On October 10, 2024, the stock market news bulletin recorded notable developments, providing investors with multi-dimensional information about trends and growth potential. Below is a summary of some outstanding news and analysis of the market situation.
Vietnam stocks continue to be in FTSE Russell's sights for upgrade
- Signal: Neutral
- Impact on: VN-Index, securities industry stocks
- Comment: While the upgrade may help the Vietnamese stock market attract more foreign capital, this information is only directional and will not have a major impact in the short term.
VN-Index tends to continue to rise slowly
- Signal: Positive
- Impact on: VN-Index
- Comment: Accumulating points around 1,283 and moving towards testing the old peak will maintain the market's uptrend.
Sacombank (STB) welcomes a big wave of state capital divestment, a 'power vacuum' is about to appear
- Signal: Neutral
- Impact on: STB, VN-Index, other bank stocks
- Comment: The large divestment process at Sacombank may cause certain disruptions in the short term but also bring new investment opportunities for investors.
Vietnam's stock market is about to be officially upgraded
- Signal: Positive
- Impact on: VNM, VFMVN30, HNX30
- Comment: News shows that Vietnam's stock market is on track to complete regulations and move closer to being upgraded to emerging market status in 2025, thereby attracting more foreign capital flows.
Positive growth in Q3/2024 profit, a support for the stock market
- Signal: Positive
- Impact on: Many stocks in retail, banking, securities, transportation, energy...
- Comment: With positive earnings growth, many stocks will receive price and liquidity support in Q4/2024.
Foreign capital poured net 237 billion VND into Hoa Phat in the session of October 9
- Signal: Positive
- Impact on: HPG, VNM, Steel Industry
- Comment: The strong return of foreign cash flow to large-cap stocks like HPG shows that foreign investor sentiment is gradually improving.
The stock market news bulletin aims to provide investors with an overview, while emphasizing the importance of careful analysis before making investment decisions. Following market news from HVA The provision will help investors seize opportunities from short-term fluctuations and adjust their portfolios in line with market trends.
