On October 12, 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.
ABS presents 2 stock market scenarios for October
- Signal: Neutral
- Impact on: VN-Index, VN30, VNMID, VNSML
- Comment: ABS gives 2 scenarios for the market in October, with the possibility of the market making a short-term correction below 1,300 points.
New shareholders are about to appear at APG Securities
- Signal: Neutral
- Impact on: APG
- Comment: Information about the appearance of new shareholders may create expectations about changes in business strategy at APG.
Vinhomes buys back treasury shares worth more than 16 trillion VND
- Signal: Neutral
- Impact on: VHM
- Comment: Large-scale share buybacks can create selling pressure but also demonstrate the company's confidence in its business prospects.
The State Securities Commission provides information on the Vinhomes sale of 370 million VHM shares.
- Signal: Neutral
- Impact on: VHM, VIC
- Comment: Information about this large transaction was announced transparently, not causing much volatility in the market.
Foreign securities transactions: Net selling of 370 billion VND, strong disbursement of MSN
- Signal: Neutral
- Impact on: MSN, VHM, TCB, EIB, PVS, TNG, SHS, IDC, ACV, BSR
- Comment: Foreign investors strongly sold bluechip stocks but continued to net buy MSN, showing investors' hesitation about market developments.
Bluechips help VN-Index regain momentum
- Signal: Positive
- Impact on: VN-Index, VN30, VHM, VIC, VRE, VJC, MSN
- Comment: Support from bluechip stocks such as VHM, VIC, and VRE helped the VN-Index overcome the resistance level of 1,290-1,300 points, creating momentum for the market to increase.
VHM shares contribute positively, helping VN-Index stay green
- Signal: Positive
- Impact on: VHM, VN-Index
- Comment: Expectations of VHM's recovering business results and large treasury stock purchases could support this stock and the stock market in the coming time.
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.
