On November 20, 2024, the stock market news bulletin recorded remarkable 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.
Hoang Huy group stocks break out, VN-Index recovers to 1,217 points after volatile trading session
- Signal: Neutral
- Impact on: VN-Index, TCH, HHS, VHM
- Comment: The market showed signs of a slight recovery after the selling pressure at the beginning of the session. Cash flow shifted to some individual stock groups such as real estate and securities. However, foreign investors still maintained a strong net selling trend.
30 Outstanding Enterprises Honored at the 2024 Best Annual Report Awards
- The 2024 Listed Company Awards Ceremony was held in Da Lat, honoring 30 companies with the best annual reports in financial and non-financial sectors. The event aims to encourage information transparency and improve the quality of reporting by listed companies.
- Signal: Positive
- Impact on: VNIndex, HNX-Index, stocks BVH, HDB, CTG, GEX, FPT, BCG, SBT, PNJ
- Comment: Honoring businesses with excellent annual reports will create motivation to improve the quality of information disclosure, increase transparency and attract investors, contributing to increasing confidence in the Vietnamese stock market.
PV Drilling is fully booked for the next 2 years, planning to buy an additional jack-up rig worth 90 million USD
- Signal: Positive
- Impact on: PVD, GAS, PVS
- Comment: The news shows a positive outlook for the oil and gas industry, especially drilling activities. This could boost the share price of PVD and related businesses in the industry. However, further monitoring of investment capital and the global oil and gas market situation is needed.
Lending interest rates are expected to remain low, expected to boost credit growth at the end of the year. Although deposit interest rates tend to increase, banks still keep lending interest rates low to support businesses in accessing capital.
- Signal: Positive
- Impact on: VN-Index, bank stocks
- Comment: Low lending rates will support businesses, boost credit growth and may have a positive impact on the stock market. Bank stocks may benefit from year-end credit growth.
25 outstanding listed companies honored at the 2024 Corporate Governance Awards, promoting the application of international practices and enhancing the position of the Vietnamese stock market
- Signal: Positive
- Impact on: VN-Index, HNX-Index
- Comment: Honoring well-governed enterprises will create motivation to improve governance quality, attract foreign investors and upgrade the market. This can promote capital flows into the Vietnamese stock market in the medium and long term.
SAB, NLG and HAX stocks are positively recommended before the session on November 19
- Securities companies have given positive recommendations for SAB, NLG and HAX stocks with growth expectations in the coming time. SAB is assessed to have recovery prospects, NLG is expected to grow thanks to project handover, and HAX benefits from the automobile tax reduction policy.
- Signal: Positive
- Impact on: SAB, NLG, HAX
- Comment: Positive recommendations from securities companies can motivate investors to take interest in these stocks. This can boost liquidity and stock prices in the short term, especially for recommended codes.
VN-Index shows signs of recovery, decline slows down as it approaches 1,208 point threshold
- Signal: Neutral
- Impact on: VN-Index, HNX-Index
- Comment: The market is in a tug-of-war situation, with demand improving slightly at the support zone. However, the trend has not improved significantly. Investors should be cautious and monitor developments in the coming sessions to have appropriate strategies.
Vinhomes completed nearly 50% of its treasury stock buyback plan, spending nearly VND 7,500 billion in 19 consecutive trading sessions.
- Signal: Positive
- Impact on: VHM, VIC, VRE
- Comment: Vinhomes' large-scale treasury stock purchase demonstrates its belief in long-term growth potential, which could have a positive effect on VHM shares and related codes in the short term. However, it is necessary to monitor market developments in the coming time.
Experts point out 6 effective rules for 'bottom fishing' when the market is nearing bottom. VPBank Securities Digital Business Director believes that the bottom of the stock market is very near, giving out the 'shark' method and 6 safe investment rules for investors.
- Signal: Positive
- Impact on: VN-Index, HNX-Index
- Comment: This information can create positive sentiment for investors, encouraging cash flow to return to the market. However, investors need to be cautious and adhere to risk management principles when participating in 'bottom fishing'.
Foreign investors sell strongly, VN-Index finds it difficult to surpass 1,300 points even though world stocks hit new peaks
- Signal: Neutral
- Impact on: VN-Index, VNM, MSN, VIC
- Comment: Despite short-term net selling pressure, the long-term outlook of the market remains positive thanks to economic growth, upgrading opportunities and FDI attraction. Investors should monitor large-cap stocks, industrial park real estate and technology.
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.
