On December 7, 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.
VN-Index retreats to 1,240 points, VTP jumps to new peak in gloomy trading session
- Signal: Negative
- Impact on: VN-Index, VN30, VTP, VND, SHS
- Comment: The stock market fell across the board, reflecting investors' cautious sentiment. However, the strong increase in VTP shares shows that there are still opportunities to invest in individual stocks with good prospects.
Vietnam stocks drop the most in 2 weeks, VN-Index loses more than 9 points
- VN-Index fell deeply to 1,240 points in today's trading session due to widespread selling pressure. Liquidity decreased, foreign investors sold strongly over 650 billion VND.
- Signal: Negative
- Impact on: VN-Index, VN30, BID, VHM, CTG
- Comment: The market is retesting the support level of 1,240-1,250 points. Despite the fluctuations, there are still opportunities for investors to catch the bottom in the short term in stocks that maintain an uptrend and have strong cash flow.
Investment funds surpass peak while VN-Index remains in red
- Although the VN-Index has fallen nearly 20% from its historical peak, many equity funds have surpassed their previous highs. Funds that are properly allocated to growth sectors such as IT, consumer goods and materials have outperformed the overall market.
- Signal: Neutral
- Impact on: VN-Index, FPT, MSH, PTB, VEA, HPG, BWE
- Comment: The news shows a divergence in the market, with professional funds outperforming individual investors. This may attract money into investment funds, but also put pressure on the VN-Index due to the caution of individual investors.
VEA, MWG and GEX stocks are recommended to buy, CTD is rated positive
- Signal: Positive
- Impact on: VEA, MWG, GEX, CTD
- Comment: Positive recommendations for VEA, MWG, GEX and CTD stocks show the growth potential of large enterprises. This can boost investor sentiment and create momentum for the general market in the short term.
VN-Index drops to nearly 1,240 points, low liquidity causes concern
- The VN-Index fell 9.42 points (-0.75%) to 1,240.41 points in the trading session on December 4. Increased selling pressure pushed the market down quickly, especially at the end of the session. Low liquidity is a worrying minus point.
- Signal: Negative
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: The market is showing signs of a short-term correction as the VN-Index approaches the support level of 1,240 points. Low liquidity shows investors' cautious sentiment. There may be fluctuations in the coming sessions before a clearer trend emerges.
The number of newly opened securities accounts decreased sharply in November, the lowest in the past 5 months. Foreign investors sold a record net of 88,000 billion VND in 11 months.
- Signal: Negative
- Impact on: VN-Index, HNX-Index, bluechip stocks
- Comment: The number of newly opened accounts decreased and foreign investors sold strongly, showing investors' cautious sentiment. However, the total number of accounts still increased, reaching the target earlier than planned, promising long-term growth potential for the market.
Securities companies compete to increase capital to boost margin lending, offsetting falling brokerage profits.
- Signal: Neutral
- Impact on: MBS, HSC, TCBS, ACBS
- Comment: Increasing capital helps securities companies expand margin lending activities, creating growth momentum. However, risks increase if the market fluctuates strongly. Investors need to be careful when using financial leverage.
Vinhomes reduces charter capital after record treasury stock purchase deal of VND10,500 billion
- Vinhomes officially reduced its charter capital from VND43,544 billion to VND41,074 billion after buying back nearly 247 million treasury shares, equivalent to VND10,500 billion. This is the largest treasury stock purchase deal in the history of Vietnam's securities market.
- Signal: Positive
- Impact on: VHM, VN-Index
- Comment: The large purchase of treasury stocks shows the company's confidence in its growth prospects. This could have a positive effect on VHM shares and the VN-Index in the short term.
Fed lowers interest rates, US stocks soar
- Fed Chairman Powell spoke optimistically about the US economy, boosting expectations of a rate cut. Dow Jones rose 0.69%, S&P 500 rose 0.61%, Nasdaq rose 1.3%. Technology stocks led the gains.
- Signal: Positive
- Impact: Dow Jones, S&P 500, Nasdaq, tech stocks like Salesforce, Marvell
- Comment: The Fed's dovish comments on the possibility of interest rate cuts have created positive sentiment among investors. This could boost cash flow into the stock market, especially technology stocks in the short term.
Pinetree – The pioneer digital securities company in Vietnam makes an impressive mark after 5 years of operation
With a differentiated strategy focusing on digital platforms, Pinetree has entered the Top 20 securities market share, growing customers 17 times and revenue nearly 20 times after only 5 years.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, securities stocks
- Comment: Pinetree's success shows the development potential of the digital securities model in Vietnam. This can motivate other securities companies to accelerate digital transformation, creating growth momentum for the entire industry.
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.
