On December 23, 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.
Prime Minister suggests replicating concert model, YEG shares double after 3 months
- Prime Minister Pham Minh Chinh proposed replicating the concert model like Anh trai qua ngan cong gai, contributing to promoting the cultural industry. Yeah1's YEG stock increased sharply, reaching a 33-month peak and nearly doubling in value in just 3 months.
- Signal: Positive
- Impact on: YEG, VNIndex
- Comment: The Prime Minister's support for the concert model can boost the entertainment and culture industry, bringing positive prospects for businesses in this field, especially Yeah1 (YEG). This can create a positive spillover effect for the general market.
Securities Law 2024 tightens regulations on bond issuance, enhances investor protection
- Signal: Positive
- Impact on: Bond issuing enterprises, securities companies
- Comment: The new regulations will enhance transparency and discipline in the bond market, helping to better protect investors. This can promote confidence and sustainable development of the market in the long term, although it may cause short-term difficulties for some issuers.
TCBS pioneers the application of Blockchain in bond management, improving transparency and safety for investors. This technology helps record all bond transactions in a transparent, uneditable manner, and acts as an automatic 'audit'.
- Signal: Positive
- Impact on: TCB, banking and technology stocks
- Comment: The application of Blockchain in TCBS's bond management demonstrates the digitalization trend in the financial sector. This can create confidence for investors, promote bond transactions and have a positive impact on the stock market.
Finnish Fund increases ownership in Haxaco to 6,81%, buys 1.2 million more HAX shares
- After becoming a major shareholder, the Finnish fund continued to collect more than 1.2 million HAX shares, increasing its ownership ratio at Haxaco - the largest Mercedes-Benz distributor in Vietnam to 6,81%.
- Signal: Positive
- Impact on: HAX
- Comment: The fact that foreign funds are continuously increasing their ownership shows their confidence in Haxaco's growth potential. This could attract more investors, push up HAX's stock price in the short term and create momentum for the automobile industry.
Port stocks break out, YEG continues to heat up in the morning session of December 20
- Signal: Positive
- Impact on: VOS, VSC, VTO, VIP, YEG
- Comment: The breakthrough of the seaport stocks and the continuous heat of YEG show that the cash flow is tending to shift to the group of small and medium stocks. This could create momentum to help the market recover after the previous decline.
HVN shares exploded, increasing nearly 7% in the last trading session of the week on a gloomy market background.
- Signal: Positive
- Impact on: HVN, VN-Index
- Comment: HVN's breakthrough may create a positive effect for the transportation and aviation stocks. However, the general market still faces many challenges due to the lack of momentum from large-cap stocks and weak cash flow.
Foreign investors net buy on HOSE, FPT and VNM are popular
- Foreign investors net bought VND30 billion on HOSE on December 20, with FPT and VNM being the two stocks with the strongest buying. However, the whole market still recorded a slight net selling of VND3.3 billion.
- Signal: Neutral
- Impact on: FPT, VNM, VIX, HPG, NVL
- Comment: Positive foreign cash flow on HOSE is a positive signal, but the low net buying and net selling on other exchanges shows that foreign investors are still cautious. We need to monitor developments in the coming sessions.
Vietnam Airlines (HVN) shares hit the ceiling price of VND29,300, the highest in the past 5 months, during the stock market recovery session. Liquidity reached nearly VND188 billion, ranking in the top 10 of the HoSE market.
- Signal: Positive
- Impact on: HVN, VN-Index
- Comment: HVN's recovery could have a positive impact on the aviation industry and the general market. VN-Index could continue to increase if cash flows into blue-chip stocks. However, it is necessary to monitor market liquidity in the coming sessions.
Bitcoin plummets, losing the $100,000 mark while VN-Index increases slightly
- Bitcoin price dropped sharply from $104,200 to $95,400, while VN-Index increased slightly by 2.83 points to 1,257.5 points. Asian stock markets also decreased.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UPCoM-Index, banking and technology stocks
- Comment: Although Bitcoin has fallen sharply, the VN-Index still increased slightly, showing that the domestic market is relatively stable. However, pressure from the international market and Bitcoin may negatively affect investor sentiment in the short term.
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.
