On February 5, 2025, 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.
FPT lost 10,000 billion in capitalization in the first session of the year, reacting to the global technology sell-off wave
FPT shares fell more than 5% in the first trading session after Tet, reflecting concerns about the technology industry after the emergence of DeepSeek - a cheap AI model from China. Foreign investors strongly sold 508 billion VND of FPT shares.
Signal: Negative
Impact on: FPT, CMG, ITD, ELC, VN-Index
Comment: The global tech stock sell-off has reached Vietnam. However, FPT’s long-term prospects remain positive thanks to its partnership with Nvidia and its strong investment in AI. Investors should carefully monitor short-term market developments.
Asian stocks plunge after Trump imposes tariffs, trade war fears flare
Asian stock markets fell sharply on Monday, with Tokyo, Seoul and Jakarta down more than 21% after President Trump unexpectedly imposed tariffs on Canada, Mexico and China. The US dollar surged against many Asian currencies.
- Signal: Negative
- Impact on: Asian stock indices, TSMC
- Comment: The US tariff move could trigger a global trade war, negatively affecting economic growth and investor sentiment. The market could continue to be volatile in the short term.
Foreign investors net sold nearly 1,500 billion VND, focusing on selling FPT and VNM in the first trading session of Spring.
- Signal: Negative
- Impact on: VN-Index, FPT, VNM, MSN
- Comment: Strong selling pressure from foreign investors may cause caution among domestic investors, especially large-cap stocks. This may create short-term downward fluctuations for the general market.
Vietinbank exceeds 2024 profit plan, asset quality improves strongly
- Vietinbank's (CTG) pre-tax profit in 2024 reached VND31.8 trillion, up 26.51% YoY, exceeding the plan. The bad debt ratio decreased to 1.251% YoY, and the bad debt coverage ratio increased to 1,711% YoY.
- Signal: Positive
- Impact on: CTG, VN-Index, HNX-Index
- Comment: Vietinbank's positive business results can create a positive spillover effect for banking stocks and the general market. This is a positive signal for the banking industry's prospects in 2025.
Foreign investors net sold nearly 1,500 billion VND, VN-Index dropped more than 12 points in the first trading session after Tet
- Signal: Negative
- Impact on: VN-Index, FPT, VNM, VN30
- Comment: Strong selling pressure from foreign investors may cause short-term negative sentiment among domestic investors. However, increased liquidity and the differentiation of cash flow into small and medium-sized stocks show that the market still has bright spots. Investors should carefully observe developments in the coming sessions.
Banking industry profit forecast to increase by 17.4% in 2025, NIM stable at 3.48%
- Signal: Positive
- Impact on: VN-Index, HNX-Index, bank stocks such as VCB, BID, CTG, MBB, ACB
- Comment: The positive outlook for the banking sector could boost investor sentiment and support the stock market's upward momentum. However, it is necessary to monitor macroeconomic developments and monetary policy in the coming time.
Securities investor deposits fall sharply, to 6-quarter low
- Investor deposits at securities companies fell to VND73,000 billion at the end of Q4/2024, the lowest in the past 6 quarters. VPS still leads with VND17,100 billion but decreased by nearly VND5,700 billion compared to Q3.
- Signal: Negative
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: Cash withdrawals from securities accounts may negatively affect liquidity and short-term market trends. Banking and securities stocks may face stronger selling pressure.
Investors are optimistic about the stock market outlook in 2025 despite 2024 results not as expected
- Signal: Positive
- Impact on: VN-Index, VCB, BID, CTG, VPB
- Comment: Although many investors suffered losses in 2024, confidence in the market is still maintained with the expectation that the VN-Index could surpass 1,400 points in 2025. Positive macro factors and the prospect of market upgrade are expected to attract stronger investment flows.
Vietnam's derivatives market to explode with 10,000 new accounts in 2024, average liquidity reaching VND5,000 billion/day
- Signal: Positive
- Impact on: VN30, HNX30, commodity brokerage firms
- Comment: The strong growth of the commodity derivatives market shows investors' confidence in the profit potential. However, it is necessary to warn about the high risk due to large leverage. This may promote the development of brokerage companies and related financial services.
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.
