The stock market bulletin records notable developments, providing investors with multi-dimensional information about trends and growth potential. Below is a summary of some of the highlights and analysis of the market situation in the form of a bulletin.
Bottom fishing demand reappears around 1600 points
A strong sell-off in the afternoon session pushed the VN-Index down to 1,616.02 points before reaching the cash flow waiting for a deep price zone. The recovery after 2 p.m. did not help the stock price change, but it was less bad.
- Signal: Neutral
- Impact on: VIC, VHM, BID, VCB, GAS, MSN, VPB, TPB, CTG, FPT
- Comment: The appearance of bottom-fishing cash flow around the 1,600-point threshold shows significant support from domestic investors. Although net selling pressure from foreign investors may create short-term fluctuations, the market's recovery after the afternoon signals the ability to maintain important support levels. Investors should consider gradually accumulating stocks with good fundamentals when prices adjust deeply, while closely monitoring foreign investors' movements to assess the long-term market trend and flexibly adjust their portfolios.
Selling pressure skyrocketed, stocks fell sharply, foreign investors withdrew more than 1,300 billion
The liquidity of the two listed exchanges this morning increased by 44% compared to the session at the end of last week, but the stocks fell sharply. This is a clear sign of active selling pressure, while the buyers continue to wait patiently.
- Signal: Neutral
- Impact on: VHM, CTG, TCB, VPB, HPG, FPT, MBB, VIC, BID, VNM
- Comment: Strong active selling pressure along with foreign investors' net withdrawal of more than VND 1,300 billion reflects the cautious and worried sentiment of the market. This development may prolong the short-term correction, creating downside risks for many stocks. Investors should prioritize risk management by reducing the proportion of leveraged positions and waiting for clearer signals of stability before participating in bottom fishing, focusing on stocks with solid fundamentals and good resistance to fluctuations.
TCBS launches "huge" promotion: Refund up to 40 million VND when trading stocks
Investors trading stocks for the first time at TCBS will receive a "shower of incentives" such as unlimited free trading, refunds of up to VND 40 million and attractive margin lending interest rates.
- Signal: Positive
- Impact on: TCBS, GIAO, PHI, Ngay, CTCP, FTSE
- Comment: Attractive incentives from TCBS can boost trading activities, especially attracting new investors or those who want to move to this platform. This has the potential to increase liquidity for the market and create more vibrant trading opportunities for stocks. For investors, this is a good time to take advantage of incentive programs to optimize transaction costs, while seeking opportunities from the general excitement of the market, especially in highly liquid industry groups.
VN-Index may break 1600 points but the probability is low, opportunities still exist in stocks
In a cautious scenario, the VN-Index breaking through the 1,600 point threshold is still possible but with low probability.
- Signal: Neutral
- Impact on: MSCI, DXY, VIX, MBS
- Comment: Although the scenario of VN-Index breaking through the 1600-point threshold is considered to have a low probability, this still requires investors to maintain a high level of caution. Instead of worrying about the general index, investment opportunities may lie in individual stocks with good growth stories or at attractive valuations. The appropriate strategy is to focus on carefully analyzing each enterprise, prioritizing stocks with strong fundamentals, stable cash flow and benefiting from macro trends, while preparing a risk management scenario for any unexpected developments.
Which industries will benefit from the crypto asset market?
The move toward crypto assets is likely to bring capital back, generating revenue for banks and securities firms, while opening up opportunities for specialized service providers in custody, compliance, and analytics.
- Signal: Neutral
- Impact on: AML, CFT, MBB, TCB
- Comment: The development of the crypto asset market opens a new era, bringing great opportunities for related industries such as banks, securities companies and specialized financial technology service providers. The return of capital to this channel can create new revenue sources and profit growth for pioneering businesses. Investors should look for stocks in the financial, technology and blockchain service sectors that are able to adapt and benefit directly from this trend, considering this a potential long-term investment vision.
China keeps interest rates unchanged, yuan may continue to appreciate against USD
The People's Bank of China (PBOC) kept interest rates unchanged for the fourth consecutive month, despite the US Federal Reserve (Fed) cutting interest rates last week.
- Signal: Neutral
- Impact on: PBOC, LPR, PPI
- Comment: The decision of the People's Bank of China (PBOC) to keep interest rates unchanged in the context of the Fed's interest rate cut shows the difference in monetary policy between the two major economies. This can affect the exchange rate of the yuan against the USD, indirectly affecting import-export enterprises that trade with China. Investors should carefully analyze the impact of exchange rate fluctuations on the profits of enterprises in their portfolio, especially those with large supply chains or consumer markets in China, and consider global macro factors to adjust their investment strategies.
Can profit-taking pressure stop the gold price increase?
In the short term, profit-taking pressure in the gold market is still high, but experts say the price of this precious metal still has many strong supporting factors in the medium and long term.
- Signal: Negative
- Impact on: BNP, PCE
- Comment: Profit-taking pressure in the gold market in the short term is inevitable after a period of price increase. However, strong supporting factors for gold prices in the medium and long term such as inflation, geopolitical instability and the weakening of paper currencies still exist. Investors can consider accumulating gold as a safe haven and risk hedging channel for their investment portfolio, especially in the context of global macroeconomic uncertainty. Allocating a portion of assets to gold can help protect capital value in the long term.
Ray Dalio advises investors to allocate 10% of their portfolio to gold
According to Mr. Dalio, all major paper currencies are losing their appeal as stores of value, as governments around the world fail to show the determination to limit public spending and borrowing.
- Signal: Neutral
- Impact on: CNBC
- Comment: Ray Dalio's advice to allocate 10% portfolio to gold reflects the view of the weakening of paper currencies and the need to find a sustainable store of value. This is a smart risk management strategy, especially in the context of governments tending to increase public spending and debt. Investors should consider integrating gold into their investment portfolio as a diversifier, helping to minimize risks when the stock market fluctuates. This allocation not only helps preserve capital but also has the potential to bring long-term profits when global macro factors are still challenging.
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.
