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.
A series of pillar stocks were sold off, VN-Index fell 1600 points
The sudden surge in selling pressure in the afternoon session forced the VN-Index to break through the psychological support level of 1,600 points. Large-cap stocks are creating a resonant pressure and this scenario is not difficult to predict. The negative effect is that the sharp decline in the index will drag many other stocks down, causing serious damage.
- Signal: Neutral
- Impact on: VHM, VIC, VCB, BID, CTG, TCB, VPB, MBB, FPT, GAS
- Comment: The VN-Index losing the psychological support level of 1,600 points and the pressure of selling off pillar stocks shows that the market sentiment is changing negatively. Investors should be cautious, limit hasty bottom fishing and prioritize portfolio risk management. This could be an opportunity to restructure the investment portfolio, but it is necessary to wait for a clearer signal of stability from the market before making a new disbursement decision.
US stocks plummeted as AI stocks were dumped, oil prices continued to fall
Most large-cap tech stocks with strong ties to AI fell sharply in the session.
- Signal: Neutral
- Impact on: AMD, ADP, WTI, OPEC
- Comment: The decline of AI technology stocks in the US along with the decline in WTI oil prices shows that global risks are increasing, which may affect domestic investor sentiment. Investors need to re-evaluate investments in technology and energy groups, and consider international macro factors to adjust their strategies accordingly. Although the direct impact may not be large, the concern from the international market can spread, creating pressure on emerging markets.
MSCI adds 3 new Vietnamese stocks to MSCI Frontier Markets Index basket
Vietnam has 3 new codes added to the important MSCI Frontier Markets Index including Ho Chi Minh City Infrastructure Investment (CII), MB Securities (MBS) and Vietnam Airlines (HVN).
- Signal: Positive
- Impact on: MSCI, HCM, CII, MBS, HVN, CTR, VIC, VHM, HPG, CCL
- Comment: The addition of three stocks CII, MBS, HVN to the MSCI Frontier Markets Index is a positive signal, showing the international market's recognition of the potential of Vietnamese enterprises. This can attract foreign capital into the market, creating momentum for price increases for the added stocks and the general market. Investors can consider investment opportunities in this group of stocks, but need to monitor the actual cash flow and not rule out the possibility of short-term profit taking after the information.
VN-Index still has a chance to "recapture" the 1700 point mark?
VDSC adjusted the target P/E valuation range of VN-Index to 12.7x-14.5x to reflect the increase in risk-free interest rates. Accordingly, the reasonable fluctuation range of VN-Index in the next 3 months is determined to be in the range of 1,427-1,788 points.
- Signal: Neutral
- Impact on: VDSC, OPEC
- Comment: VDSC's target valuation for VN-Index in the next 3 months shows that growth potential still exists despite fluctuations in risk-free interest rates. The market's ability to return to the 1700-point mark requires consensus from large cash flows and positive macro factors. Investors should focus on stocks with good fundamentals and sustainable profit growth potential, instead of just chasing short-term fluctuations of the index. Risk management by rational portfolio allocation is the recommended strategy.
Real estate businesses' opening sales revenue will explode in the 2025-2026 period
The outlook for real estate stocks is bright thanks to positive profit growth and the potential for valuation increases of businesses with much room to grow, driven by new opening prices continuously reaching new highs and faster-than-expected implementation speed.
- Signal: Positive
- Impact on: BSC, TOD, VHM, DXG, PDR, NVL, DIG, TCH, KDH, NLG
- Comment: The prospect of explosive sales revenue in the 2025-2026 period shows that real estate stocks are having strong macro and internal supporting factors. This creates opportunities for positive profit growth and potential for increased valuation. Investors can consider investing in real estate businesses with clean land funds, solid legal status and good project implementation capabilities, but need to pay attention to interest rate and policy risks that may affect the industry. This is a long-term investment opportunity if the right business is chosen.
Gold prices continue to fail at the $4,000/oz mark
During the session, spot gold prices reached $4,020/oz at one point, but selling pressure increased towards the end of the session, causing gold to once again lose the psychological mark of $4,000/oz.
- Signal: Neutral
- Impact on: SPDR, ING
- Comment: The failure of gold prices to maintain the $4,000/oz mark shows that selling pressure is still present, despite periods of strong increases. This development may affect the sentiment of investors seeking safe haven assets. Investors need to closely monitor macro factors such as inflation, interest rates and monetary policies of central banks to assess gold price trends. For stock investors, the movement of cash flow into or out of gold can indirectly affect the stock market, so it is necessary to consider asset proportions to effectively manage risks.
Behind the US dollar's recovery
The USD exchange rate is clearly recovering after a period of continuous depreciation.
- Signal: Negative
- Impact on: ECB
- Comment: The recovery of the USD often has a negative impact on emerging markets, including Vietnam, through pressure on exchange rates and foreign investment flows. This can increase import costs and put pressure on businesses with USD-denominated debt. Investors should closely monitor the State Bank's monetary policy to assess the ability to maintain exchange rate stability, while prioritizing businesses whose operations are less dependent on exchange rate fluctuations or have foreign currency income to balance.
Key stage
The strong pressure this afternoon has begun to break the 1600 point mark of VNI. The weekend is also very interesting because both the stock holders and the money holders have 2 days off to consider their actions.
- Signal: Neutral
- Impact on: VNI
- Comment: VN-Index lost the 1600 mark at the end of the week, creating a pivotal period for the market. Investors' decisions after two days off will shape the short-term trend. Investors should take advantage of this time to re-evaluate their portfolios, cut high-risk positions and prepare a clear action plan for the first trading session of the week. Avoid making decisions based on emotions, instead rely on technical and fundamental analysis to look for opportunities when the market shows signs of stabilizing again.
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.
