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.
Derivative expirations proceeded peacefully with record-low liquidity.
A peaceful derivatives expiration session with record low liquidity in the underlying market. The convergence of these two signals suggests that supply and demand are in balance.
- Signal: Neutral
- Impact on: HNX, SHB, HDB, MBB, TCB, STB, VPB, YEG, HII, HID
- Analysis: The calm derivatives expiration session, coupled with record-low liquidity in the underlying market, indicates cautious investor sentiment but also reflects a temporary balance between supply and demand. This could be a sign of accumulation before a clearer trend emerges, requiring investors to closely monitor subsequent signals to avoid the risk of unexpected volatility. Maintaining a balanced and flexible portfolio is a suitable strategy during this period.
The VN-Index is forecast to continue its recovery and head towards the 1,700 point mark.
VnEconomy presents the market outlook and investment recommendations from several securities companies.
- Signal: Neutral
- Impact on: BVSC, SHS, DGC, HOSE, TVS, VJC, GAS, TCB, CTG, LNH
- Analysis: Forecasts from securities companies that the VN-Index will continue to recover and head towards the 1,700-point mark indicate positive expectations for the market outlook. However, current liquidity needs improvement to consolidate a sustainable upward trend. Investors may consider increasing their holdings in stocks with strong fundamentals, especially those that haven't experienced rapid price increases, while maintaining stop-loss orders to effectively manage risk.
The market showed positive divergence amidst a continued sharp decline in liquidity.
The tug-of-war among large-cap stocks continued to balance each other out, allowing the rest to trade steadily. Investors awaited developments regarding the afternoon expiration dates, leading to a significant weakening of cash flow. However, low liquidity did not significantly impact stock prices.
- Signal: Neutral
- Impact on: VIC, FPT, VHM, MBB, CTG, VCB, BID, TCB, VPB, VPL
- Analysis: The positive divergence in the market indicates that capital is becoming more selective in specific sectors, while the tug-of-war among large-cap stocks creates a balance. The sharp decline in liquidity is usually accompanied by cautious sentiment, but if it doesn't affect stock prices, this could be a period of accumulation for promising stocks. Investors should focus on internal business analysis and long-term investment strategies, avoiding FOMO (fear of missing out) driven by short-term fluctuations.
Market correction: Securities stocks enter attractive valuation zone.
The Vietnamese stock market is entering a correction phase as the prices of many stocks have fallen sharply, although the VN-Index remains at a high level. In the context of significantly discounted valuations and positive medium- to long-term prospects, securities stocks are being assessed as one of the notable bright spots.
- Signal: Positive
- Impact on: CHI, MBS, SSI, MSCI, PHI, KHO, VPX, CTCP, HCM
- Assessment: The market correction has brought securities stocks to attractive valuation levels, opening up noteworthy medium- and long-term investment opportunities. With the growth prospects of the Vietnamese stock market, stocks in this sector could benefit from improved liquidity and the launch of new products. Investors can consider gradually investing in stocks with good profit growth potential, while carefully evaluating macroeconomic factors and policies to optimize investment performance.
Gold prices surge, silver sets new record high.
Analysts also suggest that, with its strong upward trend, the price of silver is pulling the price of gold up with it.
- Signal: Negative
- Affects: DHF, PCE, SPDR
- Analysis: The sharp rise in gold and silver prices, reaching new records, typically reflects investors' desire for safe-haven assets amid economic uncertainty or inflation. This could cause some capital to move away from risky investments like stocks in the short term. However, if this price increase is driven by inflation, businesses with precious metal assets or those that benefit from inflation may see positive performance. Diversification of investment portfolios should be considered to mitigate volatility risk.
US stocks plunged as Oracle shares rose, oil prices rebounded from a 5-year low.
The US stock market fell during the trading session, as artificial intelligence (AI) stocks were sold off following unfavorable news related to Oracle.
- Signal: Neutral
- Impacts: AMD, CNBC, WTI, OPEC
- Analysis: The sharp decline in US stocks, driven by pressure on major technology stocks like Oracle, reflects the global market's sensitivity to corporate news and industry fluctuations. Meanwhile, the rebound in oil prices from a five-year low could be a positive signal for energy-related sectors. These international developments may impact Vietnamese investor sentiment, requiring caution, especially with stocks linked to or sensitive to global markets.
The Prime Minister directed the early establishment of a national gold exchange and the issuance of bonds.
The Prime Minister requested ministries, sectors, and localities to implement a comprehensive set of solutions regarding monetary policy, fiscal policy, public investment, and financial market development; in particular, he emphasized the task of urgently researching and reporting on the proposal to establish a national gold exchange before a specific deadline.
- Signal: Neutral
- Impact on:
- Assessment: The Prime Minister's directive to establish a national gold exchange and issue government bonds is an important step towards enhancing transparency and efficiency in the gold market and mobilizing capital. This could create a new investment channel, attract capital flows, and contribute to the stability of the financial market. In the long term, this move promises to improve macroeconomic management capacity and create a more solid foundation for the development of the stock market, especially sectors related to finance and banking.
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.
