On January 23, 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.
Market liquidity is less active, foreign investors reduce transactions and continue to net sell. HDB is the most net bought, while VCB is the most sold on HOSE.
- Signal: Negative
- Impact on: VN-Index, HDB, VCB, FPT, HPG, VNM
- Comment: Foreign investors' reduction in transactions and continued net selling may put pressure on the market in the short term. However, the net selling level has decreased compared to the previous session, showing signs of easing selling pressure.
EVNFinance exceeds 20% 2024 profit plan, up 72% compared to last year
- Electricity Finance Joint Stock Company (EVF) announced that its pre-tax profit in 2024 exceeded the plan by 20%, a sharp increase of 72% compared to 2023. This impressive result shows EVF's remarkable growth over the past year.
- Signal: Positive
- Impact on: EVF, VN-Index, HNX-Index
- Comment: EVF's outstanding business results can create positive sentiment for financial stocks. This is likely to boost VN-Index and HNX-Index in the short term, especially stocks in the same industry.
There is still room to loosen monetary policy in 2025, but it is difficult to further reduce operating interest rates.
- Signal: Neutral
- Impact on: VN-Index, banking stocks
- Comment: Although there is room for easing, the fact that the SBV has not further reduced the operating interest rate shows its caution. This may help stabilize the exchange rate, but limits support for credit growth and the economy in the short term.
SSI reports 2024 pre-tax profit increased by 24%, margin debt reached a record of nearly 22,000 billion VND
- Parent company SSI recorded pre-tax profit of VND3,353 billion in 2024, an increase of VND241 billion compared to the previous year. Margin lending balance at the end of 2024 reached a record high of VND21,800 billion, contributing greatly to the company's positive business results.
- Signal: Positive
- Impact on: SSI, VN-Index, HNX-Index
- Comment: SSI's positive business results reflect the positive outlook of the securities industry. The sharp increase in margin debt shows that investor sentiment has improved, which can support liquidity and market trends in the coming time.
VN30 reform: Limiting banking weight, expanding opportunities for other industries
- HOSE issued new rules, limiting the proportion of the banking sector in VN30 to 40%. The ETF fund plans to sell 4,000 billion VND of banking stocks, creating opportunities for other sectors.
- Signal: Positive
- Impact on: VN30, TCB, ACB, VPB, MBB, HDB
- Comment: Rebalancing the proportion of industries in VN30 will help the index reflect market developments more accurately, attracting more diverse capital flows into potential industries such as real estate, retail, and consumption.
Vietnam stocks may fall sharply by 15-20% before recovering, VN-Index forecast to accumulate around 1,200-1,300 points
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: Forecast of strong short-term correction but positive long-term outlook. Investors need to be cautious, can wait for buying opportunities at low prices. Macro factors and attractive valuations support market recovery in the medium and long term.
130 enterprises have announced their financial statements for the fourth quarter of 2023, creating a basis for assessing the year-end business situation and 2024 prospects of listed companies.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index
- Comment: The announcement of the fourth quarter financial statements helps investors have an overview of the business situation of the enterprise. However, more time is needed to fully evaluate the results of the whole market and the impact on the general trend.
Vietnam's stock market may fall sharply by 15-20% before stabilizing, according to SHS's forecast. VN-Index is expected to accumulate in the 1,200-1,300 point channel before heading towards 1,400-1,420 points.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: Despite the short-term downtrend, the long-term outlook remains positive with expectations of economic growth and the possibility of market upgrade. Investors should be cautious and have a reasonable asset allocation strategy.
Experts advise to wait patiently for the first luck of the year when VN-Index is sideways, predicting liquidity will improve after Tet
- Signal: Neutral
- Impact on: VN-Index
- Comment: The market is in a sideways phase with low liquidity before Tet. However, experts expect liquidity to improve after Tet when there is more supporting information from Q4 business results and the AGM season. Investors should wait patiently for opportunities.
The South Korean government will sharply increase the minimum capitalization and revenue requirements for listed companies from 2026. The move is aimed at eliminating inefficient businesses and improving market quality.
- Signal: Positive
- Impact on: KOSPI Index, small-cap stocks on KOSPI
- Comment: This measure may help improve the quality and efficiency of the Korean stock market in the long term. However, in the short term, some small-cap stocks may face selling pressure.
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.
