On December 4, 2024, 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.
Thuduc House's TDH shares hit historic low, down 52% since the beginning of the year amid high-level personnel changes and business losses
- Signal: Negative
- Impact on: TDH, VN-Index
- Comment: TDH's negative performance reflects the difficulties of small and medium-sized real estate enterprises. However, VN-Index still maintains its upward momentum thanks to blue-chip stocks, showing that the general market is still positive in the short term.
Fed considers rate cut as it watches jobs and inflation reports
- Fed Chairman Jerome Powell will speak on the economic outlook ahead of the December meeting. Investors will be watching the November jobs report and inflation data to gauge the likelihood of a Fed rate cut.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: The Fed considers cutting interest rates but remains cautious about inflation. The Vietnamese stock market may fluctuate slightly depending on investors' reactions to information from the Fed and US economic data.
VN-Index hits 1,250 points, waiting for cash flow to change to break out
- The Vietnamese stock market recovered last week, with the VN-Index approaching the 1,250-point mark. However, low liquidity and the absence of leading stocks kept the growth momentum weak. Cash flow is expected to shift to large-cap stocks next week.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, VN30-Index
- Comment: The market is in a transitional phase and needs more time to confirm the trend. Net foreign buying and credit room expansion are positive signals, but low liquidity remains a barrier to sustainable growth.
FPT launches AI factory, expects to reach revenue of 100 million USD from 2025
- FPT has just launched FPT AI Factory in Vietnam and Japan, cooperating with many major partners such as NVIDIA, ASUS. The project aims for revenue of 100 million USD from 2025, profit margin of 50% and IRR of 25%.
- Signal: Positive
- Impact on: FPT, VN-Index
- Comment: FPT's strong investment in AI shows great growth potential in the future. This project can create new growth momentum for FPT and the Vietnamese technology industry, positively impacting the VN-Index.
Steel market is booming, Hoa Phat (HPG) shares are forecast to increase sharply to 35,000 VND/share
- Signal: Positive
- Impact on: HPG, HSG, NKG, VNM
- Comment: The positive forecast for HPG reflects the recovery prospects of the steel industry. This could boost investment in steel and construction material stocks, creating momentum for the stock market in general.
Public investment stocks break out, leading the market in the morning session of December 2
- Public investment stocks such as HHV, VCG, CII, LCG increased sharply from 3-4%, attracting cash flow and leading the market in the context of generally gloomy trading.
- Signal: Positive
- Impact on: HHV, VCG, CII, LCG, C4G
- Comment: The breakthrough of public investment stocks can create a positive spillover effect, supporting VN-Index to maintain its short-term growth momentum. However, low liquidity is still a factor that needs to be monitored, posing a potential risk of adjustment.
Trump 2.0 could have mixed effects on emerging market stocks and bonds
- Trump’s trade and tariff policies, if re-elected, could hurt stocks but benefit emerging market bonds, with investors weighing the two assets amid political uncertainty.
- Signal: Neutral
- Impact on: MSCI Emerging Markets Index, Bloomberg EM USD Aggregate Index
- Outlook: Stocks could face short-term pressure from tariff concerns, while bonds could benefit from expectations of rate cuts. However, the longer-term outlook depends on the specific policies of the new Trump administration.
Cash flow cautiously waits, VN-Index fluctuates narrowly around 1,200 points
- The Vietnamese stock market is lacking growth momentum due to weak cash flow, investors are cautiously waiting for more attractive price levels. Many key stock groups have not yet formed a clear equilibrium point.
- Signal: Neutral
- Impact on: VN-Index, VNM, BID, VPB, HPG
- Comment: The market is in a wait-and-see mode, with no strong momentum yet. It is necessary to monitor the USD/VND exchange rate and the DXY index to assess the possibility of cash flow returning to the market in the near future.
VN-Index increased slightly for the third consecutive session, despite net selling pressure from foreign investors. The Ho Chi Minh City stock market appeared mixed as the number of declining stocks dominated.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: Although VN-Index increased, market performance was uneven. Net selling pressure from foreign investors and the number of stocks decreasing showed investors' cautious sentiment. The market may continue to trade sideways in the short term.
Foreign investors unexpectedly net sold more than 300 billion VND, ending the previous 6 consecutive net buying sessions.
- Signal: Negative
- Impact on: VN-Index, FPT, ACV
- Comment: The sudden shift of foreign investors to net selling may put pressure on the market in the short term. However, the net selling level is still much lower than in mid-November, indicating that the selling pressure is not too strong. Investors should carefully monitor developments in the coming sessions.
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.
