On November 6, 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.
Good investment opportunity with important political events in the US and the Fed's move to cut interest rates
- Signal: Neutral
- Impact on: Stock indexes, financial stocks, oil and gas
- Comment: The US election and the Fed's interest rate decision this week will have a strong impact on the Vietnamese stock market. Investors should carefully monitor these developments.
Market stops falling, waiting for new trend
- Signal: Neutral
- Impact on: VN-Index, VN30, real estate stocks, steel industry
- Comment: The market may continue to shake off and test the support zone before forming a new trend, with real estate and steel groups potentially leading the way.
The stock market recovery continues.
- Signal: Neutral
- Impact on: VN-Index, bank stocks
- Comment: The return of banking stocks is a positive signal, but the momentum of increase is not sustainable due to investors' cautious psychology.
The applause was loud, but the owner remained silent: Hoa Phat led the steel industry, while many compatriots had to sadly bear losses.
- Signal: Neutral
- Impact on: HPG, HSG, TVN, TLH, TIS
- Comment: Mixed business results in the third quarter in the steel industry reflect the general difficult situation. However, Hoa Phat still maintains good profits, showing its outstanding competitiveness.
Stock trading morning of November 4: Increased selling pressure causes VN-Index to plummet below 1,250 points
- Signal: Negative
- Impact on: VN-Index, VCB
- Comment: Strong selling pressure spread, causing the market to fall deeply, however, VCB's contribution limited the decline of VN-Index.
Deep decline, VN-Index breaks through 1,250 point mark, VCB brake pads limit decline
- Signal: Negative
- Impact on: VN-Index, VN30, VCB, HNX-Index, UPCoM-Index
- Comment: The strong decline of the market this session shows that the situation is still negative. The fact that VN-Index broke the 1,250 point mark and VN30 fell sharply is an unfavorable signal.
Mcredit provides financial support, donates 200 million VND in savings for the back-to-school season
- Signal: Neutral
- Impact on: MBS shares of Military Bank
- Comment: Mcredit's promotional program may put competitive pressure on other consumer finance units.
VN-Index cools down after early session gains, stocks record recovery momentum
- Signal: Neutral
- Impact on: VN-Index, VN30-Index, securities stocks such as VCI, HCM, SSI, BSI, CTS, FTS
- Comment: The market had mixed developments during the session, selling pressure was still present in large-cap stocks, causing the general index to record a decline. However, the recovery momentum of the stock group is a positive signal.
Foreign investors net sold nearly 700 billion VND
- Signal: Negative
- Impact on: VHM, MSN, FPT and other large stocks
- Comment: The fact that foreign investors are selling off large stocks shows their cautious and risk-averse mentality.
Stock market on fire as banking group all fall deeply
- Signal: Negative
- Impact on: VN-Index, VN30, bank stocks such as VCB, TPB, VPB, HDB, VIB, SSB, TCB, SHB, MBB, ACB
- Comment: The stock market is under great pressure from the banking group as many large bank stocks fell sharply, pushing the VN-Index to lose the 1,250 point mark.
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.
