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.
Large stocks cause VN-Index to "slip" from the 1700 peak, foreign investors reverse to buy
Market sentiment has strengthened significantly in recent afternoons, although cash flow has not increased much but it has accepted higher risks. Active demand has helped stocks recover positively. VN-Index surpassed the peak of 1700 points but "slipped" at the last minute when it had to bear the additional weight from the pillar.
- Signal: Positive
- Impact on: VIC, VCB, VHM, CTG, HPG, GEX, MWG, STB, HDB, FRT
- Comment: The fact that VN-Index could not maintain the 1700 peak due to pressure from pillar stocks shows that the market is diverging. However, the active demand and the strong net buying reversal of foreign investors are positive signals, reinforcing the belief in the potential for price increases of large-cap stocks in the short term. Investors can consider accumulating pillar stocks with good foundations when there is an adjustment. The risk comes from profit-taking pressure at strong resistance levels, requiring a strict risk management strategy to optimize profits. In the long term, foreign investors' net buying is a factor supporting the market's sustainable growth trend.
The market reacted cautiously to the upgrade news, foreign investors net sold more than 940 billion
Although the news of Vietnam’s stock market upgrade was welcomed by investors before the trading session, the excitement was short-lived. Liquidity also showed signs of a strong increase, but this was followed by a clear price decline.
- Signal: Negative
- Impact on: VIC, VHM, TCB, BID, HPG, VPB, SSI, LPB, SHB, TPB
- Comment: The upgrade information, although positive, triggered profit-taking, especially from foreign investors with more than VND 940 billion in net selling. This created a clear downward pressure, showing that the market needs time to absorb the information and establish a new price level. At this stage, investors should be cautious, limit chasing purchases and focus on stocks with reasonable valuations and strong internal growth potential. Foreign investors' net selling is a short-term risk, and it is necessary to closely monitor cash flow developments. In the long term, the upgrade is still a strong supporting factor, but in the short term, risk management by reducing margin ratio and restructuring the portfolio is necessary.
VN-Index faces the opportunity to surpass historical peak
VnEconomy introduces comments and investment recommendations from a number of securities companies on recent market developments.
- Signal: Neutral
- Impact on: BVSC, BSC, HSX, HNX, FTSE, SHS, TVS, YSVN, LLC, TMCP
- Comment: VN-Index is facing the opportunity to surpass its historical peak, showing the optimistic sentiment of the market. Comments from securities companies often focus on technical factors and cash flow, expecting a new uptrend. Investors can consider leading industry groups or stocks with their own stories, especially those recommended by reputable companies. The main risk is that the uptrend cannot be maintained after surpassing the peak, which can lead to a technical correction. Although there are great opportunities, smart capital allocation and setting clear stop-loss thresholds will help manage risks effectively in both the short and long term.
There will be profit-taking pressure after the upgrade news, the market still has macro support
After the upgrade is announced and even after the official upgrade, the market often tends to adjust due to investors' profit-taking when expectations are met.
- Signal: Positive
- Impact on: FTSE, NPF, KBSV, VCB, MSN, VNM, HPG, VIC, VHM, SSI
- Comment: The market correction after the upgrade news is a common occurrence due to profit-taking pressure. However, support from stable macro factors is an important support, helping the market not fall into a deep downtrend. This could be an opportunity for investors with a long-term vision to accumulate good stocks at discounted prices. A strategy of buying in parts and focusing on stocks that benefit from macro will be appropriate. In the short term, profit-taking pressure still exists, requiring patience. In the long term, a solid macro foundation will be the main growth driver, but risks from global market fluctuations need to be managed.
Forecast of 7 billion USD will soon flow into Vietnamese stocks after the upgrading period
Of which, 1.5 billion USD from passive funds if Vietnam accounts for 0.5% weight in the emerging market index while the total estimated assets from active funds are 5 times higher than ETF funds - according to FTSE.
- Signal: Positive
- Impact on: FTSE, NFP, FII, JSC, FDI, MSCI, FOL, CCP, HNX, HOSE
- Comment: The forecast of foreign capital inflows of up to 7 billion USD after the upgrade is an extremely positive signal, promising a strong growth wave for the Vietnamese stock market. This will boost liquidity and valuation of many stocks. Investors should proactively research and select potential stocks, especially large-cap stocks and companies that meet the criteria of ETF funds. This is a good opportunity to restructure the portfolio, to catch the large cash flow. Although the long-term outlook is very bright, risks may come from cash flow not flowing in as quickly as expected or exchange rate fluctuations. Risk management through portfolio diversification and not using excessive leverage is necessary.
Mirae Asset Chairman: Upgrade is international recognition of market attractiveness
The upgrade is not only a change in classification label, but also an international recognition of the transparency, operational capacity and attractiveness of Vietnam's capital market.
- Signal: Positive
- Impact on: FTSE, MAS, MSCI, III, FDI
- Comments: The comments from Mirae Asset Chairman affirm the value and attractiveness of Vietnam's capital market after the upgrade. This is an important psychological factor, strengthening the confidence of international and domestic investors, promising to attract more FDI and FII capital flows. This is the time for investors to recognize the long-term growth potential of the market. Focusing on businesses that can directly benefit from transparency and international integration will be effective. In the short term, the market may still fluctuate, but in the long term, international recognition will be a solid foundation for development. Risks come from global macro factors, requiring investors to always update information to make appropriate decisions.
Which industry group benefits the most after Vietnam's stock market is upgraded?
Along with attracting foreign capital, market liquidity is expected to increase. Improved investment sentiment leads to increased margin lending balance, active proprietary trading activities create growth expectations for the securities industry.
- Signal: Neutral
- Impact on: FTSE
- Comment: Identifying the sectors that will benefit from the upgrade is the focus of many investors. Sectors such as securities, banking, real estate and leading enterprises that are able to attract foreign capital will have strong growth prospects. Investors should consider allocating capital to leading stocks in the benefiting sectors. The strategy of "buying when the market adjusts" will help optimize profits. However, it is necessary to carefully evaluate each enterprise to avoid the risk of choosing the wrong code. In the short term, expectations can create an upward wave. In the long term, these sectors will benefit sustainably from increased liquidity and market confidence. Risk management by diversifying the portfolio in the benefiting sectors is key.
“Shark” Pyn Elite: Investors took profits after VN-Index set a record
Investors reaped profits after the VN-Index hit a new record high earlier this month, surpassing 1,700 points. Against this backdrop, PYN Elite Fund reported a performance that was worse than the overall index, -3.2%.
- Signal: Neutral
- Impact on: PYN, FTSE, STB, MBB, VIX, MWG, HVN, ACV, VIB, OCB
- Comment: Information from Pyn Elite Fund shows that there is a lot of profit-taking pressure after the VN-Index reached its historical peak. This has led to a decline in the performance of some funds, reflecting the cautious sentiment of large investors and the technical adjustment of the market. At this stage, investors should prioritize profit preservation and limit chasing. It is possible to consider partial profit-taking for stocks that have increased rapidly and wait for a clearer bottoming signal. In the short term, the market may continue to correct. In the long term, profit-taking is a natural part of the market cycle, and this may be an opportunity to buy at a better price after the market stabilizes. Risk management by placing stop-loss orders is very important.
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.
