On December 10, 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.
VN-Index increased for the third consecutive session, approaching the 1,274 point mark thanks to the leadership of large-cap stocks such as FPT, SSI, HPG. Cash flow focused on bluechips helped the market maintain its upward momentum.
- Signal: Positive
- Impact on: VN-Index, FPT, SSI, HPG
- Comment: The three consecutive sessions of increase show that investor sentiment is positive. The leadership of large-cap stocks can create a spillover effect, attracting cash flow into the market in the short term. However, further monitoring is needed to confirm the trend.
Cash flow poured into small and medium stocks, VN-Index increased slightly by 3.7 points
- In the first trading session of the week, many small and medium-sized stocks such as VCA, CTI, YEG, and FIR hit the ceiling, while the bluechip group traded sluggishly. The VN-Index closed up 0.29% to 1,273.84 points.
- Signal: Neutral
- Impact on: VN-Index, VN30, HNX-Index, UPCoM-Index
- Comment: The market has a clear differentiation between large and small stocks. Cash flow is shifting from blue chips to penny stocks. This can create strong fluctuations in some specific stocks but is not enough to push the general index up sharply.
Foreign investors net sold nearly 500 billion VND, FPT accounted for more than 70% of net selling value
- Signal: Negative
- Impact on: VN-Index, FPT, MSN, PVS, BSR
- Comment: Strong net selling by foreign investors, especially FPT shares, may put downward pressure on the general market. However, some stocks are still net bought such as MSN, showing that foreign cash flows are still divergent. Investors should be cautious and monitor developments in the coming sessions.
ETF funds increase net withdrawals on Vietnam's stock market, warning of increasing selling pressure
- SSI's report shows that the trend of capital withdrawal from ETF funds in the Vietnamese stock market is getting stronger in November 2024, putting pressure on the market.
- Signal: Negative
- Impact on: VN-Index, large-cap stocks in the ETF basket such as VIC, VHM, VNM
- Comment: The trend of withdrawing capital from ETFs may put short-term selling pressure on the market, especially large-cap stocks. However, this may also be an opportunity for long-term investors to accumulate stocks at attractive prices.
VN-Index increased slightly, trading sentiment improved significantly
- The VN-Index increased by 3.7 points (+0.29%) to 1,273.84 points in the session on December 9. The strong increase in liquidity shows that investor sentiment is more positive.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: Cash flow is returning to the market, creating favorable conditions for the uptrend to continue in the short term. Investors can consider investing in blue-chip stocks when there is a correction.
KB Securities recommends buying HSG, MWG shares and neutral with FPT; SSI raises PNJ recommendation to buy
- Signal: Positive
- Impact on: HSG, MWG, FPT, PNJ
- Comment: Buy recommendations from reputable securities companies show positive prospects for some blue-chip stocks. This can create optimism and attract cash flow into this group of stocks, supporting the overall market's growth.
VPBankS organizes workshop Steadfastly overcoming storms to discuss investment prospects in 2025
- VPBank Securities (VPBankS) will organize the VPBankS Talk 04 conference on December 16 in Hanoi, to provide perspectives on market prospects and investment opportunities in 2025. The event will have the participation of prestigious experts from VPBankS Research and representatives of listed enterprises.
- Signal: Positive
- Impact on: VPB, VN-Index
- Comment: The conference can provide a positive view on the market outlook for 2025, providing investors with more information to make decisions. This can create optimism and support market trends in the short term.
Foreign investors returned to net selling VND471 billion, focusing on selling FPT after two strong buying sessions. VN-Index still increased slightly by 3.7 points thanks to small and medium-sized stocks.
- Signal: Neutral
- Impact on: VN-Index, FPT
- Comment: The strong net selling of FPT by foreign investors may create short-term downward pressure on prices. However, the decline in market liquidity and the slight increase in VN-Index show that investors are still cautious. It is necessary to monitor developments in the coming sessions.
SSI Research: Investment opportunities in low-priced industries with short-term support factors
- SSI Research recommends taking advantage of the downward movement to accumulate leading stocks in undervalued groups such as banking, securities, export and real estate. VN-Index is expected to accumulate in December with a support level of 1,230 points and a resistance level of 1,295 points.
- Signal: Positive
- Impact on: VN-Index, VHC, HDG, KDH, VPB, HAH, CTG, VCI
- Comment: The market has a chance to recover thanks to expectations of positive Q4 GDP growth and supportive policies. However, caution should be exercised with the risk of exchange rate fluctuations and the new US trade policy.
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.
