On October 21, 2024, the stock market news bulletin recorded notable 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.
Foreign investors unexpectedly net sold more than 2,000 billion VND, in which FPT led the wave of selling off stocks.
- Signal: Negative
- Impact on: FPT, HDB, MSB, KDC, DBC, VNM
- Comment: Foreign investors' strong net selling across the board, especially in large stocks such as FPT, HDB, MSB, put downward pressure on the market.
SSI reported pre-tax profit in the third quarter increased by 111%, margin debt exceeded 19,000 billion VND
- Signal: Positive
- Impact on: SSI, VN-Index
- Comment: SSI's positive business results reflect the positive outlook of the Vietnamese stock market in the third quarter. This news may support the growth of VN-Index and stocks.
HPG chooses to build large-scale steel factory to produce long rails for high-speed railway
- Signal: Neutral
- Impact on: HPG, steel industry stocks, high-speed railway project
- Comment: The large-scale factory project shows HPG's ambition in the high-speed railway sector, but also requires large investments.
Many stocks in prominent industry groups receive positive reviews
- Signal: Neutral
- Impact on: BMP, FPT, FRT, CTR, HPG, HSG, CTD, KDH, VNM, PC1
- Comment: This context reflects the market's differentiation when some stocks are positively evaluated while others are facing difficulties. Investors need to monitor the specific developments of each code.
Vosco records positive cash flow despite loss in Q3/2024
- Signal: Neutral
- Impact on: VOS
- Comment: Strong cash flow can support stocks but losing business results are the opposite pressure.
QCG shares skyrocketed 31,86% this week, leading the group of gainers
- Signal: Positive
- Impact on: QCG, VHM, DXG, SZC, TLD, NHA, HAR, KHG
- Comment: The strong increase in prices of QCG and real estate stocks may rekindle cash flow into this group, creating momentum for the market next week.
World gold price hits new record high of 2,710 USD/ounce
- Signal: Neutral
- Impact on: Gold industry stocks, gold investment funds
- Comment: Record high gold prices may support the profits of gold mining and trading enterprises but also create higher inflationary pressure.
SMC steel stocks hit ceiling, YEG achieved high liquidity
- Signal: Neutral
- Impact on: SMC, YEG
- Comment: In the context of mixed stock market movements, individual stories like SMC and YEG can attract idle money in the short term.
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.
