On October 28, 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.
Ho Chi Minh City Technical Infrastructure Investment fails to hold 2024 Annual General Meeting of Shareholders due to lack of shareholder status
- Signal: Negative
- Impact on: HT1, Ho Chi Minh City Infrastructure Investment stock
- Comment: This news could raise concerns about the company's business operations, causing HT1's stock price to fall.
Foreign investors strongly sold HPG steel industry stocks and ETF funds.
- Signal: Negative
- Impact on: HPG, FUEVFVND, MSN, STB, DGC, SHS, VRE, KDH, VCI
- Comment: Strong net selling by foreign investors in large-cap stocks such as HPG and FUEVFVND may put pressure on the stock market in the short term.
An electricity company reported a third quarter profit of nearly one hundred billion, its stock price hit the ceiling for two consecutive sessions.
- Signal: Positive
- Impact on: KHP, VN-Index
- Comment: Positive business results of electricity companies are a positive signal for the stock market, pushing stock prices up sharply.
Major shareholders trade stocks, businesses prepare to pay dividends
- Signal: Neutral
- Affects: BMI, SSB, VPG, DXG, ACG, MCM, CTD, APG, GVR, VNS, EVE, KSD, HJS
- Comment: It is normal for major shareholders to trade frequently, and businesses paying dividends will increase investor confidence.
Foreign investors net sold nearly 400 billion VND, focusing on MWG and MSN transactions
- Signal: Neutral
- Impact on: MWG, MSN, VPB, EIB, TPB, DGC, TCB, HPG, CEO, PVI, IDC, HNG, ACV, WSB, ABI, VDG
- Comment: Foreign cash continued to withdraw net during the trading session, putting pressure on the market. However, the concentration of transactions in large-cap stocks reflects that cash flow is still interested in investment opportunities.
Stocks at one-month low, selling pressure increases
- Signal: Negative
- Impact on: VN-Index, bluechips such as BID, GVR, VIC, MSN, CTG
- Comment: The stock market is facing strong selling pressure, with the VN-Index falling to its lowest level in over a month. This shows that investors are wary of risks and need more supporting information to restore confidence.
Overwhelming selling pressure, VN-Index fluctuates around 1,250 points
- Signal: Negative
- Impact on: VN-Index, VN30, banking and real estate stocks
- Comment: The market is in a cautious mood, selling pressure is widely dominant, making it difficult for the main index's decline to be balanced again.
Chairman of Saigonbank Berjaya contributed nearly 70 billion VND, increasing ownership to 60%
- Signal: Positive
- Impact on: SBBS
- Comment: The large capital contribution from the Chairman of the Board of Directors helps strengthen the company's business operations, creates confidence for investors, and is a positive signal for the stock.
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.
