STOCK MARKET NEWS OCTOBER 29, 2024

Posted date: October 29, 2024 Updated date: 10/28/2024

Index

On October 29, 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.

US stock market welcomes volatile week with election and Fed policy

  • Signal: Neutral
  • Impact on: Investment funds, large technology stocks such as Alphabet, Microsoft, Meta, Apple, Amazon
  • Comment: Important economic and political news may cause strong market fluctuations next week. Investors should monitor carefully.

Shark Petri Deryng Confident Bank Stocks Will Boom, Warns Rising USD/VND Rate Could Cause Psychological Impact

  • Signal: Positive
  • Impact on: Bank stocks such as STB, MBB, HDB, TPB, CTG
  • Comment: Expectations that bank stocks will have a strong third quarter business results season will bring positive signals to the market.

VCCI warns that banning individual investors could disrupt the corporate bond market.

  • Signal: Negative
  • Impact on: HNX, real estate and construction stocks
  • Comment: This news puts pressure on the corporate bond market due to concerns about a lack of demand if individual investors are banned from participating.

Selling pressure not over yet, short-term trend negative

  • Signal: Negative
  • Impact on: VN-Index, HNX-Index, blue-chip stocks
  • Comments: According to securities companies, selling pressure remains, low liquidity shows weak demand, negative short-term trend.

Securities companies recommend limiting bottom fishing and adjusting safe portfolios

  • Signal: Negative
  • Impact on: VN-Index, large stocks in the market
  • Comments: Securities companies assess that selling pressure may continue, recommending investors to be cautious and limit bottom fishing in the short term.

NVL requests 4-year bond repayment extension, Ministry of Finance speaks up

  • Signal: Negative
  • Impact on: NVL, VN-Index, HNX-Index, Real estate stocks
  • Comment: This information puts pressure on NVL stock prices and many other real estate stocks on the stock market.

Shrimp cracker company's profit nearly doubled

  • Signal: Positive
  • Impact on: SGC, VHC
  • Comment: Sa Giang Joint Stock Company's (SGC) good business results in the third quarter and the first nine months of the year will have a positive impact on the stock price of SGC and the stock of its parent company Vinh Hoan (VHC).

Here is a sample pop-up news:
Stocks and banks adjusted strongly, VN-Index lost nearly 33 points last week

  • Signal: Neutral
  • Impact on: VN-Index, bank stocks, securities
  • Comment: This development is considered by analysts to be a short-term correction of the market after a recent series of increases.

Investors bet on China stimulus package

  • Signal: Neutral
  • Impact on: Stocks and funds focused on China market
  • Comment: Investors remain positive on the Chinese market despite US-China trade tensions as they believe China's economic stimulus package will support stocks.

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.

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Nguyen Thien An

HVA shares are a sustainable profitable choice in the investment field. Committed to bringing safety and maximum benefits to investors through effective investment solutions.

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