On October 30, 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.
Sucking money flow in the stock market
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, HNX30
- Comment: Declining liquidity shows investor caution in the context of market volatility.
CTR, FPT and NLG – Stocks to watch on October 29
- Signal: Neutral
- Impact on: CTR, FPT, NLG
- Comment: Contrasting recommendations for CTR, FPT and NLG will create market divergence.
After 4 sessions, Vinhomes has spent nearly 2,200 billion VND to buy treasury stocks.
- Signal: Neutral
- Impact on: VHM, Vinhomes, VN-Index
- Comment: Vinhomes' large-scale repurchase of treasury shares may cause selling pressure on the market in the short term, but it also shows that large investors highly appreciate the business's prospects.
Foreign investors net sold more than 660 billion VND in the whole market
- Signal: Negative
- Impact on: VN-Index, HNX-Index, UpCom-Index, MSN, HPG, SHS, WSB
- Comment: With foreign investors net selling more than 660 billion VND on all 3 exchanges, the market signal became negative, putting pressure on the main indices as well as stocks that were heavily sold such as MSN, HPG, SHS, WSB.
The slow increase of VN-Index was maintained in the trading session on October 28.
- Signal: Neutral
- Impact on: VN-Index, stocks on HOSE
- Comment: Despite low liquidity, the continued increase in major indices reflects investors' cautious sentiment.
A sharp drop in money flowing into stocks has forced market liquidity to its lowest in nearly a month.
- Signal: Neutral
- Impact on: VN-Index, VN30-Index, market liquidity
- Comment: The market lacks supportive information, investors are cautiously observing, causing transactions to be choppy and liquidity to drop sharply.
VN-Index recovers slightly, liquidity returns to lowest level of the year.
- Signal: Neutral
- Impact on: VN-Index, VN30, VHM, HPG
- Comment: Although VN-Index recorded a slight increase, the decrease in liquidity shows that the market's growth potential is still limited.
VietinBank Capital unexpectedly owns more than 18% of Hai Ha Confectionery shares
- Signal: Neutral
- Impact on: HHC
- Comment: High volume trading may put pressure on HHC shares in the short term but can also bring liquidity and long-term growth potential.
Lack of cash flow attraction, stock market is quiet
- Signal: Negative
- Impact on: VN-Index, VHM, MSN and small stocks
- Comment: Investment demand shifting to gold and real estate, the appreciation of the USD, and the impact of the State Bank's net withdrawal of cash are putting downward pressure on the stock market.
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.