On November 21, 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.
Risk management – the key to helping investors have confidence in the bond market
- The increasingly complete legal framework and accumulated experience help investors respond more effectively to risks in the corporate bond market. Measures to manage credit, interest rate, liquidity and legal risks need to be implemented systematically.
- Signal: Positive
- Impact on: HNX30, VN30, banking and real estate stocks
- Comment: The news reflects an improvement in the bond market, creating positive sentiment for investors. This could boost capital flows into the stock market, especially blue-chip stocks and the financial sector.
Expert Nguyen Duc Nhan: Exchange rate is only one of 7 internal problems of Vietnam's stock market
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UPCOM-Index
- Comment: This information may make investors more cautious when evaluating the market. However, identifying internal problems is also an opportunity to improve the market in the long term. It is necessary to monitor the reactions of management agencies and listed companies.
VPBankS forecasts BSR's profit to increase sharply by 224% in 2025 thanks to recovering oil prices and improved operating efficiency. Positive outlook for Vietnam's petrochemical industry.
- Signal: Positive
- Impact on: BSR, OIL, PLX
- Comment: The optimistic forecast for BSR's profit reflects the positive outlook for the petrochemical industry. This could boost investment in oil and gas stocks, creating growth momentum for the stock market.
EU proposes to switch to T+1 settlement cycle from October 2027, keeping up with global trends and improving capital market efficiency
- Signal: Positive
- Impact on: European stock indices, shares of asset management companies and custodian banks in the EU
- Comment: This move could boost liquidity, reduce risks and improve the efficiency of EU capital markets. However, the complex transition requires careful preparation from stakeholders, which could cause some short-term volatility.
Strong bottom-fishing demand, VN-Index surpasses 1,200 points, real estate stocks break out
After hitting bottom below 1,200 points, VN-Index bounced back thanks to bottom-fishing demand. Real estate stocks led the market with many codes increasing strongly such as DXG, NVL, PDR.
- Signal: Positive
- Impact on: VN-Index, DXG, NVL, PDR, VHM
- Comment: The bottom-fishing demand appeared when VN-Index reached the psychological level of 1,200 points, showing that investors are still optimistic. The breakthrough of the real estate group can create a positive spillover effect, promoting the market's recovery in the short term.
Auditing company signed 'false' documents for Quoc Cuong Gia Lai, causing a loss of 2,700 billion VND for Novaland
- Signal: Negative
- Impact on: NVL, QCG, real estate stocks
- Comment: This incident may reduce investors' confidence in the transparency of corporate financial reports, negatively affecting the stock market, especially real estate stocks. It is necessary to monitor the response of the management agency and the price movements of NVL and QCG shares in the coming time.
VN-Index increased by more than 11 points, Viettel family reversed the trend and decreased sharply
- The Vietnamese stock market recovered impressively after 4 consecutive sessions of decline, with the VN-Index increasing by 11.39 points (+0.95%). Going against the market trend, stocks of the Viettel family such as VTP, CTR, and VGI fell sharply.
- Signal: Positive
- Impact on: VN-Index, VTP, CTR, VGI
- Comment: The market has shown signs of positive recovery after a series of declines, with cash flow spreading to many sectors. However, liquidity remains low and foreign investors continue to sell strongly, indicating that the uptrend may not be sustainable.
Large securities company's profits surpass expectations, ROAA increases to 5.4% in 9 months of 2024
- Large-scale securities companies recorded strong growth in profits from margin lending and fixed-income investments, outperforming their peers. The group's ROAA increased to 5.4%, higher than the industry average.
- Signal: Positive
- Impact on: SSI, VND, HCM, VIX, TCBS
- Comment: Positive business results of leading securities companies can boost investor confidence in the financial sector. This can support the short-term growth of the VN-Index, especially banking and securities stocks.
Foreign investors strongly net sold 1,200 billion VND on HOSE despite the market's increase
- Signal: Negative
- Impact on: VN-Index, VHM, FPT, HPG, MSB
- Comment: The continued strong net selling by foreign investors, especially of large-cap stocks, may put pressure on the market in the short term. However, strong domestic demand is still supporting the growth of the VN-Index. Investors should carefully monitor the foreign cash flow in the coming sessions.
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.
