On November 23, 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.
Wall Street cautiously awaits Nvidia earnings report, worries about escalating Russia-Ukraine tensions
- Signal: Neutral
- Impact on: Nvidia, Target, Bitcoin, MicroStrategy, MARA Holdings
- Comment: US markets were little changed, reflecting cautious investor sentiment. Geopolitical tensions and weak results from Target weighed on sentiment, while expectations for Nvidia’s report and a rally in cryptocurrencies provided support. The short-term outlook remains unclear.
Investors cautious before derivatives expiration session, VN-Index fluctuates around reference
- Signal: Neutral
- Impact on: VN-Index, VN30F2411
- Comment: The market needs more time to confirm the bottom. Cash flow is still cautious and has not returned strongly. Investors should monitor more positive signals before making a decision.
GELEX (GEX) has been rumored twice, its stock price has fluctuated strongly. Investors need to be cautious with unverified information about this company on the market.
- Signal: Negative
- Impact on: GEX, VN-Index
- Comment: Rumors are causing instability for GEX shares and may affect investor sentiment. It is necessary to monitor the official response from the company and price movements in the coming time. Investors should be cautious with unverified information.
VN-Index increased nearly 12 points in the derivatives expiration session, liquidity weakened, focusing on bluechips
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, VN30, bluechip stocks such as STB, VPB, CTG, MWG
- Comment: Although the index increased, liquidity decreased sharply and concentrated on the VN30 group, showing investors' caution. The short-term recovery is still unstable due to its large dependence on the bluechip group.
VN-Index increased strongly for the second consecutive session, approaching the 1,230 point mark thanks to cash flow into large-cap stocks such as VHM, VPB, and MWG.
- Signal: Positive
- Impact on: VN-Index, VHM, VPB, MWG
- Comment: The strong increase of VN-Index shows the optimistic sentiment of investors. The leadership of large-cap stocks can create a positive spillover effect, attracting cash flow into the market in the short term.
Foreign investors strongly net sold VHM, nearly 600 billion VND in the session of November 21
- Foreign investors continued to net sell nearly 1,000 billion VND across the market, of which VHM alone was net sold up to 587.35 billion VND. CTG, TCB and VPB were the most net bought.
- Signal: Negative
- Impact on: VHM, SSI, HPG, KBC, MWG, CTG, TCB, VPB
- Comment: The continuous net selling of foreign investors, especially VHM shares with large value, may put pressure on the general market. However, the net buying of some banking stocks shows that there is still differentiation in foreign cash flow.
VN-Index increased the most in half a month, liquidity was the lowest in 2 weeks
- Vietnamese stocks today saw their strongest increase in the past two weeks, with the VN-Index rising nearly 12 points to 1,228 points. However, liquidity dropped sharply to its lowest level in two weeks.
- Signal: Neutral
- Impact on: VN-Index, CTG, VPB, MWG, TCB, MBB, HVN, BID, VHM
- Comment: The market increased positively but low liquidity shows the cautious sentiment of investors. Foreign investors continued to net sell for the 21st consecutive session. It is necessary to monitor liquidity developments in the coming sessions.
Relatives of the Vice Chairman of VIB registered to buy 14 million shares, expected to trade from November 27 to December 26, 2024 by negotiation and/or order matching.
- Signal: Positive
- Impact on: VIB
- Comment: The fact that the leaders registered to buy a large amount of shares shows confidence in the bank's prospects. This can create positive sentiment for investors, supporting VIB's stock price in the short term.
VPBank expects to achieve 83% profit plan, MB reduces stock target price to 22,150 VND
- Signal: Neutral
- Impact on: VPB
- Comment: Although VPBank has had good growth in the first 9 months of the year, the reduction in target price shows a more cautious outlook. However, the slightly reduced bad debt ratio is a positive signal. Overall, this information may create mixed reactions from investors towards VPB shares.
Bitcoin approaches $100,000 mark, up nearly 5% in the past 24 hours to $97,400/BTC
- Signal: Positive
- Impact on: Crypto and blockchain related stocks
- Comment: Bitcoin's strong rally could boost cash flow into the cryptocurrency market and related stocks. However, strong volatility also poses the risk of a short-term correction. Investors need to be cautious and manage risks when trading.
Vinhomes completes purchase of 247 million treasury shares, marking a historic deal on the Vietnamese stock market
- Signal: Positive
- Impact on: VHM, VIC, VN-Index
- Comment: This deal demonstrates Vinhomes' confidence in its business prospects and growth potential. The purchase of treasury shares could support VHM's stock price in the short term, creating momentum for the real estate group and the VN-Index.
Vinhomes closes record treasury stock buyback campaign: 247 million shares, worth 11,000 billion VND
- Signal: Positive
- Impact on: VHM, VN-Index
- Comment: The largest treasury stock purchase in the history of Vietnam's stock market could have a positive effect on VHM shares and the VN-Index. The reduction in outstanding shares could support VHM's price in the short term, while also reflecting the company's confidence in its future prospects.
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.
