On November 26, 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.
The Gioi Di Dong benefits from collecting online business taxes, creating a level playing field and enhancing competitive advantage thanks to its superior after-sales service system.
- Signal: Positive
- Impact on: MWG
- Comment: The collection of online business tax can boost MWG's growth in the coming time. However, the company still faces challenges from expanding BHX and competing in the fresh food segment.
Fed cautious on rate cuts as US inflation data expected to rise sharply
- The US PCE index is forecast to increase 2.8% in October, the highest level since April. The Fed is likely to maintain a cautious stance on further rate cuts at its December meeting.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, banking and real estate stocks
- Comment: High US inflation may cause the Fed to delay cutting interest rates, affecting capital flows into the Vietnamese stock market. However, the US economy is still growing well, which is a positive factor.
Stock market recovers, attractive investment opportunities with public investment stocks
- VN-Index regained green thanks to bottom-fishing demand in large-cap stocks, relieving psychological pressure for investors. Public investment stocks are expected to grow strongly in the last months of the year thanks to the acceleration of public investment disbursement.
- Signal: Positive
- Impact on: VN-Index, banking stocks (TCB, CTG, BID, VPB), real estate (VHM, NVL, DXG), and public investment
- Comment: The market is showing signs of positive recovery. However, investors need to be cautious because this may just be a technical recovery. Public investment stocks have good growth potential in the short term.
Attractive investment opportunities: Banks, basic resources and real estate are valued below 5-year average
- Signal: Positive
- Impact on: VN-Index, VNFinSelect, VNMaterials, VNREAL
- Comment: Information about attractive valuations of some sectors may attract cash flow into the market, especially banking, basic resources and real estate stocks. This may support the recovery of VN-Index in the short term.
VN-Index recovers impressively, cash flow expected to improve next week
- VN-Index rebounded from the 1,200-point support zone, ending the week up 1.8%. Large-cap stocks led the gains, creating expectations that the positive trend could continue.
- Signal: Positive
- Impact on: VN-Index, VN30, banking group, securities, real estate
- Comment: The main driving force for the increase comes from supply restraint, liquidity remains low. However, investor sentiment has improved. If cash flows continue to flow into large-cap stocks, the VN-Index is likely to head towards the resistance zone of 1,240 points next week.
Trump's election, Vietnam's stock market benefits in the long term
- Nhat Viet Securities (VFS) believes that Donald Trump's policies will have a positive impact on a number of Vietnamese industries, creating potential long-term investment opportunities.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, stocks in export, textile, footwear industries
- Comment: Expectations about Trump's policies may boost Vietnamese export businesses. However, it is necessary to monitor specific developments to more accurately assess the impact on the stock market in the short and medium term.
The quality of corporate governance in Vietnam's listed companies has skyrocketed, aiming for the Top 5 in ASEAN
- The 2024 Listed Companies Awards recognizes remarkable progress in corporate governance, annual reporting and sustainable development. Many companies have adopted international standards, digitized their reports and integrated ESG factors to attract foreign investors.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, large and mid-cap stocks
- Comment: Improvements in governance and information transparency will enhance the reputation of the Vietnamese stock market and attract foreign capital. This can have a positive impact on stock valuations, especially for businesses with good governance quality.
Stock market trading sluggishly, POW suddenly skyrocketed with high liquidity
- Signal: Neutral
- Impact on: VN-Index, POW, VHM, VIC, VRE
- Comment: The market is in the accumulation phase after the recovery period, with no signs of confirming a new trend. Weak liquidity and net selling pressure from foreign investors are still factors hindering the uptrend. POW stands out with high liquidity, which can create a positive short-term effect.
VPBankS affirms its position as the number 1 best workplace in the financial services industry.
- VPBankS has just been honored as the Top 1 Best Workplace in Vietnam in the Financial Services industry and Top 100 Best Workplaces in Vietnam in the Medium Enterprises sector. This is a testament to the professional working environment and sustainable development of VPBankS.
- Signal: Positive
- Impact on: VPB, banking and financial services stocks
- Comment: This news may have a positive impact on VPB shares and other financial stocks. A good working environment will help VPBankS attract talent, improve operational efficiency and improve its image, thereby increasing investor confidence.
Trump's re-election could cause turbulence for Vietnam's exports to the US
- Trump's tough trade policy, if re-elected, could negatively affect Vietnam's exports to the US. Competition from Chinese goods increases, and Vietnam's GDP is at risk of falling to 5.6% in the worst case scenario.
- Signal: Negative
- Impact on: VN-Index, stocks exporting to the US
- Comment: Trump's policies may put pressure on the USD/VND exchange rate and export activities. However, the recovery of listed enterprises in 2024 with profit growth of 18% is a positive signal, helping to reduce the negative impact.
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.
