On December 16, 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.
Techcom Capital Expert: The bond market is expected to develop well in 2025, regaining investor confidence
- Mr. Le Quang Hung, Senior Director of Investment Analysis at Techcom Capital, commented that the bond market will develop well in 2025 thanks to new policies that increase transparency. He recommended that investors diversify their investments into stocks, bonds, and certificates of deposit.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, VNBOND
- Comment: The positive outlook of the bond market could boost capital flows into the stock market, especially banking and real estate stocks. This could support the upward momentum of stock indices in the medium and long term.
Binh Son Refining and Petrochemical (BSR) has been approved to list 3.1 billion shares on HoSE, moving from UPCoM after many years of waiting. This is an important step forward for Vietnam's leading oil refinery company.
- Signal: Positive
- Impact on: BSR, VN-Index, HNX-Index
- Comment: BSR's transfer to another floor could increase liquidity and attract new investors. This could have a positive impact on BSR's stock price and contribute to improving the quality of the Vietnamese stock market in general.
VPBankS Talk #4: Explore investment opportunities in 2025 with leading experts
- The VPBankS Talk #4 workshop Steadfastly overcoming storms will take place on December 16 in Hanoi, gathering leading economic and investment experts to discuss the prospects of the stock market in 2025, focusing on the banking and real estate sectors.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, UPCoM-Index, banking and real estate stocks
- Comment: This event may bring new perspectives on investment opportunities, especially in the banking and real estate sectors. Information from experts may have a positive impact on investor sentiment, supporting short-term market trends.
Draft amendment to Decree 155 allows integration of IPO and listing, shortening the time for businesses to go public
- Signal: Positive
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: The integration of IPO and listing will attract more enterprises to the stock exchange, especially equitized SOEs. This can increase liquidity and market size, creating new investment opportunities for domestic and foreign investors.
Experts recommend diversifying investments of 1-3 billion VND, prioritizing promising stocks
- Signal: Positive
- Impact on: VN-Index, HNX-Index, UPCOM-Index
- Comment: The recommendation to diversify the portfolio with a large proportion of promising stocks shows confidence in the stock market's prospects. This can boost cash flow into the market, supporting the uptrend of major indices in the short term.
Stock market liquidity declines, VN-Index continues to decline
- Cash flow into stocks was the lowest in the past 2 weeks, reaching only 11,400 billion VND on the HoSE. VN-Index fell nearly 5 points, down to 1,262 points in the 4th consecutive session of decline.
- Signal: Negative
- Impact on: VN-Index, VCB, HPG, MSN
- Comment: The decline in liquidity and the continued decline in the main indexes show investors' cautious sentiment. However, the selling pressure is not too strong and cash flow is still waiting for disbursement opportunities in the 1,260-1,270 point range.
The Vietnamese stock market continued to move sideways, with the VN-Index falling slightly by 0.38% to 1,262.57 points. VCA shares were sold off after 11 consecutive ceiling-hit sessions.
- Signal: Negative
- Impact on: VN-Index, VCA
- Comment: Weak liquidity and lack of support show investors' cautious sentiment. The sell-off of VCA may cause negative sentiment to spread to other stocks. The market may continue to move sideways in the short term.
IPA issues 3.3 trillion VND in 4-zero bonds to pay off due debts
- IPA Investment Group (IPA) will raise its fifth bond issuance in 2024, raising the total issuance value to VND3.3 trillion. Notably, these are 4-no bonds – non-convertible, non-warrant, non-collateralized and non-secondary debt.
- Signal: Negative
- Impact on: IPA, HNX index
- Comment: The issuance of 4-no bonds in large volumes shows that IPA has significant debt pressure. This may negatively affect the company's financial situation and stock price, and reflects the risks in the corporate bond market.
PNJ Chairman's daughter plans to spend VND390 billion to buy shares, trading from December 18, 2024 to January 16, 2025 via agreement/order matching. This move shows confidence in the company's future prospects.
- Signal: Positive
- Impact on: PNJ
- Comment: The fact that the leaders buy a large amount of shares can create positive sentiment for investors. This can boost PNJ's stock price in the short and medium term.
Gold and Bitcoin prices fluctuate strongly, VN-Index slightly decreases in gloomy trading session
- SJC gold price decreased by 700,000 VND/tael, Bitcoin retreated to nearly 100,000 USD. VN-Index decreased by 4.78 points to 1,262.57 points in the session with the lowest liquidity in the past half month.
- Signal: Negative
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: The Vietnamese stock market continues to decline slightly amid low liquidity, reflecting cautious investor sentiment. Strong fluctuations in gold and cryptocurrency prices may put pressure on the market in the short term.
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.
