On December 17, 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.
Dragon Capital expects the KRX system and market upgrade to attract more investors.
- Dragon Capital believes that the Vietnamese stock market has largely reflected the existing risks, with a projected P/E of 11.8x for 2024. The implementation of the KRX system and the process of upgrading to emerging market status are expected to attract more interest from investors.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, VN30
- Comment: Positive information from Dragon Capital may create optimism for investors. Expectations about the KRX system and market upgrade may boost cash flow into the stock market in the coming time.
VPS Securities launches new brand identity, aiming for exciting experiences and prosperous future for customers
- Signal: Positive
- Impact on: VN-Index, HNX-Index, securities stocks
- Comment: VPS's rebranding reflects the strong growth of the company and the securities industry in general. This can create positive sentiment for investors, promote transactions and potentially support stock indices in the short term.
Fed expected to cut interest rates for 3rd time in a row, market awaits guidance on monetary policy in 2025
- Signal: Positive
- Impact on: VN-Index, HNX-Index, banking and real estate stocks
- Comment: The Fed's continued interest rate cuts could boost capital flows into the Vietnamese stock market. However, investors need to carefully monitor the Fed's guidance on monetary policy in 2025 to have an appropriate investment strategy.
China pledges to stabilize real estate and stock markets, boost economic growth
- Signal: Positive
- Impact on: Chinese stock indices such as Shanghai Composite, Hang Seng
- Comment: The Chinese government’s strong commitment could provide a positive boost to financial markets in the short term. However, the actual effectiveness of these measures in boosting economic growth needs to be monitored.
VN-Index slightly adjusted this week, accumulating before recovery expectations. Investors should take advantage of the fluctuations to choose potential stocks.
- Signal: Neutral
- Impact on: VN-Index, VN30
- Comment: The market is in the accumulation phase, consolidating the support price level. The selling pressure is not large, indicating positive expectations. Investors can consider slowly disbursing into good fundamental stocks during corrections.
VFS experts predict positive Vietnam stock market in 2025 thanks to solid economic foundation, expecting VN-Index to surpass 1,300 points
- Signal: Positive
- Impact on: VN-Index, bluechip stocks
- Comment: GDP growth prospects of 6.5-7%, efforts to upgrade the market and the return of foreign capital could push the VN-Index up by 10-18% in 2025. Liquidity is expected to improve by 15-20%, reaching 18-20 trillion VND/session.
Bill Gates Charity Foundation is about to receive nearly 10 billion VND in dividends from Masan Consumer
- Signal: Positive
- Impact on: MCH, MSN
- Comment: The large dividend payment shows Masan Consumer's positive business results, which can create a positive effect on MCH shares and parent company MSN. At the same time, it attracts foreign investors' attention to the Vietnamese market.
Stock market recovers slightly, cash flows into small and medium stocks
- VN-Index increased after 4 consecutive sessions of decline. Small and medium-sized stocks such as VIX, MST, DST attracted strong cash flows, while blue chips stagnated. Low liquidity showed investors' cautious sentiment.
- Signal: Neutral
- Impact on: VN-Index, VIX, MST, DST
- Comment: The market is in a tug-of-war trend, lacking strong momentum. Weak cash flow and focus on small and mid-cap stocks shows that investors are cautious. Need to monitor developments in the coming sessions.
Bill Gates Charity Foundation is about to receive nearly 10 billion VND in dividends from Masan Consumer
- The Bill & Melinda Gates Foundation Trust, which holds more than 1 million MCH shares, will receive an interim dividend of up to VND9.88 billion in 2024 from Masan Consumer. This is one of the fund's indirect investments in Vietnam.
- Signal: Positive
- Impact on: MCH, MSN
- Comment: MCH's large dividend payout shows the company's positive business results, which can create confidence for investors. This can boost interest in MCH and MSN stocks on the stock market.
Vietnam's stock market failed to recover, VN-Index slightly decreased 0.07% to 1,261.66 points in the morning session of December 16.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: The market fluctuates within a narrow range with low liquidity, reflecting investors' cautious sentiment. The tug-of-war trend may continue in the short term. Further monitoring is needed to assess the trend more clearly.
Kinh Bac (KBC) mortgaged all of its VND12,681 billion capital contribution at Trang Cat Urban Development Company, causing concerns about the company's financial situation.
- Signal: Negative
- Impact on: KBC, VN-Index
- Comment: Mortgaging such a large amount of capital may indicate that KBC is having cash flow difficulties. This may negatively affect KBC's stock price and cause investors to worry about real estate businesses.
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.
