On December 19, 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.
Foreign investors increase net selling of nearly 770 billion VND on Vietnam's stock market
- Signal: Negative
- Impact on: VN-Index, HNX-Index, UPCoM-Index, FPT, MWG, NLG, HPG, VRE, PVS, ACV, BSR
- Comment: Strong net selling pressure from foreign investors may cause concern among domestic investors, leading to a downward trend in major indices. Stocks that are being sold heavily such as FPT and MWG may face downward pressure in the short term.
Bank stocks promise to boom, technology hits peak valuation
- Experts predict that banking stocks will boom in the 2025-2030 period thanks to their role in providing capital for economic growth. Meanwhile, technology stocks are at record valuations with P/B of 4-5 times.
- Signal: Positive
- Impact on: VNIndex, HNXIndex, UPCoM-Index, banking and technology stocks
- Comment: The news shows a positive outlook for banking stocks in the long term. However, investors should be cautious with the high valuations of technology stocks. The market may be divided between these two groups in the near future.
VN-Index slightly decreased, liquidity was low and foreign investors were net sellers in a quiet trading session.
- Signal: Negative
- Impact on: VN-Index, HNX-Index, VCB, VHM, VIC
- Comment: The market lacks growth momentum amid news that the Fed may cut interest rates. Investors are cautiously awaiting monetary policy decisions from major central banks. The VN-Index may continue to fluctuate within a narrow range around 1,260 points in the short term.
PNJ, MCH and PVD stocks are recommended to buy and are positive before the peak season at the end of the year.
- Signal: Positive
- Impact on: PNJ, MCH, PVD, VHC
- Comment: Positive recommendations for retail and oil and gas stocks reflect expectations for the year-end peak season and industry outlook. This could provide momentum for the overall market in the short term, especially for consumer and energy-related stocks.
The Vietnamese stock market is in an accumulation phase, waiting for new momentum. The VN-Index fluctuates around 1,260-1,270 points with low liquidity, showing a balance between supply and demand and a lack of trading momentum.
- Signal: Neutral
- Impact on: VN-Index, VN30
- Comment: The market is in a stable accumulation phase, waiting for new factors to break out. Large-cap stocks such as banks and real estate will play an important role in orienting market trends in the coming time.
Vietnamese billionaires compete to issue bonds, raising tens of thousands of billions of dong
- Vinhomes, VietJet, HDBank and many large enterprises are rushing to issue individual bonds, raising thousands of billions of VND. Vinhomes plans to raise 4,000 billion, VietJet 2,000 billion, and HDBank 10,000 billion in this round.
- Signal: Positive
- Impact on: VHM, VJC, HDB, ACB, VDS
- Comment: The fact that large enterprises are actively issuing bonds shows that capital demand is increasing, reflecting positive expectations about business prospects. However, it is necessary to monitor the debt repayment capacity of enterprises in the coming time.
VN-Index accumulates around 1,260 points, market waits for breakthrough momentum
- Signal: Neutral
- Impact on: VN-Index, HNX-Index
- Comment: The market is in the accumulation phase, with the VN-Index moving sideways around the 1,260 point threshold. Technical indicators show that the short-term uptrend is still maintained, but more momentum is needed to overcome the strong resistance zone of 1,280-1,300 points. Investors should monitor the developments of banking and real estate stocks.
IDC, BSR and OCB stocks are recommended to buy and monitor before the session on December 17
- Securities companies give buy recommendations to IDC (target price of VND71,500) and BSR (target price of VND25,000), while OCB is recommended to monitor with an expected price of VND12,600.
- Signal: Positive
- Impact on: IDC, BSR, OCB
- Comment: The buy recommendation for IDC and BSR stocks shows the positive outlook of these businesses. The fact that OCB is recommended to be monitored also reflects the potential for recovery in the future. This information can motivate investors.
Vietnam's financial market fluctuates slightly, VN-Index reverses to increase at the end of the session thanks to bottom-fishing demand
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UPCoM-Index
- Comment: The market fluctuated narrowly with low liquidity, showing investors' cautious sentiment. However, bottom-fishing demand at the end of the session helped the indices close in the green, which is a positive signal. Investors should continue to monitor market developments in the coming sessions.
Vietnam stocks rise slightly, ending 4 consecutive sessions of decline
- VN-Index increased by 1 point to 1,264 points, although the market was mixed with 214 stocks decreasing. Liquidity improved to VND12,800 billion, foreign investors net sold VND198 billion.
- Signal: Neutral
- Impact on: VN-Index, VN30, BID, HVN, VNM, VHM, HPG
- Comment: The market increased slightly but the performance was uneven among stock groups. Improved liquidity and strong foreign net selling could create pressure in the short term. Further monitoring is needed to confirm the trend.
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.
