On February 13, 2025, the stock market bulletin recorded notable developments, providing investors with multi-dimensional information about trends and growth potential. Below is a summary of some of the highlights and analysis of the market situation in the form of a bulletin.
Vietnam's stock market is expected to flourish in the second half of 2025 thanks to economic growth and prospects for upgrading.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, bluechip stocks
- Comment: Positive economic news and the possibility of a market upgrade could boost capital flows into stocks in the second half of the year. However, risks from US policy and exchange rate fluctuations still need to be closely monitored in the short term.
Chinese giant fund continues to buy FPT shares despite capital withdrawal trend, the owner behind is billionaire Jack Ma
- Signal: Neutral
- Impact on: FPT, VCB, HDB, VPB, MBB, CTG, STB, SSI, HPG, MWG
- Comment: Although Tianhong Vietnam Fund has been withdrawn, the continued purchase of FPT shows confidence in the long-term prospects of Vietnam's leading technology stock. However, net selling pressure on many other stocks can create short-term fluctuations for the market.
VN-Index may surpass 1,300 points in the first half of the year, investors are buying in shaky sessions
- Signal: Positive
- Impact on: VN-Index, VCB, CTG, TCB, MBB
- Comment: The strong increase in liquidity shows that cash flow is returning to the market. Banking stocks lead the increase, benefiting from the high credit growth target. However, the market may correct after reaching the 1,300 point mark due to short-term profit-taking pressure.
Trump threatens to impose new tariffs on steel and aluminum, US steel industry stocks surge
- President Trump announced that he would impose an additional 25% tariff on imported steel and aluminum. Shares of US steelmakers such as Nucor, Steel Dynamics increased by more than 5%, Cleveland-Cliffs increased by 18%.
- Signal: Positive
- Impacted: Nucor, Steel Dynamics, Cleveland-Cliffs, US Steel
- Comment: Trump's move could boost the domestic US steel industry but also raise concerns about a trade war. Investors should monitor the reactions of trading partners and the impact on the global supply chain.
Banking sector leads, VN-Index recovers in morning session of February 11
- Banking stocks became the focus, helping VN-Index regain green after yesterday's decline. Steel stocks stabilized again, while blue chips remained quiet.
- Signal: Positive
- Impact on: VN-Index, VCB, BID, CTG, TCB, HPG, HSG, NKG
- Comment: The recovery of the banking group is a positive signal, showing that money is still flowing into the market. However, it is necessary to monitor the developments of other stock groups to assess the overall trend.
Vietnam's capital market is on the rise, the potential for upgrading to emerging market status opens up opportunities to attract 6 billion USD of foreign capital.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, banking and real estate stocks
- Comment: The prospect of upgrading and improving trading infrastructure could boost foreign capital inflows, increase liquidity and market valuations. However, the progress of reforms needs to be monitored to assess the specific impact in the short term.
Banking stocks attract foreign capital, HDB and VIB stand out with prospects of finding new partners
- Breaking News SeABank sells PTF to AEON Financial for VND4,300 billion. HDB and VIB attract great attention from foreign investors, share prices increase sharply with high liquidity. Many banks plan to find new foreign partners in 2025.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, HDB, VIB, SSB
- Comment: M&A deals and expectations of finding new foreign partners create momentum for bank stocks to increase in price. Large cash flows into this group can push the general market up, opening up attractive investment opportunities.
Open-end equity funds soar in 2024 but long-term performance is unstable
- Open-end equity funds achieved impressive growth of 20% in 2024, but the average 3-year performance was negative 0.8% due to a large loss in 2022. Money flowed into high-performance funds but withdrew sharply from ETFs.
- Signal: Neutral
- Impact on: VN-Index, VMEEF, VFMVSF, VESAF, SSI-SCA
- Comment: The strong performance of open-end equity funds in 2024 shows a positive signal, but large fluctuations over the years and net withdrawals from ETFs are points to note. Investors should be cautious and diversify their portfolios.
YEG and TDH stocks suddenly hit the ceiling on HoSE, VN-Index increased by more than 5 points thanks to the bluechip group leading
- Signal: Positive
- Impact on: YEG, TDH, VN-Index
- Comment: The price increase of YEG and TDH along with the leadership of the bluechip group shows that the market sentiment is quite positive. However, the decline in liquidity and continued net selling by foreign investors need to be monitored further.
Foreign investors continue to net sell 625 billion VND on Vietnam's stock market
- Foreign investors increased net selling on all three exchanges HOSE, HNX and UPCoM in the session of February 11, with a total net selling value of up to 625 billion VND, an increase of nearly 40% compared to the previous session.
- Signal: Negative
- Impact on: VN-Index, HNX-Index, UPCoM-Index, MWG, SSI, VNM, GMD, VHM
- Comment: The continuous net selling of foreign investors may put downward pressure on the general market and stocks that are being sold heavily. However, domestic demand is still supporting the market, helping the VN-Index maintain its upward momentum in the short term.
VN-Index may reach 1,315 points before strong fluctuations appear
- KBSV forecasts that VN-Index will continue to increase, reaching the resistance zone of 1,315 points before facing correction pressure. Many supporting factors such as positive Q4 business results, expectations of market upgrade, and stable exchange rates.
- Signal: Positive
- Impact on: VN-Index, VNM, BID, VCB, VHM
- Comment: Positive forecasts for the VN-Index could boost cash flow into the market, especially bluechips and leading stocks. However, investors should be cautious as the index approaches the strong resistance zone of 1,315 points.
VN-Index is expected to continue accumulating in February, fluctuating from 1,230-1,300 points.
- SHS forecasts that VN-Index will maintain a medium-term accumulation process in February 2025, with a fluctuation range from 1,230-1,240 points to 1,280-1,300 points. The forward P/E valuation of 11.9 times is considered quite attractive compared to the current growth prospects.
- Signal: Neutral
- Impact on: VN-Index, bluechip stocks
- Comment: The market is in the accumulation phase, with no clear breakthrough. Investors should carefully monitor international trade developments and the impact of US policies on the Vietnamese economy.
VN-Index recovers, FPT and HPG lead the increase after the correction session
- The Vietnamese stock market regained green in the session on February 11, with many large stocks such as FPT and HPG recovering strongly after the previous sell-off. The VN-Index closed up, erasing concerns about a short-term downtrend.
- Signal: Positive
- Impact on: VN-Index, FPT, HPG
- Comment: The recovery of large-cap stocks helps strengthen investor confidence. However, it is necessary to monitor the coming sessions to confirm the market's sustainable upward trend.
The stock market news brief aims to provide investors with an overview, while emphasizing the importance of careful analysis before making investment decisions. Following the stock market news brief from HVA The provision will help investors seize opportunities from short-term fluctuations and adjust their portfolios in line with market trends.
