On February 18, 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 undergoing a strong cleansing, preparing for an upgrade in 2025.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, MSN, MCH, GDA, BWE
- Comment: Purifying the market and anticipating the upgrade can attract strong foreign capital flows, creating growth momentum for the Vietnamese stock market in the coming time. Large, quality enterprises will benefit.
Cash dividend up to 54%, many businesses pay huge dividends in the week of February 17-21
- Signal: Positive
- Impact on: PMC, HGM, EPH
- Comment: High dividends show the good financial situation of enterprises, which can attract investment cash flow into stocks. However, it is necessary to monitor the impact on cash flow and long-term capital use plans of these companies.
The chance of surpassing the 1,300 point mark is increasing, investors should adjust to gradually increase the proportion of stocks during the week of February 17-21.
- Signal: Positive
- Impact on: VN-Index, bluechip stocks
- Comment: The market is showing positive momentum, possibly surpassing the psychological threshold of 1,300 points. However, investors should be cautious and take advantage of corrections to buy, avoiding chasing at high prices.
Banking and retail stocks are recommended to buy, positive growth prospects
- Securities companies have issued buy recommendations for HDB, MWG, KBC and TV1 stocks with expectations of profit growth and attractive target prices in 2025.
- Signal: Positive
- Impact on: HDB, MWG, KBC, TV1
- Comment: Buy recommendations from major securities companies show positive prospects for banking, retail and industrial real estate stocks. This could attract investment cash flow into these sectors, supporting the overall market's uptrend.
VN-Index may continue to increase, investors should increase the proportion of profitable stocks
- Signal: Positive
- Impact on: VN-Index, real estate stocks, oil and gas
- Comment: The market is in a positive uptrend. Investors can take advantage of the corrections to increase their weight in stocks with good fundamentals, especially in the real estate and oil and gas groups. VN-Index is likely to reach the 1,300 point mark in the near future.
New US tariffs put pressure on Vietnamese export businesses, investors need to be cautious with textile, seafood, and electronics stocks
- Signal: Negative
- Impact on: VN-Index, VHM, MSN, VNM
- Comment: The new tariff policy may negatively affect the profits and growth prospects of large exporting enterprises. Investors should closely monitor developments and consider restructuring their portfolios, prioritizing stocks that are less dependent on the US market.
Dragon Capital forecasts corporate profits to increase by 15-171TP3M in 2025, with finance and services leading the recovery
- Signal: Positive
- Impact on: VN-Index, banking, real estate, and service stocks
- Comment: Positive profit growth prospects are the driving force behind the market. However, investors need to closely monitor domestic and foreign macroeconomic developments to more accurately assess the market's ability to recover sustainably.
Fed releases meeting minutes, UK inflation rises, Russia-Ukraine peace talks progress
- This week, investors will pay attention to the Fed meeting minutes, UK inflation data, central bank policy meetings and progress in Russia-Ukraine negotiations. The yuan remains stable.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, VNFIN LEAD, VNREAL
- Comment: Mixed news may create short-term volatility. Fed minutes and rising UK inflation may put pressure on the market, while progress in Russia-Ukraine talks and a stable yuan are supportive factors.
Cash flow changes direction, niche stocks break out while blue-chips weaken
- VN-Index moved sideways but many fluctuations occurred in individual stocks. Niche groups such as minerals and fertilizers attracted strong cash flows, while blue-chips such as MWG and NLG declined. Liquidity increased by 10% but the sideways score signaled risks.
- Signal: Neutral
- Impact on: VN-Index, MSR, KSV, CTD, MWG, NLG
- Comment: The rotation of cash flow from blue-chips to small-cap stocks shows strong speculative sentiment. However, the weakening of large-cap stocks is a potential danger, which could lead to a short-term correction. Investors should be cautious and limit new purchases at current prices.
USD/VND exchange rate increased by 1.2% since the beginning of the year, putting pressure on Vietnam's stock market
- Signal: Negative
- Impact on: VN-Index, VNM, MSN, VIC, VHM
- Comment: The increase in exchange rate may lead to foreign net selling, creating downward pressure on the VN-Index. Importing enterprises and enterprises with USD debt will be negatively affected, while exporting enterprises may benefit. Investors should be cautious and have appropriate risk prevention strategies.
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.
