On January 20, 2025, 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.
Goldman Sachs CEO: IPO market is about to pick up, ending the drought
- David Solomon, CEO of Goldman Sachs, expects the IPO market to be vibrant again after a long period of stagnation. He said the business environment is improving, creating momentum for upcoming M&A and IPO deals.
- Signal: Positive
- Impact: S&P 500, Nasdaq, tech stocks
- Comment: The Goldman Sachs CEO's comments could boost investor sentiment, especially in the technology sector. This could lead to increased IPO and M&A activity, creating growth momentum for the US stock market.
Securities Company Profits in Q4/2024: MBS Slightly Decreased, UP Spiked 1.120%, CVS Continued Loss
- Signal: Neutral
- Impact on: MBS, UPCoM, DAS, CVS
- Comment: The different business results among securities companies reflect the uneven market situation. Although some companies have recorded positive growth, others are still facing difficulties. This shows that the securities industry's prospects will face many challenges in the coming time.
BIG Invest Group leader sells shares despite price sliding below book value
- Although BIG shares have continuously decreased since listing in early 2022 and are trading below book value, the company's management has still sold them all, causing concern for investors.
- Signal: Negative
- Impact on: BIG, VN-Index
- Comment: Management selling shares at low prices could undermine investor confidence in the company’s prospects. This could put downward pressure on BIG’s price and negatively impact overall market sentiment.
Kafi Securities Breaks Out: Profit Increases 60%, Launches Breakthrough Margin-Zero Product
- Kafi Securities recorded impressive business results in 2024 with pre-tax profit reaching VND 257 billion, an increase of 60%. Brokerage revenue increased by 257%, margin debt increased by 389%. The Margin-Zero product with interest rate of 0% attracted more than 1,000 customers after 6 months of launch.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, KAFI
- Comment: Kafi's positive business results reflect the general growth trend of the securities industry. Margin-Zero products can promote market liquidity, creating growth momentum for indices.
Wall Street slows after rally, awaiting Fed rate cut signal
- The Dow Jones, S&P 500 and Nasdaq all fell slightly on Jan. 16 after two strong sessions as investors reassessed the prospects of a Fed rate cut this year.
- Signal: Neutral
- Impact on: Dow Jones, S&P 500, Nasdaq indices
- Comment: The market is temporarily adjusting after the increase, waiting for more signals from the Fed on monetary policy. Positive business results of large banks and technology companies can support investor sentiment in the short term.
Crystal Bay extends bonds, pledges more shares at VNDirect
- Crystal Bay extended the VND450 billion bond lot until May 2025, and pledged an additional 51% of shares in Cam Ranh Riviera to VNDirect. The company committed to controlling debt and providing transparency in financial information of its subsidiaries.
- Signal: Neutral
- Impact on: VND
- Comment: The bond extension and additional collateral shows that Crystal Bay is facing cash flow difficulties. However, a commitment to transparency and debt control can help the business maintain the trust of investors and partners.
VN-Index fluctuated around the reference level, the market was divided in the morning session of January 17. Low liquidity, foreign investors continued to sell strongly, showing investors' cautious sentiment.
- Signal: Neutral
- Impact on: VN-Index, VND, BSR
- Comment: The market lacks clear growth momentum. Divergence and low liquidity show that investors are cautious before the Tet holiday. It is necessary to monitor the developments of foreign investors and leading stocks.
Binh Son Refining and Petrochemical (BSR) expects pre-tax profit of VND369 billion in 2024, much lower than the 2023 result due to oil price fluctuations and declining demand.
- Signal: Negative
- Impact on: BSR, GAS, PLX
- Comment: BSR's sharp decline in profit plan reflects the less positive outlook of the oil and gas industry in 2024. This could put pressure on BSR shares and related businesses in the industry such as GAS and PLX.
VPS earns record profit of VND 1,052 billion in Q4/2024, leading the securities industry in profit
- Signal: Positive
- Impact on: VPS, MBS, DAS, CVS
- Comment: The positive business results of VPS and some large securities companies show the recovery of the stock market. This can boost investor confidence, increase liquidity and stock prices in the securities industry in the coming time.
VN-Index surpasses 1,250 points, green color floods the stock market
- The VN-Index increased by 6.75 points (+0.54%) to 1,249.11 points, approaching the 1,250-point mark. Green spread widely with 272 stocks increasing and 123 stocks decreasing on the HOSE floor. Banking, securities and steel groups led the market.
- Signal: Positive
- Impact on: VN-Index, HNX-Index, UPCoM-Index, VN30, HDB, TCB, FPT
- Comment: The increase of VN-Index confirms the short-term positive trend. The decrease in liquidity shows that investors are cautious. Banking and securities groups continue to be the main driving forces. It is necessary to monitor the developments in the coming sessions 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.
