The stock market bulletin records 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.
With heightened enthusiasm, the VN-Index surged past 1700 points.
The strength of VinGroup's stocks, coupled with abundant capital inflows from the ATC restructuring, helped the VN-Index break through and reach a short-term peak above 1700 points. Buying momentum spread evenly across blue-chip stocks and small speculative stocks, reflecting widespread positive sentiment in the market.
- Signal: Neutral
- Impact on: ATC, VIC, VHM, VPL, VRE, VCB, TCB, HPG, GAS, SSI
- Analysis: The VN-Index surpassing 1700 points is a positive indicator of short-term capital flow, but it also has strong technical implications. Investors should be aware of the possibility of a correction in the coming sessions as profit-taking pressure increases. Strong net buying by foreign investors presents an opportunity for medium-term investors to hold fundamentally sound stocks. A suitable strategy is to take advantage of the correction to increase positions in market-leading stocks.
Dragon Capital warns of the risks of not participating in the market.
Dragon Capital argues that attempting to buy at the bottom and sell at the top often leads to ineffective results. This perspective emphasizes the importance of staying present in the market to avoid missing out on rapid and strong recovery phases.
- Signal: Neutral
- Impact on: FDI, VPS
- Commentary: This is an important reminder for short-term and day traders. Missing rallies can significantly impact overall portfolio returns. Investors should plan a sound capital allocation strategy instead of trying to predict every up and down movement. The advice is to maintain a moderate proportion of stocks in the portfolio, avoiding the fear of missing out (FOMO), but also not staying out of the market for too long.
SGI Capital fund maintains a high cash position due to valuation concerns.
SGI Capital continues to maintain a high cash ratio, as it assesses that market valuations are not yet attractive enough to increase its stock holdings. This is a cautious move given that many stocks have risen too far beyond their intrinsic value.
- Signal: Neutral
- Impact on: SGI, MWG, TLG, SIP, FMC, PNJ, PLX, SAB, FDI
- Analysis: The fact that large investment funds are maintaining a high cash ratio indicates that caution still persists among institutional investors. Individual investors need to carefully consider valuation indicators such as P/E and P/B ratios before investing. In the short term, the market may continue to rise, but the risk of a correction is significant if valuations exceed reasonable levels. The strategy should be to choose stocks with low valuations or those that have not risen significantly to limit the risk of a correction.
Positive profit picture for banks under interest rate pressure.
MBS Securities is optimistic about the banking sector, upgrading its recommendation to "positive" based on expectations of profit growth above 20%, along with valuations that remain at reasonable levels. This indicates the potential for recovery of this sector, which has a large weighting in the index.
- Signal: Positive
- Impact on: MBS, SME, PMI, CASA, TCB, MBB, NIM, CTG, ACB, BID
- Assessment: Strong profit growth in the banking sector is a key catalyst for the market. In the short term, this group could lead the index to continue its upward trend. In the long term, risks remain from bad debt and interest rate volatility. The investment strategy should be to accumulate bank stocks with solid financial foundations, high CASA ratios, and valuations below the industry average. Monitoring domestic and international interest rate fluctuations is necessary for effective portfolio management.
Wall Street rebounds after a series of losses, inflation data boosts sentiment.
The US stock market saw a strong rebound as weaker-than-expected CPI data increased the likelihood that the Federal Reserve (Fed) will ease monetary policy in 2026. WTI oil prices rose only slightly as investors remained cautious about macroeconomic factors.
- Signal: Neutral
- Impact on: CNBC, WTI, ING, BOK
- Assessment: The recovery in the US market could have a positive ripple effect on the domestic market in the short term. However, inflation and monetary policy remain volatile and unpredictable. Investors need to closely monitor the Fed's policy developments to adjust their portfolios accordingly. The current period is suitable for a wait-and-see strategy, selecting stocks that benefit from the global monetary easing trend.
Gold prices weakened as US CPI data came in weaker than expected.
The weak CPI report reinforced expectations that inflation is cooling in the US. This diminished gold's role as an inflation hedge, leading to a sell-off by ETFs like SPDR. Gold plummeted as investors shifted towards riskier assets.
- Signal: Positive
- Impact on: SPDR, PCE
- Analysis: The decline in gold prices may help attract more capital into the stock market, especially during a period of improving sentiment. However, in the long term, if inflation returns, the role of gold will be restored. The recommended strategy is to adjust the proportion of gold in the portfolio to a reasonable level, prioritizing stocks in sectors with strong growth prospects. This is a suitable time to restructure the portfolio towards increasing the proportion of high-yield, high-risk assets.
ECB keeps interest rates unchanged, while BOE begins to lower rates to 0.25%
The European Central Bank (ECB) maintained its tightening policy, while the Bank of England (BOE) began a cycle of interest rate cuts with a slight reduction of 0.25 percentage points. This development signals a divergence in monetary policy orientation among major economies.
- Signal: Negative
- Impact on: ECB, BOE, ING
- Assessment: The divergence in monetary policy between the ECB and the BOE could increase volatility in global financial markets. In the short term, the impact on the Vietnamese market is limited, but in the long term, it could affect foreign capital flows. Domestic investors should closely monitor signals from major central banks to develop appropriate hedging strategies. Prioritizing defensive stocks and staying updated on global policies will help control risk more effectively.
Money is gradually being persuaded to return to the market.
The market had a positive trading week, boosted by blue-chip stocks that helped the VN-Index break through several key resistance levels. Recent high-volume rallies indicate that investor confidence is gradually recovering, especially from domestic individual investors and institutions.
- Signal: Neutral
- Impact on: VNI, ATC
- Analysis: Increased liquidity is a clear sign of returning capital flows. In the short term, this is a positive signal that will fuel a new upward trend. However, caution is needed regarding the possibility of an overbought market. Investors can take advantage of sideways market movements or minor corrections to accumulate good fundamental stocks. Risk management by avoiding excessive allocation will help optimize profits and control portfolio misalignment.
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.
