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.
Massive sell-off of stocks causes VN-Index to fall sharply, its biggest drop in 7 sessions.
Selling pressure surged in the afternoon session, pushing HoSE liquidity higher than the morning session by 72%, but the overall price level remained significantly lower. Although some large-cap stocks tried to support the index, the VN-Index still experienced a sharp decline, reflecting widespread pessimism.
- Signal: Neutral
- Impact on: VIC, VHM, CTG, TCB, VPB, MBB, HPG, FPT, VCB, BID
- Assessment: Selling pressure has led the market into a short-term correction phase; investors should wait for signs of stabilization before making new investments. However, net buying by foreign investors is a positive sign, indicating that confidence in the market in the medium term remains. The appropriate strategy is to hold fundamentally sound stocks and avoid trading based on emotions during periods of high volatility.
Domestic institutional investors net bought nearly 2.5 trillion VND last week.
Domestic institutional investors made net purchases of VND 2,423.7 billion, mainly through order matching, focusing on large-cap stocks on the HOSE, especially in the banking and consumer sectors. This provided important support for the market amidst fluctuating overall sentiment.
- Signal: Positive
- Impact on: HOSE, HPG, VNM, VCB, VPB, MSN, SSI, HCM, VIX, VIC
- Analysis: The increase in institutional capital flows indicates confidence in the market recovery prospects, presenting an opportunity for long-term investors to select promising stocks. In the short term, this behavior may support price levels and limit further declines. Investors should consider gradually investing in stocks actively accumulated by institutions, coupled with strict risk management, to proactively prepare for a potential reversal.
The red color continues to spread, oil and gas stocks buck the trend.
The market continued to experience a correction, with the number of declining stocks significantly outnumbering the number of rising stocks. However, the oil and gas sector, especially GAS, maintained its upward momentum due to expectations of benefiting from rising energy prices. The remaining blue-chip stocks took turns supporting the index but struggled to sustain their gains.
- Signal: Neutral
- Impact on: VIC, VHM, VCB, BID, GAS, VJC, FPT, MWG, HDB, DGC
- Assessment: Divergence is the dominant trend in the complex global macroeconomic environment, and oil and gas stocks may be a short-term safe haven for capital. In the long term, investors should focus on stocks with strong fundamentals. This period is suitable for sector- or group-based investment strategies that benefit from external factors such as oil prices, while caution is advised regarding weak speculative stocks.
Decreased liquidity is a signal to be cautious about the market.
The decline in market liquidity indicates that cautious sentiment prevails. Meanwhile, securities firms like MBS maintain their expectation of a market recovery, but if capital does not return, the risk of further corrections may persist.
- Signal: Neutral
- Impact on: MBS, VIC, STB, GAS, GVR, VCB, GEE, BCM, MSCI, KBSV
- Analysis: The decline in liquidity reflects a wait-and-see attitude among investors, indicating a lack of clear momentum in the short term. Without sufficiently strong supporting factors, the risk of a prolonged consolidation correction is present. Investors should adhere to defensive trading principles, only investing when there are clear technical signals and choosing stocks with good liquidity.
72.2 trillion VND of corporate bonds are expected to be delinquent in 2025, mainly in the real estate sector.
The bond market continues to show pressure, with the value of delinquent bonds projected to reach VND 72.2 trillion in 2025, of which the real estate sector accounts for nearly VND 681 trillion. This is a significant systemic risk related to investor confidence in the financial market as a whole.
- Signal: Neutral
- Impact on: MBS, Limited Liability Company, Joint Stock Commercial Bank, TCB, VPB, OCB
- Assessment: The significant maturity pressure in the real estate sector could have a ripple effect on financial sectors, especially banking. In the short term, investors should limit excessive holdings of real estate stocks with weak financial situations. In the long term, opportunities will open up for companies with good and transparent bond management. The current strategy is to monitor new issuance information and debt restructuring to determine the level of safety.
Behind the sharp drop in the USD and the rebound in the yen
The Japanese yen has strengthened significantly amid speculation that the Japanese government may intervene in the market to protect the exchange rate. The weakening US dollar is affecting global capital flows and investment sentiment, indirectly impacting Vietnam's financial markets.
- Signal: Neutral
- Impacts: CAN, THI, BOJ, ATFX, TIN, BNZ
- Assessment: Fluctuations in the USD/JPY exchange rate may pose short-term risks to export-import businesses and those borrowing in foreign currencies. However, this also presents an opportunity to restructure debt and take advantage of monetary policy. Investors should closely monitor the impact of the exchange rate on export businesses and consider investing in stocks that benefit from a weaker USD in the medium term.
Gold prices surpass $5,000/oz as investors await geopolitical and Fed news.
Global gold prices surged, breaking the $5,000/oz mark amid geopolitical tensions and anticipation of policy from the US Federal Reserve (Fed). The demand for safe-haven assets fueled the flow of money into the precious metal.
- Signal: Neutral
- Impact on: FOMO
- Analysis: The continuous record highs for gold reflect increased global risk aversion, directly impacting inflation and interest rate expectations. Investors should exercise caution with risky assets and shift to defensive strategies such as stocks with stable cash flow and high dividends. In the long term, the gold, silver, and precious metals sectors and related companies may directly benefit.
Risks from the escalating silver price surge.
Silver prices surpassed the $100/oz mark for the first time and continued to rise sharply, marking a surge in capital inflow into the precious metal. However, the rapid rise in silver prices also indicates strong speculation, posing a potential risk of a major correction if there are sudden changes in monetary policy.
- Signal: Neutral
- Impact on: BNP
- Analysis: The sharp rise in silver prices reflects increased speculative capital flows but carries the risk of a bubble if the market reverses. Investors should follow the "buy on confirmation" principle and avoid chasing prices that have already risen too sharply. A safer option is to invest indirectly through sectors that benefit from the sustained upward trend in precious metal prices.
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.
