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.
A series of sharp declines in real estate stocks dragged the VN-Index close to the 1800-point mark.
Both VIC and VHM hit their lower limit in the morning session, contributing significantly to the 24.77-point drop in the VN-Index. The impact of real estate stocks spread across the market. However, market breadth and the magnitude of the decline did not indicate a widespread sell-off.
- Signal: Neutral
- Impact on: VIC, VHM, VPL, VRE, DXS, PDR, SGR, DXG, KDH, KHG
- Assessment: Negative developments in the real estate sector reflect short-term correction pressure. However, net buying from foreign investors indicates significant support remains. In the short term, technical reactions at the 1800-point support level should be monitored. Investors should prioritize risk management and only make exploratory investments in stocks with strong accumulation bases.
Bottom-fishing activity fueled a late-session recovery in stock prices.
The VN-Index continued to face pressure from blue-chip stocks, at one point falling to 1793.13 points. Although the index recovered poorly, the flow of money tended to be selective, helping many stocks to rise more positively than expected.
- Signal: Neutral
- Impact on: VIC, VHM, VCB, BID, TCB, GVR, MSN, VIX, PLX, GEX
- Assessment: The clear divergence indicates that smart money is still present, flowing towards stocks with strong fundamentals. Active bottom-fishing in mid-cap and non-blue-chip stocks is a positive sign. In the medium term, the recovery trend depends on the sustainability of this demand. Investors should carefully select stocks based on stable accumulation and clear catalytic conditions.
The market in 2026 will face dual pressure from interest rate policies and exchange rate volatility.
Interest rates are currently a dominant factor in the market, with many banks raising deposit rates, putting pressure on liquidity. At the same time, exchange rates are trending volatile, causing investors to worry about macroeconomic risks and the impact on foreign capital flows.
- Signal: Neutral
- Impact on: ACB, ACBS, IVS
- Assessment: Negative fluctuations in interest rates and exchange rates will affect the cost of capital and stock valuations. In the short term, margin trading should be limited and cash holdings increased. In the long term, investors need to monitor the central bank's monetary policy. Choosing stocks with strong cash flow and good macroeconomic resilience is a preferred strategy.
The decrease in the amount of money waiting to buy securities has raised concerns about capital withdrawal from the market.
The decline in liquidity coupled with high margin debt raises concerns that funds are being withdrawn from the market rather than simply being used for portfolio restructuring. This could impact short-term stability.
- Signal: Negative
- Impact on: VPX, HSC, HCM, TCX, VCK, VIX, SSI
- Assessment: The declining liquidity rate signals a potential withdrawal of speculative capital. In the short term, selling pressure will continue unless there is a sufficiently strong catalyst. Portfolios should be adjusted to prioritize defensive stocks and reduce margin ratios. In the long term, repositioning the portfolio into sectors with sustainable profit prospects is a worthwhile consideration.
China's asset strategy involves increasing gold reserves and halting purchases of US Treasury bonds.
China's increased gold holdings and reduced proportion of US Treasury bonds indicate a trend toward diversifying its foreign exchange reserves. This is a response to geopolitical tensions and financial competition with the US.
- Signal: Neutral
- Impact on: ANZ, PBOC
- Analysis: Increased gold reserves could drive up the price of the precious metal and cause volatility in international capital flows. Asian financial markets may benefit from gold's position. In the short term, investors should consider gold ETFs as a hedge against risk. In the long term, changes in the structure of global foreign exchange reserves will significantly impact exchange rate trends and investment flows.
The market remains in a correction trend despite increased bargain-hunting demand.
Bottom-fishing activity was effective, boosting liquidity on 24% and allowing many stocks to recover from their lows. However, technical signals indicate that the short-term downtrend remains present and a clear reversal point has not yet been established.
- Signal: Neutral
- Impact on: VNI, VHM, VIC
- Analysis: The price recovery accompanied by volume indicates that demand has reacted to the low price levels. However, the support level continues to be tested, suggesting that the recovery strength is not yet convincing. Investors should maintain a short-term defensive strategy, only investing in strong support zones with confirmed volume.
The wave of corporate capital increases could absorb up to 100 trillion VND from the market.
The amount of capital that businesses are expected to raise through issuance and IPOs reaches 100 trillion VND this year. This could affect liquidity and disperse investment flows in the stock market.
- Signal: Neutral
- Impact on: BSC, SSI
- Assessment: The strong influx of capital poses a risk of short-term cash flow shortages in the market. Conversely, in the long term, it could enhance the financial capacity of businesses and boost growth. Investment portfolios should prioritize companies with transparent and efficient capital utilization plans. In the short term, a careful assessment of the market's ability to absorb the new shares is necessary.
Gold prices surged by over $170/oz and silver jumped 8%, creating a market effect.
International gold prices surged to nearly $5,200/oz amid rising safe-haven demand. Silver prices also recorded a significant increase of 8%, reflecting the shift in capital flows in the commodity market.
- Signal: Negative
- Impact on: SPDR, CME
- Analysis: The surge in gold and silver prices may cause capital to flow out of equities and into safe-haven assets. In the short term, the market needs to face net selling pressure. In the long term, individual investors may strongly diversify towards risk-free assets. Investors should allocate a portion of their portfolio to physical gold or gold ETFs to hedge against market risks.
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.
