On December 6, 2024, the stock market news bulletin recorded notable 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.
BVH breaks out, pharmaceutical stocks quietly increase in a low-volatility trading session
- Signal: Neutral
- Impact on: BVH, IMP, DBD, DHG, DMC
- Comment: The market fluctuates within a narrow range, liquidity improves. BVH and the pharmaceutical group increased sharply, showing that cash flow is shifting to stocks with good fundamentals. However, the VN-Index decreased slightly, reflecting investors' cautious sentiment.
Government bond market flourishes: Mobilized 20,760 billion VND in November, reaching 80.75% of the yearly plan
- Signal: Positive
- Impact on: HNX, VCB, BID, CTG
- Comment: The successful mobilization of government bonds shows investors' confidence in the economy. This can boost market liquidity, reduce interest rate pressure and actively support large listed banks.
VN-Index slightly decreased, margin for large customers is still active. The market expects to 'cut losses' in securities without having to pay tax. 'Land stocks' gradually escape the difficult bottom.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index, UpCoM-Index, real estate stocks
- Comment: The market has slightly adjusted but there are still bright spots from the real estate group and expectations about tax policies. However, high margins can pose risks. Investors should be cautious and choose stocks with good fundamentals.
Government bond market flourishes: Mobilized 20,760 billion VND in November, reaching 80.75% of the yearly plan
- Signal: Positive
- Impact on: HNX, VCB, BID, CTG
- Comment: The successful mobilization of government bonds shows investors' confidence in the economy. This can boost market liquidity, reduce interest rate pressure and actively support large listed banks.
KBSV recommends buying BID shares with a target price of VND53,900, up 15.3% from the current price. VCI maintains its recommendation to buy SAB, increasing its target price to VND73,000/share.
- Signal: Positive
- Impact on: BID, SAB
- Comment: Buy recommendations from reputable securities companies show positive prospects for BID and SAB. This could create momentum for banking and beverage stocks, attracting investment cash flow into the market.
VN-Index is still accumulating well, demand is ready to join bottom fishing in a narrow range of 1,240-1,250 points.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index
- Comment: The market is in the accumulation phase with a narrow range. Demand is still present and ready to catch the bottom, however, it is necessary to monitor the ability of VN-Index to overcome the resistance of 1,260 points to confirm the continued uptrend.
Speculative bonds face risks if Trump is re-elected US President
- Trump’s economic policies could destabilize emerging-market bonds. Tariff hikes, spending sprees and deportations of immigrants could weaken developing-country currencies, raising the risk of a financial crisis.
- Signal: Negative
- Impact on: Bloomberg speculative bond index, USD/VND exchange rate
- Comment: The outlook for short-term speculative bonds remains positive, supported by hopes for reforms in some countries. However, Trump’s policies, if implemented, could cause long-term instability for the market, especially in emerging economies.
VN-Index aims for 1,260 points this week, foreign investors net buy for 6 consecutive sessions
- Signal: Positive
- Impact on: VN-Index, VN30, large-cap stocks
- Comment: The market's upward momentum is expected to expand thanks to net foreign buying and improved cash flow. Large-cap stocks, especially the VN30 basket in the fields of information technology, consumer goods, retail, and banking, may continue to lead the market.
BVH shares skyrocketed to 17% after the dividend payment deadline, expectations of State capital divestment are heating up. Bao Viet plans to reduce the State ownership ratio to 51% from 2026.
- Signal: Positive
- Impact on: BVH, VN-Index
- Comment: Information about the plan to divest state capital at Bao Viet may create a positive effect for BVH shares and spread to other insurance companies. This may boost the VN-Index in the short term.
US stocks fluctuate slightly, investors cautiously wait for jobs report and speech from Fed
The Dow Jones Industrial Average edged down 0.17%, while the S&P 500 and Nasdaq edged up slightly. Investors are awaiting November jobs data later in the week and comments from Fed officials on the outlook for interest rates.
- Signal: Neutral
- Impact on: VN-Index, HNX-Index
- Comment: The market may trade cautiously in the short term, waiting for more information from the Fed and US employment data. However, the prospect of interest rate cuts may support investor sentiment in the medium and long term.
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.
