On November 7, 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.
Gold and stock price scenarios diverge after US election
- Signal: Neutral
- Impact on: Bank stocks, real estate, securities, VN-Index
- Comment: Gold prices are expected to increase due to geopolitical risks, while stocks need 2-3 years to clearly reflect the new policies of the president-elect.
BSR traded actively on UPCoM in October
- Signal: Neutral
- Impact on: BSR, MSR, HNG, SII, IN4
- Comment: Trading activities were quite active on UPCoM in October, especially with BSR and MSR codes, which is a positive signal for the market.
Stock market: Cash flow dries up, liquidity at record low
- Signal: Negative
- Impact on: VN-Index, banking stocks, securities, real estate
- Comment: The Vietnamese stock market is facing difficulties with weak cash flow and record low liquidity. Coupled with concerns about the sharp increase in the USD/VND exchange rate, the VN-Index may continue to fall to the 1,200 point zone in the fourth quarter.
Exchange rate is cautious but not scary
- Signal: Neutral
- Impact on: Export and import industry stocks
- Comment: The increase in exchange rate puts pressure on the import group but supports the export group, with mixed effects among industry groups.
Pre-funding helps increase the possibility of market upgrade, creating risks for securities companies
- Signal: Neutral
- Impact on: VNM, VCB, VHM, VIC, HPG
- Comment: Circular 68 has a positive impact on the market but at the same time creates risks for securities companies.
Morgan Stanley: If Vietnam's stock market is upgraded, it could attract 2.8 billion USD
- Signal: Positive
- Impact on: VNM, VN30, HNX-Index
- Comment: The possibility of Vietnam's market being upgraded is a positive signal, which can attract large capital flows from foreign investors.
Circular 68 increases prospects of market upgrade, improves investor sentiment
- Signal: Positive
- Impact on: VN-Index, bank stocks, securities
- Comment: Expectations of market upgrade thanks to new regulations will attract more foreign capital, creating momentum for VN-Index and banking and securities stocks.
SHS, CEO, MBS lead HNX liquidity since the beginning of the year
- Signal: Neutral
- Impact on: SHS, CEO, MBS, HNX-Index
- Comment: Increased liquidity is a positive signal, but falling stock prices show that investor sentiment is still cautious.
Market trend is still unclear, selling pressure increases
- Signal: Neutral
- Impact on: VN-Index
- Comment: Market developments in the morning session have not shown clear signs of recovery. VN-Index continues to trade sideways and fluctuate with low liquidity.
Expected to upgrade in 2025, the market can attract 1.5-2 billion USD
- Signal: Positive
- Impact on: VN-Index, stocks in banking, information technology, retail, export, seaport sectors...
- Comment: The prospect of upgrading the stock market to emerging status in 2025 is expected to attract large resources from foreign investment funds, creating growth momentum for the VN-Index and many potential industry groups.
VN-Index recovers slightly, cash flow is weak in session 11/5.
- Signal: Neutral
- Impact on: VN-Index, VN30
- Comment: Low liquidity and cautious cash flow before the US election caused the VN-Index to increase only slightly. However, green still dominated thanks to many small and medium-sized stocks increasing well.
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.
