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.
Strong profit-taking, weakening upward momentum, DGC suffers sell-off at floor price.
The buying pressure that had pushed prices higher showed signs of slowing down during the trading session, wiping out the morning's gains. Although the VN-Index closed above the reference level of 1,01%, compared to its highest point of 2,31%, it clearly represents a correction.
- Signal: Neutral
- Impact on: VIC, VHM, GAS, TCB, BID, CTG, FPT, HPG, MBB, DGC
- Analysis: Increased profit-taking pressure, especially on hot-rising stocks like DGC, indicates investor caution after a period of growth. Strong net buying by foreign investors is a positive sign, reflecting confidence in the market's potential and potentially supporting a short-term uptrend, but domestic capital flows need to be monitored. Investors should consider risk management by reducing their holdings in stocks that have risen sharply and may seek opportunities in sectors that haven't experienced rapid growth, possess strong fundamentals, and are suitable for value investing strategies in the medium and long term.
Stock prices surged dramatically.
Despite low trading volume, market sentiment remained very positive. Active buying pressure surged, continuously pushing prices up, particularly in the financial sector, including securities. The VN-Index closed the session up 1,921 TP3T, with the number of gainers exceeding losers by 2.8 times.
- Signal: Positive
- Impact on: FTSE, VIX, SSI, VCK, PSI, BMS, SHS, AGR, VPX, BVS
- Analysis: The surge in securities stocks is often an indicator of optimistic market sentiment and expectations of improved trading liquidity. This presents a good opportunity for risk-tolerant investors to capitalize on short-term gains; however, net selling by foreign investors may put some pressure on large-cap stocks in the sector. The appropriate strategy is to focus on stocks with clear earnings growth stories and tightly manage stop-loss orders to protect capital.
The FTSE Fubon Fund continues to face significant net outflows despite its outstanding performance.
Recently, foreign ETFs recorded net outflows of over 167 billion VND, concentrated mainly in the Fubon FTSE Vietnam ETF (-146.2 billion VND) and the VanEck Vietnam ETF (-44.4 billion VND).
- Signal: Neutral
- Impact on: FTSE, CGS, VIC, BSR, VFM, MAFM, HPG, VHM, PYN, VEIL
- Analysis: The net outflows from the Fubon FTSE and VanEck Vietnam ETFs, despite Fubon's positive performance, may put selling pressure on blue-chip stocks with a large weighting in these funds' portfolios. However, this could also be an opportunity for individual investors to accumulate good stocks at more attractive valuations in the short term. In the long term, the net outflows need to be closely monitored to reassess foreign capital flows and their overall impact on the market, especially for stocks related to the Vingroup conglomerate.
Towards new expectations
Although some profit-taking pressure towards the end of the trading session curbed the upward momentum of stock prices, the overall market remained quite positive. Sentiment remained stable in the face of external fluctuations, and the market fluctuated and consolidated, awaiting a new impetus.
- Signal: Neutral
- Impacts: DGC, DPM, DCM, BSR, FTSE
- Assessment: The market is currently in a consolidation phase with stable sentiment, indicating that investors are considering waiting for new supporting information. Slight profit-taking pressure at the end of the session is normal after rallies and does not alter the overall positive trend, reflecting healthy market movement. This is a suitable time for investors to review their portfolios, seek stocks with unique stories or those benefiting from policy changes, and prepare for potential "boosts." Risks may arise from unexpected macroeconomic fluctuations, therefore maintaining a reasonable cash ratio is necessary.
Will the credit outlook for many businesses be affected by the conflict in Iran?
An armed conflict between the US, Israel, and Iran negatively impacts the credit outlook for downstream oil and gas companies, fuel and energy-intensive industries, export sectors, and companies with high debt levels.
- Signal: Neutral
- Impact on: FDI, PGV, BGE, BWE, HVN, VJC
- Assessment: Geopolitical conflict in Iran poses significant risks to energy- and export-dependent businesses, as well as those with high financial leverage. Investors should reassess their portfolios, prioritizing businesses that are more resilient to rising input costs or have stable domestic markets. While this is a macroeconomic risk, it could also create investment opportunities in indirectly benefiting sectors or businesses with defensive business models, especially in the medium and long term once the market has fully reflected the negative factors.
The construction sector is projected to see a strong increase in profits in the first quarter of 2026.
Net profit in Q1 2026 is projected to see the strongest growth from CTD and CII, with increases of 1111 TP3T and 2331 TP3T respectively compared to the same period last year, while VCG and HHV could achieve increases of 211 TP3T and 131 TP3T respectively compared to the same period last year.
- Signal: Positive
- Impact on: CTD, CII, VCG, HHV, MBS, HCM, BOT, APEC
- Analysis: The forecast of strong profit growth in Q1 2026 for the construction sector, especially CTD and CII, is an extremely positive signal, reflecting the recovery of the construction and public investment industry. This is a golden opportunity for investors seeking stocks with strong fundamentals and clear profit growth potential. Investment strategies could focus on industry-leading stocks with improving profit margins, but close monitoring of public investment disbursement progress and raw material prices is necessary to assess risks.
Wealthy countries are releasing their reserves, so why are oil prices still rising?
The evolution of oil prices after the International Energy Agency (IEA) announced the release of a record 400 million barrels of oil from its reserves shows that this move was not enough to address the unprecedented supply disruptions caused by the military conflict between the US and Iran.
- Signal: Neutral
- Impacts: IEA, SPR, PVM, CNBC, UAE, UBS, LNG
- Assessment: The continued rise in oil prices despite inventory release measures indicates global energy supply instability due to geopolitical tensions. This will negatively impact energy-intensive transportation and manufacturing businesses and could put inflationary pressure on the economy. Investors should consider sectors that benefit from rising oil prices (such as upstream oil and gas) or businesses that can pass costs on to consumers. Simultaneously, the inflation risks affecting monetary policy and economic growth prospects need to be reassessed.
Container shipping rates are poised to rise due to fluctuations in the maritime transport market.
Geopolitical instability and rising fuel costs are impacting the global shipping market, leading to adjustments in container freight rates in Vietnam, with some domestic routes recording significant increases since March.
- Signal: Neutral
- Impacts: WCI, MSC, CMA, CGM, FAK, LLC, HCM
- Analysis: The upward trend in container shipping rates reflects pressure from fuel costs and geopolitical tensions, creating opportunities for shipping companies. However, it also poses risks for import and export businesses that rely on logistics. Investors may consider shipping stocks with strong financial capabilities and fleets to benefit from this trend, but also need to manage the risks from the unpredictable fluctuations in the geopolitical situation. In the long term, this could impact global supply chains and production costs.
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.
