On December 26, 2024, the stock market news bulletin recorded remarkable 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.
Many large enterprises reported record profits in 2024, far exceeding the set plan.
- Big companies such as PVTrans, PV Drilling, Sacombank, and Vietnam Airlines recorded strong profit growth, reaching the highest level in many years and far exceeding the initial planned target.
- Signal: Positive
- Impact on: VN-Index, PVT, PVD, STB, HVN
- Comment: Positive business results of many leading enterprises can create positive sentiment for investors, promoting cash flow into the stock market. This is a good signal for the growth prospects of the Vietnamese economy in 2025.
Vietnam's stock market valuation is not attractive enough to attract cash flow, VN-Index may continue to fluctuate in the first quarter of 2024
- Signal: Neutral
- Impact on: VN-Index, stocks in public investment, real estate, retail
- Comment: Although the market P/E is low, it is not attractive enough to attract new cash flow. Pressure from exchange rates and US tax policies may affect export prospects. Investors should be cautious and focus on stocks that benefit from domestic demand.
TCBS mobilizes VND1,400 billion from 25 senior individuals at a price lower than book value
- Signal: Positive
- Impact on: TCB, banking stocks
- Comment: The successful capital raising from high-level individuals shows confidence in TCBS's prospects. The issue price is lower than the book value, which could create momentum for TCB's stock price increase in the short term. This could have a positive impact on investor sentiment towards banking stocks in general.
US stocks rise ahead of holiday, Europe little changed. Big tech stocks lead gains, while trading volume is light due to Christmas.
- Signal: Neutral
- Impact on: S&P 500, Nasdaq, STOXX 600
- Comments: Markets trend positive but liquidity low ahead of the holidays. Investors cautious after Fed rate cut forecast. Big tech stocks remain attractive, but need to watch developments in the coming sessions.
Asian stocks to surge in 2024 thanks to tech, Taiex leads with gain of nearly 29%
- Taiwan's Taiex Index is up 28,85% in 2024, leading the Asian region thanks to the boom in AI and technology stocks. Hong Kong's Hang Seng is second with a gain of 16,63%. Monetary easing by central banks in the region also supported the rally.
- Signal: Positive
- Impact on: Taiex, Hang Seng, TSMC, Foxconn
- Outlook: Positive outlook for Asian tech stocks in 2025, especially semiconductors. However, the impact of US policy and China’s economic situation needs to be monitored. Export-dependent economies may face challenges.
The 85,000 billion VND "steel punch" project of Hoa Phat (HPG) is about to have its barriers removed, opening up positive prospects for the Vietnamese steel industry.
- Signal: Positive
- Impact on: HPG, NKG, HSG, VGS
- Comment: Removing barriers for Hoa Phat's large project could boost the growth of the steel industry, improving the prospects of HPG shares and other companies in the same industry. This could create positive momentum for the stock market in the short term.
Attractive banking stocks with credit growth prospects of 15% in 2025
- Many banks have had their credit room expanded, creating conditions for expanding lending. The P/E valuation of the banking industry is at 9.5 times, lower than the historical average, suitable for long-term investment.
- Signal: Positive
- Impact on: VNIndex, HNXIndex, VN30, VNFIN LEAD, ACB, BID, CTG, HDB, MBB, STB, TCB, VCB
- Comment: The 15% credit growth outlook in 2025 will support bank profits. Attractive valuations and sustainable growth potential create good investment opportunities for bank stocks in the long term.
Dat Xanh shares hit the floor when issuing more to pay off debt, liquidity at record high
- DXG of Dat Xanh Group decreased to the limit, no buyers with a floor price sell surplus of nearly 15 million shares. Liquidity reached nearly 844 billion VND, the highest in the market. The development appeared after the information about issuing an additional 150 million shares at 12,000 VND/share to pay off debt.
- Signal: Negative
- Impact on: DXG, DXS, VN-Index
- Comment: Issuing additional shares at a price lower than the market price of 30% puts strong selling pressure on DXG. This could negatively impact investor sentiment and affect other real estate stocks as well as the VN-Index in the short term.
VPBankS leads the market in margin lending capacity with equity of over VND 17,100 billion, providing a portfolio of 259 stocks and preferential interest rates of only VND 8.613T/year for new customers.
- Signal: Positive
- Impact on: VPB, margin-granted securities
- Comment: VPBankS' expansion of margin portfolio and reduction of lending interest rates may boost market liquidity, supporting the uptrend of VN-Index. However, it is necessary to monitor bad debt risks from loosening margin lending.
DXG recorded a record trading session with more than 53 million shares matched, but the price dropped to the floor of 6.8%. YEG continued to hit the ceiling for the 6th consecutive session.
- Signal: Neutral
- Impact on: DXG, YEG, VN-Index
- Comment: The market is strongly differentiated among stocks. Although there is a decline in some large stocks, there are still many stocks that have positive growth. The strong increase in liquidity shows that cash flow is still active in the market.
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.
