On December 28, 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.
Large investment funds increase cash ratio, preparing for new scenario in 2025
- Many large-scale investment funds have increased the proportion of cash in their portfolios, reflecting a cautious attitude towards market developments and preparing for investment scenarios in 2025.
- Signal: Neutral
Impact on: VN-Index, VN30, VFMVSF, VCBF-MGF, MAFEQI, VNDAF, DFVN-CAF, TBLF - Comment: The move to increase the proportion of cash shows the cautious attitude of large funds. However, this can also help the fund flexibly seize new investment opportunities in 2025, especially when there is positive information about market upgrade.
YEG suffered strong profit taking, the market fluctuated again in the morning session of December 26
- Signal: Negative
- Impact on: YEG, VN-Index
- Comment: The strong selling of YEG may negatively impact investor sentiment, especially for speculative stocks. VN-Index may face short-term correction pressure due to lack of upward momentum from blue chips and low liquidity.
PVI plans to divest state capital and transfer to HoSE before the end of 2025
- PVI shares increased sharply by 28% in 1 month, reaching a new peak of 61,500 VND/share. PVN will divest all 35% of capital at PVI by December 31, 2025 at the latest. PVI also plans to complete listing procedures on HoSE before this time.
- Signal: Positive
- Impact on: PVI, VNI, HNX
- Comment: State divestment and floor transfer may create momentum for PVI shares to increase in price. This may also attract cash flow into the insurance industry, positively affecting the general indexes.
VNPAY and Cake Digital Bank cooperate strategically, expanding digital financial services on VNPAY wallet
- On December 24, 2024, VNPAY and Cake by VPBank Digital Bank signed a strategic cooperation agreement, integrating Cake's digital financial services into the VNPAY wallet application, expanding utilities for users.
- Signal: Positive
- Impact on: VPB, banking and fintech stocks
- Comment: This cooperation can promote the development of fintech and digital banking in Vietnam. Expanding digital financial services on popular platforms like VNPAY has the potential to increase customers and revenue for both parties.
YEG is red after 7 sessions of ceiling price increase, TDH is still purple despite the Chairman's divestment
- Yeah1 (YEG) shares hit the floor after 7 consecutive ceiling sessions, while Thuduc House's TDH still hit the ceiling for the 6th session even though the Chairman of the Board of Directors just sold almost all of his shares.
- Signal: Neutral
- Impact on: YEG, TDH
- Comment: The opposite movements of YEG and TDH show that the market is strongly diverging. Investors should be cautious with stocks that are continuously increasing rapidly, especially when there is unusual information about major shareholders withdrawing capital.
SSI and TCBS are competing fiercely in the race to lead the Vietnamese securities industry in 2024. The two companies are focusing on improving service quality and expanding market share.
- Signal: Positive
- Impact on: SSI, TCB, VNIndex
- Comment: The competition between the two leading companies could boost the development of the securities industry, attract more investors and increase market liquidity. This could create positive momentum for the VNIndex in 2024.
LPB is expected to be included in the VN30 basket, POW is at risk of being eliminated in the first quarter review of 2025
- DSC Securities Company forecasts that LPB will be added and POW will be removed from the VN30 basket in the first quarter review of 2025. The reserve portfolio includes HVN, DGC, EIB, PNJ and KDH. Domestic ETFs with total assets of more than VND 13,108 billion are expected to adjust their portfolios accordingly.
- Signal: Neutral
- Impact on: LPB, POW, VN30
- Comment: Changing the VN30 portfolio may create short-term fluctuations for related stocks, but will not significantly affect the general trend of the market. Investors need to monitor the developments of LPB and POW in the coming time.
YEG ends its ceiling price streak, market struggles with low liquidity
- Signal: Neutral
- Impact on: YEG, VN-Index, HNX-Index
- Comment: The market is in the accumulation phase with reduced liquidity. The adjustment of YEG and some speculative stocks may create short-term pressure, but blue chips remain stable. Investors should be cautious and wait for clearer signals.
VPS aims for 2.3 times more profit in 2025, mobilizing 12,000 billion VND through bonds
- VPS Securities Company sets a profit target of 230% higher than the previous year in 2025, and plans to issue 12,000 billion VND in bonds to restructure debt and increase working capital.
- Signal: Positive
- Impact on: VPS, VN-Index
- Comment: VPS's ambitious plan shows the positive outlook of the stock market. Raising capital through bonds can create growth momentum for the company and the securities industry in general.
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.
