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.
Market corrected strongly after the peak session, liquidity set a record again
After the historic peak and a series of stocks hitting ceiling prices, selling pressure skyrocketed, pushing liquidity to a new record of VND35,451 billion in matched value on the HoSE. Along with that, stocks turned to fall in succession and foreign investors net sold another VND940 billion.
- Signal: Neutral
- Impact on: SSI, VCI, HCM, FTS, CTS, BSI, VDS, WSS, EVS, DSE
- Comment: The market correction phase after surpassing the peak with record liquidity shows a strong increase in profit-taking pressure. Large cash flows, even during sell-offs, reflect the rapid shift in investor sentiment. Investors need to pay special attention to important support levels and prepare effective risk management strategies to cope with fluctuations.
Record high amount of stuck money, VN-Index evaporates more than 4%
Many investors hope that strong cash flow will support stock prices. It is true that there is still a lot of money, but the volume of stocks sold is even more terrible, drowning the market in a fierce sell-off with unprecedented liquidity on the three floors, reaching 79,698 billion VND.
- Signal: Positive
- Impact on: SSI, VIX, GEX, VSC, DIG, VCI, MSN, EIB, DXG, CII
- Comment: Although the market witnessed a deep decline with record liquidity, the large amount of money participating in transactions and being 'stuck' could be a sign that potential demand is still strong, ready to be absorbed when the market stabilizes. This could be an opportunity for the market to purify and create a foundation for a new growth cycle. Investors should patiently wait for a clear bottom signal before disbursing, while prioritizing stocks with solid fundamentals.
Acting Chairman of HoSE: About to classify listed enterprises to arrange them according to size
In the coming period, HoSE will classify listed enterprises to arrange enterprises according to scale and operational efficiency, support start-ups, FDI, private enterprises, and promote equitization of state-owned enterprises associated with listing.
- Signal: Positive
- Impact on: FDI, HOSE, HNX, VSDC, KRX, CCP
- Comment: HoSE’s move to classify listed companies is a strategic step to improve transparency and market management efficiency. This promises to improve the investment environment, attract new capital flows and create more favorable conditions for investors to classify and select stocks. In the long term, this regulation can contribute to standardizing the market, aiming to upgrade and enhance sustainable development.
Many stocks have extraordinary profits but the current valuation is high, big risk?
The valuation of the Gelex group is higher than the general market level as well as historical data. For example, GEX shares are trading at P/E and P/B of 30 and 3.5 times, respectively.
- Signal: Neutral
- Impact on: GEX, VIC, VHM, VRE, GEE, TCB, MBB, SHB, OCB, SSI
- Comment: The fact that some stocks have higher valuations than the general market, despite having extraordinary profits, poses significant risks. Investors need to carefully consider financial indicators such as P/E, P/B along with the long-term business prospects of the enterprise. Avoid investing according to the crowd mentality and always implement strict risk management principles, especially with stocks that have increased rapidly.
The market is rising strongly, surpassing historical peaks, but there are still many slow investors.
VN-Index reached a new peak but many investors could not make a profit, their accounts remained unchanged or even reported losses. The amount of cash left outside the market is still very large.
- Signal: Neutral
- Impact on: FPT, MBB, VCB
- Comment: Although VN-Index continuously hits new peaks, the fact that many investors have not yet made a profit or even suffered losses shows the deep differentiation of the market. The large amount of cash still standing outside can create potential buying pressure, but also contains risks when slow-moving people tend to 'catch the peak'. The smart investment strategy at this time is to be selective, not follow virtual waves and stick to long-term goals.
ETF funds suddenly withdraw strongly from Vietnam
ETF funds investing in the Vietnamese stock market continued to see a net withdrawal of nearly VND702 billion, more than 7 times higher than last week.
- Signal: Neutral
- Impact on: FTSE, HPG, SSI, SHB, VHM, MSCI, VFM, VEM, VIC
- Comment: The large net withdrawal of ETF funds shows the caution of foreign capital flows, possibly due to global macro factors or concerns about domestic market developments. This may create short-term downward pressure on some large-cap stocks in the fund portfolios. Investors need to closely monitor foreign investors' movements and assess the impact on each industry and each code to make appropriate decisions.
HTN was heavily fined for publishing false information
The State Securities Commission has issued a decision to impose an administrative penalty on HTN with a total fine of VND 470 million and has applied remedial measures.
- Signal: Neutral
- Impact on: HTN, HOSE, SSC, LLC, HNT
- Comment: The State Securities Commission's decision to impose a severe penalty on HTN sends a strong message about compliance with information disclosure regulations. This incident increases the risk of reputation and investor confidence in the violating enterprise. Investors should always check the authenticity of information and assess legal and corporate governance risks before deciding to invest in any stock.
Amazing "surprise attack" session!
If the 2007-2008 period of 5-700 billion/day transactions was huge, the surprise attack of a thousand billion was shocking, the 2021 period of 15-20 thousand billion was terrifying, this time it is more than 70 thousand billion. The common point is that the more money enters the market, the more the "setup" of a battle is on a scale beyond imagination.
- Signal: Neutral
- Impact on:
- Comment: Record liquidity and unexpected market movements demonstrate the complexity and extreme volatility of the current market. Large-scale 'surprise' trading sessions reflect the strong participation of speculative money and market-making capabilities. Investors need to be vigilant, prioritize risk management and avoid emotional trading in the context of unpredictable market fluctuations.
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.
