{"id":12395,"date":"2024-06-05T10:42:39","date_gmt":"2024-06-05T03:42:39","guid":{"rendered":"https:\/\/edutrade.vn\/?p=12395"},"modified":"2024-06-10T17:02:11","modified_gmt":"2024-06-10T10:02:11","slug":"gia-dong-tang-nhung-co-phieu-nhom-dong-van-chua-tang","status":"publish","type":"post","link":"https:\/\/edutrade.vn\/en\/gia-dong-tang-nhung-co-phieu-nhom-dong-van-chua-tang\/","title":{"rendered":"Gi\u00e1 \u0110\u1ed3ng T\u0103ng Nh\u01b0ng C\u1ed5 Phi\u1ebfu Nh\u00f3m \u0110\u1ed3ng V\u1eabn Ch\u01b0a T\u0103ng"},"content":{"rendered":"

C\u1ed5 phi\u1ebfu khai th\u00e1c m\u1ecf cu\u1ed1i c\u00f9ng c\u0169ng thu h\u00fat \u0111\u01b0\u1ee3c s\u1ef1 ch\u00fa \u00fd khi m\u1ed9t ng\u00e2n h\u00e0ng nh\u1eadn th\u1ea5y ti\u1ec1m n\u0103ng ng\u00e0y c\u00e0ng t\u0103ng khi gi\u00e1 h\u00e0ng h\u00f3a cao h\u01a1n t\u1ea1o ra m\u1ed9t s\u1ed1 gi\u00e1 tr\u1ecb trong l\u0129nh v\u1ef1c n\u00e0y.<\/span><\/p>\n

Trong l\u01b0u \u00fd nghi\u00ean c\u1ee9u m\u1edbi nh\u1ea5t c\u1ee7a m\u00ecnh, c\u00e1c nh\u00e0 ph\u00e2n t\u00edch v\u1ed1n c\u1ed5 ph\u1ea7n t\u1ea1i Soci\u00e9t\u00e9 G\u00e9n\u00e9rale khuy\u1ebfn ngh\u1ecb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean b\u1eaft \u0111\u1ea7u xem x\u00e9t l\u0129nh v\u1ef1c khai th\u00e1c khi n\u00f3 b\u1eaft k\u1ecbp v\u1edbi h\u00e0ng h\u00f3a th\u00f4. Ng\u00e2n h\u00e0ng Ph\u00e1p c\u0169ng cho bi\u1ebft h\u1ecd \u01b0u ti\u00ean c\u00e1c c\u00f4ng ty khai th\u00e1c c\u00f3 li\u00ean quan \u0111\u1ebfn qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i n\u0103ng l\u01b0\u1ee3ng xanh to\u00e0n c\u1ea7u, \u01b0u ti\u00ean kim lo\u1ea1i c\u01a1 b\u1ea3n h\u01a1n c\u00e1c nh\u00e0 s\u1ea3n xu\u1ea5t n\u0103ng l\u01b0\u1ee3ng.<\/span><\/p>\n

SocGen \u0111\u00e3 l\u1ea1c quan v\u1ec1 \u0111\u1ed3ng trong h\u01a1n m\u1ed9t n\u0103m; tuy nhi\u00ean, khuy\u1ebfn ngh\u1ecb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean ch\u1ed1t l\u1eddi ngay b\u00e2y gi\u1edd khi \u0111\u1ee3t ph\u1ee5c h\u1ed3i \u0111\u00e3 k\u1ebft th\u00fac.<\/span><\/p>\n

\u201cK\u1ec3 t\u1eeb \u0111\u1ea7u th\u00e1ng 4, \u0111\u1ed3ng gi\u00e1 \u0111\u00e3 \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t m\u1ecdi th\u1eddi \u0111\u1ea1i v\u00e0 gi\u00e1 Brent \u0111\u00e3 gi\u1ea3m xu\u1ed1ng. \u00dd t\u01b0\u1edfng giao d\u1ecbch c\u1ee7a ch\u00fang t\u00f4i \u0111\u00e3 mang l\u1ea1i m\u1ee9c t\u0103ng 8,4% trong v\u00f2ng ch\u01b0a \u0111\u1ea7y n\u0103m tu\u1ea7n v\u00e0 th\u1eadm ch\u00ed 9,7% d\u1ef1a tr\u00ean gi\u00e1 \u0111\u1ed3ng COMEX thay v\u00ec LME. Khi r\u1ee7i ro t\u1eadp trung v\u00e0o giao d\u1ecbch \u0111\u1ed3ng d\u00e0i h\u1ea1n v\u1edbi gi\u00e1 t\u01b0\u01a1ng lai hi\u1ec7n \u0111\u00e3 qu\u00e1 c\u0103ng do \u0111\u1ecbnh v\u1ecb c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0, ch\u00fang t\u00f4i ngh\u0129 r\u1eb1ng \u0111\u00e2y l\u00e0 th\u1eddi \u0111i\u1ec3m th\u00edch h\u1ee3p \u0111\u1ec3 \u0111\u00f3ng giao d\u1ecbch v\u00e0 ch\u1ed1t l\u1eddi,\u201d c\u00e1c nh\u00e0 ph\u00e2n t\u00edch cho bi\u1ebft.<\/span><\/p>\n

\"Gi\u00e1
Gi\u00e1 \u0110\u1ed3ng T\u0103ng Nh\u01b0ng C\u1ed5 Phi\u1ebfu Nh\u00f3m \u0110\u1ed3ng V\u1eabn Ch\u01b0a T\u0103ng<\/figcaption><\/figure>\n

C\u00e1c nh\u00e0 ph\u00e2n t\u00edch l\u01b0u \u00fd r\u1eb1ng l\u1ea1m ph\u00e1t cao dai d\u1eb3ng tr\u00ean to\u00e0n th\u1ebf gi\u1edbi \u0111\u00e3 gi\u00fap \u0111\u1ea9y gi\u00e1 h\u00e0ng h\u00f3a l\u00ean cao h\u01a1n; h\u1ecd n\u00f3i th\u00eam r\u1eb1ng 79% h\u00e0ng h\u00f3a m\u00e0 ng\u00e2n h\u00e0ng theo d\u00f5i \u0111ang giao d\u1ecbch trong v\u00f9ng t\u00edch c\u1ef1c t\u1eeb \u0111\u1ea7u n\u0103m \u0111\u1ebfn nay.<\/span><\/p>\n

Tuy nhi\u00ean, SocGen cho bi\u1ebft th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n kh\u00f4ng ph\u1ea3n \u00e1nh s\u1ef1 ph\u1ee5c h\u1ed3i n\u00e0y c\u1ee7a h\u00e0ng h\u00f3a v\u00e0 nh\u00ecn th\u1ea5y c\u01a1 h\u1ed9i \u0111\u1ec3 l\u0129nh v\u1ef1c n\u00e0y b\u1eaft k\u1ecbp. Ng\u00e2n h\u00e0ng cho bi\u1ebft h\u1ecd nh\u00ecn th\u1ea5y c\u01a1 h\u1ed9i cho c\u00e1c nh\u00e0 s\u1ea3n xu\u1ea5t kim lo\u1ea1i c\u01a1 b\u1ea3n so v\u1edbi c\u00e1c c\u00f4ng ty d\u1ea7u m\u1ecf v\u00e0 n\u0103ng l\u01b0\u1ee3ng.<\/span><\/p>\n

\u201cV\u1ec1 c\u1ed5 phi\u1ebfu, ng\u00e0nh n\u0103ng l\u01b0\u1ee3ng to\u00e0n c\u1ea7u (+7% ytd) \u0111ang ho\u1ea1t \u0111\u1ed9ng t\u1ed1t h\u01a1n c\u1ed5 phi\u1ebfu khai th\u00e1c to\u00e0n c\u1ea7u (+3% ytd) b\u1ea5t ch\u1ea5p ho\u1ea1t \u0111\u1ed9ng k\u00e9m hi\u1ec7u qu\u1ea3 t\u01b0\u01a1ng \u0111\u1ed1i c\u1ee7a d\u1ea7u trong c\u00e1c h\u00e0ng h\u00f3a. Trong khi \u0111\u1ed3ng l\u00e0 n\u1ec1n t\u1ea3ng c\u1ee7a qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i n\u0103ng l\u01b0\u1ee3ng theo xu h\u01b0\u1edbng l\u00e2u d\u00e0i, theo chu k\u1ef3, c\u00e1c ch\u1ec9 s\u1ed1 th\u00fac \u0111\u1ea9y nhu c\u1ea7u c\u1ee7a ch\u00fang t\u00f4i, ch\u1eb3ng h\u1ea1n nh\u01b0 SG Global Cycle v\u00e0 SG Asian Xu\u1ea5t kh\u1ea9u, ti\u1ebfp t\u1ee5c cho th\u1ea5y s\u1ef1 c\u1ea3i thi\u1ec7n, cho th\u1ea5y l\u1ee3i nhu\u1eadn m\u1ea1nh m\u1ebd ph\u00eda tr\u01b0\u1edbc \u0111\u1ed1i v\u1edbi c\u00e1c c\u00f4ng ty khai th\u00e1c th\u1eeba c\u00e2n v\u00e0 thi\u1ebfu n\u0103ng l\u01b0\u1ee3ng. C\u00e1c nh\u00e0 ph\u00e2n t\u00edch cho bi\u1ebft trong b\u00e1o c\u00e1o r\u1eb1ng s\u1ef1 gia t\u0103ng gi\u00e1 kim lo\u1ea1i hi\u1ec7n nay cho th\u1ea5y s\u1ef1 thay \u0111\u1ed5i trong \u0111\u00e0 t\u0103ng tr\u01b0\u1edfng EPS \u0111\u1ed1i v\u1edbi l\u0129nh v\u1ef1c khai th\u00e1c m\u1ecf.<\/span><\/p>\n

Nh\u01b0ng n\u00f3 kh\u00f4ng ch\u1ec9 \u0111\u1ed3ng m\u00e0 SocGen \u0111ang xem x\u00e9t. Ng\u00e2n h\u00e0ng nh\u00ecn th\u1ea5y c\u01a1 h\u1ed9i trong r\u1ed5 kim lo\u1ea1i c\u01a1 b\u1ea3n, \u0111\u1eb7c bi\u1ec7t l\u00e0 b\u1ea5t k\u1ef3 kim lo\u1ea1i n\u00e0o c\u00f3 m\u1ed1i li\u00ean h\u1ec7 v\u1edbi qu\u00e1 tr\u00ecnh ph\u00e1t tri\u1ec3n n\u0103ng l\u01b0\u1ee3ng xanh \u0111ang di\u1ec5n ra.<\/span><\/p>\n

\u201cR\u1ed5 Greenflation c\u1ee7a ch\u00fang t\u00f4i bao g\u1ed3m c\u00e1c c\u1ed5 phi\u1ebfu c\u00f3 kh\u1ea3 n\u0103ng thu l\u1ee3i t\u1eeb nhu c\u1ea7u t\u0103ng cao ho\u1eb7c ngu\u1ed3n cung gi\u1ea3m \u0111\u1ed1i v\u1edbi 24 kim lo\u1ea1i quan tr\u1ecdng c\u1ea7n thi\u1ebft trong c\u00f4ng ngh\u1ec7 kh\u00ed h\u1eadu v\u00e0 t\u1eeb vi\u1ec7c t\u0103ng c\u01b0\u1eddng \u0111\u1ea7u t\u01b0 c\u1ee7a c\u00e1c c\u00f4ng ty khai th\u00e1c m\u1ecf. C\u00e1c l\u1ec7nh tr\u1eebng ph\u1ea1t g\u1ea7n \u0111\u00e2y c\u1ee7a M\u1ef9 v\u00e0 Anh \u0111\u1ed1i v\u1edbi nh\u00f4m c\u1ee7a Nga,\u0111\u1ed3ng v\u00e0 niken m\u1ed9t l\u1ea7n n\u1eefa ch\u1ec9 ra nh\u1eefng th\u00e1ch th\u1ee9c \u0111\u1ecba ch\u00ednh tr\u1ecb trong vi\u1ec7c cung c\u1ea5p c\u00e1c kim lo\u1ea1i quan tr\u1ecdng. \u0110\u00e2y s\u1ebd l\u00e0 t\u00edn hi\u1ec7u t\u1ed1t cho c\u00e1c c\u00f4ng ty Greenflation c\u1ee7a ch\u00fang ta. C\u00e1c nh\u00e0 ph\u00e2n t\u00edch cho bi\u1ebft, vi\u1ec7c c\u1ea3i thi\u1ec7n lu\u1ed3ng tin t\u1ee9c doanh nghi\u1ec7p t\u1eeb d\u01b0\u1edbi l\u00ean v\u00e0 ho\u1ea1t \u0111\u1ed9ng M&A trong l\u0129nh v\u1ef1c khai th\u00e1c m\u1ecf \u1edf m\u1ee9c cao nh\u1ea5t trong 12 n\u0103m c\u0169ng l\u00e0 nh\u1eefng d\u1ea5u hi\u1ec7u t\u00edch c\u1ef1c.<\/span><\/p>\n

Qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i c\u1ee7a SocGen sang th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n di\u1ec5n ra nh\u01b0 \u0111\u1ed3ng gi\u00e1 ch\u1ee9ng ki\u1ebfn \u200b\u200bm\u1ed9t s\u1ed1 \u00e1p l\u1ef1c b\u00e1n k\u1ef9 thu\u1eadt sau khi \u0111\u1ea1t m\u1ee9c cao nh\u1ea5t m\u1ecdi th\u1eddi \u0111\u1ea1i l\u00e0 5,20 USD\/ pound v\u00e0o tu\u1ea7n tr\u01b0\u1edbc. Gi\u00e1 \u0111\u1ed3ng k\u1ef3 h\u1ea1n th\u00e1ng 7 cao c\u1ea5p \u0111\u01b0\u1ee3c giao d\u1ecbch l\u1ea7n cu\u1ed1i \u1edf m\u1ee9c 4,786 USD\/ pound, gi\u1ea3m h\u01a1n 1% trong ng\u00e0y.<\/span><\/p>\n

Nh\u00ecn v\u1ec1 ph\u00eda tr\u01b0\u1edbc, SocGen k\u1ef3 v\u1ecdng gi\u00e1 s\u1ebd th\u1ea5p h\u01a1n trong th\u1eddi gian t\u1edbi.<\/span><\/p>\n

\u201cK\u1ec3 t\u1eeb \u0111\u1ea7u th\u00e1ng 3, khi \u0111\u1ee3t g\u1ea7n \u0111\u00e2y nh\u1ea5t \u0111\u1ed3ng cu\u1ed9c bi\u1ec3u t\u00ecnh b\u1eaft \u0111\u1ea7u, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 \u0111\u1ea3m b\u1ea3o c\u00e1c v\u1ecb th\u1ebf mua, trong khi c\u00e1c nh\u00e0 s\u1ea3n xu\u1ea5t \u0111ang t\u0103ng c\u01b0\u1eddng c\u00e1c ho\u1ea1t \u0111\u1ed9ng ph\u00f2ng ng\u1eeba r\u1ee7i ro, \u0111\u1ea3m b\u1ea3o hi\u1ec7u qu\u1ea3 gi\u00e1 b\u00e1n sinh l\u1eddi cho t\u01b0\u01a1ng lai. C\u1ea3 hai nh\u00f3m hi\u1ec7n \u0111\u1ec1u \u0111\u01b0\u1ee3c \u0111\u1ecbnh v\u1ecb \u1edf m\u1ee9c cao b\u1ea5t th\u01b0\u1eddng, nh\u01b0ng s\u1ef1 gia t\u0103ng v\u1ecb th\u1ebf mua r\u00f5 r\u00e0ng h\u01a1n nhi\u1ec1u \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 mua so v\u1edbi c\u00e1c nh\u00e0 s\u1ea3n xu\u1ea5t b\u00e1n kh\u1ed1ng. \u0110i\u1ec1u n\u00e0y khi\u1ebfn gi\u00e1 \u0111\u1ed3ng t\u01b0\u01a1ng lai r\u1ea5t d\u1ec5 b\u1ecb c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 thanh l\u00fd trong th\u1eddi gian d\u00e0i\u201d, c\u00e1c nh\u00e0 ph\u00e2n t\u00edch cho bi\u1ebft.<\/span><\/p>\n

Trong khi \u0111\u1ed3ng C\u00e1c nh\u00e0 ph\u00e2n t\u00edch cho r\u1eb1ng c\u00e1c kim lo\u1ea1i c\u01a1 b\u1ea3n kh\u00e1c \u00edt b\u1ecb \u1ea3nh h\u01b0\u1edfng h\u01a1n.<\/span><\/p>\n

“C\u00e1c \u0111\u1ed3ng th\u1ecb tr\u01b0\u1eddng t\u01b0\u01a1ng lai c\u00f3 nguy c\u01a1 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 thanh l\u00fd v\u1ecb th\u1ebf mua c\u1ee7a h\u1ecd, nh\u01b0ng \u0111i\u1ec1u n\u00e0y \u00edt x\u1ea3y ra h\u01a1n v\u1edbi c\u00e1c kim lo\u1ea1i c\u01a1 b\u1ea3n kh\u00e1c. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 tin t\u1ee9c gi\u1ea3m gi\u00e1 d\u1eabn \u0111\u1ebfn m\u1ed9t cu\u1ed9c thanh l\u1ecdc \u0111\u1ed3ng l\u00e0nh m\u1ea1nh s\u1ebd kh\u00f4ng \u1ea3nh h\u01b0\u1edfng nhi\u1ec1u \u0111\u1ebfn gi\u00e1 c\u00e1c kim lo\u1ea1i kh\u00e1c v\u00e0 do \u0111\u00f3 g\u1ee3i \u00fd kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i cho c\u00e1c c\u00f4ng ty khai th\u00e1c \u0111a d\u1ea1ng\u201d, c\u00e1c nh\u00e0 ph\u00e2n t\u00edch cho bi\u1ebft.\u00a0<\/span><\/p>\n

Theo Neils Christensen \u0111\u01b0\u1ee3c Edu Trade bi\u00ean so\u1ea1n.<\/span><\/p>\n

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C\u1ed5 phi\u1ebfu khai th\u00e1c m\u1ecf cu\u1ed1i c\u00f9ng c\u0169ng thu h\u00fat \u0111\u01b0\u1ee3c s\u1ef1 ch\u00fa \u00fd khi m\u1ed9t ng\u00e2n h\u00e0ng nh\u1eadn th\u1ea5y ti\u1ec1m n\u0103ng ng\u00e0y c\u00e0ng t\u0103ng khi gi\u00e1 h\u00e0ng h\u00f3a cao h\u01a1n t\u1ea1o ra m\u1ed9t s\u1ed1 gi\u00e1 tr\u1ecb trong l\u0129nh v\u1ef1c n\u00e0y. Trong l\u01b0u \u00fd nghi\u00ean c\u1ee9u m\u1edbi nh\u1ea5t c\u1ee7a m\u00ecnh, c\u00e1c nh\u00e0 ph\u00e2n t\u00edch v\u1ed1n […]<\/p>","protected":false},"author":1,"featured_media":12426,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"4","single_blog_custom":"","parallax":"1","fullscreen":"0","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"no-crop","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"footnotes":""},"categories":[149],"tags":[],"class_list":["post-12395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tin-tuc"],"acf":[],"_links":{"self":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts\/12395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/comments?post=12395"}],"version-history":[{"count":0,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/posts\/12395\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/media\/12426"}],"wp:attachment":[{"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/media?parent=12395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/categories?post=12395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edutrade.vn\/en\/wp-json\/wp\/v2\/tags?post=12395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}