O
n November 6, Fox News declared Donald J. Trump the winner of the presidential election, sending shockwaves through the stock market. The VN-Index surged nearly 16 points, with over 500 stocks rising as investors anticipated a positive outcome for industrial real estate and export stocks. Notably, Becamex IDC Corp jumped 2.43%, while SONADEZI Chau Duc, Sai Gon VRG Investment Corporation, and Kinh Bac City Development Holding Corporation hit the daily trading limit with gains of 6.99%, 6.89%, and 6.85% respectively.

    Kinh Bac City Development Holding Corporation's shares reached the daily trading limit due to a strong influx of capital, ranking second in market liquidity. This surge is attributed to an earlier announcement by The Trump Organisation and Kinh Bac City to develop a $1.5 billion hotel, golf course, and residential area in Hung Yen province.

    Market analysts expect industrial real estate, textiles, and wood products sectors to benefit from Trump's policies. However, China may redirect its exports to countries with lower or zero import tariffs, posing competitive pressure on domestic manufacturers. Oil and gas services are also expected to gain as Trump prioritises fossil fuel use.

    For a risk-averse approach, Shinhan Securities recommends focusing on companies with core business operations in the Vietnamese market, limited foreign debt exposure, and those listed on the Unlisted Public Company Market or the Hanoi Stock Exchange. These stocks exhibit lower stock volatility and are less targeted by passive ETFs.