Tiếng Việt
普通话
26
April
Daily derivatives: Positive reaction at the important support zone
Buy VN30F2105 after ATO session (minimum position size) and stop the loss when there is the closing price below 1,260 pts level (Hourly time frame).
Research Center
23
April
STK – AGM Brief – Shines the ginning results
Century Synthetic Fiber (STK) held an AGM session on April 22nd to articulate the business plan, coming out with optimistic business guidance. The company targets a VND2,358bn revenue, +33.5% yoy and a VND248bn NPAT, 71.8% yoy in FY21F. A 15.0% cash dividend at par could be paid this year.
23
April
Daily derivatives: The short-term downtrend is confirmed
Sell VN30F2105 at 1,280 pts zone, set 1,220-1,240 pts area as the profit target and stop the loss when 1,310 pts level is broken. Besides, buy VN30F2105 at 1,200-1,220 pts zone and stop the loss when there is the closing price below 1,190 pts level (Hourly time frame).
22
April
Market commentary: Stock market crash?
Based on the crash, the downside risk increases in the short term. Therefore, traders should be careful. If selling pressure is still intact today, traders should reduce their long position.
22
April
Daily derivatives: Massive selling pressure enters the market
The captured long positions at 1,260-1,265 pts zone should not be closed and only stop the loss when there is the closing price below 1,280 pts level (Hourly time frame). For the new positions (captured at 1,300 pts zone), traders should apply the mentioned exit plan above.
22
April
Market commentary: High volatility
In the short term, market sentiment has become optimistic. Therefore, traders should hold their long position and focus on leading stocks such as Banking and Real Estate.
22
April
ETF Review: VN DIAMOND Index adds five banking tickers and TCM
Hochiminh Stock Exchange (HSX) announces that VN DIAMOND Index removes KDH because the stock does not reach FOL criteria at less than 90%. On the other side, the index adds ACB, MSB, EIB, VIB, LPB, and TCM. The new list will be effective on 04 May 2021.
20
April
Daily derivatives: The instrument is traded at higher ground
The captured long positions at 1,260-1,265 pts zone should not be closed and only stop the loss when there is the closing price below 1,270 pts level (Hourly time frame). For new positions, buy VN30F2105 at 1,300 pts zone and only stop the loss when there is the closing price below 1,270 pts level (Hourly time frame).
19
April
Market commentary: Optimistic market sentiment
Based on the high demand on large-cap stocks, market sentiment has become optimistic in the short term. Therefore, traders should hold their long position and focus on leading stocks such as Banking and Real Estate.
19
April
Fundflow 12–16 Apr: Vietnam leads the flow of money across SEA
Last week, massive selling pressure came back to the market. Breaking down by sectors, selling activities mainly absorbed by Real Estate, Financials, and Consumer Staples. Money inflow across Vietnam slightly increased (up 25% WoW) due to the strong demand which is attracted by SSIAM VNFIN Lead ETF as well as VFMVN Diamond kept attracting the stable level of money inflow.
Featured Articles
15
March
Point Break
Regarding the impact of the global commodity price surge on Vietnam CPI, we estimate that the current value of Brent price could push 2022 inflation to exceed the government target of 4%, mainly through the consumption channel. However, implementing well-established tools allows the Vietnam government to mitigate external shocks proactively. To sum up, we forecast that the global commodity surge would create temporary pressure on Vietnam inflation.
27
December
Outlook 2022 – The Big Uptrend
Key factors that drive the stock market to rise in 2022 include: (1) the Vietnam economy recovering and strong growth in 2022 and (2) new money will continue to flow into the stock market as new cash flows into stock markets and new money comes from capital flows of securities companies to margin.
09
November
Time to bet on economic recovery?
A record plunge in Vietnam’s economy in 3Q21 has threatened economic prospects in the medium and long term growth. The government is standing in a right place to mitigate the lingering impact of the current outbreak and the next ones if they take appropriate actions in an appropriate timing and appropriate way. Recent macro and policy developments are signaling that the ongoing economic recovery would be smooth and sound, but it needs a booster shot, a sufficiently large fiscal relief package, to accelerate recovery momentum and help economic growth back on track. From our view, the “Economic Recovery and Development” fiscal support package, if successfully passed, would be a key to unlocking the full potential of the economic recovery.
26
July
Fragile hope of recovery path under the worst outbreak
Amid a widespread COVID-19 delta attack in the Southeast Asia region, Vietnam is stepping into the worst outbreak in both its health and economic impacts. Although the government actively deployed various solutions to follow the twin target that effectively controls the pandemic and promotes socio-economic development, the negative impact of economic recovery is inevitable. We predict that the COVID-19 economic impacts on domestic consumption and production levels would be partly reflected in oncoming macroeconomic updates under strict lockdowns nationwide.
18
June
INFLATION: A transient or long-lasting shock?
Surging commodity prices and increasing inflation recently pose a considerable risk to global economic stability. However, the majority of global economists and monetary policymakers just saw this phenomenon as a transitory factor, and this trend would eventually reverse to a normal track in the medium- and long- term. Regarding Vietnam's situation, we saw a stable demand-supply balance in major commodities and well-controlled price conditions. The inflation shock in the near term, if it happens, would be expected to be transient and bear a little risk to the economic stability.