Tiếng Việt
普通话
01
February
Daily derivatives: The short-term support is found
Long VN30F2102 after the ATO session, lets profit run and close positions only when 1,030 pts level is broken.
Research Center
28
January
Daily derivatives: Do less is more
In this case, traders should stay on the sidelines and wait for the consolidation phase to capture the next market leg.
28
January
Market commentary: Stock market crashes
The market sentiment has become pessimistic in the short term because the VNIndex confirmed the selling signal. Thus, traders should reduce long positions and wait for the next signals.
27
January
Market commentary: Profit-taking in the short term
The VNIndex closed below the 1,100-pts, confirmed the short-term downtrend. Thus, traders should reduce long positions and wait for the next signals.
27
January
Daily derivatives: Retest the most important support level
In this case, traders should stay on the sidelines and wait for the reaction of this instrument at 1,070 pts zone to define the upcoming market leg.
27
January
OCB – Pre-listing Brief
Over 25 years of operation, OCB’s branch network comprises one head office in Ho Chi Minh city and 133 branches/transaction offices nationwide (mainly operating in the South with 84 branches/transaction offices). OCB has always concentrated on developing technology platforms and serving a focus group of customers including upper mass in retail baking segment and SME, Micro SME in corporate banking segment. According to HSX, OCB’s listing day is January 28th, reference price will be VND22,900/share.
27
January
Daily derivatives: Unsuccessful rebound
Market will go flat in the upcoming session, providing perfect opportunities for scalping technique. However, intraday trading always risky and traders are recommended to stay on the sidelines and wait for more information to capture the best trade.
26
January
ETF Review: Local ETFs sell TCB, CTG, and EIB the most
Based on data as of 26 Jan 2020, we expect that Local Vietnam ETFs, such as E1VFVN30 ETF, SSIAM VNFIN LEAD ETF, and VFMVN DIAMOND ETF, will sell TCB, CTG, and EIB the most with 7.2 million, 4.2 million, and 3.3 million shares. On the buy side, TPB, MBB, and STB will be bought heavily with 6.8 million, 3.0 million, and 2.0 million shares.
26
January
Market commentary: Sell-off again
The VNIndex retests the last bottom of 1,120-pts because of the selling pressure on large-cap stocks. That implies the downside risk is still intact in the short term. Thus, traders should reduce long positions and wait for the next signals.
25
January
Daily derivatives: Use the tight stop for long positions
Long VN30F2102 after ATO session, set the profit taking level at 1,190-1,200 pts area and out all the positions immediately when 1,165 pts area is broken.
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.