Tiếng Việt
普通话
19
June
Daily derivatives: The short-term rectangle pattern
Short VN30F2007 at 778 pts when the rectangle’s lower threshold is broken, take a profit at 760 pts and stop a loss immediately at 785 pts to avoid false breakdown.
Research Center
19
June
Market commentary: Cautious sentiment still dominates
Despite the rebound, the the downside risk is intact as the the VNIndex closes below the 20-period moving average and moves in a tignt range. Therefore, investors should consider reducing the long positions and wait for the next signals.
18
June
Daily derivatives: The trading range
VN30F2006 is expired today and downward swing is expected. Thus, traders should capture short positions at 770 pts when this level is broken, take profit at 730 pts and stoploss at 780 pts.
17
June
Market commentary: Liquidity decreases
In the short term, the market sentiment has become cautious as the VNIndex closes below the 20-period moving average. Moreover, the downside risk is intact. Therefore, investors should consider reducing the long positions and wait for the next signals.
17
June
Local Vietnam ETFs’ review – 3Q20
We expect that VN30Index will add HVN and will remove CTD in this quarterly review. In addition, We forecast that VNFIN LEAD Index will not add or remove stock. VFMVN DIAMOND ETF will buy the most TCB with 1 million shares. On the sell side, MBB will be sold heavily with 0.9 million shares.
17
June
Daily derivatives: Upside is limited
In this case, VN30F2006 is traded between two most important MAs (MA200 and MA50) which gives no signal for the next phase. Thus, traders should stay on the sidelines and wait for more reliable signals and valid trigger point.
17
June
Market commentary: Member of Vingroup in the spotlight
Despite the rebound, the downside risk is intact in the short term. Therefore, investors should consider reducing the long positions and wait for the next signals.
15
June
Daily derivatives: The short-term downtrend is confirmed
In this case, short positions captured at 780 pts zone should not be closed and let profit run to 755 pts level as well as stoploss at 790 pts.
15
June
Market commentary: Foreigners buy VHM heavily
The short-term downtrend may be formed because the VNIndex crosses its 20-period moving average going down. Besides, the downside risk increase. Therefore, investors should consider reducing the long positions and wait for the next signals.
15
June
Fundflow 08-12 Jun: Vietnam attracts money inflow for four consecutive weeks
Last week, foreign buying activities ticked up, recorded a net buy value of USD18.2mn, mainly focused on Utilities, Financials and Energy. Besides, Vietnam continued to attract money inflow, recorded the net inflow at USD3mn, up 50% WoW. Of which, VanEck Vietnam ETF and SSIAM VNFIN Lead ETF kept attracting money inflow whilst SSIAM VNX50 ETF experienced an outflow.
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.