Tiếng Việt
普通话
11
May
Daily derivatives: The trading range
Long VN30F2005 at 725 pts zone, take profit at 820 pts and stoploss at 700 pts.
Research Center
11
May
Fundflow 04-08 May: Selling activities driven by large sell orders on VHM
Last week, foreign selling activities kept rising, recorded a net sell value of USD118mn, two times higher than the previous week. Money outflow across Vietnam also increased slightly, recorded the net outflow at USD1.5mn. Of which, X FTSE Vietnam continued to be the main driver which recorded an outflow at USD1.5mn last week.
08
May
Market commentary: Breakout the 800 pts threshold
Due to an optimistic market sentiment, the short-term uptrend can be still in this week. Therefore, traders can increase long positions and focus on leading stocks.
08
May
Chart of the day: Inviting the bull back to the market
In this scenario, the resumption of the uptrend is confirmed. Besides, tightening phase or correction period this week will provide the opportunities for investors to earn price advantages or re-enter the market. Therefore, investors can hold their long positions and focus on leading stocks.
08
May
Daily derivatives: Reaching the triangle pattern’s price objective
Long VN30F2005 at 725 pts zone, take profit at 820 pts and stoploss at 700 pts.
08
May
Market commentary: SAB limits up
The market sentiment has become optimistic due to confirmation of the short-term uptrend. Therefore, traders can increase long positions and focus on leading stocks.
07
May
Daily derivatives: Bullish momentum spreads to the medium term
Long positions captured at 710 pts should be held and let profit run up to 770-780 pts zone and set 700 pts zone as the stoploss level. For new positions, traders should wait for the tightening phase to capture the best trigger point.
07
May
MBB – 1Q20 review [BUY +64%] Admit short-term pain
MBB 1Q20 NP was down 8% yoy on the swell of credit provision given higher late payment ratio. Given that we trim TP to VND25,600 but reiterate BUY. Since MBB straightly admitted high overdue ratio right in the first quarter, we believe the credit cost may be well contained since 4Q20 and gain strong bottom line growth in 2021.
06
May
Daily derivatives: Respecting the bullish path
Long positions captured at 710 pts should be held and let profit run up to 770-780 pts zone and set 700 pts zone as the stoploss level.
06
May
Market commentary: Members of Vingroup lead market higher
Technically speaking, the short-term uptrend is confirmed as the VNIndex has broken out the medium-term moving average (50-day moving average). Therefore, traders can increase long positions and focus on leading stocks.
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.