Daily Call

Market wrap: VN-Index drops more than 31 pts while traded liquidity reaches record high

Macro wrap: Update on supporting measure to property market

Equity wrap: DGW VN: 1Q20 earnings results

Market wrap: Blue-chips' recovery eases VN-Index losing gap

Macro wrap: Update on annual state budget up to 5M20

Equity wrap: HT1 VN (Outperform; TP VND 15,600): AGM notes: Conservative targets for 2020

                       Vietnam ETFs 2Q20 rebalancing review

Market wrap: Stocks fell sharply as both bourses lost grounds

Macro wrap: Update on inflation

Equity wrap: PNJ VN (SELL; TP VND: 53,400): Pent-up demand fueled retail sales growth post-lockdown, yet expecting declining demand in 2H2020

Market wrap: VN-Index closes at 900 level mark as foreign net buy returns

Macro wrap:  Vietnam consumption in 1H20 and 2H20 outlook

Equity wrap: VTP VN (Outperform; TP VND: 160,000): AGM Flashnote: Strong growth plan despite COVID-19 situation 

Market wrap: VN-Index slips slightly into red on profit-locking

Macro wrap:  Update on the government meeting on Covid-19 pandemic

Equity wrap: VNM VN (Outperform): Update on JV establishment with Kido Group (KDC: HOSE, non- rated)

                       TCB VN (Market Perform; TP VND: 24,600): AGM plan

Market wrap: Majority of stocks surge as VN-Index edges closer to 890 level

Macro wrap:  Update on Agribank recapitalization

Equity wrap: MWG VN: AGM Note

Market wrap: Blue-chips trade mix amid foreign net selling pressure

Macro wrap:  Update on the Politburo conclusion on post-Covid 19 supporting measures 

Equity wrap: GAS VN (Market Perform; TP VND: 71,000): 5M 2020 prelim results

Market wrap: Both bourses surge higher despite stocks trading mix

Macro wrap:  Update on tourism sector

Equity wrap: PC1 VN (Market Perform; TP VND: 19,800): FY20 earnings likely driven by real estate; FY21-22 to see new revenue stream from Lien Lap wind project   

Market wrap: VN-Index surges above 880 level mark while foreign net selling returns

Macro wrap:  Update on Vietnam Household Living Standard Survey

Equity wrap: PVD VN (Market Perform; TP VND: 12,700): Update on 1Q20 results and 2020-2021 estimates

Market wrap: Stocks edge down despite foreign net buy maintains for 2 consecutive days

Macro wrap:  Update on fintech sandbox

Equity wrap: Vietnam ETFs 2Q20 rebalancing review

Market wrap: Banking stocks fuel both bourses higher

Macro wrap:  Update on public investment

Equity wrap: VTP VN: Analyst meeting flash note

Market wrap: Indices remained on winning streak despite stocks trading mix

Macro wrap:  Update on May macro data

Equity wrap: TPB VN (Outperform; TP VND: 24,700): 2020 AGM Note

Market wrap: Both bourses diverged into green on foreign net buy

Macro wrap:  Update on gasoline price

Equity wrap: BID VN: Sacrificed profit for the sake of improving asset quality

Market wrap: Blue-chips pressure the market to close lower

Macro wrap:  Update on foreign investment into Vietnam: May 2020

Equity wrap: VJC VN: 1Q2020 business update: First loss quarter since listing due to the pandemic

Market wrap: Vietnam stocks join global rally on hope of vaccine breakthrough

Macro wrap:  Update on public investment

Equity wrap: CTG VN (Outperform; TP VND: 27,200): 2020 AGM Note: Capital raising is the key driver for growth