Daily Call

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Daily Call
SSI Daily Equity Market Call with Update on inflation, HPG and DPM
Market Wrap: Market rebounded from strong support level at 1200pts
Macro Update: Thoughts on policy rate cut
Equity Research Update: 
HPG VN (BUY; TP VND 33,500): 2025 AGM Note: Solid through the storm
DPM VN: 2025 AGM Note

18/04/2025

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SSI Daily Equity Market Call with Update on the Party’s National Conference, FPT and VN30 Index 2Q25 review results
Market Wrap: FPT weighed down the entire market
Macro Update: Key Takeaways from the Party’s National Conference
Equity Research Update:
•           FPT VN (Outperform; TP VND 129,600): Reaffirms 2025 guidance amid global uncertainties
•           VN30 Index 2Q25 review results

17/04/2025

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SSI Daily Equity Market Call with Update on Reciprocal Tariff Negotiation and PVT, SZC
Market Wrap: Market corrected following 3 straight sessions of V-shape rebound
Macro Update: Reciprocal Tariff Negotiation Update
Equity Research Update:
•           PVT VN (Outperform; TP VND 30,000): 2025 AGM quick commentary
•           SZC VN (Market Perform; TP VND 34,200): Signed Contracts Securing 2025 Growth

16/04/2025

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SSI Daily Equity Market Call with Update on Vietnam Railway Megaprojects and HPG
Market Wrap: Market rebound extended and strengthened
Macro Update: Update on Vietnam Railway Megaprojects
Equity Research Update: HPG VN (BUY; TP VND 33,500): 1Q 2025 sales report commentary

15/04/2025

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SSI Daily Equity Market Call with Update on the Party’s Central Committee Meeting, DGC, SAB and FOX

Market Wrap: Rebound reinforced on robust turnover
Macro Update: Update on the Party’s Central Committee Meeting
Equity Research Update:
•           DGC VN (Outperform; TP VND 101,000): AGM Note: Conservative 2025 guidance
•           SAB VN (Outperform; TP VND 58,000): Upgrading on price weakness
•           FOX VN: A Bold Play in Vietnam Telecom

14/04/2025

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SSI Daily Equity Market Call with Update on Vietnam-US Reciprocal Trade Negotiation and HHV
Market Wrap: The local market made a sharp U turn with the VNIndex itself hitting limit up
Macro Update: Update on Vietnam-US Reciprocal Trade Negotiation
Equity Research Update: HHV VN (BUY; TP VND 13,000): 2025 AGM: Steady Growth for 2025

11/04/2025

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SSI Daily Equity Market Call with Update on reciprocal tariff pause and MWG

Market Wrap: Rebound failed, the VNIndex recorded the 4th consecutive session of vertical drop
Macro Update: Thoughts on reciprocal tariff pause
Equity Research Update: MWG VN: AGM documents

10/04/2025

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SSI Daily Equity Market Call with Update on FTSE Russell interim country classification review and SAB
Market Wrap: The market underwent a 3rd blood shedding session on dropped liquidity
Macro Update: Update on FTSE Russell interim country classification review
Equity Research Update: SAB VN: AGM documents

09/04/2025

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SSI Daily Equity Market Call with Update on Q1 GDP, tariffs and PNJ
Market Wrap: Market decline eased on commendable local absorption
Macro Update: Update on Q1 GDP and tariffs
Equity Research Update: PNJ VN (BUY; TP VND 97,500): AGM documents: Decelerating earnings growth guidance for 2025

08/04/2025

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SSI Daily Equity Market Call with Update on Reciprocal tariffs and impact on different sectors
Market Wrap: Painful to look at – The local market crashed on considerably-higher-than-expected US tariffs
Macro Update: News Briefing
Equity Research Update: Update on Reciprocal tariffs and impact on different sectors

04/04/2025

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SSI Daily Equity Market Call with Update on tariff and REE
Market Wrap: The VNIndex closed flat as profits were taken on Vingroup stocks, Constructions and Financials
Macro Update: Tariffs-as-a-Tactic: Bad News is Good News
Equity Research Update: REE VN (Market Perform; TP VND 80,000): 2025 AGM: Conservative 2025 guidance, with long-term ambitious business expansion plan

03/04/2025

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SSI Daily Equity Market Call with Update on USTR National Trade Estimate, DGC and Steel sector
Market Wrap: Local market rebounded following global markets ahead of US tariff announcement
Macro Update: Update on USTR National Trade Estimate
Equity Research Update:
•           DGC VN: AGM: Conservative 2025 guidance
•           Steel sector update: MoIT announcement of preliminary AD duty for galvanized steel from China and South Korea (AD19)

02/04/2025

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SSI Daily Equity Market Call with Update on Q1 GDP, investment and VNM

Market Wrap: Correction continued ahead of US reciprocal tariffs

Macro Update: Thoughts on Q1 GDP and investment

Equity Research Update: VNM VN (Outperform; TP VND 71,500): AGM documents

01/04/2025

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SSI Daily Equity Market Call with the Plan to Establish an International Financial Center in Vietnam and VIB

Market Wrap: Pessimistic Sentiment Prevails as VN-Index Struggles

Macro Update: Update on the Plan to Establish an International Financial Center in Vietnam

Equity Research Update: VIB VN (Market Perform; TP VND 21,100): 2025 AGM notes

31/03/2025

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SSI Daily Equity Market Call with Update on BWE AGM notes

Market Wrap: The market decreased slightly with weaker sentiments

Macro Update: News Briefing

Equity Research Update: BWE VN: 2025 AGM Notes: Driving M&A Growth in the clean water sector

27/03/2025

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