Daily Call

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Daily Call
SSI Daily Equity Market Call with Update on Sept PMI and Vinfast's 2Q24 business results

Market Wrap: The VNIndex surpassed 1300pts before cooling off to slightly lower level

Macro Update: Update on Sept PMI

Equity Research Update: Vinfast: Adopting a more prudent approach

01/10/2024

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SSI Daily Equity Market Call with Update on the SBV’s circular proposal on the debt restructure for Yagi-impacted borrowers and DGC

Market Wrap: Market slightly corrected on retreated volume followed 2 weeks of rally

Macro Update: Update on the SBV’s circular proposal on the debt restructure for Yagi-impacted borrowers

Equity Research Update: DGC VN (Outperform; TP VND 137,000): Back to growth from 2H24

30/09/2024

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SSI Daily Equity Market Call with Update on Jan-Sep'24 public investment and Vietnam data center industry

Market Wrap: Gains diminished and volume spiked on ETFs’ rebalancing activities

Macro Update: Update on Jan-Sept ‘24 public investment

Equity Research Update: Vietnam data center industry: Promising growth outlook in a relatively small market size environment and favorable market conditions

27/09/2024

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SSI Daily Equity Market Call with Update on the money market and CTR

Market Wrap: The VNIndex experienced a boost from strong Asian markets, reaching a high before settling as it neared the resistance level.

Macro Update: Update on the money market movement

Equity Research Update: CTR VN (Market Perform; TP VND 135,000): Slower-than-expected construction progress of BTS sites

26/09/2024

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SSI Daily Equity Market Call with Update on public investment, DBC and SSI Gateway to Vietnam key takeaways

Market Wrap: The local market performed even better than yesterday, driven by confidence in the Chinese government's stimulus initiatives and the US rate cut trajectory.

Macro Update: Update on public investment and Circular 06 on debt restructuring

Equity Research Update:

DBC VN: Update on hog producer after Typhoon Yagi

Unlocking Insights: SSI - GATEWAY TO VIETNAM: The U.S Election and Vietnam

25/09/2024

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SSI Daily Equity Market Call with Update on the list of economic sectors and HAH

Market Wrap: Despite a feeble morning, momentum picked up in the afternoon backed by a rush of buying-spree on exhausted sells.

Macro Update: Update on the list of economic sectors

Equity Research Update: HAH VN (Outperform; TP VND 47,200): Breaking the limit

24/09/2024

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SSI Daily Equity Market Call with Update on credit growth and GVR

Market Wrap: The VN-Index experienced a decline due to capital retreats

Macro Update: Update on the government-level conferences

Equity Research Update: GVR VN (Market Perform; TP VND 36,100): Expected better performance during 2H24 driven by higher rubber price

23/09/2024

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SSI Daily Equity Market Call with Update on Vietnam trade data and HDB

Market Wrap: Gains diminished and volume spiked on ETFs’ rebalancing activities

Macro Update: Update on trade data

Equity Research Update: HDB VN: 2Q24 business results

20/09/2024

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SSI Daily Equity Market Call with Update on FED rate cut, the pilot resolution for commercial housing projects and PNJ's 8M24 result

Market Wrap: Market accelerated increases last min on low volume

Macro Update: The Fed Rate Cut on Vietnam exchange rate & Pilot resolution for commercial housing projects

Equity Research Update: PNJ VN (Outperform; TP VND 120,000): 8M24 result

19/09/2024

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SSI Daily Equity Market Call with Update on Non-prefunding solutions, state divestment, VHC's 8M24 result and GAS

Market Wrap: The VN-Index continued its upward momentum yesterday, driven by the news of a signed circular on No-Prefunding Solutions (NPS)

Macro Update: Update on NPS circular & state divestment

Equity Research Update:

  • VHC VN (Outperform; TP VND 88,000): Aug ’24 results – Highest monthly sales recorded in the last 24 months
  • GAS VN (Market Perform; TP VND 79,000): Increasing contribution from the LNG segment

18/09/2024

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SSI Daily Equity Market Call with Update on 2025 GDP growth estimates, FPT, HPG and DBD

Market Wrap: Market witnessed swift vertical rally on low volume

Macro Update: Update on 2025 GDP growth estimates

Equity Research Update:

  • FPT VN (Outperform; TP VND 142,800): 8M24 results were in line with our expectations
  • HPG VN (Outperform; TP VND 31,400): Sales pulled off a recovery in August, driven by exports
  • DBD VN (Market Perform; TP VND 45,000): Muted growth prospects without short-term catalysts

17/09/2024

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SSI Daily Equity Market Call with Update on Typhoon Yagi's impacts on the economy, money market, Vietnam Market Vector Index 3Q24 review result and PVD

Market Wrap: The VN-Index struggled to maintain its reference level and closed at the intraday low

Macro Update: Update on Typhoon Yagi impact and the money market

Equity Research Update:

Vietnam Market Vector Index 3Q24 review result

PVD VN (Outperform; TP VND 32,000): Continued solid industry fundamentals

16/09/2024

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SSI Daily Equity Market Call with Update on the law draft amending Securities Law and VHM

Market Wrap: The VN market continued to be weighed down by weak sentiment on concerns over magnitude of impacts of the Yagi typhoon

Macro Update: Update on NASC meeting

Equity Research Update: VHM VN: Robust growth driven by a recovery of the Hanoi market

13/09/2024

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SSI Daily Equity Market Call with Update on August trade data and VNDiamond Index 4Q24 review estimates

Market Wrap: Despite strong rebound of the US market, the VN market recovered with little strength

Macro Update: Update on August trade data & Standing Committee legislative meeting

Equity Research Update: VNDiamond Index 4Q24 review estimates

12/09/2024

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SSI Daily Equity Market Call with Update on the impact of typhoon Yagi and PLX

Market Wrap: Market struggled to recover from previous sessions’ declines, sentiment remained weak

Macro Update: Update on the typhoon Yagi impacts to Vietnam’s economy

Equity Research Update: PLX VN (Market Perform; TP VND 48,000): Positive impact from new regulation priced in

11/09/2024

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