Daily Call

Market wrap: Bourses plummeted amid profit taking pressure on mid/small cap tickers

Macro wrap: Update on the government meeting

Equity wrap: Vietnam ETFs 4Q 2021 review estimates

Market wrap: Indices mixed trade on VN30F1M expiry date

Macro wrap: Update on the trade activities in first 15 days of November

Equity wrap: TNH VN: Earnings trounce expectations, with a strong outlook for 2022

Market wrap: Mid/small tickers dove dragged down the indices

Macro wrap: Quick update on the Resolution of the Vietnamese government’s meeting in October 

Equity wrap: CTG VN (Outperform; TP VND 39,700): Provisions continued to weigh on bottom-line performance

Market wrap: Mid/small tickers dove dragged down the indices

Macro wrap: Update on the Decree 101 on export/import tariffs for automobile parts and construction materials

Equity wrap: Vietnam Sugar sector update

Market wrap: Indices stayed in green despite noon turbulences 

Macro wrap: Update on the North-South expressway (Eastern portion)

Equity wrap: MWG VN (BUY; TP VND 176,000): BHX improved profitability to drive 2022 solid earnings growth

Market wrap: Bourses closed ATH despite morning hiccup

Macro wrap: Wrap up on the stimulus package

Equity wrap: DGC VN (BUY; TP VND 190,000): Upbeat Q4 earnings on strong yellow phosphorus price

Market wrap: Vn-index closed in slightest red despite morning sales off triggered buying frenzy

Macro wrap: Update on the 2022-2024 State Budget Plan

Equity wrap: HAH VN (BUY; TP VND 87,000): 3Q 2021 earnings update: Long-term charter contracts to secure profit in the next two years

Market wrap: Main index recovered despite previous hiccups

Macro wrap: Update on October trade data

Equity wrap: PNJ VN (Outperform; TP VND 117,300): 3Q Earning call update – Some positive recovery signs in early Q4 2021

Market wrap: Main index eased down despite abundant liquidity

Macro wrap: Update on the National Assembly meeting Day 2

Equity wrap: OCB VN (Market Perform; TP VND 32,300): Credit metrics improved

Market wrap: Bourses reached new ATH on higher liquidity

Macro wrap: Update on the National Assembly meeting

Equity wrap: MSB VN (Outperform; TP VND 28,400): Extra-ordinary income to bolster 2022 growth

Market wrap: Bourses moved further despite cooled down liquidity

Macro wrap: A weekend recaps

Equity wrap: KBC VN: Short term hurdle

Market wrap: Bourses inched up on slid down liquidity

Macro wrap: Update on the October credit growth

Equity wrap: SAB VN (OUTPERFORM; TP VND 190,000): 3Q21 Earnings call update – Entering a gradual recovery phase

Market wrap: Bourses eased down on recorded ATH liquidity

Macro wrap: Update on Fed Taper, and Implications for Vietnam

Equity wrap: VCB VN (Market Perform; TP VND 117,000): NIM held up better than expected

Market wrap: Bourses reached new ATH on abundant liquidity

Macro wrap: Update on the Decree 95/2021/NĐ-CP on the petroleum trade

Equity wrap: FPT VN (BUY; TP VND 112,500): AM note – Rebound in Japan, upcoming big deal with property company, and solid double digit growth guidance for FY22.

Market wrap: Bourses eased down on topped liquidity

Macro wrap: Update on the Covid situation

Equity wrap: STK VN (Outperform; TP VND 69,400): Higher selling price will continue in 4Q21