Daily Call

Market wrap: VN-Index slumps on heavy selloffs

Macro wrap: Update on state budget

Equity wrap: STK VN (Outperform; TP VND 33,900): Analyst Meeting – Positive short-term outlook, and a tangible medium-term capacity expansion

Market wrap: HCM bourse slips into green despite lingering net selling

Macro wrap: Update on the next stimulus package and the provincial GRDP

Equity wrap: CTG VN (BUY; TP VND 46,400): Turnaround time with bancassuarance and no VAMC bonds left

Market wrap: Indices trade mix on growing profit locking pressures 

Macro wrap: Update on IMF 2020 Article IV consultation

Equity wrap: VHC VN: Update on 4Q20 and FY20 earnings result

Market wrap: Key sectors up higher boosting the bourses' gains

Macro wrap: Update on Vietnam PMI

Equity wrap: VEA VN: Update on 4Q20 and FY20 earnings result

Market wrap: Bourses close higher although market mix trading persists

Macro wrap: Vietnam macro update for February

Equity wrap: VCB VN (Outperform; TP VND 108,600): Huge provision reserves and good-quality loan book lead to earnings bonanza

Market wrap: VN-Index slips into green while traded liquidity weakens

Macro wrap: Update on gasoline price

Equity wrap: ACB VN (Outperform; TP VND 37,300): Resilience through hardship

Market wrap: Both indices end in the green although profit locking pressures remain

Macro wrap: Update on Covid-19 vaccine rollout plan

Equity wrap: BID VN (Market Perform; TP VND 46,430): Capital raise pressure is coming back

Market wrap: VN-Index slips into green despite heavy foreign net selling returns

Macro wrap: Update on Power Development Master Plan VIII for 2021-2030

Equity wrap: 1Q21 Vietnam ETFs rebalancing preview

Market wrap: VN-Index stumbles in the red after 2 consecutive gains

Macro wrap: Update on Covid-19 outbreak

Equity wrap: PLX VN (Outperform; TP VND 67,000): Expecting substantial rebound in 2021 driven by recovery in both fuel price and demand

Market wrap: Both bourses continue to hike amid higher liquidity

Macro wrap: Update on the next stimulus package

Equity wrap: GAS VN (Outperform; TP VND 98,000): Expecting demand recovery in 2021

Market wrap: Blue-chips surge lifting HCM main bourse above 1,150 pts

Macro wrap: Update on government meeting     

Equity wrap: TCB VN: Strong income helped to upgrade asset quality

Market wrap: Both bourses inch higher prior to LNY despite heavy foreign net selling

Macro wrap: Update on the Lunar New Year      

Equity wrap: VNM VN (Outperform; TP VND 131,000): Attractive valuation

Market wrap: Heavy selling pressures both bourses to plunge

Macro wrap: Update on Vietnam FDI

Equity wrap: IMP VN (BUY; TP VND 73,000): Back on track in FY21: Healthcare demand revitalized from a low base

Market wrap: Key sectors surge higher, extending HCM bourse's gain

Macro wrap: Update on Covid-19 outbreak

Equity wrap: DGW VN (Market Perform; TP VND 80,800): A beneficiary of long term upgrade to 5G as 2G becomes obsolete