Daily Call

Market wrap: Banking stocks rally boosting VN-Index into green

Macro wrap: Update on the government’s plan in phases to 2030

Equity wrap: ACB VN: 3Q20 prelim results: Earnings beat our consensus

Market wrap: Blue-chips' heavy selloffs narrow HCM bourse's gains

Macro wrap: Update on public debt

Equity wrap: SHB VN (Market Perform; TP VND 16,530): Pursuing high yield assets to offset for disadvantageous funding cost

Market wrap: Indices slip into green before closing despite stocks mix trading

Macro wrap: Update on National Assembly meeting

Equity wrap: MBB VN (Outperform; TP VND 20,600): Retail lending regained momentum 

Market wrap: Both bourses extend gains on October futures expiry date

Macro wrap: Update on SOE reform

Equity wrap: QNS VN (Outperform): Impact of Covid-19 2nd wave was more severe than expected

Market wrap: Both bourses extend gains as traded liquidity skyrockets

Macro wrap: Update on Vietnam’s private sector

Equity wrap: HPG VN (BUY; TP VND 39,300): Blowout earnings growth in 3Q20 driven by record-high sale volume

                       LPB VN: Upcoming shift from Upcom to HSX will trigger re-rating

Market wrap: VN-Index draws closer to 930 level amid weakened traded volume

Macro wrap: Update on governmental September meeting resolution

Equity wrap: PHR VN (Market Perform; TP VND 58,500): 3Q20 parent company prelim results

Market wrap: Heavy foreign selloffs in blue-chips narrow VN-Index gains

Macro wrap: Update on North South expressway

Equity wrap: HSG VN: Net profit in 4Q20 reached a 3-year high, driven by strong export volume 

Market wrap: Blue-chips rally boosting both bourses higher in the green

Macro wrap: Update on State-owned commercial bank recapitalization

Equity wrap: VTP VN: Analyst meeting note: Viettel Group divestment

                      GAS VN (Outperform; TP VND 74,000): 9M 2020 prelim results

Market wrap: Profit-locking pressures bourses to stumble

Macro wrap: Update on Vietnam fiscal position

Equity wrap: BMP VN: Strong earnings growth in 3Q20 in line with expectations, margin contraction ahead

Market wrap: HCM bourse maintains in the green amid record high traded volume

Macro wrap: Update on Covid-19 pandemic impact on Vietnam employment

Equity wrap: VNDiamond Index and HOSE Indexes 4Q20 review estimates

                       DPM VN (Market Perform; TP VND 17,500): 3Q20 prelim results

Market wrap: Both indices secure in the green despite heavy foreign net sell 

Macro wrap: Update on North-South expressway projects

Equity wrap: 3Q20 earnings preview

Market wrap: Both bourses edge higher amid high traded liquidity

Macro wrap: Update on the government 5-year plan (2021-2025)

Equity wrap: VHC VN: Wellness segment supports earnings during the pandemic

Market wrap: Bourses trade mix amid heavy foreign net selling

Macro wrap: Update on cabinet meeting 

Equity wrap: VSC VN: 3Q20 prelim results: Positive signals of recovery 

Market wrap: Stocks rally extending the bourses' gains

Macro wrap: Comment on the US administration’s possible investigation into Vietnam’s currency practice

Equity wrap: VNM VN (Outperform; TP VND 112,500): Q3 prelim results

Market wrap: Blue-chips gradually edge higher boosting bourses into green

Macro wrap: Update on policy rate cut

Equity wrap: HBC VN: Company visit: 2020 NPAT target guided down significantly