Daily Call

Market wrap: Indices inch higher despite foreign net selling escalates 

Macro wrap: Update on SOE reform

Equity wrap: FPT VN (Outperform; TP VND 56,400): Analyst Meeting – Solid 2020 growth; Shifting to in-house software products

Market wrap: Mix trading continues amid foreign net selling returns

Macro wrap: Update on state budget

Equity wrap: NLG VN: 1H2020 business results:  A quiet half year   

Market wrap: Stocks trade mix on profit locking pressure

Macro wrap: Update on SOE reform

Equity wrap: CTG VN (Outperform): 2Q2020 earnings flash note 

Market wrap: Both bourses maintain 3 consecutive day gain amid higher traded volume

Macro wrap: Update on public investment

Equity wrap: REE VN (Outperform; TP VND 38,100): Stable Cashflow from Office Leasing and Water Supply

Market wrap: Both indices up higher despite foreign net selling returns 

Macro wrap: Update on industrial production

Equity wrap: MWG VN: June results in-line with SSI forecasts 

Market wrap: Blue-chips surge bringing the bourses into green

Macro wrap: Update on cabinet meeting

Equity wrap: POW VN (Outperform; TP VND: 12,000): Uncertainty about Ca Mau Bad Debt Load; Target Price Cut

                       HDB VN: Better than expected 2Q PBT growth

Market wrap: Stocks trade mix on ETFs rebalancing date

Macro wrap: Update on Covid-19 outbreak in Vietnam

Equity wrap: VCB VN (Market Perform): 1H 2020 Update – Earnings call

Market wrap: Both indices edge higher amid low traded volume

Macro wrap: Update on 2021 Planning

Equity wrap: PLC VN (Outperform; TP VND: 18,600): Better than expected Q2 2020 results

Market wrap: Stocks slump as pressured by the pandemic uncertainty

Macro wrap: Vietnam macro update for July

Equity wrap: QNS VN (Outperform): 2Q20 prelim results: Resilient soymilk sales amidst pandemic

                     MBB VN (Outperform; TP VND 22,000): 1H 2020 earnings result exceeded management guidance at 2020 AGM

Market wrap: Bargain hunting leads both bourses into green

Macro wrap: Update on public investment

Equity wrap: VNM VN (Outperform; TP VND 135,000): Q2 results well in line with management guidance at 2020 AGM

Market wrap: VN-Index witnesses biggest drop since late March amid pandemic concerns

Macro wrap: Update on Vietnam FDI in July

Equity wrap: TPB VN (Outperform): Corporate bonds and big companies were the key growth drivers

Market wrap: Both bourses return to slump over pandemic concerns

Macro wrap: Update on impact from Covid-19 pandemic

Equity wrap: FPT VN: Tech Meetup day – Still hunting for new projects

                       DPM VN (Outperform; TP VND 16,900): 2Q20 earnings results

Market wrap: Blue-chips rise bringing VN-Index higher amid muted traded liquidity

Macro wrap: Update on impact from Covid-19 pandemic

Equity wrap: Moc Chau Milk JSC (OTC): Iconic dairy to be listed within 9 months

Market wrap: Heavy blue-chips selloffs send VN-Index to tumble further

Macro wrap: Update on Vietnam energy sector

Equity wrap: VCB VN (Market Perform; TP VND 89,900): Earnings recovery thanks to retail banking, FX trading, and cost management

Market wrap: VN-Index stays muted around 860 level amid stocks mix trading

Macro wrap: Update on Long Thanh airport project

Equity wrap: FPT VN (Outperform; TP VND 56,400): Actively evolving