Daily Call

Market wrap: Stocks narrow earlier loss as financials lead

Macro wrap:  Update on Vietnam public investment

Equity wrap: GAS VN (Market Perform; TP VND 64,500): Negative news on oil price largely priced in

Market wrap: Heavy sell-off pressure continues to weigh down the bourses

Macro wrap:  Update on policy rate decision from central bank

Equity wrap: BID VN (Outperform; TP VND 42,200):  Optimizing bank processes, ready to move into new chapter

Market wrap: VN-Index narrows down loss while foreign sell-offs intensify

Macro wrap:  Update on public investment

Equity wrap: Update on 1Q20 Vietnam ETFs rebalancing results

Market wrap: Sell-off spree drags VN-Index to stumble further

Macro wrap: Summary of the government supporting measures

Equity wrap: PNJ VN (Outperform; TP VND 80,200): Update on Covid-19 impact

Market wrap: Stocks tank on continued coronavirus concern 

Macro wrap: Update on Vietnam foreign trade in Jan-Feb 2020

Equity wrap: SAB VN (Outperform; TP VND 183,800): Virus hampers the on-premise sales

Market wrap: VN-Index recovered slightly after heavy sell-offs

Macro wrap: Update on the impact of the oil price plunge

Equity wrap: REE VN: Muddy prospects from hydro power sector

Market wrap: Return of COVID-19 and oil war trigger market selloff

Macro wrap: Update on the impact of the oil price plunge

Equity wrap: FRT VN: 4Q19 earnings review: Unexpected losses from high SG&A expenses

         CTD VN & HBC VN: 2019 results with murky prospects from property sector

Market wrap: Blue-chips pressure VN-Index into the red territory

Macro wrap:  Update on the government supporting measures

Equity wrap: BVH VN (Outperform; TP VND 65,900): Low interest environment mostly priced in

Market wrap: Possible end of the epidemic drives VN-Index into green

Macro wrap:  Update on new development in Covid-19 epidemic

Equity wrap: KBC VN (Market Perform; TP VND 17,400): Increasing dependence upon urban land sales 

Market wrap: VN-Index ends lower from heavy banking’s sell-offs 

Macro wrap:  Update on Vietnamese government bond yield

Equity wrap: PVD VN (BUY; TP VND: 15,000): 2020 earnings mostly intact despite low oil price and Covid-19

Market wrap: Local benchmarks edge higher despite foreign sell-offs

Macro wrap:  Update on the supporting measures to impacted sectors during the Covid-19 outbreak

Equity wrap: QNS VN (Outperform; TP VND 30,500): Soymilk continues to shine while sugar remains unforeseeable

Market wrap: VN-Index tumbles as heavy sell-offs persist

Macro wrap:  Update on February macro data

Equity wrap: NKG VN: Company visit notes: Potential earnings recovery in 2020

Market wrap: Approval of VFMVN Diamond ETF lifts market sentiment

Macro wrap:  Update on the government’s next five year plan

Equity wrap: PC1 VN: 4Q19 result updates; upcoming capital-intensive wind projects

Market wrap: VN-Index falls below 900 pts over ongoing virus concerns

Macro wrap:  Update on Vietnamese wages in the manufacturing worker

Equity wrap: MWG VN (BUY; TP VND 192,800): Analyst meeting

                      DRC VN (Market Perform; TP VND 23,900): Decent earnings growth at reasonable valuation