Daily Call

Market wrap: Vietnam equities edge higher despite outweighed laggards

Macro wrap:  Update on Vietnam public debt

Equity wrap: NVL VN: 9M19 results: Barely achieved half of 2019 target, characteristic of lower financial income

Market wrap: Local shares manage to close in green amid ETF rebalancing activities

Macro wrap:  Update on interest rate

Equity wrap: MWG VN (BUY, TP VND: 160,300): 10M19 financial results in line with our estimate

Market wrap: Stocks narrow down the loss at the closing

Macro wrap:  Update on November FDI

Equity wrap: ANV VN: Outstanding results vs. industry thanks to a diversified export market

Market wrap: VN-index abruptly hit 2-month low on local selloff

Macro wrap:  Update on power sector

Equity wrap: GMD VN (Market Perform, TP VND: 28,300): Slower core growth

Market wrap: VN-index take a steep dive on the Nov future contracts’ maturity

Macro wrap:  Update on Labour Code

Equity wrap: Update on banking sector

Market wrap: Vietnam shares inch up on lowering lending rates

Macro wrap:  Update on Circular 22 on banking sector

Equity wrap: PNJ VN (Outperform; TP VND 93,600): Optimistic earnings in Q4

Market wrap: Vietnam shares inch up on lowering lending rates

Macro wrap:  Update on the government’s long-term plan

Equity wrap: KBC VN: 3Q19 review: Industrial land sales achieved full year target

Market wrap: Local shares pull back as bluechips weigh

Macro wrap:  Update on interest rate cut

Equity wrap: Update on Vietnam ETFs 4Q19 rebalancing preview

Market wrap: Vietnam shares ticks lower on Friday

Macro wrap:  Update on petroleum prices

Equity wrap: VTP VN (BUY, TP VND 160,000): 3Q19 review: High growth coupled with increasing costs

Market wrap: VN-index corrects on the plunge of FOL names

Macro wrap:  Update on new indexes in the HoSE

Equity wrap: BID VN (Market Perform; TP VND 42,900): 3Q19 results: Restructuring funding sources and accelerating bad debt resolution

Market wrap: Trade worries send local equities lower

Macro wrap:  Update on the corporate bond market

Equity wrap: HDB VN: 9M19 results: Improving NIM at the Parent bank

Market wrap: VN-Index recovers amid the net foreign selling pressure

Macro wrap:  Update on Vietnam October trade data

Equity wrap: POW VN (Market Perform; TP VND 15,800): 3Q19 review: Better than expected

Market wrap: Local equities dampen further on the rising trade turbulence

Macro wrap:  Update on the Public-Private Partnership law

Equity wrap: MWG VN (BUY; TP VND 160,300): 3Q19 results within our expectation despite a surge in SG&A expenses

Market wrap: VN-index ends lower on extended selling

Macro wrap:  Update on state budget: October 2019

Equity wrap: HT1 VN (Outperform; TP VND 17,600): 3Q19 review: Encouraging growth outlook driven by cost-cutting measures

Market wrap: VN-index ticks lower on trade doubts

Macro wrap:  Update on revised Securities Law

Equity wrap: STK VN (Outperform; TP VND 21,400): 3Q19 review: Growth will depend on recycled yarn orders