Daily Call

Market wrap: Bourses reached new ATH on abundant liquidity

Macro wrap: Update on the Decree 95/2021/NĐ-CP on the petroleum trade

Equity wrap: FPT VN (BUY; TP VND 112,500): AM note – Rebound in Japan, upcoming big deal with property company, and solid double digit growth guidance for FY22.  

Market wrap: Bourses eased down on topped liquidity

Macro wrap: Update on the Covid situation

Equity wrap: STK VN (Outperform; TP VND 69,400): Higher selling price will continue in 4Q21

Market wrap: Bourses kept advancing on blue chips gain

Macro wrap: Update on Vietnam macro data for October

Equity wrap: POW VN: Technically lower O&M expenses booked for Ca Mau plant in 3Q 2021

Market wrap: VN-Index jumped to a new ATH

Macro wrap: Update on October FDI data

Equity wrap: CTG VN: 3Q 2021 quick update 

Market wrap: VN-Index broke ATH amid rumor on post Covid-19 stimulus

Macro wrap: Stimulus package revisited

Equity wrap: SAB VN (BUY; TP VND 190,000): Q3’21 Earnings quick update – The worst is likely over

                      GAS VN (Outperform; TP VND 130,000): Upbeat Q3 earnings thanks to strong oil price

Market wrap: Stocks recovered with lower liquidity

Macro wrap: Update on retail pump prices and price control

Equity wrap: MBB VN (Outperform): Fortifying the buffer to absorb credit risk

Market wrap: VN-Index dropped as blue-chips were heavily sold

Macro wrap: Update on the 2021 - 2025 divestment plan

Equity wrap: PC1 VN (Outperform; TP VND 46,800): Eyes on wind projects

Market wrap: Bourses closed in green despite latter hiccup

Macro wrap: Labor shortage, power crunch and stimulus package

Equity wrap: REE VN: 3Q2021 prelim – Uneven move in hydropower segment 

Market wrap: VN-Index closed at intraday low on VN30F1M expiry date

Macro wrap: Update on the Vietnam recovery status

Equity wrap: PNJ VN (Market Perform; TP VND 101,300): Q3’21 Update – Weak results as expected

                       NBC VN: Pandemic take a hit on 3Q, and earnings stubborn even with soaring global coal

Market wrap: Indices noon crash triggers retails buying frenzy, liquidity surges

Macro wrap: Update on the National Assembly meeting

Equity wrap: FPT VN (BUY; TP VND 112,500): Solid double-digit growth in 3Q2021 despite the fourth Covid resurgence, led by Global IT segment

Market wrap: Stocks correct at the psychological level 

Macro wrap: Update on reopening plan and the National Assembly meeting

Equity wrap: VNDiamond Index and HOSE Indexes 4Q21 review update 

Market wrap: Bourses lingered in the green zone on abundant liquidity

Macro wrap: The E in ESG

Equity wrap: SSB VN: Profitability improved substantially, still low NIM and CASA

Market wrap: VN-Index manages to close in green despite increasing selling pressure

Macro wrap: Thoughts on stimulus package

Equity wrap: ACB VN (BUY; TP VND 40,000): 3Q21 prelim results

                      VSC VN: 3Q21 prelim results

Market wrap: VN-Index correct on muted liquidity

Macro wrap: Update on the roadmap to Vietnam reopening summary

Equity wrap: DGW VN (Outperform; TP VND 140,000): 3Q21 prelim results

                       HDB VN (Outperform; TP VND 32,000): Q3 prelim result and Convertible bond issuance

Market wrap: Main bourses managed to close in green despite heavy profit taking pressure

Macro wrap: Update on the 3Q banking review meeting

Equity wrap: QNS VN (BUY; TP VND 60,800): Reporting its best Q3 ever