Analysis Center
22
May
VCB – Earnings review – [BUY] – Subdued profit performance
1Q25 PBT was only up +1.3%yoy to VND10.86tn due to weak operating income growth despite lower risk provision expenses. 1Q25 PBT equaled 94% of KIS’s 1Q25 estimation. Our estimation was...
22
May
Derivatives: Uptrend maintained
With the second consecutive gaining session, the contract has reaffirmed the uptrend after breaking the Mar 2025 high. Therefore, traders may consider reopening long positions.
22
May
Market commentary: Continued momentum
Cash inflows continued to support the market, helping the index maintain its upward momentum with two consecutive gaining sessions. However, as the VNIndex approaches its March/2025 peak around the 1,340...
21
May
BSR – Brief – [NONRATED] – 1Q25: Prolonged difficulties
1Q25 volume grew 14% yoy, but revenue grew slower at 4% yoy, to VND31.9tn. 1Q25 gross profit remained weak at VND382bn under the pressures of (1) continued gross loss from...
21
May
Derivatives: Breakout session
The contract has reconfirmed the uptrend after breaking through the March 2025 peak. Therefore, investors may consider reopening long positions.
21
May
Market commentary: Market rebound
The market showed a strong recovery with rising liquidity, indicating improving investor sentiment. However, the current rebound remains insufficient to confirm a short-term trend reversal. Hence, investors are advised to...
20
May
Market traders: Foreign inflows remained positive
Domestic individual investors remained highly active, with trading value increasing by 40.7% WoW. In parallel, domestic institutional investors also significantly expanded their trading activity, with total value reaching VND116tn, up...
20
May
Derivatives: Caution increases
Sustained high liquidity suggests that short-term correction risks may emerge. Therefore, traders should remain cautious, monitor the market closely, and wait for further confirmation signals.
20
May
Market commentary: Real Estate bucked the market trend
Despite the recent pullback, the index remains above most key moving averages, indicating that the upward trend has not been fully disrupted and short-term buying interest still persists. Hence, investors...
Featured Analysis
Market commentary: Extended uptrend
Derivatives: Signs of caution?
Market commentary: Selling pressure on large-cap stocks
Market commentary: Green returns to the market
Derivatives: Bullish Engulfing candlestick
QTP – Earnings review – [BUY] – 2Q25: NPAT boosted as operational efficiency
PVB – Brief – [NONRATED] – 2Q25: Full speed ahead
