Analysis Center
24
April
Derivatives: Sideways trend?
Despite the recent rebound, volatility has increased. As such, investors should stay cautious, closely monitor the market, and time their entry appropriately.
24
April
Market commentary: Positive sentiment returns
The stock market continued to record positive developments with a spreading upward momentum, accompanied by the maintenance of high liquidity. This indicates that investor sentiment is gradually stabilizing and confidence...
23
April
TCB – Earnings review- [HOLD]- Underwhelming earnings growth in 1Q25
1Q25 PBT was down -7.2%yoy to VND7,236bn due to (1) lower net interest incomes (-2.3%yoy) and (2) lower non-interest incomes (-12.1%yoy). Meanwhile, operating expenses (+1.1%yoy) and provision risk expenses (-10%yoy)...
23
April
Market commentary: Foreigners net buying
The market experienced a volatile session as selling pressure unexpectedly intensified in the afternoon, dragging the index sharply lower. However, dip-buying demand quickly emerged, helping the index significantly pare its...
23
April
Derivatives: Rising volatility
As volatility increased in the latest session, traders should remain cautious, monitor the market closely, and select appropriate entry points for new positions.
22
April
Market commentary: “VIC” hits floor price
The market registered a declining session accompanied by high liquidity, indicating that persistent short-term selling pressure remains evident. Nevertheless, the index fluctuated within a narrow range, reflecting cautious investor sentiment...
22
April
Derivatives: Short-term caution
The contract trades within the 1,285-1,320 range. A breakout signal is needed to confirm the next direction. Traders should stay cautious and wait for clear signals before entering new positions.
21
April
Exchange rate pressure returns as trade war escalates
This week, the SBV returned to net liquidity withdrawal at a moderate level by rolling over repo contracts to ease maturing obligations. As a result, interbank rates declined across tenors,...
21
April
Covered warrant: Cautious sentiment
The CWs market saw a slight improvement in liquidity over the past week, indicating continued active cash flow. However, the number of declining warrants rose significantly, reflecting considerable investor caution...
Featured Analysis
Derivatives: Volatility near new highs
Derivatives: Rising liquidity
Market commentary: Broad-based gains
Market traders: Strong proprietary net outflows
Derivatives: Testing short-term moving averages
Market commentary: Demand rebounds
Exchange rate under pressure as interest rate gap widens
