Analysis Center
18
November
SBV continues its liquidity injections
This week, the SBV continued to significantly issue repo contracts as liquidity issues remain unresolved in the banking system. Specifically, interbank rates continued to climb across all tenors, with overnight...
18
November
Market Trader: Liquidity rises again
Proprietary trading desks recorded their 7th consecutive week of net buying, with a net purchase value of VND919bn, more than tripling compared to the previous week. Over the past seven...
18
November
POW – Brief – [HOLD] – Positive information for NT3&4 and 2025 prospects
On 15th, we attended POW’s analyst meeting. Here are some notable highlights: (1) POW recorded October revenue at VND2,261bn (+4% yoy), supported by a 13% yoy rise in production output,...
18
November
Derivatives: Breaking the Sep 2024 bottom
Current signals indicate that the bearish trend dominates in the short term. Therefore, traders should cautiously monitor the upcoming trend to make appropriate investment decisions. Notably, following the sharp decline...
18
November
Market commentary: The red territory covered the market
Downside risk continues to increase as the market undergoes a strong adjustment. Moreover, VNIndex continued to close below most major moving averages, implying that the short-term downtrend remains dominant. Hence,...
18
November
Chart of the day: Breaking the Sep bottom
The downtrend is dominant in the short term, with selling pressure intensifying in the last two sessions of the previous week. Therefore, the downtrend has been confirmed, and investors should...
15
November
CTG – Brief – [NONRATED] – Outperformance
3Q24 PBT climbed by +34.5%yoy to VND6,553bn thanks to higher net interest incomes (+19%yoy) and high incomes from bad-debt collections, compensating by an increase in risk provision expenses (+25%yoy) and...
15
November
Derivatives: Downtrend dominates
Current signals indicate that the downtrend holds the advantage in the short term. Traders should exercise caution and closely observe the upcoming trend to make appropriate investment decisions.
15
November
Market commentary: Confirmation of the downtrend
The index continues to signal a negative downtrend with a sharp decline, forming a new low below the Sep 2024 level. This implies that downside risks remain. Therefore, investors should...
Featured Analysis
Derivatives: Piercing line pattern
Market commentary: Broad-based gains
Derivatives: Downtrend returns
Market commentary: Low liquidity
VCB – Earnings review – [BUY] – Maintaining asset quality
Covered warrant: Negative movements
Derivatives: Spinning top
