Analysis Center
03
January
Market commentary: Low liquidity
Trading activity remained subdued as liquidity stayed at a low level. However, the market still recorded optimistic signals as it made efforts to regain the green during the session, indicating...
30
December
Covered warrant: Subdued activity
Through the previous week, pessimistic sentiment continued to dominate the CWs market, with the number of declining CWs outpacing those increasing. We believe that now is not the optimal time...
30
December
SBV injects significantly to ease year-end liquidity pressure despite amplified USDVND strain
In the final week of 2024, the SBV injected significant liquidity as interbank rates surged sharply due to year-end demand. However, this action, combined with external global macro factors, has...
30
December
Market Trader: Improved liquidity
Foreign investors returned to net buying with a value of VND267bn. Overall, this group has been net selling in 43 out of 52 weeks in 2024, with a total value...
27
December
Oil & Gas sector – In-depth – [NEUTRAL] – 2025 Outlook: LNG gains the spotlight
We strongly believe that LNG segment could be bright spot for Oil & Gas sector in 2025F. LNG consumption, led by the official run of Nhon Trach 3&4 LNG-fired power...
24
December
Derivatives: Low liquidity
The contract has formed a consolidation phase around the 1,326–1,323 range. This phase will require a clear signal to confirm the next trend. Based on this signal, traders can consider...
24
December
Market commentary: Waiting for confirmation from liquidity
The market continued its positive development as demand prevailed throughout the session. However, liquidity remains unstable, with trading volume fluctuating at a relatively low level, reflecting caution among investors. Therefore,...
23
December
SBV strengthens liquidity withdrawal amid amplified USDVND pressure
This week, the SBV strengthened liquidity withdrawal as exchange rate pressures intensified. As a result, the interbank rate curve shifted upward across most tenors following the SBV’s actions. On the...
23
December
Covered warrant: Cautious market
During the past week, although trading activity remained sluggish, the number of CWs that increased in price showed significant improvement. However, we believe that now is not the optimal time...
Featured Analysis
Market commentary: Foreigners net sell “VIC”
Derivatives: Continued correction
Market commentary: Cautious developments
March 2025: Muted sound of real estate issuance
Market commentary: Wide-spread selling pressure
Derivatives: Profit-taking pressure
Sector Note – 1Q25F forecast: Recovery but slowdown
