Analysis Center

23
May
Derivatives: Retesting the 1,400 zone
Although a correction occurred, the uptrend has not been reversed, even though risks are beginning to rise. Therefore, traders should remain cautious, monitor the market closely, and wait for further...

23
May
Market commentary: Correction pressure
Profit-taking pressure became more pronounced as the index approached the peak set in Mar/2025, preventing a breakout. In the short term, correction risks remain present and may persist in the...

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...