Analysis Center

25
April
Derivatives: Waiting for a breakout signal
Despite the recovery, volatility has increased recently. As a result, traders should stay cautious, monitor the market closely, and time their position openings carefully.

24
April
CNG – Earnings review – [HOLD] – 1Q25: Recovery is hitting a rough patch
1Q25 volume and revenue upped 35% yoy from the low base, fulfilling 88% and 83% of our forecast. Gross profit grew 69% yoy, fulfilling 68% of our forecast. NPAT was...

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.