Analysis Center
28
October
QTP – Earnings review – [BUY] – 3Q25: Earnings dented by margin pressure
In 3Q25F, revenue is estimated at VND2,056bn (-14% yoy) due to an estimated 28% yoy decline in average selling price, despite production increasing 20% yoy to 1,620mn kWh, as national...
28
October
Derivatives: Selling pressure returns
The downtrend has re-emerged, accompanied by rising trading volume in the latest session. Therefore, traders should wait for short-term rebounds to open new short positions.
28
October
Market commentary: Negative developments
Downside risks remain as the market continues to experience sharp corrections. Although a few short-term rebounds have occurred, the recovery amplitude has been limited, insufficient to reestablish a positive trend....
27
October
SBV injects significantly as liquidity pressures intensify
This week, the SBV executed its second-largest net injection of 2025, likely due to significantly intensified liquidity pressures ahead of the year-end credit push. This tightening was reflected in the...
27
October
Covered warrant: Sustained pressure
The covered warrant market continued to reflect a cautious sentiment, as liquidity weakened and the number of declining warrants remained dominant. This indicates that capital inflows have yet to return,...
27
October
Derivatives: Selling pressure returns
The lack of consistency among technical indicators makes it difficult to clearly define the short-term market trend. Hence, traders should remain cautious and closely monitor market movements before opening new...
27
October
Market commentary: Market volatility
The market experienced mild volatility as liquidity remained subdued. Furthermore, the fact that the index continued to close below its 10-day and 20-day moving averages suggests that the short-term downtrend...
27
October
Chart of the day: Bull trap?
The market continues to show mixed technical signals, suggesting that a downtrend may resume. Therefore, investors should closely monitor the market and wait for clear reversal signals before re-entering new...
24
October
VOS – Brief – [NONRATED] – Profits surge thanks to higher rates
In 3Q25, VOS reported a VND850bn revenue (+2% QoQ, -33% YoY). Shipping revenue VND539bn (+8% QoQ, +10% YoY) thanks to increased tonnage and higher rates in both dry bulk and...
Featured Analysis
VCB – Earnings review – [BUY] – Awaiting the return
SBV maintains liquidity injection as demand persists
Covered warrant: Cautious sentiment
Derivatives: Sell signal
Market commentary: Downside risks remain present
Chart of the day: Sell signal
VSC – Brief – [NONRATED] – Profit Boosted by Port Fee Hikes
