Analysis Center
13
May
BID – Earnings review – [BUY] – Unchanged earnings
1Q25 profit before tax stayed flat, +0.3%yoy to VND7,413bn due to weak operating incomes: modest increase in net interest incomes (+3.0%yoy), investment incomes (+103%yoy), and other incomes (+143%yoy), compensating for...
13
May
Market traders: Proprietary traders recorded strong net buying
Domestic institutions demonstrated a significant surge in trading activity, with a total value reaching VND85tn, an increase of nearly 400% from the previous week. Specifically, net buying accounted for VND41.7tn...
13
May
Market commentary: Positive developments
Cash flow continued to support the trend as the market recorded a positive session with improved liquidity. Furthermore, the index successfully tested its 50-period moving average and continued to maintain...
13
May
Derivatives: Testing the march 2025 peak
The uptrend has been confirmed with a strong gaining session and rising volume. Therefore, investors may consider maintaining long positions.
12
May
REE – Earnings review – [BUY] – 1Q25: Power segment remains key driver in 1Q25
REE recorded a revenue of VND2,068bn (+13% yoy). The gross margin record increased to 46% yoy (+6%p yoy), leading to the gross profit going up to VND950bn (+28% yoy). Additionally,...
12
May
MSH – Brief – [NONRATED] – Solid growth in 1Q25 but risks loom from 2Q25F onward
in 1Q25, MSH’s revenue posted to VND1,036bn (+34.5% yoy/ -27.5% qoq), the MSH’s revenue growth outperformed compared to Vietnam T&G export thanks to the robust growth of CMT orders. Gross...
12
May
SBV resumes liquidity injection
This week, the SBV returned to liquidity injection, albeit at a moderate level, into the banking system after three consecutive weeks of net liquidity withdrawal. The interbank curve flattened as...
12
May
Covered warrant: Cautious optimism
Trading activity in the CWs market last week continued to maintain caution, recording a second consecutive week of decline. However, the number of covered warrants with price increases continued to...
12
May
Market commentary: Intraday divergence
Despite the minor market correction, a positive indicator is that the index successfully maintained its position above the 20-period moving average, implying a short-term upward trend. Therefore, investors may consider...
Featured Analysis
Market commentary: Liquidity declines
Derivatives: Consolidation phase
Market commentary: Maintaining the uptrend
Derivatives: Finding a bottom
Market commentary: Green returned
Market traders: Extend the liquidity uptrend
Derivatives: Downside phase
