Analysis Center

18
November
Market commentary: The red territory covered the market
Downside risk continues to increase as the market undergoes a strong adjustment. Moreover, VNIndex continued to close below most major moving averages, implying that the short-term downtrend remains dominant. Hence,...

18
November
Chart of the day: Breaking the Sep bottom
The downtrend is dominant in the short term, with selling pressure intensifying in the last two sessions of the previous week. Therefore, the downtrend has been confirmed, and investors should...

15
November
CTG – Brief – [NONRATED] – Outperformance
3Q24 PBT climbed by +34.5%yoy to VND6,553bn thanks to higher net interest incomes (+19%yoy) and high incomes from bad-debt collections, compensating by an increase in risk provision expenses (+25%yoy) and...

15
November
Derivatives: Downtrend dominates
Current signals indicate that the downtrend holds the advantage in the short term. Traders should exercise caution and closely observe the upcoming trend to make appropriate investment decisions.

15
November
Market commentary: Confirmation of the downtrend
The index continues to signal a negative downtrend with a sharp decline, forming a new low below the Sep 2024 level. This implies that downside risks remain. Therefore, investors should...

15
November
Retail – Note – [NONRATED] – A run-up for the peak sales season
Despite the Yagi Typhoon impacts, we saw a continuing recovery of listed retailers/distributors in 3Q24. In 4Q24F, we believe that consumer spending would be stronger because of (1) the recovery...

15
November
Quant Note – 3Q24 wrap-up: On right track
NPAT-MI growth reached up to 27.9% yoy in 3Q24, and the positive growth chain continued expanding. Even though NPAT-MI growth in 3Q24 was higher than 2Q24's 15.6% yoy, it is...

14
November
HDG – Brief – [NONRATED] – Energy supported growth trend while awaiting Charm Villas phase 3
HDG’s 3Q24 revenue amounted to VND567bn, up 23% yoy, driven by growth in both the energy and leasing & hotel services segments. Besides, the GP rose by 33% yoy to...

14
November
Derivatives: Volume increase
With the failure of the Tweezer Bottom pattern on the hourly chart, the downtrend is expected to continue in the coming sessions. Traders should cautiously monitor the next trend developments...