Analysis Center

24
December
Market commentary: Waiting for confirmation from liquidity
The market continued its positive development as demand prevailed throughout the session. However, liquidity remains unstable, with trading volume fluctuating at a relatively low level, reflecting caution among investors. Therefore,...

23
December
SBV strengthens liquidity withdrawal amid amplified USDVND pressure
This week, the SBV strengthened liquidity withdrawal as exchange rate pressures intensified. As a result, the interbank rate curve shifted upward across most tenors following the SBV’s actions. On the...

23
December
Covered warrant: Cautious market
During the past week, although trading activity remained sluggish, the number of CWs that increased in price showed significant improvement. However, we believe that now is not the optimal time...

23
December
Market Trader: Foreign investors sold heavily
Foreign investors continued to net sell for the third consecutive week, with a net selling value of VND1.3tn. Overall, they have net sold in 43 out of 51 weeks of...

23
December
Derivative: Waiting for a breakout signal
The contract has formed an accumulation phase around the range of 1,315-1,322 pts. This is an accumulation phase and will require a signal to confirm the next trend. Based on...

23
December
Market commentary: Demand returns
The market saw a positive development as demand returned actively after a previous session of fluctuations. However, liquidity remains unstable, which prevents confirming a clear trend. Therefore, investors should observe...

23
December
Chart of the day: Continuing Caution
Although selling pressure increased last Thursday, the index has not yet confirmed a corrective phase. Thus, additional signals are needed to confirm the upcoming trend.

20
December
Derivatives: Selling pressure
The contract indicates several negative signals regarding the formation of a bearish trend. As a result, a corrective phase is likely to unfold in the upcoming sessions.

20
December
Market commentary: Pessimistic sentiment
The market's volatility, accompanied by increased liquidity, can be partly attributed to the expiration of derivative contracts and the SBV decision to sell USD to stabilize exchange rates. Additionally, the...