Analysis Center
01
August
PVS – Earnings Review – [BUY] – 2Q25: Full steam ahead
PVS’s 2Q25 revenue continue to witness a solid growth of 33% yoy (+28% qoq) to VND7.38tn, which fulfilled 91% of our 2Q25 forecast. 2Q25 gross profit was recorded at VND441bn,...
01
August
GAS – Earnings Review – [BUY] – 2Q25: One-off provision reversal boosted bottom line
GAS’s 2Q25 revenue flatted at VND30.1tn, fulfilling 96% of KIS’s forecast. Gross profit (GP) reached VND4.95tn (-14% yoy), reaching 99% our forecast. Gross profit margin (GPM) remained stable at 16.5%...
01
August
REE – Earnings review – [HOLD] – 2Q25: Steady surge in utilities
REE recorded a revenue of VND2,516bn (+15% yoy,). The main reason comes from an improvement in utilities and real estate segments. The gross margin record increased to 33.9% (+2.7% yoy),...
01
August
Derivatives: Testing the 20-day moving average
Although the market remains in a corrective phase, the downtrend could soon come to an end if high liquidity is sustained. Traders are therefore advised to monitor market movements closely...
01
August
Market commentary: Divergent market performance
Although the market faced intraday corrections, the overall uptrend remains intact, as the index continues to hold above most key moving averages. This indicates that the broader trend has not...
31
July
Derivatives: Waiting for the next signal
While investor sentiment remains cautious, the downtrend may soon come to an end as liquidity improved in the previous session. As such, traders are advised to closely monitor the market...
31
July
Market commentary: Foreigners reversed strongly to net buying
Although the index rebounded, the risk of short-term corrections remains as profit-taking pressure increases and investor sentiment stays cautious. Hence, investors are advised to observe closely and wait for further...
30
July
Derivatives: Downtrend ahead?
Although the contract experienced a significant drop, the long-term uptrend remains intact. As such, investors are advised to monitor the market closely and wait for appropriate opportunities to initiate long...
30
July
Market commentary: Liquidity hits record high
The market experienced a sharp correction amid record-high liquidity. This development suggests a significant increase in selling pressure, reflecting investor caution and short-term downside risk. Hence, investors are advised to...
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
