Analysis Center
22
May
DCM – Brief – [NONRATED] – 1Q26 earnings down, IP gross margin improved
In 1Q26, SZC reported VND102bn revenue (-73% QoQ, -75% YoY). The sharp decline in revenue was due to new revenue recognition on allocation basis, unlike the previous one-off recognition of...
22
May
Derivatives: Continue to observe
Traders should monitor further confirmation signals before taking action. Based on those signals, appropriate positions can then be re-established accordingly.
22
May
Market commentary: Low liquidity
The market closed lower alongside a notable decline in liquidity, indicating that cash flows are showing signs of staying on the sidelines. This development also suggests that the index is...
21
May
DCM – Brief – [NONRATED] – 1Q26: Robust ASPs growth boosted earning
1Q26: ASPs growth pushed by the Middle East conflict DCM reported 1Q26 revenue of VND5,286bn (+55% yoy, ~101% of KIS forecast), driven by (1) 38% growth in sales volume and...
21
May
Market commentary: Market reversal
The market posted a slight gain alongside higher liquidity, indicating that underlying support remains in place and helping preserve the medium- and long-term uptrend. However, intermittent selling pressure also suggests...
21
May
Derivatives: Signal Observation
Investors need to monitor additional signals to confirm the upcoming trend. Based on these signals, investors can reopen suitable positions.
20
May
GDA – Brief – [NONRATED] – 1Q26 – Difficulties remain
In 1Q26, GDA recorded revenue of VND3,589bn, down 9.7% yoy. The revenue decline stemmed from both sales volume and average selling price (ASP). Gross profit in 1Q26 reached VND160bn, down...
20
May
Derivatives: A Sell Signal?
Traders should monitor further confirmation signals before making a decisive move. If negative signals persist, re-establishing short positions may be considered.
20
May
Market commentary: Selling pressure around elevated price levels
The market experienced a volatile session alongside rising liquidity, indicating a clear tug-of-war between profit-taking pressure and buying demand. This development suggests that the market may be entering a short-term...
Featured Analysis
Derivatives: Continue to observe
Market commentary: Low liquidity
DCM – Brief – [NONRATED] – 1Q26: Robust ASPs growth boosted earning
Market commentary: Market reversal
Derivatives: Signal Observation
GDA – Brief – [NONRATED] – 1Q26 – Difficulties remain
Derivatives: A Sell Signal?
