Analysis Center
19
May
GMD – Brief – [NONRATED] – Gemalink drove 1Q26 results
In 1Q26, GMD announced a total revenue of VND1,452bn. Port operation generating VND1.4tn revenue (89% of total revenue, -10% QoQ, +14% YoY). Growth was primarily driven by a 15-20% hike...
19
May
Market traders: Proprietary trading recorded strong net selling
By investor group, trading activity among domestic retail investors recorded a slight increase of 0.8%. Meanwhile, domestic institutional investors saw trading activity decline by 3.1% from the previous week.
19
May
Covered warrant: Liquidity improved
During the past week, liquidity in the covered warrant market improved, although the number of declining covered warrants continued to outnumber advancing ones. This development indicates that investor sentiment remains...
19
May
Derivatives: Continued accumulation
Traders should wait for a confirmed breakout signal before concluding that the short-term uptrend has resumed. Until that signal emerges, a cautious, observational stance is advisable.
19
May
Market commentary: Market recovery
The market rebounded but continued to experience volatility around newly established peak levels, indicating that profit-taking pressure is gradually increasing as the index moves higher. Nevertheless, the current uptrend remains...
18
May
HDG – Brief – [NONRATED] – Earnings weighed down by provisions
In 1Q26, revenue reached VND684bn (+14% yoy, -23% qoq, figure 1), mainly driven by the real estate segment and hotel services. Gross profit came in at VND442bn (+10% yoy, figure...
18
May
FX pressure continues as inflationary pressures intensify
In 20W26, the SBV shifts to a modest net liquidity withdrawal from the banking system to balance systemic positions. This cautious absorption of excess funds drives short-term interbank rates slightly...
18
May
Derivatives: Consolidation around the MA10
Investors should wait for an additional breakout signal to confirm that the short-term uptrend has resumed. Until that signal materializes, a cautious, observational stance is recommended.
18
May
Market commentary: Selling pressure emerges
The market closed lower, reflecting investors’ cautious sentiment as the index moved deeper into peak territory, causing upward movements to become more volatile and range-bound. Nevertheless, the prevailing uptrend remains...
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?
