Analysis Center
18
May
Chart of the day: New all-time high
Although the uptrend remains intact, the possibility of a short-term consolidation phase cannot be ruled out. Investors should therefore wait for additional confirmation signals before adding new positions.
16
May
HDB – Brief – [NONRATED] – Credit Expansion Phenomenon
1Q26 PBT rose by +14.0%yoy to VND6,107bn, thanks to robust growth in net interest incomes (+14.5%yoy) and net fee incomes (+26.8%yoy), and manageable expenses on operation and risks provision. 1Q26...
15
May
VOS – Brief – [NONRATED] – Swings to Profitability
Elevated freight rates vs. low utilization and rising fuel costs In 1Q26, VOS reported VND709bn revenue (-26% QoQ, +53% YoY), and swung back to profitability with a GP of VND39bn....
15
May
Market commentary: Extending the upward momentum
The market recorded another upward session, indicating that buying demand and the prevailing uptrend remain intact. However, liquidity declined significantly, partly reflecting investors’ cautious sentiment as the index moves toward...
15
May
Derivatives: Breakout signal
Traders should wait for one additional breakout confirmation before concluding that the uptrend has resumed. Until that signal materializes, a cautious and observational stance is advised.
14
May
NKG – Brief – [NONRATED] – 1Q26: Significant challenges remain
In 1Q26, NKG recorded revenue of VND3,261bn, down 20.3% YoY . Based on NKG’s galvanized steel price movements over the last two quarters and published revenue by market, we estimate...
14
May
PHR – Brief – [NONRATED] – 1Q26: Receiving compensation from THACO
In 1Q26, PHR reported VND468bn net revenue (-6% QoQ, +50% YoY, figure 1), gross profit increased to VND116bn (-26% QoQ, +14% YoY, figure 2). Net profit came in at VND285bn...
14
May
Market commentary: Energy sector in the spotlight
Despite the previous session's pullback, the market still exhibits positive signals, as liquidity has declined over the past few sessions. In addition, the index formed a small-bodied candlestick with a...
14
May
Derivatives: Waiting for a breakout signal
The current pullback can be interpreted as an accumulation phase. Traders are advised to exercise caution, monitor the market closely, and wait for a clear reversal signal before reopening new...
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?
