Analysis Center
25
May
HAH – Brief – [NONRATED] – Shipping segment drove 1Q26 profit growth
In 1Q26, HAH reported VND1,265bn net revenue (-3% QoQ, +8% YoY). Shipping revenue surged to VND1,273bn1 (79% of total revenue, -2% YoY). NPAT-MI came in at VND300bn (-2% QoQ, +29%...
25
May
SBV continues net liquidity withdrawal
This week on the open market operations, the SBV continued its net liquidity withdrawal for a second consecutive week, albeit at a moderate level, helping to reduce pressure from maturing...
25
May
Derivatives: Sell signal
The short-term downtrend received further confirmation following the end-of-week corrective session. As such, traders may consider re-entering short positions in the sessions ahead.
25
May
Market commentary: Selling pressure persists
The market recorded its second consecutive declining session, although liquidity remained at a relatively low level, suggesting that selling pressure has not become overly aggressive. Nevertheless, this development also reflects...
25
May
Chart of the day: Short-term peak
The short-term downtrend received confirmation following last week's correction in the VN-Index. Investors should therefore exercise caution and watch closely for reversal signals before opening new positions.
22
May
SZC – 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...
Featured Analysis
SBV ramps up repo injections
Derivatives: A reversal pattern?
Market commentary: Divergent movements
Chart of the day: Short-term sell signal?
SIP – Brief – [NONRATED] – Surging expenses dragged the 1Q26 net profit
Derivatives: Mounting selling pressure
Market commentary: Selling pressure persists
