Analysis Center
03
November
SBV maintains liquidity injection as demand persists
This week, the SBV maintained its net liquidity injection, albeit at a modest level, mainly to offset the withdrawal pressure from maturing repo contracts. Specifically, the interbank yield curve diverged,...
03
November
Covered warrant: Cautious sentiment
The covered warrant market remained under pressure, as liquidity continued to decline and the majority of warrants posted losses. This trend indicates a prevailing cautious sentiment among investors and reflects...
03
November
Derivatives: Sell signal
Current signals indicate a progressively confirmed down-trend; however, additional technical confirmation is still required to fully validate this trajectory. Meanwhile, traders should exercise caution, carefully monitor market developments, and wait...
03
November
Market commentary: Downside risks remain present
The market continued to weaken for the second consecutive session, reflecting prevailing cautious sentiment. Moreover, the absence of new inflows suggests that investors remain hesitant about a short-term recovery. In...
03
November
Chart of the day: Sell signal
Short-term risks increased after two consecutive declines at the end of last week, suggesting that a short-term downtrend may resume. Therefore, investors should remain cautious, observe market movements carefully, and...
31
October
VSC – Brief – [NONRATED] – Profit Boosted by Port Fee Hikes
VSC's 3Q25 revenue rose 19% YoY to VND844bn thanks to higher throughput volume and service fees. Financial income significantly increased thanks to cash dividends from GEX and HAH, while financial...
31
October
TCB – Earnings review- [HOLD]- Proactive expansion, Trend capture
3Q25 PBT continued to improve quarterly + 4.4%qoq and +14.4%yoy to VND8,250bn, thanks to strong growth of operating incomes (+21.2%yoy/11.8%qoq). 3Q25 earnings results are relatively in line with KIS’s estimate....
31
October
Market commentary: Selling pressure
After two consecutive recovery sessions, the market failed to sustain its upward momentum as selling pressure returned, driving the index below its 50-day moving average. This indicates that short-term downside...
31
October
Derivatives: Selling pressure intensifies
Current signals remain inconsistent, so traders should stay cautious, continue to monitor market movements, and wait for clearer confirmation of the trend before reopening new positions.
Featured Analysis
SBV continues net liquidity withdrawal
Derivatives: Sell signal
Market commentary: Selling pressure persists
Chart of the day: Short-term peak
DCM – Brief – [NONRATED] – 1Q26 earnings down, IP gross margin improved
Derivatives: Continue to observe
Market commentary: Low liquidity
