Hydropower

July

Power – In-depth – [NEUTRAL] – 2H25 Outlook: The dawn of green energy

Based on the growth rates in 1Q25 and 2024, we estimate national power consumption in 2H25F under two scenarios: Scenario 1 (+3.9% yoy) & Scenario 2 (+8% yoy). Hydropower: 2H25F:...

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Featured Analysis

Market traders: Proprietary traders recorded strong net selling

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Derivatives: Awaiting the next signal

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Market commentary: Green returns

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Covered warrant: Liquidity continues to increase

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Derivatives: Bearish sentiment

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Market commentary: Broad-based selling pressure

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SBV returns to net liquidity injection amid cooling interbank rates

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Market commentary: Negative developments

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