Securities Firm Perspective: The correction may not be over yet; prioritize reducing stock exposure
Yuanta noted that the short-term sentiment indicator has dropped sharply into the pessimistic zone, suggesting that the appropriate short-term strategy is to rebalance portfolios and gradually reduce equity exposure. The trading session on September 27 saw a sharp increase in selling pressure across the entire market. The VN-Index closed down 26.18 points (-1.94%)…
Da Nang Adds New Plots to Its 2021 Land Use Rights Auction
Recently, Da Nang City leaders signed and issued a Notice regarding the policy of the Standing Committee of the City People’s Council on supplementing the list of land plots to be auctioned for land use rights in 2021. The Da Nang City People’s Committee had previously sent an official letter requesting that the Standing Committee of the City People’s Council approve the establishment of procedures for the auction of…
The Secret Behind Apple and Berkshire Hathaway’s Skyrocketing Stock Prices Despite Sluggish Profit Growth, and Lessons for the Vietnamese Stock Market
In a low-interest-rate environment, even the best companies—those with abundant cash flow but a lack of opportunities for effective reinvestment—will face their own challenges. Buying back shares is currently an option for many of the world’s top companies as one way to return…
How will the two ETFs, with a combined market capitalization of $1 billion, be positioned during the trading week of September 13–17?
According to the announcement, the FTSE Vietnam ETF will add KDH and VCI, while the VNM ETF will add nine Vietnamese stocks, including THD, SAB, DGC, KDC, DIG, VND, DPM, PVS, and SHS. Conversely, neither ETF will remove any stocks. The rebalancing will take place during the trading week of September 13–17…
Brokerage Perspective: Waiting for liquidity to improve; may accumulate more bank stocks
Vietcombank Securities (VCBS) believes that although the market has risen sharply in terms of points, liquidity has remained relatively low in recent sessions, indicating that large capital inflows have not yet truly returned to the market. The trading session on September 9 was quite positive as the VN-Index broke through 10.37…
BSC: “The less-than-positive outlook for third-quarter financial results will lead to divergence and sharp volatility in stock prices.”
BSC presents a more optimistic first scenario, in which the VN-Index maintains its upward momentum and heads toward the 1,400-point mark. If the pandemic is brought under control by mid-September, foreign investors return to net buying, and market sentiment remains optimistic—coupled with expectations of a post-pandemic recovery—these factors will support…
Brokerage Perspective: The VN-Index may experience sharp volatility in the 1,340–1,350-point range; investors should pay attention to the banking sector during correction phases
MBS Securities believes that determining whether the market has truly bottomed out at this point depends on signals from the blue-chip sector, particularly the banking sector. Some stocks in this group, such as TCB, STB, ACB, CTG, and BID, are still retesting their July lows. Before the holiday break, t…
The view of securities companies: Priority is given to lowering the proportion of shares before the holiday season
According to VCBS, finding profits during this period also means accepting a relatively high level of risk. The last trading session in August was quite positive when the VN-Index closed up 3.33 points (0.25%) to 1,331.47 points, thereby extending the series of consecutive gains to...
The trend toward shared telecommunications infrastructure is on the rise, and publicly traded companies are reaping significant profits thanks to TowerCo
Major telecommunications companies such as Viettel, VNPT, and Mobifone have signed agreements to share telecommunications infrastructure, and this trend is expected to grow in the coming years as 5G networks are rolled out. Investing in telecommunications infrastructure leasing (TowerCo) is a fairly p…
Brokerage Perspective: With a current information gap, the VN-Index faces strong resistance around the 1,350-point level
Against the backdrop of the market entering a period of limited news flow and the complex developments of the COVID-19 pandemic, securities firms have also adopted a cautious stance, forecasting that the VN-Index may experience significant volatility in the 1,340–1,350-point range. The trading week of August 23–27 continued with…
Pha Lai Thermal Power Plant (PPC) will pay an additional 400 billion VND in remaining 2020 dividends to shareholders
Previously, in July 2021, Pha Lai Thermal Power had just paid the fourth dividend installment for 2020 to shareholders at a rate of 12.5%. On September 22, Pha Lai Thermal Power Joint Stock Company (stock code PPC) will finalize the shareholder list for the remaining 2020 interim cash dividend at a rate of 12.5%, corresponding to shareholders holding 1 share…
Amid M&A Expectations in the Gaming Sector, Many Small-Cap Stock Prices Are on the Rise
Many investors are reaping substantial profits from securities stocks, particularly small-cap stocks. In addition to benefiting from the industry’s overall trend, these stocks are driven by M&A activity, management shake-ups, and foreign investor participation—all of which are fueling very strong price gains. The trend of acquiring small securities firms—primarily through stock purchases…