Weekly Report

[Market Commentary] Vietnam stock market had a slight gain thanks to improved investor sentiment given positive domestic macro information [Futures/ETFs] All four futures contracts posted losses against the increase in the VN30 Index. [Market Movers] PVS, HVN

[Market Commentary] Vietnamese stocks rallied today amid positive market sentiment given promising macro data released lately. [Futures/ETFs] All futures contracts posted gains alongside the VN30. Market liquidity modestly rebounded and focused on contract F2001. [Market Movers] PVD, FLC [Macro/Strategy] 2019 GDP & Inflation

[Market Commentary] Both exchanges saw a decline given the increasing sell-down of large caps to the close, despite the positive news from domestic and regional markets. [Futures/ETFs] Futures contracts were mixed with F2001 & F2002 dropping, F2003 gaining, and F2006 staying flat amid low liquidity. [Market Movers] PC1, HBC [Company Updates] November exports (VHC)

[Market Commentary] The two indices traded in a narrow range with quite balanced market breath, high liquidity, and posted modest gains to the close. [Futures/ETFs] All four futures contracts picked up in line with rising VN30 Index. [Market Movers] MWG, VPB [Company Updates] Dung Quat – Hoa Phat Visit (HPG)

[Market Commentary] The market see-saw in a narrow range amid dipping liquidity and market breadth favoring laggards. [Futures/ETFs] All futures contracts (except for F2006 posted slight losses amid low liquidity) rallied in line with the VN30. [Market Movers] MSN, REE

[Market Commentary] Vietnam stock market was mixed amid high liquidity and market breadth favoring laggards. [Futures/ETFs] Four futures contracts saw contrasting movements with F2001 & F2003 dropping slightly alongside the VN30 and F2002 & F2006 gaining slightly amid low liquidity. [Market Movers] VNM, PNJ [Company Updates] November performance (MWG)

[Market Commentary] VN-Index saw the second gaining day given the recovery of benchmark stocks like Vinhomes (VHM), Vinamilk (VNM), & Vietcombank (VCB), spreading positive sentiment to the overall market. [Futures/ETFs] All four futures contracts posted gains alongside the VN30 Index [Market Movers] SAB, HPG [Macro/Strategy] Moody’s lowers Vietnam outlook

[Market Commentary] Hopes for the pick up in ETF buying from foreigners in 2020 offset concerns from today's downgrade in Vietnam's outlook by Moody's to allow the VN Index to post modest gains. [Futures/ETFs] January contracts closed down as the VN30 was hit at the close on today's expiry and as concerns linger over the restructuring of a few heavy weight blue chips in the VN30 index. [Market Movers] VPB, STB, PVD

[Market Commentary] The VN Index closes down for the fourth day amid falling liquidity and light foreign selling as concerns linger on the restructuring and growth outlook for several large caps. [Futures/ETFs] December and January contracts closed in backwardation as liquidity picks up on January contracts, with locals continuing to rollover into Thursday's expiry and foreigners focusing most trading on December contracts. [Market Movers] VIC, GAS, FPT [Company Updates] November performance (FPT:HSX)

[Market Commentary] The VNIndex closed at the low of the day after trading weak since the morning session and succumbing to further selling in benchmark stocks into the close (VHM, VNM, VCB & GAS) [Futures/ETFs] All futures contracts fell in line with the correction in the VN30 Index as locals begin to rollover to the January expiry, while foreigners opt to unwind December expiry into year-end [Market Movers] MBB, MWG [Company Updates] Nov Electricity Output (POW:HOSE)