Weekly Report

The market this week was in a sideways drift, bottom-fishing cash flow supported the market well under existing selling pressure in recent weeks. VN-Index and HNX-Index decreased 958.28 (-0.17%) and 104.21 (-0.13%) respectively at the closing session.

The increasing pressure from the world market, including escalating trade tensions and falling oil prices to the bottom within two months, triggered the correction to VN-Index for two consecutive weeks. Market sentiment also became more cautious as liquidity returned to a low level. VN-Index and HNX-Index this week closed at 959.88 (-1.05%) and 104.35 (-0.99%).

Although the market this week had no contrasting moves with the world stock market, there is still a relatively positive trading week compared to the global stock indexes. Market liquidity has gradually improved over the week. VN-Index and HNX-Index this week closed at 970.03 (-0.66%) and 105.39 (0.38%). Main movements during the week: * Large-cap stocks, with a decrease of 0.68%, were the main reason for VN-Index's drop. On the contrary, small and medium cap stocks showed a slight increase at 0.11% and 0.02% respectively. * About sectors’ movements, industries which saw remarkable increases this week (Beer production, Rubber and Electronics & Electrical equipment... increased by 8.0%, 6.4% and 6.0%,…respectively), overwhelmed the losers (Cement, Forest Products & Wood Processing, Containers & Packaging... lost -4.6%, -4.4% and -2.5%... respectively). In Beer production industry, SAB shares recorded 4 consecutive gaining weeks of and headed to the peak of 2018 as investors' optimi

Despite unfavorable information from the world markets, the domestic market this week recorded a positive increase, with mid-cap stocks outperforming the general market. Liquidity improved slightly. VN-Index and HNX-Index closed at 976.48 (+2.51%) and 105.79 (-0.07%). Main movements during the week: * Mid-cap stocks led the market's gaining momentum, with a large increase (+ 2.05%). Large-cap stocks and small-cap stocks, though increasing less strongly than VN-Index, still had positive gains to +1.61% and +0.71% respectively. * The number of gainers/losers is relatively balanced on the HSX. However, the number of losers overwhelmed on the HNX (focusing on small-cap stocks). * Compared to fluctuations in the regional stock markets, Vietnam stock market is the only market that gained this week, while the markets of the Philippines, Thailand, and Indonesia... simultaneously plunged. P/E of Vietnam stock market is currently lower than the above markets. * From an industry perspective,

The unfavorable news from the trade negotiation has affected the sentiment of domestic investors, creating a strong sell-off in large-cap stocks. This time, buyers were quite cautious and stood out of the market, causing VN-Index and HNX-Index to have a strong dropping week, closing at 952.55(↓2.22%) and 105.86(↓0.95%).

Tra fish processing enterprises continued to gain significant earnings in the 1Q/ Worries about the failure of trade negotiations shadowed the global stock market today/ Investors are recommended to re-open some short-term positions for target stocks at downswings around strong support areas.

Asian stock markets continued to go down in Wednesday trading session/ M2 and credit growth by April 17 was 3.29% and 3.23% YTD/ Investors are recommended to re-open only a low proportion for trading positions at low price areas in declining sessions.

Today, Vietnam Airlines (HoSE : HVN) has been officially listed on the HOSE with the reference price of VND40,600 per share/ Recent adverse movements in the international have made USD exchange rates surge in commercial banks/ Chinese Vice Premier Liu He confirmed that he will still go to Washington on May 9-10 to have a talk with the US delegation/Investors who have opened short-term trading positions are recommended to keep the stock proportion at a low level and avoid buying at high prices.

Liquidity in the banking system saw marked improvements in the trading week from April 22 to May 03/The US-China trade tensions have currently exacerbated/ Investors are recommended to wait for deep declining sessions before re-opening some short-term trading positions

The index of industrial production in April, according to statistics from the GSO, showed positive results/ Petrol and oil prices went up about VND1,000 in the adjustment on May 02/Investors can wait for the next correcting sessions, after the stock prices come back around the support areas, to accumulate stocks again