Weekly Report

Stocks inched up on World Bank's rosy forecast for Vietnam economy but tumbled due to the first death from Coronavirus in the afternoon

Stocks regained some lost points on the Fed's claim to maintain the current easing monetary policies and partly reassured Coronavirus concerns thanks to Vietnam Government's accelerated contact tracing and virus tests

Stocks plunged on fears of new COVID-19 case in Hanoi right from the early morning and hit the bottom after lunch, before posting modest recoveries into the close thanks to the Prime Minister's decision on not to apply the social lockdown yet

Stocks posted strong rebounds thanks to the bottom catching demand in the afternoon after sharp declines seen in the last two days

Earnings updates on Hoa Phat Group (HPG)

Stocks collapsed on news about the first new COVID-19 case in Da Nang since April 16

Stocks slightly rose thanks to the support from Vin family stocks, while the global stock markets also traded better on better-than-expected corporate earnings

Stocks closed down on concerns about 2Q weaker than expected earnings, and the complicated movements of the pandemic

Stocks posted slight gains as banks like Vietcombank (VCB, + 0.4%) & Military Bank (MBB, +0.6%) rebounded on news the State Bank was collecting opinions to delay the effective date of the Circular 22/2019 aimed at reducing short-term capital used for medium and long-term loans

Large caps collapsed and pushed other stocks down due to concerns about lower-than-expected 2Q earnings and complicated COVID-19 developments in the world