Weekly Report

[Market Commentary] Stocks closed lower after April macro data revealed the full impact from the COVID-19 lockdown and weak 1Q results weighed on individual stocks [Futures/ETFs] Futures fell in lighter trading on soft April macro data that led to weakness in the underlying VN30 cash index [Market Movers] SAB, POW [Macro/Strategy] April Macro Updates [Company Updates] PVD, VNM, BID, VSC, HVN, REE, POW

[Market Commentary] Stocks closed higher as banks rallied on lower April CPI and oil & gas stocks rebounded alongside higher oil prices during Asian trading [Futures/ETFs] The basis narrowed sharply after a market-on-close sell basket from the ETF rebalancing sends the VN30 cash index into negative territory [Market Movers] FRT, BMP [Company Updates] TCB, MWG, VIC, PVS

[Market Commentary] Stocks closed lower in mixed trading as falling oil prices continued to weigh on oil & gas stocks and investors digested earnings results [Futures/ETFs] Futures ended positive after Dow futures sparked a late-day rally but basis succumbs to local profit taking at the close [Market Movers] BID, HAG [Company Updates] VHM, VRE, PVT

[Market Commentary] Banks led the retreat in stocks after 1Q results revealed the deterioration in asset quality [Futures/ETFs] Local selling sent futures into deeper backwardation after the underlying VN30 cash index turned negative and May contracts dropped below the 700 level [Market Movers] VPB, HVN, ANV [Company Updates] VPB, MBB, CTG, VIB, HPG

[Market Commentary] Stocks closed higher as Vietnam reopens after lockdown and several retail chains confirm the restart of business. [Futures/ETFs] Late-day rally in the VN30 cash index triggered short covering and allowed the basis to close at its narrowest of the day [Market Movers] VNM, MWG, MBB [Company Updates] FRT, DGW, VCB, ACB

[Market Commentary] Profit taking caused stocks to pull back from a strong open after the Prime Minister lifted the nationwide lockdown from today [Futures/ETFs] Futures were slammed to low of the day in the closing auction after the VN30 cash index gave back morning gains [Market Movers] ACB, VJC

[Market Commentary] Collapsing oil prices rattled markets and sent stocks lower as many took profits after the 20% rally from the March low. [Futures/ETFs] VN30 futures broke below 700 and fell deeper into backwardation as foreigners aggressively shorted May contracts in heavy volumes [Market Movers] DXG, PNJ [Company Updates] GAS, ANV, PNJ, DXG

[Market Commentary] Stocks moved higher after the fifth-straight day of no new coronavirus cases raised hopes the Government will lift the coronavirus lockdown on April 22nd, with stocks now up 20% from the March low [Futures/ETFs] Futures ended down despite a positive close to the VN30 cash index and markets recovering more than 20% since the March low [Market Movers] VNM, KBC [Company Updates] Vinh Hoan Corp (VHC)

[Market Commentary] Stocks rose in a broad-based rally with the gradual rollback of the lockdown and second-consecutive day of no new coronavirus cases [Futures/ETFs] Futures traded higher as foreigners added new long positions throughout the session but late-afternoon local profit taking weakened the basis into the close [Market Movers] VIC, HVN

[Market Commentary] Stocks posted modest gains as the gradual rollback of the nationwide lockdown caused mixed trading led by sectors likely to benefit from government stimulus [Futures/ETFs] Foreigners mostly rolled over long positions to May contracts and closed out short positions at the expiry as the new forward contract quickly moved deep into backwardation [Market Movers] GAS, VJC