Weekly Report

[Market Commentary] Stock rallied into the close after the Prime Minister announced the re-opening of most remaining non-essential services with no new community-transmitted COVID-19 cases in the past 21 days [Futures/ETFs] Futures surged and the basis closed positive as foreigners scrambled to cover short positions after the late-day rally in the VN30 cash market [Market Movers] BVH [Macro/Strategy] MoF Market Support Measures

[Market Commentary] Stocks surged after news came out that the Prime Minister committed to minimum 5% GDP growth for this year in a follow up speech made to government officials yesterday [Futures/ETFs] Futures closed at the high of the day after strong cash markets and foreign short covering sharply narrowed the basis [Market Movers] BHN

[Market Commentary] Stocks staged a modest rebound after the Prime Minister delivered a speech voicing his confidence that Vietnam’s GDP growth would beat the IMF’s 2.7% forecast [Futures/ETFs] Futures closed higher in light trading after the VN30 cash index staged an afternoon recovery and foreign buying narrowed the backwardation in the basis [Market Movers] HPG, GAS [Company Updates] GMD, MSN, PLX, HDB

[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