Daily/Weekly Report

Oil and gas stocks were the main force for the market slight gains today, despite news on a new COVID case in Hanoi

Stocks maintained the uptrend from yesterday on no new COVID cases in Hanoi and Ho Chi Minh City today, and the Deputy Prime Minister's determination not to impose another nationwide lockdown

Stocks rallied on HSBC's positive assessment for Vietnam's 2020E economic outlook

Stocks posted strong rebounds after the Prime Minister claimed that the nationwide lockdown would be applied as the last resort as it could cause prolonged interruption to socio-economic activities

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