Daily/Weekly Report

[Market Commentary] Stocks recovered from lows and closed with modest gains after the Chairman of the State Securities Commission announced support measures in a speech given to calm investors [Futures/ETFs] Futures volumes surged after March contracts moved into positive territory with the recovery in S&P futures and spike in oil futures during Asian trading hours [Market Movers] MSN, GVR [Maco/Strategy] Oil: Portfolio Recommendations – Deleting PVS & Switching into KBC [KBSV Model Portfolio] Remove: PVS Add: KBC

[Market Commentary] Vietnam joined the global rout in stocks after new COVID-19 cases in Hanoi over the weekend and collapse in oil prices led to the largest single-day drop for the VN-Index [Futures/ETFs] Fresh foreign short positions weighed on futures as March contracts closed at the low of the day [Market Movers] PVI, PHR

[Market Commentary] Absence of covid-19 cases limited Vietnam’s downside and prevented the VNIndex and VN30 Index from revisiting lows amid ongoing regional concerns over the outbreak [Futures/ETFs] Local short covering into the close allowed March contracts to regain the 830 level after trading as low as 823 [Market Movers] VRE, SBT

[Market Commentary] Stocks managed to hold gains in mixed trading after pulling back on the quarantine of the air crew and passengers on a Vietnam Air flight from Japan [Futures/ETFs] The failure of March contracts to break out triggered heavy local profit taking late in the day, with futures ending negative despite the VN30 closing positive [Market Movers] DIG, GAB

[Market Commentary] Stocks posted a modest drop and were supported by more details of the government’s VND250 trillion (USD10.8 billion) credit support package from the banks [Futures/ETFs] March futures closed up 0.4% despite the underlying VN30 index closing flat on the day on good strength in the basis [Market Movers] VNM, AAA, VIC

[Market Commentary] Stocks staged a cautious rebound as coronavirus concerns linger; oil & gas stocks rebound on oil prices and sugar stocks down on falling sugar prices [Futures/ETFs] March futures fell sharply and turned negative into the close after foreigners aggressively established fresh short positions [Market Movers] HPG, NVL [Macro/Strategy] February Industrial Production

[Market Commentary] Stocks notched higher in mixed trading on regional hopes for stimulus packages led by oil & gas stocks, selected bell weathers and the smaller banks [Futures/ETFs] Foreigners unwound long positions in light trading as local buying pushes March contracts back into contango [Market Movers] BID

[Market Commentary] Stocks slumped to a 13-month low on the further spread of the coronavirus, led by oil & gas stocks and broad-based weakness in the banks; airline-related stocks proved resilient [Futures/ETFs] Active intraday trading caused futures volumes to surge as foreigners begin to carry long positions overnight [Market Movers] TPB

[Market Commentary] Stocks rallied to post modest gains on growing expectations for a government announcement on stimulus soon and approval of the Diamond ETF [Futures/ETFs] March contracts surged in a late afternoon rally on talk stimulus measures may be announced by the government shortly [Market Movers] SHB [Macro/Strategy] March rebalancings

[Market Commentary] Overnight weakness caused Vietnamese stocks to tumble as coronavirus fears weighed on the markets again. [Futures/ETFs] Trading volumes in March contracts accelerated further as foreigners actively traded the pickup in volatility. [Market Movers] VIC, PVI, YEG [Macro/Strategy] China lowers warning levels