DAILY MARKET RECAP
18 August, 2021
Market Commentary: The VN-INDEX continued to drop
0.16% due to strong selling pressure in Financial stocks
The VN-INDEX slightly dropped 2.15pts to close at 1,360.9pts in today's session due to bad performance from the Financial sectors. After the opening bell, the VN-INDEX fluctuated around the reference level and kept this state during the morning session. The sentiment lasted into the afternoon with higher fluctuation and soon reached its intraday high of 1,369.5pts (+0.4%). The largest support came from Consumer large caps, including MSN (+1.5%), SAB (+0.3%), VNM (+0.8%) and MWG (+1.5%) and together adding 3.2pts to the index's advance. After a short period of staying in green territory, the index quickly dropped to its intraday low of 1,356.0pts (-0.5%) and maintained the red position until close. Financial stocks are today top laggards, led by VPB (-1.1%), TCB (-0.5%), and BID (-0.3%). Moreover, Vingroup's affiliates, including VIC (-1.0%) and VHM (- 0.9%), were the biggest losers in today's session, and together erased 1.8pts from the index. At the end of the session, the VN-INDEX edged down 0.16% to close at 1,360.9pts with 161 gainers, 162 losers, and 59 unchanged. On the other hand, the HNX-INDEX increased modestly 0.5% to close at 344.5pts.
Health Care (+1.1%), Consumer Staples (+0.8%), and Consumer Discretionary (+0.7%) rose, while Real Estate (-0.6%) and Financials (-0.5%) lost ground today. Top index movers included MSN (+1.5%), VNM (+0.8%), MWG (+1.5%), REE (+6.9%), and BVH (+2.1%). Top index laggards consisted of VIC (-1.0%), VHM (-0.9%), VPB (-1.7%), TCB (- 0.9%), and BID (-0.7%). Top three major put-through transactions were TCB with 7.7m shares (VND405.1bn), OCB with 14m shares (VND350bn), and HPG with 5.2m shares (VND241.7bn).
Foreigner's net sold on HOSE to the amount of VND1583.5bn, and also net sold on HNX to the amount of VND40.6bn. They mainly bought TCB (VND79.8bn), PNJ (VND54.7bn), and MWG (VND52.6bn); and mainly sold VHM (VND486.7bn), FUEVFVND (VND321.7bn), and SSI (VND308.9bn).
Snapshot HOSE HNX
Close (pts) 1,360.9 344.8
1 Day change (%) -0.16 0.50
Volume (mn shs) 689.8 157.3
Value (US$mn) 1,069.0 184.7
Gainers 161 120
Losers 162 79
Unchanged 59 145
Commodities & Currencies Close %chg
Gold(USD/Oz) 1,792 0.4
WTI Oil ($/B) 1Mth 67 0.7
Brent Oil ($/B) 1Mth 70 0.8
USDVND 22,831 0.0
EURVND 26,745 0.0
Source: Bloomberg
1,355.8 1,360.0 1,364.2 1,368.4
VN-INDEX
342.5 343.6 344.7 345.8
HNX-INDEX
Sectors Index Price P/E P/B Country Close 1D chg P/E P/B Market cap
(VNIndex) Wgt (%) 1D chg x x Peering Points % x x US$bn
Consumer Discretionary
3.0 0.7% 18.1 3.7
China4,894 1.2% 17.2 2.2 6,458
Bloomberg: VNDS
DAILY MARKET RECAP
18 August, 2021
Market News
Oil up on declining US oil stocks while rising virus cases hamper demand
Crude oil prices rose on Wednesday due to expectations of a weekly decline in US crude stocks, but fears that growing coronavirus infections could stifle demand. International benchmark Brent crude was trading at $69.64 per barrel at 06.53 GMT for a 0.88% increase after closing Tuesday at $69.03 a barrel. American benchmark West Texas Intermediate (WTI) traded at $66.88 a barrel at the same time for a 0.81% rise after ending the previous session at $66.34 per barrel. (Bloomberg)
Transport Ministry directs to ease operation of seaports amid pandemic
The implementation of social distancing in accordance with Directive 16 of the Government to prevent and control the spread of COVID-19 has caused a large reduction in the workforce of enterprises, including those in seaports. The move was made after the Government Office sent an official dispatch to the MoT, requiring it to consider a number of urgent solutions to support businesses and limit disruptions in the production and supply chains in the context of the pandemic that were proposed by the Private Economic Development Research Board. According to the dispatch, the board suggested the Prime Minister direct or assign relevant ministries and localities to review and apply uniform regulations on travel for groups of personnel who work at ports and responsible for export and import procedures. The people should be allowed to travel as shippers, it proposed. The MoT said it agreed with the board’s proposals and suggested the People's Committees of provinces and cities consider and direct the implementation. Earlier, transport departments in cities and provinces reported to the MoT that the application of social distancing had greatly affected the workforce of enterprises and seaports. For example, Cat Lai Port in Ho Chi Minh City faced a severe shortage of employees such as port officers and forklift drivers as many workers were located in locked down residential areas and the city was applying regulations restricting travel between pandemic-affected localities. According to the port, the number of employees has decreased by 50% to 250. Meanwhile, the necessary personnel required to be at the port to maintain operations is 500 people per day, excluding staff of customs, shipping lines and relevant State management agencies. The stay-at- work model applied to loading and unloading workers at the port has not been very effective because the port has little vacant space, and many activities take place outdoors. To deal with the shortage, the Vietnam Maritime Administration, the Seaport Associations and port enterprises have submitted proposals to the authorities to allow the Cat Lai Port’s workers to go to the port if they do not reside in locked down areas. (Vietnamnet.vn)
Notable Corporate Events
Vinhomes JSC (VHM VN, HOSE) - Dividend result: Vinhomes announced the dividend payment plan from undistributed earnings. Specifically, the company maintains the dividend ratio of 45%, consisting of a cash dividend of VND1,500/share and stock dividend with the ratio of 10:3 (30%). (Ndh.vn)
<to be continued>
DAILY MARKET RECAP
18 August, 2021
COVERAGE SUMMARY
Ticker Close price
Adjusted target price
Dividend yield Upside Recommendation Latest report
ACB 35,550 41,800 0.0% 17.6% ADD Link
ACV 77,400 87,500 1.2% 14.2% ADD Link
CRE 54,500 33,700 1.8% -36.4% HOLD Link
CTG 34,500 42,000 1.4% 23.2% ADD Link
DBC 59,400 64,000 2.5% 10.3% ADD Link
DPM 34,800 24,100 4.0% -26.7% ADD Link
DRC 34,700 25,500 2.9% -23.6% ADD Link
FPT 94,000 101,700 2.1% 10.3% ADD Link
GAS 92,600 109,800 3.9% 22.5% ADD Link
GMD 47,800 52,700 3.5% 13.8% HOLD Link
HDG 58,500 50,300 2.0% -12.0% ADD Link
HPG 50,400 62,600 0.9% 25.1% ADD Link
KBC 36,650 57,500 1.4% 58.2% ADD Link
KDC 60,500 65,000 2.7% 10.1% ADD Link
KDH 41,500 45,500 1.2% 10.8% ADD Link
LPB 25,900 26,000 0.0% 0.4% HOLD Link
MBB 31,100 31,400 0.0% 1.0% ADD Link
MML 75,500 81,400 0.0% 7.8% HOLD Link
MSH 78,000 61,000 4.5% -17.3% ADD Link
MWG 172,500 173,000 0.9% 1.1% ADD Link
NLG 42,000 46,700 1.1% 12.3% ADD Link
NT2 19,300 28,400 10.4% 57.5% ADD Link
NVL 103,000 107,700 0.0% 4.6% HOLD Link
PHP 29,700 29,200 1.9% 0.2% ADD Link
PLC 35,700 30,900 5.6% -7.8% ADD Link
PNJ 94,700 119,200 1.9% 27.8% ADD Link
Bloomberg: VNDS
DAILY MARKET RECAP
18 August, 2021
Ticker Close price
Adjusted target price
Dividend yield Upside Recommendation Latest report
TCM 76,300 N/A 1.3% N/A N/A Link
VCB 101,000 119,500 0.8% 19.1% ADD Link
VHC 47,600 50,000 4.3% 9.3% ADD Link
VHM 110,000 134,300 0.0% 22.1% ADD Link
VIB 41,100 48,100 0.0% 17.0% ADD Link
VJC 118,000 138,900 0.0% 17.7% ADD Link
VNM 90,000 110,000 4.2% 26.5% ADD Link
VPB 64,000 75,000 0.0% 17.2% ADD Link
VRE 27,800 38,000 5.2% 41.9% ADD Link
VTP 82,300 85,200 1.7% 5.2% ADD Link
DAILY MARKET RECAP
18 August, 2021
MARKET MOVEMENTSTop gainers VND Top gainers VND
Ticker Last Price
Chg %chg Vol. Index
impact
Ticker Last Price
Chg %chg Vol. Index
impact
VSH 29,050 1,900 7.00 435,800 0.121 LUT 4,400 400 10.00 33,800 0.003
CIG 7,810 510 6.99 48,900 0.004 VCC 15,400 1,400 10.00 55,700 0.008
TYA 16,850 1,100 6.98 210,200 0.002 VNT 68,800 6,200 9.90 100 0.015
VMD 42,200 2,750 6.97 12,400 0.011 MAS 44,400 4,000 9.90 100 0.013
DBD 47,600 3,100 6.97 637,200 0.048 CAG 24,500 2,200 9.87 290,900 0.010
Top losers VND Top losers VND
Ticker Last Price
Chg %chg Vol. Index
impact
Ticker Last Price
Chg %chg Vol. Index
impact
TTE 9,170 -690 -6.70 100 -0.005 NAP 11,700 -1,300 -10.00 500 -0.007
VSC 65,200 -4,800 -6.50 362,400 -0.071 HCT 12,000 -1,200 -9.09 900 -0.001 VOS 13,650 -1,000 -7.00 6.51MLN -0.038 HLC 10,300 -1,000 -8.85 16,000 -0.010 AGM 30,800 -2,200 -7.00 105,200 -0.011 VLA 12,600 -1,200 -8.70 1,600 -0.001
RIC 20,000 -1,400 -6.20 69,700 -0.011 BED 42,000 -3,500 -7.69 100 -0.002
Top index movers VND Top index movers VND
Ticker Last Price
Chg %chg Vol. Index
impact
Ticker Last Price
Chg %chg Vol. Index
impact
MSN 134,500 2,000 1.51 1.30MLN 0.635 VND 53,300 600 1.14 14.10MLN 0.309
VNM 90,000 700 0.78 4.71MLN 0.393 SHS 53,100 900 1.72 9.54MLN 0.233
MWG 172,500 2,600 1.53 864,600 0.332 THD 214,000 500 0.23 539,900 0.173
REE 60,500 3,900 6.89 3.30MLN 0.325 TVB 22,900 2,000 9.57 4.30MLN 0.168
BVH 54,700 1,100 2.05 1.30MLN 0.220 IDC 38,500 500 1.32 3.42MLN 0.158
Top index laggers VND Top index laggers VND
Ticker Last Price
Chg %chg Vol. Index
impact
Ticker Last Price
Chg %chg Vol. Index
impact VIC 97,900 -1,000 -1.01 2.30MLN -0.910 NVB 29,100 -400 -1.36 1.86MLN -0.216 VHM 110,000 -1,000 -0.90 23.52MLN -0.901 SHB 29,400 -100 -0.34 11.50MLN -0.215 VPB 64,000 -1,100 -1.69 14.07MLN -0.727 DXS 28,000 -400 -1.41 245,000 -0.085 TCB 52,800 -500 -0.94 12.91MLN -0.471 HUT 9,000 -100 -1.10 2.48MLN -0.034
HNX HOSE
Bloomberg: VNDS
DAILY MARKET RECAP
18 August, 2021
FOREIGN ACTIVITIES
Volume (Mn'shs) HOSE HNX Value (VND'bn) HOSE HNX
BUY 16.1 2.2 BUY 829.8 88.1
% of market 2.4% 1.4% % of market 3.5% 2.1%
SELL 39.8 3.0 SELL 2,413.4 128.7
% of market 5.9% 1.9% % of market 10.1% 3.1%
NET BUY (SELL) (23.7) (0.8) NET BUY (SELL) (1,583.5) (40.6) Source: HSX, HNX
(2,000) (1,500) (1,000) (500) 0 500 1,000 1,500 2,000 2,500
Foreign net buy/sell (30 days) in VND'bn
HOSE HNX
YTD ACCUMULATION
Volume (Mln'shs) HOSE HNX Value (VND'bn) HOSE HNX
BUY 4,988.5 200.7 BUY 235,279.0 5,511.7
% of market 4.7% 0.9% % of market 7.8% 3.2%
SELL 5,899.7 264.5 SELL 269,420.3 6,449.8
% of market 5.6% 1.2% % of market 8.9% 3.8%
NET BUY (SELL) (911.2) (63.7) NET BUY (SELL) (34,141.3) (938.0) Source: HSX, HNX
DAILY MARKET RECAP
18 August, 2021
FOREIGN ACTIVITIES
Top buy by foreigners (value) VND'bn Top buy by foreigners (value) VND'bn
Ticker Last Price Chg %chg Value Index
impact
Ticker Last Price Chg %chg Value Index
impact
TCB 52,800 -500 -0.94 79.8 -0.471 VND 53,300 600 1.14 48.3 0.000
PNJ 94,700 -800 -0.84 54.7 -0.049 PVS 27,300 500 1.87 16.5 0.000
MWG 172,500 2,600 1.53 52.6 0.332 THD 214,000 500 0.23 4.8 0.000
SSI 60,200 -1,100 -1.79 44.0 -0.194 PAN 30,700 0 0.00 3.9 0.000
VHM 110,000 -1,000 -0.90 42.8 -0.901 VCS 124,000 400 0.32 3.8 0.000
Top sell by foreigners (value) VND'bn Top sell by foreigners (value) VND'bn
Ticker Last Price Chg %chg Value Index
impact
Ticker Last Price Chg %chg Value Index
impact
VHM 110,000 -1,000 -0.90 486.7 -0.901 VND 53,300 600 1.14 97.0 0.000
FUEVFVND 25,890 -140 -0.54 321.7 0.000 PVS 27,300 500 1.87 10.7 0.000
SSI 60,200 -1,100 -1.79 308.9 -0.194 DXP 21,300 -200 -0.93 6.4 0.000
VNM 90,000 700 0.78 177.4 0.393 BVS 32,400 400 1.25 3.5 0.000
VIC 97,900 -1,000 -1.01 143.5 -0.910 SHS 53,100 900 1.72 2.8 0.000
Top net buy by foreigners (value) VND'bn Top net buy by foreigners (value) VND'bn
Ticker Last Price Chg %chg Value Index
impact
Ticker Last Price Chg %chg Value Index
impact
VHC 47,600 1,400 3.03 17.8 0.069 PVS 27,300 500 1.87 5.9 0.000
DIG 34,000 1,850 5.75 11.4 0.204 THD 214,000 500 0.23 4.8 0.000
MIG 21,550 1,150 5.64 8.3 0.044 PAN 30,700 0 0.00 3.9 0.000
SZC 46,700 250 0.54 5.4 0.007 TVB 22,900 2,000 9.57 1.3 0.000
E1VFVN30 25,170 -90 -0.36 5.2 0.000 VCS 124,000 400 0.32 1.0 0.000
Top net sell by foreigners (value) VND'bn Top net sell by foreigners (value) VND'bn
HOSE HNX
Bloomberg: VNDS
DAILY MARKET RECAP
18 August, 2021
TOP 60 MARKET CAP STOCKS SNAPSHOT N HOSE
DAILY MARKET RECAP
18 August, 2021
No. Ticker Price Mkt. Cap Outs. Vol. Float ratio Avail. FII Ave. daily vol. P/E P/B ROE ROA
VND 1M 3M 6M US$mln Mln'shs % % (30 days-shs) x x % %
1 VCB VM 101,000 -1.5 6.8 -1.0 16,407 3,709 25.2 6.4 1,711,183 18.3 3.6 21.1 1.6
2 VIC VM 97,900 4.1 -9.0 0.1 16,317 3,805 24.2 34.9 2,817,583 58.0 4.2 7.4 1.5
3 VHM VM 110,000 0.9 11.2 6.6 16,138 3,350 18.7 26.2 6,198,954 11.1 3.8 39.9 15.0
4 HPG VM 50,400 7.8 7.3 55.2 9,874 4,473 20.5 22.4 29,515,910 9.0 3.1 39.8 18.4
5 VNM VM 90,000 4.8 3.4 -17.4 8,239 2,090 35.1 45.0 3,279,290 19.7 5.9 30.9 20.8
6 TCB VM 52,800 2.3 9.2 35.7 8,106 3,505 77.1 0.0 21,182,270 11.4 2.2 21.5 3.6
7 GAS VM 92,600 2.9 12.9 2.8 7,763 1,914 4.2 46.4 868,780 22.7 3.8 16.2 11.1
8 BID VM 42,650 0.4 4.3 -1.7 7,513 4,022 19.0 13.3 2,280,047 17.2 2.1 12.6 0.6
9 CTG VM 34,500 -0.4 -4.3 21.0 7,262 4,806 35.5 5.5 16,338,130 10.1 1.8 19.0 1.2
10 MSN VM 134,500 11.6 28.0 41.4 6,955 1,181 38.7 66.6 1,509,100 75.3 7.4 9.4 1.9
11 VPB VM 64,000 -0.8 -4.8 55.0 6,881 2,455 69.9 0.0 12,786,320 12.7 2.6 23.0 2.9
12 NVL VM 103,000 -1.5 -1.4 71.5 6,648 1,474 30.4 28.8 3,016,180 28.6 4.5 16.1 3.4
13 GVR VM 37,550 19.8 51.4 36.8 6,579 4,000 100.0 12.4 5,435,790 31.3 3.1 10.1 6.1
14 MBB VM 31,100 6.9 26.1 60.2 5,147 3,778 65.8 1.1 18,449,510 11.3 2.2 21.5 2.2
15 ACB VM 35,550 5.8 22.6 52.4 4,207 2,702 79.9 0.0 10,678,310 9.9 2.4 27.2 2.2
16 SAB VM 146,000 -7.6 -5.2 -24.2 4,101 641 10.4 37.4 173,370 20.0 4.5 24.3 17.5
17 FPT VM 94,000 8.3 24.3 38.2 3,736 907 83.6 0.0 3,774,760 22.2 5.1 24.1 9.2
18 MWG VM 172,500 2.6 21.7 23.7 3,591 475 75.4 0.0 1,152,230 18.0 4.5 27.3 9.6
19 PLX VM 51,600 1.0 -4.4 -8.0 2,811 1,244 N/A 2.2 1,595,690 16.7 2.7 17.4 6.0
20 VJC VM 118,000 2.3 4.4 -10.5 2,799 542 51.0 11.7 596,007 406.7 3.8 1.0 0.3
21 VIB VM 41,100 -8.4 -1.8 53.6 2,796 1,553 68.1 0.0 1,957,713 11.0 3.0 32.1 2.5
22 VRE VM 27,800 0.4 -7.3 -20.2 2,767 2,272 31.2 19.0 4,869,744 23.3 2.1 9.3 7.1
23 HDB VM 35,600 6.4 16.3 39.6 2,485 1,594 69.7 3.1 3,171,820 10.8 2.2 22.4 1.8
24 STB VM 29,950 5.3 9.7 61.0 2,473 1,885 96.6 14.1 28,688,020 15.6 1.8 12.0 0.7
25 SSB VM 36,250 0.3 25.6 N/A 2,094 1,319 95.4 5.0 2,101,445 22.1 3.2 15.8 1.2
26 HVN VM 21,300 5.6 -0.6 -1.2 2,070 2,218 38.6 21.0 765,584 N/A 26.5 -155.4 -20.1
27 BCM VM 45,000 4.4 -16.7 -24.7 2,040 1,035 100.0 47.0 88,927 20.2 3.0 15.4 5.0
28 PDR VM 89,000 -1.3 27.0 68.0 1,898 487 37.4 45.2 3,114,857 30.7 7.8 29.7 8.7
29 BVH VM 54,700 7.3 1.3 -11.6 1,779 742 34.9 22.1 946,383 22.5 1.9 8.9 1.3
30 TPB VM 37,250 9.9 16.0 33.8 1,748 1,072 56.0 0.0 5,704,690 8.9 2.0 24.7 2.0
31 SSI VM 60,200 14.0 70.8 80.8 1,727 655 85.8 50.7 14,360,370 21.4 3.5 16.5 5.1
32 MSB VM 30,800 6.8 33.9 73.0 1,585 1,175 94.9 0.0 9,677,390 9.3 1.8 20.7 2.1
33 OCB VM 25,000 13.8 27.3 48.8 1,500 1,370 77.4 0.0 4,245,505 N/A 1.8 N/A N/A
34 EIB VM 26,300 -2.6 1.2 42.2 1,416 1,229 94.0 0.3 496,533 30.1 1.9 6.4 0.7
35 LPB VM 25,900 5.7 26.1 98.0 1,365 1,204 84.5 1.6 9,417,746 11.7 2.0 18.6 1.1
36 POW VM 11,400 7.5 -5.0 -12.6 1,169 2,342 87.9 46.0 8,546,327 10.5 0.9 8.8 4.5
37 KDH VM 41,500 12.3 26.8 33.1 1,133 623 84.0 18.2 4,663,854 21.1 3.0 15.0 8.5
38 PNJ VM 94,700 -1.4 1.3 8.2 943 227 80.9 0.0 676,187 16.3 3.8 25.3 15.7
39 VCI VM 63,100 21.1 75.3 129.5 920 333 75.7 79.8 4,746,614 14.4 4.0 25.4 12.6
40 VCG VM 42,500 -3.2 -0.4 -6.8 896 481 42.2 47.8 486,853 13.7 3.0 22.2 6.0
41 HSG VM 39,900 12.4 14.1 76.3 855 489 68.4 38.5 12,700,670 5.2 2.0 47.9 18.4
42 REE VM 60,500 16.6 9.0 1.5 819 309 55.0 0.0 599,107 10.4 1.5 15.8 7.2
43 GEX VM 23,300 6.2 17.8 35.3 797 781 50.6 37.0 5,828,944 13.2 1.4 13.9 2.9
44 DGC VM 105,000 27.9 57.7 102.3 787 171 62.1 41.9 1,527,973 17.9 4.0 24.7 18.0
45 KBC VM 36,650 12.1 13.5 -14.8 754 470 65.4 30.0 9,721,820 20.4 1.7 8.5 3.7
46 HCM VM 55,900 16.9 62.0 91.4 747 305 39.5 0.6 5,991,490 19.3 3.5 19.4 7.9
47 VGC VM 33,300 11.6 1.2 -5.4 654 448 10.8 43.6 635,303 15.9 2.3 14.4 4.8
48 GMD VM 47,800 16.0 26.5 44.4 631 301 80.5 6.9 3,739,517 35.2 2.3 6.7 4.4
Price change (%)
Bloomberg: VNDS
DAILY MARKET RECAP
18 August, 2021
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