Strategy Note – POWER STOCKS – A GOOD BULWARK AGAINST MARKET VOLATILITY – Update
- The liberalisation of the power sector will boost competition and efficiency in the industry.
- Vietnam’s Wholesale Electricity Market (VWEM) is ready to go into official operation in 2019
- If the VWEM begins official operations in 2019, it will be a big step forward in the liberalisation of Vietnam’s electricity sector.
- Power purchase prices will increase due to rising electricity demand, higher production costs and more competition between wholesalers when VWEM begins operations.
Please follow this link for the full report
You Might Be Interested
Strategy Note
17
As at 10 May 2022, 1089 listed companies on three bourses, representing 94.3% of market capitalisation, have released 1Q22 results. 1Q22 market aggregate earnings grew robustly 33.2% yoy, faster than that of 14.4% yoy growth seen in 4Q21. Market earnings…
Strategy Note
74
Vietnam market experienced a sharp decline in Apr. After climbing to 1524.7 pts on 4 Apr, the VN-Index dramatically fell to 1,310.9pts, (-12.1% mtd, -12.5% ytd), the lowest since late-Aug 2021. Recent market sell-off could be attributed to (1) negative…
Strategy Note
51
Dear investors, 1Q22 Earnings season has kicked off this week. In order to provide a sense of the overall 1Q22 earnings picture, we start tracking the real-time result releases over three bourses HSX, HNX, and UPCOM. As of 25 Apr…