10/2/2025: VN-Index remained weak (VN-Index -0.94%)
- VN-Index started the week down.
- The tariff policy of U.S. President Trump raised concerns, leading to a weak market trend in the morning session.
- The bearish market continued in the afternoon session, and the index ultimately declined compared to the previous trading day.
- By sector, the Basic Resources, Media, and Industrial Goods & Services sectors were particularly down.
- Market breadth included 119 winners, 355 losers, and 56 unchanged.
- Liquidity increased 6.9% to VND15.4 trillion.
VN-30 weighed by HPG (VN30 -0.74%)
- The basket recorded 9 increasing stocks, 16 decreasing stocks, and 5 staying the same.
- HPG (-4.69%) fell particularly hard, followed by FPT (-2.81%) and MWG (-2.55%).
- On the other hand, STB (+2.67%) and MSN (+1.62%) supported the index.
Sectors and stocks daily highlights
- Steel stocks such as HPG (-4.69%), HSG (-4.52%), and NKG (-3.57%) saw weak price movements following Trump’s announcement of a 25% tariff on imported steel and aluminum.
- VIC (-1.60%) proposed to the government at today’s Standing Committee meeting an extension of policies to reduce EV registration fees and preferential electricity rates for EV users.
- Foreign investors recorded a net sell of VND 396 billion. HPG (-4.69%) and MWG (-2.55%) were heavily net-sold, while STB (+2.67%) was the most net-bought stock.
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