18/03/2025: VN-Index lost momentum (VN-Index -0.40%)

• VN-Index started above the reference mark once again thanks to the upbeat U.S stock market.
• Nevertheless, profit-taking pressures set in near the 1,340 level, beginning in the Banking and Financial Services sectors and slowly spread across the market.
• As such, the index gradually declined, eventually dipping into the red in the afternoon.
• Without sufficient cash flow, the market could not make any meaningful comeback.
• Market breadth included 160 winners, 318 losers, and 66 unchanged.
• Liquidity decreased again by 4.9% to VND 19.6 trillion.

VN-30 underperformed  (VN30 -0.45%)

• The basket recorded 7 increasing stocks, 21 decreasing stocks, and 2 staying the same.
• The main supports to the index were SHB (+3.11%), LPB (+2.02%), and GAS (+1.32%).
• Major decliners were abundant such as VPB (-1.98%), VIC (-1.54%), MBB (-1.65%), CTG (-1.41%).

Sectors and stocks daily highlights

• Oil & Gas stocks PVD (+1.74%), PVC (+1.83%), BSR (+3.11%) went against the market after Mr. Trump’s hostile statement against Iran caused oil prices to rise.
• NVL (-1.79%) failed to make payment for two bond tranches that they were forced to buy back.
• Foreign investors returned to selling with VND 424 billion net sold today. SHB (+3.11%) was supported by foreign investors as the most net bought stock. On the other hand, FPT (0.00%) witnessed significant foreign net selling.

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 March,_18_2025__Daily_Recap_Report_EN