04/04/2025: VN-Index has stopped declining but remains weak (-1.56%)

• Following yesterday’s decline triggered by U.S. reciprocal tariffs, the VN-Index opened trading with a sharp drop of over 5%.
• However, the index found support around the 1,150-point level shortly after the market opened and rebounded. That said, towards the end of the morning session, the decline widened again, reflecting continued market instability.
• In the afternoon, a recovery was seen, mainly driven by large-cap stocks, pushing the index upward. As a result, the VN-Index managed to hold the 1,200-point level by the close.
• By sector, Banking, Travel & Leisure, and Real Estate saw relatively smaller declines.
• Market breadth included 138 winners, 354 losers, and 42 unchanged stocks.
• Liquidity increased by 6.5% to VND 42.2 trillion.

VN-30 decline narrows significantly from yesterday (VN-30 – 0.21%)

• The basket recorded 9 gainers, 20 decliners, and 1 stock unchanged.
• Buying activity was concentrated on stocks such as LPB (+6.98%), VIC (+3.74%), and VNM (+3.54%).
• Meanwhile, BCM (-6.96%), BVH (-6.91%), and GVR (-6.90%) continued to face heavy selling pressure.

Sectors and stocks daily highlights

• PVD (-6.80%) announced its 2025 Annual General Meeting (AGM) of Shareholders, setting targets for 2025 of total sales of VND 7,200 billion (-25% YoY) and after-tax profit of VND 530 billion (-24% YoY).
• BMP (+1.50%) released its report for AGM, targeting sales of VND 5,362 billion (+15% YoY) and after-tax profit of VND 1,055 billion (+6% YoY) for the year 2025.
• Foreign investors net-sold VND 2,824 billion, led by MBB (-0.88%) and TPB (-4.14%). There were no notable stocks net-bought.

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April,_4_2025__Daily_Recap_Report_EN