17/04/2025: VN-Index managed to move higher (VN-Index +0.57%)

• Last night, Chairman Powell expressed a cautious stance on early interest rate cuts, leading the VN-Index to start today’s trading lower.
• Although there was some buying back shortly afterward, selling pressure continued to dominate.
• However, at the end of the afternoon session, buying activity picked up, and the index turned gains.
• Travel & Leisure and Industrial goods & services sectors were the leaders.
• Market breadth included 261 winners, 174 losers, and 89 unchanged.
• Liquidity increased by 11.0% to VND 21.6 trillion.

VN-30 led the gains (VN-30 +0.76%)

• The basket recorded 18 increasing stocks, 5 decreasing stocks, and 7 unchanged.
• VIC (+4.57%), SSB (+3.48%), and VJC (+3.04%) led the advance.
• On the other hand, VCB (-2.02%) and VPB (-1.49%) fell.

Sectors and stocks daily highlights

• GEE (+6.91%) recorded a ceiling price after announcing its 1Q2025 results. Revenue jumped to VND 5,281 billion (+42.0% YoY) and net profit after tax surged to VND 452 billion (+333.1% YoY). Sales of CADIVI electrical cables, the company’s main product, were strong.
• CTR (-0.12%) held its 2025 Annual General Meeting of Shareholders yesterday afternoon. The company plans consolidated sales of VND 13,968 billion (+10.3% YoY) and pre-tax profit of VND 721 billion (+7.4% YoY). In the future, the company aims to participate in government-led high-speed rail and airport projects.
• Foreign investors net-sold VND 4,676 billion, the largest amount this year. Most of this was by VIC (+4.57%). On the other hand, the largest net buys were made by FPT (+1.39%) and VCI (+2.17%).

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April,_17_2025__Daily_Recap_Report_EN