18/04/2025: VN-Index somewhat lost momentum at the end (VN-Index +0.15%)

• VN – Index opened with optimism as the buy-up volume ramped up and notably lifted the market further.
• The Banking, Technology, and Industrial Goods & Services mainly drove the growth, while the decline in the Real Estate sector slowed down the market.
• The buyers managed to boost the market further in the afternoon. Nonetheless, heavy selling pressure kicked in at the end and nearly offset all the gains.
• The downward trend in Vin’s stocks is presented as the main factor that put a hindrance on the market.
• Market breadth included 321 winners, 136 losers, and 72 unchanged.
• Liquidity was nearly unchanged, at VND 21.5 trillion.

VN-30 increased at a faster pace (VN-30 +0.25%)

• The basket recorded 20 increasing stocks, 6 decreasing stocks, and 4 unchanged.
• SHB (+6.64%), VPB (+2.42%), and FPT (+2.01%) led the gain.
• On the other hand, VIC (-6.90%), VHM (-3.17%), and VJC (-1.70%) were major decliners.

Sectors and stocks daily highlights

• CII (+0.84%) announced plans to invest nearly VND 50 trillion (~$2 billion) in strategic infrastructure projects. In particular, the firm is developing a transit-oriented development project in Ho Chi Minh City, with a projected investment of VND 9.5 trillion, aiming to transform the area into a modern urban hub.
• TCM (+0.52%) emphasized that TCM does not import fabric from China, relying instead on domestically produced yarn and fabric. This strategy positions TCM to benefit from global supply chain shifts and potential trade tensions involving Chinese textiles.
• Foreign investors net bought VND 8 billion, mostly focusing on FPT (+2.01%). Meanwhile, VIX (+1.20%) and HCM (+0.39%) were the most net-sold stocks.

＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿＿

【Disclaimer】

This material has been prepared by Japan Securities Co., Ltd. (JSI) for the purpose of providing investors with relevant information. JSI makes no representation or warranty regarding the completeness and accuracy of such information. This material is provided, for information purposes only and does not constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction.

We are not responsible for any errors or omissions or for the results obtained from the use of such information.

This note is confidential and is being supplied only to you solely for your information and may not be reproduced, redistributed, or passed on, directly or indirectly, to any other person or published in whole or in part, for any purpose.

In the United States, this report is intended for distribution solely to major Institutional Investors as defined in Rule 15a-6 under the Securities Exchange Act of 1934.

Japan Securities Co., Ltd. is a financial instruments dealer registered with SSC (State Securities Commission of Viet Nam): Registration Number 129/GP-UBCK, and a member of VNX (Vietnam Stock Exchange), HNX (Hanoi Stock Exchange), HOSE (Hochiminh Stock Exchange) & VSDC (Vietnam Securities Depository and Clearing Corporation), and is registered address is  Suite 701, Tower 1, Capital Place, 29 Lieu Giai, Ngoc Khanh, Ba Dinh,  Hanoi, Vietnam.

 April,_18_2025__Daily_Recap_Report_EN