03/04/2025: VN-Index slumped remarkably (-6.68%)

• Following President Trump’s declaration of tariff rates imposed on countries, Vietnam was presented as one of the highest tariff rates imposed. Therefore, the Index opened with an enormous gap to the downside. This was followed by relentless selling pressure, narrowing down the market to the 1,230 threshold.
• The trading liquidity spiked at VND 31 trillion in the morning.
• In the afternoon, most stocks reached the floor price, and sellers managed to extend the downward movement slightly at the end.
• Nearly all sectors declined by more than 6%.
• Market breadth included 13 winners, 517 losers, and 8 unchanged stocks.
• Liquidity was 106% higher, reaching VND 39.6 trillion.

VN-30 fell at the same pace (VN-30 – 6.81%)

• The basket recorded 30 declining stocks.
• Except for SSB (-2.60%), other stocks decreased by more than 6%.

Sectors and stocks daily highlights

• FMC (-6.90%) recorded sales increased by over 40% in Q1 2024, reflecting strong demand for its shrimp products. The company achieved this growth by expanding exports and maintaining stable production despite market fluctuations. This positive performance signals a recovery in the seafood industry after previous challenges.
• VCG (-6.93%) revealed the Annual General Meeting documents with a consolidated revenue target of VND 15,000 billion (+18% YoY) in 2025. Net profit after tax is targeted at VND 1,200 billion, an 8% increase compared to 2024. The dividend payout ratio will be maintained at 16%.
• Foreign investors net sold VND 3,694 billion, mostly focusing on blue-chip stocks. Meanwhile, the value of net-bought stocks was insignificant.

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April,_3_2025__Daily_Recap_Report_EN