08/04/2025: VN-Index dropped further amid cautious and bearish sentiment (-6.43%)

• VN-Index opened sharply lower after the holiday, plunging right at the ATO session, while other Asian markets showed signs of stabilization.
• The sharp drop following a previous rebound session triggered panic, with the number of floor-hit stocks rising rapidly and spreading across all sectors..
• The market remained under strong selling pressure throughout the session, dominated entirely by the bears, as negative sentiment intensified ahead of the U.S. tax hike set to take effect at noon on 09/04.
• All sectors experienced steep declines.
• Market breadth included 11 winners, 506 losers, and 14 unchanged stocks.
• Liquidity dropped 39.9% to VND 25.3 trillion, though still above the 20-session average.

VN-30 neared maximum decline (VN-30 -6.48%)

• The basket recorded all 30 decliners.
• Broad-based selling pressure caused 24 stocks to hit the floor price.
• Only SSB (-1.04%) and SAB (-1.73%) recorded declines below 2%.

Sectors and stocks daily highlights

• NKG (-6.82%) set a cautious business plan amid unpredictable global trade conditions, targeting VND 23,000 billion in revenue and VND 440 billion in pre-tax profit, with the profit target down more than 21% compared to 2024.
• SAB (-1.73%) proposed a cash dividend payout of 50% par value, up from 35% last year, the proposal will be submitted for approval at the 2025 Annual General Meeting.
• Foreign investors net-sold VND 1,173 billion, led by MBB (-6.90%), VHM (-6.56%), and FPT (-6.99%). No notable net buys were recorded.

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 April,_8_2025__Daily_Recap_Report_EN