09/04/2025: VN-Index continued to decline notably (-3.40%)

• VN-Index remained pessimistic in the morning following the escalated tension between the U.S. and China when China declared “fight to the end” after Trump threatened an extra 50% tariff. However, some bottom–fishing forces showed up and slowed down the downward movement.
• The Real Estate and Technology sectors slightly increased, while other sectors decreased significantly.
• In the afternoon, the sellers took over again and narrowed down the Index below the 1,100 threshold.
• All sectors recorded an overall decrease at the end.
• Market breadth included 133 winners, 351 losers, and 51 unchanged stocks.
• Liquidity picked up by 28% to VND 32.4 trillion.

VN-30 decreased at a slower pace (VN-30 -2.41%)

• The basket recorded 7 increasing and 23 declining stocks.
• SAB (+3.52%) and Vin’s stocks took the lead.
• On the other hand, GVR (-6.99%), HPG (-6.99%), and 6 other stocks recorded floor prices.

Sectors and stocks daily highlights

• VHM (+3.19%) has set ambitious targets for 2025, aiming for VND 180 trillion in revenue and VND 42 trillion in after-tax profit, marking a potential new record for the company by developing large-scale model urban areas in key provinces such as Hanoi, Hai Phong, Ho Chi Minh City, and Long An.
• PLX (-6.92%) has set its 2025 targets with a projected consolidated revenue of VND 248 trillion and a pre-tax profit of VND 3.2 trillion, reflecting a 13% and 19% decrease, respectively, compared to 2024. The company plans to distribute a 10% cash dividend for 2024, amounting to over VND 1.27 trillion.
• Foreign investors net bought today with VND 253 billion, focusing on MWG (-5.90%), FPT (+0.19%), and TCB (-1.46%). Meanwhile, VCB (-5.91%) and MBB (-1.20%) had the most net-sold value.

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 April,_9_2025__Daily_Recap_Report_EN