24/04/2025: VN-Index extended the strong recovery (VN-Index +1.02%)

• The positive momentum continued as VN-Index started high above the reference mark, supported by easing concerns of US – China trade war, and the initial negotiation between Vietnam and the U.S.
• Thus, sectors which were previously affected by tariffs worries surged such as Seafood, Textile & Garment, Industrial Parks.
• Nevertheless, lacking cash flow, the market could not hold the high gains.
• The market resumed the growth trend in the afternoon session, driven by “Vin” stocks following their AGMs.
• Market breadth included 289 winners, 208 losers, and 86 unchanged.
• Liquidity decreased again to VND 17.6 trillion, down 7.4%.

VN-30 held back by banking stocks (VN-30 +0.66%)

• The basket recorded 18 increasing stocks, 8 decreasing stocks, and 4 staying the same.
• As mentioned above, VIC (+7.00%), VHM (+4.62%), VRE (+3.87%) along with BVH (+5.57%), HDB (+4.42%) were the most notable gainers.
• ACB (-1.83%) and TCB (-1.34%) were two major decliners.

Sectors and stocks daily highlights

• VHC (+7.00%) touched ceiling price after the company’s chairwoman reassured investors over U.S tariffs concerns during its AGM.
• VSC (+5.84%) raised its ownership in HAH (-0.50%) to 6.5% and officially became a major shareholder.
• Foreign investors net bought strongly VND 578 billion today. HPG (+0.20%), MWG (+1.53%) and VHM (+4.62%) were the most net bought stocks. On the other hand, net sold stocks were more minor with GEX (-0.56%) and SHB (-0.77%).

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April,_24_2025__Daily_Recap_Report_EN