4/2/2025: VN-Index erased losses (VN-Index +0.93%)
- VN-Index started high above the reference mark as investors’ sentiment stabilized after President Trump delayed the application of tariffs on Mexico and Canada.
- Banking sector and Constructions Materials sector were the main leader of the market, upholding the initial positivity.
- The market was also able to maintain uptrend in the afternoon, backed by improved cash flow.
- The positivity spread to other sectors as well such as Financial Services and Constructions.
- Market breadth included 361 winners, 106 losers, and 50 unchanged.
- Liquidity continued to increase 10.0% to VND 15.3 trillion.
VN-30 led by Banking stocks (VN30 +0.89%)
- The basket recorded 22 increasing stocks, 3 decreasing stocks, and 5 staying the same.
- Most major gainers were Banking stocks namely CTG (+3.55%), TPB (+2.48%), STB (+2.05%), MBB (+1.81%), TCB (+1.65%).
- All declining stocks were relatively minor.
Sectors and stocks daily highlights
- KBC (+1.02%) increased after Goertek wished to expand its investment in Nam Son – Hap Linh IP by 25 ha.
- NVL (+5.51%) bought back VND 5,110 billion worth of bond ahead of maturity in an attempt to restructure and reduce debts.
- Foreign investors net sold heavily again for VND 948 billion. VNM (-0.50%) and FPT (+0.48%) continued to top the net sold list, joined by LPB (0.00%). On the other hand, HPG (+1.70%) was the most net bought stock.
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