5/2/2025: VN-Index kept its momentum (VN-Index +0.39%)
- VN-Index started with a positive movement although the US officially began imposing tariffs on China from yesterday.
- The market was positive in the morning, keeping the price in green.
- In the afternoon, some blue-chip stocks had steep declines. However once they experienced this, the Index suddenly turned further gaining sentiment, which ended in the great result of the trading session.
- The Industrial Goods & Services and the Utility sector were quite positive, while the Retail and the Financial Services sector had negative movements.
- Market breadth included 270 winners, 187 losers, and 66 unchanged.
- Liquidity decreased by 11.6% to VND 13.3 trillion.
VN-30 had a relatively larger fluctuation (VN30 +0.31%)
- The basket recorded 15 increasing stocks, 14 decreasing stocks, and 1 staying the same.
- VRE (+3.37%), LPB (+2.28%), and VNM (+2.16%) led the Index.
- MSN (-1.60%) was the most dropped stock today.
Sectors and stocks daily highlights
- MCH (+0.27%) announced its business results. In 2024, the company earned VND 30.9 trillion (+9.4% YoY) in revenue and VND 7.8 trillion (+10.1 YoY) in net profit. They expect to have double-digit growth in 2025 and plan to list its share HoSE soon.
- In 4Q2024, VHC (+0.85%) recorded VND 3,206 billion (+34% YoY) in net revenue and VND 425 billion in net profit, which is 6 times higher than the 4th quarter of the previous year. That result was because of a significant improvement in Gross Profit Margin.
- Foreign investors net sold again for VND 366 billion. SSI (-0.99%), CTG (-0.13%), and FRT (-1.79%) were the net-sold stocks. On the other hand, HPG (-0.19%) was the most net-bought stock.
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