VN-Index closed slightly higher (VN-Index +0.20%)
- VN-Index opened higher today.
- In the morning session, the index declined amid selling pressure, believed to be profit-taking in the banking sector, which has been driving gains in recent days.
- However, the market rebounded in the afternoon session and ended the day in positive territory.
- Oil & Gas and Industrial Goods & Services advanced, while Travel & Leisure and Basic Resources declined.
- Market breadth included 177 winners, 155 losers and 51 unchanged.
- Market liquidity reached VND 49.1 trillion, up 11.3%.
VN30 posted a loss (VN30 -0.33%)
- The basket recorded 11 increasing stocks, 18 decreasing stocks and 1 staying the same.
- VIB (+58%), PLX (+2.96%) posted strong gains.
- Meanwhile, VJC (-4.86%) and BID (-1.85%) declined.
Sectors and stocks daily highlights
- BAF (+0.57%) emphasized the robustness of its biosecurity measures, stating that its farms are strictly protected from the threat of African Swine Fever. In Vietnam, the outbreak has resulted in the death or culling of over 100,000 pigs.
- Oil and gas-related stocks such as PVD (+6.98%) and PVT (+4.12%) were likely seen as potential alternative sources of crude oil supply, following comments by President Trump suggesting that a 25% tariff – similar to that imposed on India – could also be applied to Chinese imports of Russian crude.
- Foreign investors net sold VND 889.6 billion today. BID (-1.85%) saw the largest net selling, while VPB (+2.07%) and GEX (+4.87%) recorded strong net buying.
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