VN-Index corrected on heavy profit-taking pressure (VN-Index -2.52%)
• Following yesterday’s all-time-high, the VN-Index opened sharply lower.
• The index briefly recovered to the reference level, but gains were short-lived.
• Strong selling pressure from banking stocks, which had surged previously, dragged the index down and weighed on other sectors.
• All sectors ended in the red today.
• Market breadth was negative with 275 decliners, 76 gainers, and 27 unchanged.
• Market liquidity rose 20.7% to VND 62.3 trillion.
VN30 recorded sharp declines (VN30 -3.25%)
• The VN30 basket saw only 4 gainers against 26 decliners.
• VPB (-6.99%), GVR (-6.94%), and SHB (-6.76%) all hit the floor price.
• On the other hand, BID (+2.25%) and DGC (+2.17%) were the top gainers.
Sectors and stocks daily highlights
• GEX (-2.00%) announced plans to IPO Gelex Infrastructure JSC, one of its two direct subsidiaries, with charter capital of VND 7.9 trillion (79.1% owned by Gelex), in 4Q2025.
• CII (-2.20%) reported a change in the use of VND 2,000 billion raised from its CII425001 bond issuance. Instead of fully prepaying bonds, the company will prioritize repaying high-interest and/or near-maturity debt within CII Group given its current financial situation.
• Foreign investors extended their net selling streak with VND 1,266 billion. HPG (-5.11%) saw the heaviest net sell, totaling over VND 1,044 billion. Conversely, VIX (-1.43%) and PDR (+1.05%) were the top net-bought names, though values remained modest.
—————————————————————————————————–
【Disclaimer】
This material has been prepared by Japan Securities Co., Ltd. (JSI) for the purpose of providing investors with relevant information. JSI makes no representation or warranty regarding the completeness and accuracy of such information. This material is provided, for information purposes only and does not constitute an offer or solicitation to buy or sell any securities discussed herein in any jurisdiction.
We are not responsible for any errors or omissions or for the results obtained from the use of such information.
This note is confidential and is being supplied only to you solely for your information and may not be reproduced, redistributed, or passed on, directly or indirectly, to any other person or published in whole or in part, for any purpose.
In the United States, this report is intended for distribution solely to major Institutional Investors as defined in Rule 15a-6 under the Securities Exchange Act of 1934.
Japan Securities Co., Ltd. is a financial instruments dealer registered with SSC (State Securities Commission of Viet Nam): Registration Number 129/GP-UBCK, and a member of VNX (Vietnam Stock Exchange), HNX (Hanoi Stock Exchange), HOSE (Ho Chi Minh Stock Exchange) & VSDC (Vietnam Securities Depository and Clearing Corporation), and is registered address is Suite 701, Tower 1, Capital Place, 29 Lieu Giai, Ngoc Ha, Hanoi, Vietnam.