Update news on May, 16 2025
16-05-2025
VN-Index saw correction pressure after a streak of gains (VN-Index -0.9%)
• VN-Index opened in the red, with most sectors under pressure, reversing the upward momentum from the previous sessions.
• The market traded in a tug-of-war around the 1,300-point level, with strong sector divergence and a balanced tug between buying and selling forces.
• In the afternoon, the market saw deeper corrections, closing near the intraday low due to a lack of support from large-cap stocks.
• Most sectors recorded declines, with Banking, Technology, and Financial Services being the main drags on the index.
• Market breadth included 132 winners, 186 losers, and 46 unchanged.
• Liquidity decreased by 19.1%, down to VND 20.7 trillion.
VN-30 dragged the market (VN-30 -1.22%)
• The basket recorded 4 increasing stocks, 24 decreasing stocks, and 1 staying the same.
• Several stocks dropped more than 2%, notably FPT (-3.20%), BVH (-2.72%), and VPB (-2.70%).
• VRE (+1.45%) was the only stock in the basket to post a gain above 1%.
Sectors and stocks daily highlights
• FRT (-1.83%) and VCB (-2.04%) signed a cooperation agreement to implement a payment agent model. Starting from May 16, 2025, customers can deposit or withdraw cash directly at FPT Shop stores nationwide, with a daily limit of VND 20 million, applicable across all agent locations.
• Total revenue of 23 listed marine transportation companies (on HOSE, HNX, and UPCoM) in 1Q2025 reached nearly VND 12.1 trillion, up 6.6% YoY. Total net profit rose 10% to over VND 1 trillion, mainly driven by standout performers such as HAH (+1.54%) and TOS (-1.33%).
• After 3 consecutive sessions of net bought, foreign investors turned net sold VND 939 billion today. VCB (-2.04%), FPT (-3.20%), and VHM (0.00%) were the most heavily sold stocks. On the contrary, MWG (-0.78%) was the most notable net buy.
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