VN-Index decreased nearly 11 points in the NAV closing session of the first quarter of 2025

VN-Index closed last week at 1,317.46 points, down 0.33%, with trading volume down 11.5% compared to the previous week. Entering the last trading session of March 2025, the market saw a clear differentiation between stock groups as selling pressure continued to increase. This pushed VN-Index below the important support level. In the context that the general market was still under great pressure from large-cap stocks, many mid- and small-cap stocks attracted cash flow and maintained positive green.

Selling pressure became stronger in the afternoon session, causing the indices to continue to fluctuate strongly. Some stock groups even experienced a sell-off. Investors' sentiment therefore became more cautious. Market liquidity recorded a significant breakthrough compared to the previous session, reflecting the level of active trading amid increasing profit-taking pressure.

Today is the last trading session of the first quarter of 2025. This is also the time when investment funds finalize their net asset value (NAV). However, contrary to the expectation that funds would buy pillar stocks to maintain the market rhythm, the leading group recorded a sharp decline, causing the index to continue to widen its correction range. The VN-Index fluctuated below the reference level throughout the entire trading session.

At the end of the trading session, VN-Index stood at 1,306.86 points, down 10.6 points (-0.8%) compared to the previous session. HNX-Index decreased 3.14 points (1.32%) to 235.06 points. UPCoM-Index decreased 0.57 points (-0.58%) to 98.05 points.

The number of stocks that decreased completely overwhelmed with 498 stocks, while only 248 stocks increased in price. The whole market still recorded 25 stocks hitting the ceiling, while 17 stocks hit the floor.

Series of large-cap stocks drag down VN-Index

Although it was the NAV closing session of funds, red dominated the VN30 group. In this group, 20 stocks decreased while only 8 stocks increased. The increase of these stocks was also below 1%. In particular, GVR caused a surprise when it was sold to the floor price of 32,400 VND/share with the matched volume jumping to more than 9 million units. GVR was the stock that had the most negative impact on the VN-Index when it took away 2.28 points from the index. In addition, stocks such as VCB, FPT , BCM, MSN... also fell sharply and negatively affected the general market.

Besides GVR, a series of other rubber stocks also plummeted, such as PHR and DPR stocks were also pulled down to the floor price. DRI also decreased by more than 8.4%, TRC decreased by 5.8%...

Fertilizer and chemical stocks also had a negative trading session. DGC fell more than 3.2%, CSV fell up to 4.86%, DDV fell 3.5%.

This morning, Duc Giang Chemical Group Joint Stock Company held the 2025 annual general meeting of shareholders. Mr. Dao Huu Huyen, Chairman of the Board of Directors, revealed that in the first quarter of 2025, the Group's revenue reached about VND 2,700 billion, with a profit of about VND 800 billion. The 2025 business plan was approved by shareholders with revenue of VND 10,385 billion, an increase of more than 5% compared to 2024 and after-tax profit of VND 3,000 billion, a decrease of more than 3% compared to 2024. DGC plans to pay dividends at a rate of 30%, equivalent to 2024. DGC's stock price has dropped from VND 120,000/share at last year's meeting to below 3 digits after today's strong correction. According to Chairman Dao Huu Huyen's advice to shareholders, shareholders should keep as much as they have, do not sell or buy in haste, Duc Giang's future in the next 5 years is still very strong. "Just eat well, sleep well, and you will win in the next 5-10 years," Mr. Huyen shared at the Congress.

On the other hand, MBB was the stock that had the most positive impact on the VN-Index with 0.29 points when it increased by 0.84% in today's session. Codes such as MSB, VNM, KBC... also had relatively positive developments. Some stocks in the real estate and securities groups such as HDC, FTS, NLG, VCI... also went against the market and had positive transactions in today's session.

Foreign investors sold strongly in the session of March 31.

Market liquidity increased significantly compared to the previous session. The total trading volume on HoSE alone reached nearly 868 million shares, equivalent to a trading value of VND21,206 billion, up 24%. Of which, the matched trading value increased by 22.3% to VND17,545 billion. The trading value on HNX and UPCoM reached VND973 billion and VND611 billion, respectively. In total, liquidity on the three exchanges reached VND22,790 billion.

Foreign investors increased their net selling by more than VND1,360 billion across the market. Foreign investors sold the most shares of Vinamilk (VNM) with a value of nearly VND166 billion. Following that, HPG, SSI and FPT were all net sold for over VND100 billion. Meanwhile, VIX was the most net bought with VND77 billion. KBC was behind with a net buying value of VND48 billion.

Source: https://baodautu.vn/vn-index-giam-gan-11-diem-trong-phien-chot-nav-quy-i2025-d260914.html