Vietnam Daily Market Recap April 2 2025 – DGC & REE AGM, PLX & NLG Update

Stocks flat; miners bolstered by new gold discoveries

The VN-Index opened higher and traded in the green for most of Wednesday’s session. Yet, abrupt selling pressure before ATC caused the market to give up all its gains and close flat, up just 0.04% at 1,317.83. Market liquidity improved 53% to VND19.3tn (USD772mn). Meanwhile, the HNX-Index posted a gain of 0.7%, closing at 238.13.

Basic Resources (+1.9%) led gainers, followed by Construction & Materials (+1.2%), Telecommunications (+1.1%), and Technology (+1.1%). In contrast, Insurance (-0.5%) and Industrial Goods & Services (-0.4%) sank.

Basic Resources companies, such as KSV (+10.0%), BKC (+9.9%) and YBM (+6.8%) enjoyed strong buying momentum as investors sought mining companies after the Vietnam Department of Geology and Minerals announced in a report the discovery of 40 new gold deposits with a total of 30 tons of gold in the Northwest provinces.

Foreign investors continued to net sold today with VND708.4bn (USD28.3mn), with selling momentum focused on TPB (VND82.4bn, USD3.3mn), VNM (VND70.1bn, USD2.8mn), and GMD (VND69.1bn, USD2.8mn), while they mainly bought VRE (VND87.4bn, USD3.5mn), VIX (VND54.5bn, USD2.2mn), and VIC (VND37.4bn, USD1.5mn).

Top performers today included VIC (+1.2%), FPT (+1.2%) and VCB (+0.5%). Top laggards included BID (-0.8%), MBB (-1.0%) and SSB (-1.8%).

Read the full report: HERE