The Vietnamese stock market has just experienced a fluctuating situation at the end of the week.
VN-Index opened up in the green, but with the general trading trend of differentiation, this index only increased slightly. Immediately after that, selling pressure showed signs of increasing and spreading, causing many stocks to reverse and adjust.
The demand appeared in the afternoon session, helping the main index rebound. However, the general trading flow of differentiation and liquidity is still quite slow, making it difficult for the VN-Index to accelerate.
At the end of the trading session, the HOSE floor had 256 stocks increasing and 220 stocks decreasing, the VN-Index increased by 5.88 points (+0.48%), to 1,229.23 points.
Total trading volume reached more than 798.6 million units, worth VND 17,662.5 billion, up more than 8% in volume and 15.2% in value compared to yesterday's session.
The agreement transactions contributed more than 75.7 million units, worth VND 1,974.5 billion.
The main driving force of the market is still Vingroup's VIC stock code as this code continues to have its second consecutive ceiling increase after the information shared by the enterprise at the 2025 Annual General Meeting of Shareholders held on April 24.
Accordingly, VIC shareholders have approved a business plan for 2025 with net revenue of about VND300,000 billion, up 56% compared to 2024 and after-tax profit of VND10,000 billion, up 90%.
VIC said that it has carried out procedures to list Vinpearl on the exchange and has reached the final steps, expected to be completed in April and May. For VinFast, it plans to sell about 200,000 vehicles to the domestic market this year.
That has helped VIC shares remain the main fulcrum when contributing nearly 4.2 points to the general index, closing up 6.9% to the ceiling price of VND 67,000/CP with liquidity reaching 14.78 million units, although foreign investors have net sold more than 2.22 million units.
In addition to VIC, some other major stocks also recovered strongly, adding strength to help VN-Index expand the range towards the end of the session such as VJC increasing by 6.2% to the highest price of the day at VND 91,000/CP, VNM increasing by 3.6%, MSN increasing by 3.5%...
In terms of industry groups, with VIC's leadership and VHM's positive growth, real estate stocks are still among the top with the best growth in the market. Meanwhile, the banking and securities groups still adjusted slightly with the industry dominating the red color.
Foreign transactions are a minus point when reversing to net sell VND640 billion in the whole market.
On HoSE, foreign investors net sold approximately VND591 billion. After selling, FPT and VIC shares were sold strongly for about VND147-148 billion, and STB was also net sold for VND126 billion.
In contrast, HPG shares were net bought the most in the whole market with a value of VND 87 billion, MSN shares were also net bought with VND 64 billion.
Next, HDB, GEE and NVL stocks were all net bought for about VND23-55 billion.