VN-Index plummets following negative tariff news

MARKET OUTLOOK
The VN-Index opened with a negative gap of over 40 points today. The selling pressure persisted throughout the session and only showed signs of easing when the index dropped to the 1,230 level. By the end of the session, the index closed at 1,229.84 points, falling nearly 90 points compared to yesterday. Market breadth was firmly negative with all 18 out of 18 sectors declining. Regarding foreign trading, foreign investors recorded a net sell of nearly VND 3.7 trillion on the HSX today. Liquidity surged by over 100% compared to previous sessions, with sellers taking full control of the market. The index has now retreated to the January 2025 bottom area of 1,220 – 1,230 points. Investor sentiment has turned panicked due to sudden and adverse news regarding U.S. tariffs, which could lead to further sharp fluctuations in the short term. The next support level for the market is around 1,200 points.

FUTURES CONTRACTS
Futures contracts all decreased according to the movement of VN30.

COVERED WARRANTS
During the trading session on 03/04/2025, warrants fluctuated according to the downtrend of the underlying stocks.

HIGHLIGHT
• VN-Index -87.99 points, closing at 1229.84 points. HNX-Index -17.18 points, closing at 220.95 points.
• Pulling the index up: NAF (+0.02), PGI (+0.01), DTL (+0.01), BTT (+0.01), S4A (+0.01).
• Pulling the index down: VCB (-8.94), BID (-4.51), VIC (-3.82), CTG (-3.70), VHM (-3.61).
• The matched trade value of VN-Index reached VND 38,246 billion, increased 143.94% compared to the previous session. The total transaction value reached VND 39,554 billion.
• The trading range is 48.49 points. The market had 13 gainers, 8 remaining unchanged, 517 losers.
• Foreign investors' net selling value: VND -3699.61 billion on HOSE, including MBB (VND -692.17 billion), TPB (VND -357.72 billion), FPT (VND -338.59 billion), VNM (VND -308.70 billion), VCB (VND -267.60 billion). Foreign investors were net sellers on HNX with the value of VND -7.56 billion.

BSC30, BSC50 PERFORMANCE
• BSC30 -7.01%. 
• BSC50 -7.08%.