The stock market in 2025 has shown many positive signs, with the VN-Index surpassing 1,300 points and a 4% increase since the beginning of the year. In contrast, VNDiamond, the “diamond” index, has decreased by over 5% due to recent adjustments. Stocks FPT, MWG, and PNJ, which are key components of VNDiamond, have lost momentum recently, causing VNDiamond’s performance to lag behind VN-Index. FPT has dropped 20% from its peak in January and is at its lowest level since August 2024; PNJ is at a one-year low with a nearly 16% decrease. MWG’s performance has remained stagnant. On April 21, VNDiamond will undergo a reorganization for Q2 2025, with some stocks possibly entering or exiting the index due to not meeting foreign ownership (FOL) criteria. Launched in November 2019, the VNDiamond index comprises around 10-20 component stocks, reflecting ongoing market dynamics.
Leave a Reply