Duc Giang Chemical shares rebound strongly after a 3-year low

On 3 April, Duc Giang Chemical (DGC) closed at 56,500 dong per share, up 4.63% from the previous session. Matched trading volume surged to nearly 8.4 million shares, almost double the prior session, signaling stronger “bottom-fishing” demand. The stock marked its fourth consecutive session of gains, lifting DGC’s market capitalization to over 21.457 trillion dong.

DGC rebounds from recent low

Earlier, DGC traded down to a three-year price trough on 30 March at 49,000 dong per share. From that low, the stock has rebounded by more than 15%, equivalent to an increase of 7,500 dong per share over just a few sessions. Over the last four sessions, DGC has risen more than 15%, with nearly 20 million shares changing hands, reflecting a shift in investor sentiment from caution to buying the dip.

Company update: audited 2025 statements delayed

In related developments, Duc Giang Chemical said its audited financial statements for 2025 have been delayed. The company noted that on 17 March, the Criminal Investigation Department of the Public Security Bureau announced the filing of a case involving environmental pollution, violations of resource exploration, and accounting violations that caused serious consequences. The case remains under investigation, with many accounting records sealed and seized.

Market reversal after early gains

Despite a rally on the last trading day of the week, the market reversed sharply. The session opened with gains of close to 20 points, but demand faded quickly and the increase could not be sustained. Selling pressure in the afternoon pulled the main indices lower.

Index performance on 3 April

• VN-Index: fell 10.78 points to 1,684.04
• HNX-Index: declined 1.68 points to 248.68
• UPCoM-Index: dropped 0.74 point to 126.53

Sector and stock movers

Financial and banking stocks were among the losers, with several names down more than 3% including EVF, EIB and ORS. Others fell more than 2% such as VPB, CTS, SSI and VIX. Real estate stocks were among the few green sectors, but the broader sector picture remained negative.

VinGroup stocks VHM and VIC rose 1.1% and 0.79% respectively, while NVL gained 2.88% after companies announced 2026 AGM documents. In contrast, large-cap names declined sharply, including NLG down 4.75%, PDR down 1.24%, VRE down 2.57%, KDH down 3.25%, and TCH down 4.07%.

Other large-cap stocks also weighed on the market, such as VJC down 2.66%, GEE down 6.72%, GMD down 4.46%, GEX down 2.35%, MWG down 3.06%, HPG down 2.56%, and DPM down 2.37%. Only a handful of large-cap stocks stayed in the green, helping limit the decline, including BVH up 3.05%, BSR up 1.74%, and GAS up 1.27%.