Market Recap February 2025 - VNI surpasses 1,300

The VN-Index (VNI) reached its highest level since June 2022. The VNI began the month with a 1% decline on February 3, mainly due to negative sentiment surrounding technology stocks, the effects of Chinese AI company DeepSeek’s emergence, and concerns about US President Trump’s planned tariffs on Mexico and Canada, which were set for February 4. However, from February 4 to end-February, the VNI generally trended upward, with only a few downward sessions. Several factors contributed to the VNI’s upward trajectory in February, including:

(1) The US postponed its tariff plans, prompting a global stock rally on February 4, including a 0.9% increase in the VNI;

(2) A stable economic environment that continued to foster investor confidence;