Inactive cash showed signs of shifting to securities as banks continue to reduce deposit interest rates to below 8 per cent per year, expanding the liquidity of the stock market.

The Vietnamese stock market posted a positive week last week, with the VN-Index officially surpassing the key psychological level of 1,200 points. Experts expect that the market may struggle this week but gradually head toward new highs.

The market on Friday was lifted on risk appetite demand from both domestic and foreign investors in the last trading session of the week, with the VN-Index topping the psychological level of 1,200 points again.

Investors should buy in stocks of businesses with strong resilience in the second half of this year, amid the context that the stock market is potentially entering a growth momentum.

The market benchmark VN-Index corrected on Thursday after breaking over the psychological barrier of 1,200 points in the previous session, ending its winning streak.