The market ended mixed on Wednesday, with the benchmark VN-Index extending its winning streak to a seventh straight session while the HNX-Index finished lower.
Shares extended their rallying streak on the Ho Chi Minh Stock Exchange but liquidity decreased significantly, showing investors’ caution ahead of the closing of Q2 net asset value of funds this week.
Vietnamese authorities have launched investigations into allegations of market manipulation and securities fraud involving FLC Group and Apec stocks, resulting in criminal proceedings against key individuals.
Lap Phuong Thanh Trading and Production Joint Stock Company (LPT) has sent a document to the Ho Chi Minh City Stock Exchange (HoSE) to withdraw its registration for listing shares on the southern bourse.
Analysts said the stock market will proceed with its uptrend as domestic investors' cash flows continue to pour into the market, in the context that all major banks have slashed their deposit interest rates.
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