Domestic investors opened 88,479 new securities accounts in November, a slight decrease compared to the previous month, according to data from the Viet Nam Securities Depository (VSD).

Many stocks have been rising over the last three weeks, but shareholders of several property stocks have been trying to lower the price in order to lure investors.

Retail stocks have entered a recovery phase following the general market's upward trend, given their bright long-term prospects.

VN-Index is forecast to move up to test the 1,030-1,080 point range this week but cautious sentiment still prevails.

Techcom Securities (TCBS) has signed an unsecured loan syndication contract worth about VND2.9 trillion (US$125 million), bringing the total mobilised value of the international capital market to more than $300 million in the past year, the highest in the country's security industry.

Shares increased for a second day, led by airlines and banks, but liquidity dropping showed investors’ caution about the market outlook.

The VN Index is ranked among the group of stocks with the strongest decline in the world of 42% since the beginning of the year. However, besides plummeting at some sessions, the VN Index is also unbelievably gaining in some sessions as well.

Despite difficulties, the domestic stock market has seen a big increase in net buying thanks to a recovery in foreign investor confidence.

The stock market finished higher on Thursday, boosted by bargain-hunting force after a two-day correction.

Lingering selling pressure continued to weigh on the market on Wednesday, however indices pared losses on gains of some pillar stocks.