The Vietnamese stock market enjoyed a week of robust performance, with the VN-Index recording three consecutive weeks of recovery and posting substantial gains from its support level of 1,200 points.
The stock market concluded the first trading week of December with a modest gain on Friday, as the VN-Index successfully breached the 1,270-point threshold, while foreign investors extended their net buying streak.
The stock market witnessed a robust rally on Thursday, with both the VN-Index and liquidity posting significant gains, supported by strong foreign net buying.
VNDirect Research reports that exchange-traded funds (ETFs) in Việt Nam continued to experience significant net capital outflows in November, totalling over VNĐ1.34 trillion (US$52.8 million).
The stock market saw significant declines on the first Wednesday of December, with the VN-Index retreating close to the 1,240-point mark as foreign investors extended their net-selling trend.
The pharmaceutical industry has emerged as an attractive option, despite the recent fluctuations on the domestic market, attracting investment flows and propelling stock prices to unprecedented levels.
Việt Nam's stock market retreated slightly on Tuesday, with the VN-Index dropping below the 1,250-point threshold as foreign investors continued their net selling trend.
Despite bright prospects due to increased investment disbursement, public investment stocks are experiencing prolonged stagnation and underperformance compared to the broader market.
The VN-Index recovery last week brought short-term positivity, supported by favourable macroeconomic factors. However, market liquidity remains low, and risks persist.
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