Many securities companies are optimistic about the stock market this week, as companies will soon release their first-quarter business statements and a support package worth VND340 trillion (US$15 billion) will also be disbursed.

Although the current Securities Law includes severe penalties, the number of stock price manipulation cases is increasing, causing great damage to the market and frustration for investors.

Shares finished higher on Friday as the market sentiment improved significantly, pushing the benchmark VN-Index above the psychological level of 1,500 points.

The market continued to fluctuate on Friday morning, with the VN-Index gaining more than 14 points, while HNX-Index extended losses.

Violations by the 2015-2020 State Securities Commission (SSC) Party Committee and its officials were found to have significant implications, according to the Central Inspection Commission of the Central Committee of the Communist Party of Vietnam.

The stock market ended mixed on Thursday, with the VN-Index recovering from the previous loss on large-cap stocks. However as investors remained cautious, both benchmark indices fluctuated in a tight range.

It is imperative for the stock market authorities to timely provide information to the public and protect the lawful rights of investors.