Shares finished higher on Wednesday thanks to the rise of large-caps in the banking and mining groups, bolstered by increased buying demand at the end of the trading session.
Experts believe that once the KRX trading system begins official operations, many international organisations will re-evaluate the Vietnamese market to upgrade it to an emerging market.
Vietnam’s stock market is expected to grow further this year as the Government has increased public investment, creating a premise for long-term growth.
Experts from securities firms said the market’s recovery trend is uncertain this year and investors are recommended to pursue surfing investment in the short term.
The market ended mixed on Friday with the benchmark VN-Index falling due to weak risk appetite, while the HNX-Index extended gains for four straight sessions.
It has become increasingly apparent that individual investors are not fully versed with the knowledge to trade on the stock market, and therefore are prone to facing shocks and risks.
Shares bounced back on the Ho Chi Minh Stock Exchange yesterday with the VN-Index rising 1.06 per cent to close at 1,507.99 points. Liquidity remained low, however, raising concerns of a “bull-trap”.
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