The stock market ended mixed on Monday as some profit-taking activities on bank stocks weighed on sentiment.

The VN-Index is said to have officially entered a short-term uptrend but analysts still warn that investors carefully consider the valuation of stocks, as well as not to hold speculative stocks with a high proportion to avoid risks in case of sudden downward correction.

Shares corrected in the last trading session of the week with many heavy-weight stocks losing ground due to strong profit-taking pressure.

Stock markets in Southeast Asia including Viet Nam have been severely impacted by the COVID-19 pandemic outbreak, according to studies presented at the annual Conference on Business, Economics & Resources held from November 25 to 26.

Vietnam's benchmark stock market index hit a fresh record high on Thursday, topping the 1,500 point mark for the first time and defying a slump across most other Asian equity markets.

The market was mixed on Friday morning, with the benchmark VN-Index hitting a new peak on back of large-cap stocks.

Shares extended gains for a third consecutive session on Thursday with the VN-Index hitting a record high, propped up by a slew of banking, securities and real estate stocks.

Shares advanced on Wednesday, led by gains in banking stocks and the market witnessed record high liquidity.

The Ho Chi Minh Stock Exchange (HoSE) plans to develop products like covered warrants bought based on underlying assets including indices/ETF and put warrant, to further improve covered warrant products on the Vietnamese stock market.

The State Securities Commission of Vietnam (SSC) has warned investors on the risk of conducting business and investment activities on trading floors that are not organised and operated by the Vietnam Stock Exchange (VNX) and its subsidiaries.