The stock market rose in a tight range on Tuesday morning on the growth of steel, securities and banking stocks

Viet Nam's stock market closed higher on Monday, boosted by gains of many large-cap stocks across all sectors.

In a recent report, Agribank Securities Corporation (Agriseco) said that Viet Nam’s stock market is in the greatest period in its history. With the complicated developments of the COVID-19 pandemic, there are many potential risks as well as opportunities for trained investors in the short term.

Strong cash flow into largecaps helped the VN-Index of the Hochiminh Stock Exchange rebound sharply today, August 9, adding 18.41 points, or 1.37%, to close at 1,359.86.

Viet Nam’s stock market continued to recover last week with improved liquidity and strong inflows from foreign investments. However, as the benchmark VN-Index struggled at the resistance level of 1,350 points and fell in the last session, many securities firms have to take a more cautious view on the market this week.

Viet Nam’s stock market was mixed yesterday, with the VN-Index ending its long rally on losses of bank stocks in the last trading minutes.

The stock market rose in a tight range on Friday morning, and was on track to gain for a tenth day in a row.

The market continued to rise on Thursday, boosted by gains in material stocks and interest from foreign investors as they net bought more than VND1 trillion on two main exchanges.

Shares ended early losses on Thursday morning, as the strong recovery of demand forces outweighed selling pressure.

The Ministry of Finance has issued a circular providing guidelines on the obligations of organisations and individuals in foreign investment activities on Vietnamese securities markets.