Vietnamese shares ended Monday on a positive note thanks to the rise of some individual large-caps in the final minutes of trading but investors were still cautious about the market's short-term outlook amid a lack of supportive information.
Vietnamese shares retreated on Monday morning as investors were still cautious about the market's short-term outlook amid a lack of supportive information.
Viet Nam’s stock market struggled to find direction last week as liquidity fell continuously and foreign investors net sold a value of more than VND2.22 trillion (US$96.6 million), causing analysts from securities firms to have cautious views of the market this week.
Shares settled down on the last trading day of the week as investors returned to profit-taking activities, while foreign investors continued to net sell on the market.
According to the SSI Securities Corporation, local investors remain the driving force of Vietnam’s stock market as net selling continues by foreign investors.
Viet Nam’s stock market closed higher on Thursday, boosted by gains of many large-cap stocks across all sectors. However, the market liquidity continued to drop.
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