The sudden surge in individual investors that had inundated the stock markets throughout last year has not waned in the first two months of 2021, with the VN-Index exhausting at a historical peak of 1,200 points. An unstoppable wave looks to continue in coming months.

Bank stocks, especially of smaller banks, are currently attracting a cash flow in the stock market in recent sessions. However, investors stand to face many risks if banks continue on their swinging waves at trading sessions.

Hundreds of stocks plunged due to a sell-off, dragging the VN-Index of the Hochiminh Stock Exchange down by 8.54 points, or 0.68%, at 1,238.71 points, April 16.

On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index lost 6.76 points, or 0.54 per cent, to 1,240.49 points. The market breadth was still negative with 322 stocks dropping while 98 stocks climbed.

After completing moving stocks to the Ho Chi Minh City Stock Exchange (HoSE), the one in Hanoi (HNX) would be responsible for government bond transactions and management of the derivatives market.

Viet Nam’s stock exchange ended mixed on Thursday as the benchmark VN-Index reversed course to finish lower while the HNX-Index continued its rally.