The benchmark edged higher on Thursday on the back of banking and real estate stocks, recovering from the morning session loss, while the HXN-Index ended lower.

Vietnam's stock market ended lower after Thursday morning's trading session with most sectors posting negative performance.

Viet Nam's stock market finished mixed on Wednesday as the benchmark suddenly fell while the HNX-Index increased 0.23 per cent.

After the VN-Index of the Hochiminh Stock Exchange had beat the 1,200-point level for the first time in three years, approaching the highest closing record of 1,204.33 points set in 2018, the main index ended its eight-day winning streak due to strong profit taking today, January 13.

 Viet Nam's stock market ended higher on Tuesday with the HNX-Index reversing course in the afternoon session.

Global demand for oil and gas has fallen drastically and the entire oil and gas industry has taken a heavy toll from the current and ongoing global Covid-19 pandemic. This is the reason why investors will fail to show any interest in oil and gas stocks in 2021.

Shares advanced at the start of the week with record trading value, propped up by solid investor confidence in a long-term uptrend.

It is not a coincidence that a strong economic growth period happened when the local stock market was setting new records.

Shares opened a new week on a positive note when both the VN-Index and HNX-Index rose on Monday morning.

In the context of favorable conditions on the stock market which saw the indices rising sharply over the past eight months, getting listed at the moment will give banks better valuation and make it easier for them to attract greater cash flows, especially when bank stocks are now a powerful magnet constantly in the spotlight.