Vietnamese shares logged its best daily rise in almost three months on Monday as market sentiment improved following the US presidential election.

The global economy is reacting to the US presidential election results as they come in. Matthew Smith, head of Research at Yuanta Securities, discusses the stock market’s potential gains for emerging economies and how Vietnam could continue to benefit from foreign investment inflows in the medium term.

 Vietnamese shares advanced on Monday morning as market sentiment turned positive following the US presidential election.

The VN-Index edged up 2% month-on-month in October to finish at 925.47 and was among the best-performers in the world.

Margin rates offered by securities companies have been steadily lower since the beginning of the year. They have even declined faster than the rates of bank loans, a trend reinforced by foreign securities players.

Vietnamese shares are forecast to move positively this week, less affected by the US presidential election than initially assumed.

Shares managed to rally on Friday even amid strong volatility with big variations in large-caps' prices.

Shares were volatile on Thursday morning as many large caps plunged, weighing on the overall market.