Shares on the Hồ Chí Minh Stock Exchange (HoSE) edged higher on Thursday, ending a three-day losing streak, despite liquidity falling to its lowest level since late October last year.

Benchmark indices continued their downward trend on Wednesday as investor sentiment remained subdued, causing liquidity to drop further.

The stock market faced increased selling pressure on Tuesday, with major stocks recording significant losses, particularly in the banking sector, while foreign investors continued their net selling spree.

Most open-end funds are currently surpassing the VN-Index in terms of performance in the first eight months of the year, according to a report from Fmarket, a platform concentrating on nearly 50 open funds managed by top fund management companies in Việt Nam.