Vietnamese shares fell in the early minutes of the afternoon session on increased selling but quickly rebounded on bargain-hunting power.

Local stocks tumbled today, October 2 after U.S. President Donald Trump confirmed that he and First Lady Melania tested positive for Covid-19.

Local shares rose on Friday morning, propelled by securities and banking stocks.

Vietnamese shares on Thursday cheered positive economic news and data while investors remained highly interested in purchasing shares on corporate earnings prospects.

Investors have for long been looking forward to high-end transactions such as secured short-selling and intra-day trading to be made official, and which will also create a fairness in the market. The recent draft Circular on Securities Trading Instructions has created an excitement in the stock market with investors awaiting to see a more robust bear market.

Local shares advanced on Thursday morning, driven by securities firms and material producers.