Vietnamese shares ended Monday on a negative note as market sentiment was weighed down by the unpredictability of both local and international markets.
The market is expected to experience ups and downs within a narrow band during the coming week. Cautious sentiment will dominate the market as investors wait for information about the restructuring of exchange-traded funds and the Fed’s meeting.
Vietnamese shares dropped for the third straight session on Thursday but the recovery of large-caps at the end of trading session helped narrow the market’s decline.
Shares tumbled on Wednesday on low liquidity due to weak market sentiment as investors adopted a wait-and-watch approach with little capital injection.
Shares extended losses on Wednesday morning on extremely low liquidity due to weak purchasing demand as investors were not ready to return to the market.
Vietnamese shares tumbled on Tuesday as a lack of supportive business information dampened investor confidence in the market’s short-term growth potential.
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