Vietnamese shares dropped in the early trading session on Friday amidst the quarterly portfolio review of exchange-traded funds (ETFs).

Listed companies on the Ha Noi Stock Exchange (HNX) reported their profits grew 11.4 per cent year on year to reach VND19.93 trillion (US$855.6 million) in 2018.

Vietnamese shares ended Thursday on a positive note with extended growth among commercial banks, but stronger selling hindered the market’s short-term prospects.

Vietnamese shares alternated moving up and down on Thursday morning under strong short-term profit-taking pressure.

Financial-banking companies drove Vietnamese shares up for a second trading day on Wednesday.

Vietnamese shares gained slightly on Wednesday morning, driven by financial-banking companies.

Commercial banks lifted Vietnamese markets on Tuesday as investors got a boost from positive changes on global bourses.

Vietnamese shares had little movement on Monday foreign exchange-traded funds (ETFs) began shaking up their investment portfolios.