Vietnamese shares fell on Monday morning, dragged by the poor performance of large-cap stocks.

Although the uptrend of the VN-Index is expected to be maintained this week, if there is no strong supportive information, it is believed the index would probably move sideways.

Prime Minister Nguyen Xuan Phuc has approved a new plan that focuses on restructuring the securities market until 2025.

Shares ended the week on a negative note as selling pressure increased gradually at the end of the session.

Vietnamese shares tumbled on Friday morning on negative sentiment about a potential global economic recession.

Domestic stocks marked the third straight session of sideways movement today, March 7, as large stocks again turned volatile at the strong resistance level of 1,000 points.

About 190 foreign investors were granted securities trading codes in February, bringing the total number of foreign investors participating in Viet Nam’s securities market to 29,454, according to statistics of the Viet Nam Securities Depository (VSD).

Viet Nam’s benchmark VN-Index surpassed the 1,000-point landmark on Thursday morning as investors continued to pour money into large caps.

Strong cash flow poured into the market on Wednesday helping the indices reverse from the morning session and climb in the afternoon.