A big on Friday has signalled Viet Nam’s benchmark VN-Index may continue falling this week as investors worry about global markets and earn some profits from local stocks.
Viet Nam’s benchmark VN Index ended its six-day rally as investor confidence was dampened by negative developments of the US-China trade dispute but strong purchases helped offset some of the losses.
Vietnamese shares yesterday extended gains from Friday on both local
markets as listed real-estate firms reacted positively to the latest
circular issued by Viet Nam''s central bank.
Vietnamese shares ended with mixed results on the two local exchanges
yesterday while investors remained cautious as local markets lacked
supporting information.
Vietnamese shares continued to sink into negative territory for a fourth
day as investor confidence remained low amid fears of a possible US
rate hike in June and as oil prices extended their falls.
Vietnamese shares slid further on both local exchanges as investor
confidence in financial firms remained low, following the US central
bank''s announcement on Thursday.
Vietnamese shares extended gains for a second day on both local
exchanges as energy stocks continued to be lifted by higher oil prices
and debt-laden firms received good responses from creditors.
Vietnamese shares were mixed for a third day on the two local exchanges
yesterday, while blue chips continued to attract foreign investors with
positive quarterly performances.