After bottoming out in early April, the benchmark index reclaimed all losses incurred during the tariff-triggered volatility by the end of May. The rebound has buoyed equity funds, restoring previously negative returns to solid profits.
The VN- Index underwent a positive trading week with modest gains in four of five sessions last week, and is expected to keep its upward trend momentum thanks to the support of some prominent bluechips.
The VN Index on the HCM Stock Exchange rallied for a fifth session on Thursday as investor confidence was bolstered by positive earnings reports from listed companies.
Shares rose yesterday on the two exchanges as investors returned to purchase large-cap stocks with support information in expectation of a further expansion.
The VN-Index rose 1.29 points to 580.56, reaching its highest point in three months on the morning of April 12, supported by positive information from blue chip company Vingroup (VIC).
Vietnamese shares ended mixed this morning on the two local markets, while energy stocks rose.The benchmark VN Index on the HCM Stock Exchange declined 0.12 points to close at 564.14 points, while the HNX Index on the Ha Noi Stock...
Vietnamese shares extended their losses on both local markets this
morning, led by large-cap stocks, as investors remained worried
following a steep fall of Chinese stocks.
The Shanghai Composite Index slumped 245.50 points or 6.15 per cent to end at 3,748.16 in mainland China, leading Asian shares to close down on August 18
Asian markets ended higher on May 26. The Hang Seng Index
jumped 257.03 points to close at 28,249.86 in Hong Kong, while the
Shanghai Composite Index added 97.10 points to close at 4,910.90 in
mainland China.