In a positive scenario, experts believe that the VN-Index will experience fluctuations while continuing to test the 1,300-point range next week, supported by the movement of large-cap stocks.
On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index plunged 22.83 points, equivalent to 1.82 per cent, to 1,231.81 points as the VN-Index witnessed its third consecutive day of significant s.
Investors are becoming increasingly concerned and hesitant in making investment decisions due to the current low level of market liquidity, which is at its lowest point in the past two months.
The number of share auctions in the Vietnamese stock market has reached its lowest level in the past 16 years, according to recent statistics from the Hà Nội and HCM Stock Exchanges (HNX and HoSE).
The market''s benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) finished lower at 1,110.13 points, a decline of 4.07 points, or 0.37 per cent.
HoSE reported that most industry indexes experienced decreases in October, with the consumer goods industry (VNCOND) witnessing the largest decline of 20.22 per cent.
The recovery of profit growth in the last two quarters and supportive government policies are a solid foundation for the stock market to maintain a stable uptrend in the medium and long term.
Shares struggled around the reference price range on Tuesday with cautious cash flow and short-term profit-taking pressuring the overall uptrend of the market.
HOSE was overrun by gainers with 242 stocks on the increase, against 85 faring badly. Among the stocks, 19 hit ceiling prices whereas five sat at the other end.