Vietnamese shares followed Wall Street higher on Tuesday morning amid hopes that the global economy would soon recover thanks to a successful experiment of an anti-viral vaccine.
MSCI, a global leading provider of research-based indexes and analytics, has eyes for Vietnamese shares when it added five local shares to its MSCI Frontier Markets Small Cap Index.
Viet Nam’s stock market will rise higher in the second half of 2017 provided macro-economic conditions remain positive as they were in the first half, experts have said.
Vietnamese shares yesterday rebounded from a two-day decline as banks
advanced on second-quarter profits and higher oil prices pushed energy
stocks up.
PetroVietnam Power Corporation (PV Power) plans to sell its entire 2.88
million shares or 7.85 percent stake in affiliate EVN International JSC
in Ha Noi on August 1.
Shares continued to fluctuate this week, and closed down yesterday on both bourses. On the HCM City Stock Exchange, the VN-Index fell 0.51 per cent to finish at 574.81 points.