Vietnamese shares ended Friday on a positive note, driven by financial-banking and energy sectors as confidence was boosted by news on State capital divestment from State-owned businesses.
Vietnamese stock indices are regaining momentum for recovery and expected to remain upbeat during upcoming trading sessions thanks to the improvement of liquidity and the return of cash flow, analysts said.
Shares rose for the fourth consecutive session on Tuesday with an improvement of liquidity, largely on the strength of a handful of banking and individual blue-chips.
Viet Nam’s benchmark VN Index ended on a negative note for the second day in a row as profit-taking pressure rose in the last minutes to limit the growth of large-cap companies.
Vietnamese shares slipped on Monday as the two main stock indices fell, but the downtrend slowed during the closing minutes thanks to the recovery of blue-chips.
Vietnamese shares fell yesterday after two consecutive rising sessions as investors worried about a potential trade war between China and the US, which shook global markets.