Profit-taking pressure emerged across the board, particularly in banking and technology stocks, causing the VN-Index to retreat slightly to 1,301.39 points — a nearly 12-point in Friday''s session.
Accumulated in the first quarter of 2025, net withdrawals of equity funds were more than VNĐ5.3 trillion, (US$ 20 million) double that of the previous quarter.
The rally was driven by optimistic developments in US trade negotiations with both the United Kingdom and China, which supported investor sentiment across global markets.
Despite strong resistance and uncertain outcomes from the tarriff talks, analysts expect the VN-Index to consolidate in the short term before attempting to break the 1,280-point level and approach the psychological threshold of 1,300.
The system, developed with technology support from the Korea Exchange (KRX), is expected to bring significant changes to trading practices and boost market transparency and efficiency.
The launch of the new KRX trading system on May 5 is expected to bolster sentiment in the short term, analysts stress that macroeconomic factors, particularly US tariff policies, will be the main drivers of market direction in the coming...
According to statistics from Yuanta, market-wide revenue and post-tax profit rose by approximately 20.1 per cent and 50.8 per cent year-on-year respectively, buoyed by the low comparative base of 2024.
The key drivers include expectations of positive first-quarter business results from listed companies, the official launch of the new KRX trading system on May 5, and encouraging signals from the international environment, such as progress in US-China and US-Việt Nam...