The benchmark VN-Index hit an almost decade-high on Wednesday after large cash flows poured into blue-chip stocks on investor optimism over a sustainable uptrend.
As the shelves and storeroom at Bookworm are overflowing, the book cafe will host a huge Christmas book sale on Sunday.
Shares shook sharply on Tuesday’s afternoon trade under increased profit-taking activity but still closed higher thanks to solid investor confidence in the market outlook.
The benchmark VN-Index struck a new 10-year peak again on Monday, ending the session at 903.55 points, up 13 points, or 1.44 per cent over Friday’s close.
Vietnamese shares were boosted to a new 10-year-high by large-cap stocks last week, but the latest drop may signal further decline in the coming week, analysts say.
Shares fell on the HCM Stock Exchange after rallying for 10 days to its 10-year high as the market was hit by strong investor selling.
Shares soared on both local markets on Thursday with the VN Index hitting a fresh 10-year high as investor confidence improved, pouring strong investment into all sectors and stocks.
After 10 years, VN-Index reached historical milestone when reaching 800 points. Việt Nam News talks with Steven Mantle, offshore fund raising director under Vietfund Management (VFM) about the market as well as operation of its funds.
Shares rose further on both local markets on Wednesday as investors looked for opportunities in other stocks rather than large-caps.