Vietnamese shares ended Wednesday on a negative note, driven by the financial-banking, energy and brokerage sectors.
Vietnamese shares rose slightly on Tuesday after falling during the morning session, due to investors’ profit-taking attempts that hit large-cap stocks in the brokerage, real estate and construction sectors.
Shares declined on the HCM Stock Exchange (HOSE) yesterday, dragged down by blue chips despite rising demand on the southern bourse.
Shares cooled down a little on Friday on the HCM Stock Exchange after the “crazy” session on Thursday, backed by strong growth of finance stocks.
Shares fell slightly Wednesday on the Hà Nội Stock Exchange after rising for four consecutive sessions, due to investors’ profit-taking attempts that hit the large-cap stocks in the energy and banking sectors.
Vietnamese shares soared in the first trading session of the week as investor confidence remained strong on expectations for good earnings reports.
Vietnamese shares are forecast to move marginally this week as investors could realise their earnings after having priced in the growth prospects of both the market and local stocks.
Vietnamese shares bounced back on Thursday after Wednesday’s sharp fall sent stocks down to attractive prices, thus triggering investors to bottom-fish.
Vietnamese shares plummeted yesterday as investors realised short-term profits. Worries remained that the adjusted policy on margin lending could take effect early next month.
Vietnamese shares ended Tuesday on a negative note as large-cap stocks were hit by strong selling as investors worried about a draft amendment on the initial margin to be passed by market regulators.