Vietnamese shares rebounded on Monday as market sentiment remained positive, following a new decree released last week to cut tax for virus-hit businesses.
Fourteen listed companies were honoured with IR Awards for having the best investor relations in 2020 in HCM City on September 22.
Banks, securities firms, technology companies and consumer businesses stood out among best-performing sectors on Friday.
Vietnamese shares gave up on a four-day rally on Thursday as large-cap companies were hit by profit taking while regional markets declined on Fed meeting.
Shares struggled to stay positive on Friday with the large-caps experiencing strong volatility but cash flow pouring into industrial real estate stocks still spurred the market’s uptrend.
Though the deposit interest rates of commercial banks have been reducing, people are still putting their money into banks amid the pandemic.
Shares ended lower on Wednesday due to selling pressure pushing large cap stocks down but bottom purchase demand increased towards the end of trading helped narrow market’s decline.