The market witnessed steep declines Friday because of concerns over the coronavirus outbreak that dampened investor sentiment.
Shares plunged on both national stock exchanges on Thursday morning – the first trading session after the Tet (Lunar New Year) holiday – due to volatility on the global markets given developments of the virus outbreak in China.
The market experienced an uneventful trading day Monday with sideways movements and slight fluctuations among declining liquidity.
Trade improved in the afternoon session and concluded the first session of 2020 on a positive note on the two national stock exchanges.
Shares moved in opposite directions on the two national stock exchanges on Monday, with low liquidity demonstrating investor caution ahead of the New Year holiday.