Vietnamese shares gained steadily on Monday, driven by energy, retail agriculture stocks despite underperformance of the financial sector amid investors’ uncertainty.

Vietnamese shares rose for a second day on both local markets on Thursday, driven by bank stocks on expectations that a new draft circular would help local banks operate more efficiently.

Forbes Việt Nam on Monday announced the Việt Nam Dairy Products Joint Stock Company (Vinamilk) topped the 40 most valuable companies in the country with a value of more than US$1.7 billion. This is the second time Vinamilk has reached the top in the Forbes ranking.

Vietnamese shares may continue to rise this week, as a difference in pricing between blue chips and speculative stocks, as well as prospects of solid third-quarter earnings reports, could keep investor confidence positive.

Vietnamese shares may continue to fall this week as local markets have not understood fully how Britain’s vote to leave the European Union (EU) could affect Việt Nam’s economy, threatening to pull down investor confidence, securities analysts warned.