Việt Nam’s state-owned oil and gas group PetroVietnam has shown remarkable resilience in reaching its revenue targets, despite the hardships caused by the pandemic.
The market finished higher in the last trading session of the week as large-cap stocks gained points, while foreign investors net sold large values on both exchanges.
The market rose for fourth straight sessions on Thursday as investors sought out for real estate stocks, boosting many large-cap stocks in the group to move higher.
Although global oil prices continuously hit new peaks, not all Vietnamese oil and gas companies benefit from the higher prices.
The market inched higher on Wednesday, extended rallies as investors’ risk appetite improved in the late session, boosting many large-cap stocks to move higher.
The market extended gains on Tuesday as a strong injection of cash was poured into a series of banking and real estate stocks, propelling the indices.