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 inched higher on Wednesday, extended rallies as investors’ risk appetite improved in the late session, boosting many large-cap stocks to move higher.
The low interest rate for deposits is part of an effort to lower lending rates for consumers and businesses, who have been struggling during the pandemic.
Shares fell slightly on Wednesday but liquidity dropped to the lowest in September, showing increasing investor caution about the market outlook.
The COVID-19 pandemic is considered to be one of the key reasons for the surge in deposits by companies.
Recent volatility on the global market has raised cautiousness among market experts about Việt Nam’s stock market movement this week.