Vietnamese shares posted the second biggest gain in the last month following the Government’s intention to block the spread of coronavirus across the country.
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) gained 3.59 per cent to end trading at 813.36 points.
Vietnamese shares suffered their biggest daily percentage drop in four months as new COVID-19 cases highlighted continued risks posed by the pandemic and dimmed the prospect of a swift economic recovery.
In the large-cap basket VN30, 16 of the 30 largest stocks by market capitalisation and trading liquidity increased while 12 declined
Large-caps recovered as the VN30-Index finished Tuesday up 0.17 per cent after slipping 0.36 per cent in the morning.
Financial-banking companies should be empowered to recognise professional investors instead of bond issuers when they come to purchase corporate bonds, regulatory experts have urged.
The market experienced an uneventful trading day Tuesday with sideways movements and slight fluctuations among declining liquidity.