The VN-Index is said to have officially entered a short-term uptrend but analysts still warn that investors carefully consider the valuation of stocks, as well as not to hold speculative stocks with a high proportion to avoid risks in case of sudden downward correction.
Vietnam Report and online newspaper Vietnamnet yesterday announced the list of Top 500 most profitable companies in Việt Nam in 2021 (PROFIT500) and Top 10 most prestigious companies in the food – beverage – retail sector.
Market analysts forecast that the VN-Index is unlikely to see a new drop in the short term as the demand for stocks remains significant.
Vietnamese shares dropped on Thursday as large-cap stocks were hit by strong selling pressure, especially during the ATC session.
Shares bounced back on the Hồ Chí Minh Stock Exchange on Wednesday, but liquidity declined, showing investor caution about speculative factors after a month of increasing.
Shares retreated on the Hồ Chí Minh Stock Exchange on Tuesday as selling pressure increased strongly towards the end of the session.