Market rally to go on, corporate earnings in the sight

Việt Nam’s benchmark VN-Index climbed to a 10-month high last week and the market rally will keep on going, experts and securities firms forecast.

US presidential election, news shortage to weigh on local market in November After the third-quarter earnings season ends, the Vietnamese stock market may face a correction phase in November as investors try to realise their profits amid expected global market volatility due to the US presidential election.

Local stocks dragged by profit-making attempts

The large-cap, mid-cap and small-cap trackers all declined on Tuesday with losses recorded between 0.45 per cent and 1.07 per cent.

Struggles forecast on ending earnings season, rally lock-in Securities firms and analysts are getting pessimistic about the market’s short term trend.

Banks, tech firms sustain market rally

Vietnamese shares made modest gains on Friday as strong growth of banks and tech firms neutralised increasing profit-taking pressure in consumer, retail and insurance stocks.

Strong cash flow pushes shares up

Shares rose on Wednesday thanks to a boost from heavy-weighed stocks, but selling pressure increased strongly at the end of the session narrowed the market rally.

New decree lifts sentiment, extends market rally

Vietnamese shares rebounded on Monday as market sentiment remained positive, following a new decree released last week to cut tax for virus-hit businesses.

Shares hold onto 900 points under heavy profit taking Vietnamese shares staggered on Wednesday to extend the market rally to a fourth day under profit taking pressure, led by retail and energy sectors.

Profit taking to weigh on local market, but September may be bright

Việt Nam’s stock market rally may slow this week as investors eye profits but the one-month projection is still optimistic.

VN market advances for a fourth straight day Insurance, real estate, securities, brokerages, consumer staples, and aquaculture were the best performing sectors.