Shares corrected in the last trading session of the week with many heavy-weight stocks losing ground due to strong profit-taking pressure.
Shares rebounded on Tuesday as large-cap stocks extended their gains in the afternoon session thanks to strong buying forces.
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.
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.
Việt Nam's stock market reversed to drop slightly on Tuesday as a series of large-cap stocks lost ground on strong profit-taking pressure.
Việt Nam's stock market had a good start on Monday, bolstered by strong gains in many stock groups including securities and rubber production.
Analysts from securities companies said that there is still room for VN-Index to increase this week but the index's gaining momentum will somewhat be narrowed.
Shares lost ground on Wednesday due to the sharp fall of large-cap and mid-caps in the real estate group, pressuring the overall market.