The Vietnamese market is forecast to enter a recovery phase this week after a strong correction last week but investors should remain cautious with the market’s risk factors and instability.
Shares struggled on Friday with the market experiencing strong volatility with big variations in large-caps’ prices.
Shares plunged on Tuesday, pressured by the slump of securities stocks that were hit strongly during the last minutes of the session by increased profit-takings.
Vietnamese stocks had a good start on Monday largely led by gains in financial shares and heavy-weight stocks.
Vietnamese stocks recovered to end higher in pre-Christmas trading on Friday, largely on the strength of a handful of banking and securities blue-chips.
Vietnamese stocks slipped on Thursday, with banking and securities shares extending falls and steel stocks tumbling, pressuring the indices amid a strong selling force.