Shares look set to fluctuate next week due to a lack of supportive information and cautious sentiment triggered by a mixture of news from the world market, brokerages have predicted.
Vietnamese shares ended in negative territory as large-cap stocks continued to suffer from an increase in investors’ profit-taking.
Markets fell back towards the end of trading on Tuesday, but still managed to post slight gains, witnessing a large divergence among large-caps.
While large-cap stocks lost momentum, mid-cap and small-cap stocks were also hit by profit-taking pressure.
The movement of the Vietnamese market did not comply with Asian stocks, which continued growing Tuesday after both the US and China showed willingness to resolve their trade war.
Masan Group has reported its net profit in the third quarter this year soared to VNĐ2.23 trillion (US$96 million), a three-fold increase against the same period last year.