Vietnamese shares started the third quarter on a positive note as expected as investors were upbeat on ratified trade deals and expectations for quarterly earnings reports.
Vietnamese shares ended the week on a negative note as strong gains in oil prices were not enough to counter strong selling that weighed heavily on large-cap companies.
Vietnamese shares took off yesterday as oil prices increased and news on annual shareholder meetings and 2019 business plans helped cushion investor confidence amidst a lack of supportive news.
Vietnamese shares declined for a third session on Thursday as the market reversed quickly at the end of the trading session, dragged down by blue chips in the banking and energy sectors.
The positive movement of the Asian stock market bolstered gains of Vietnamese shares during the last trading session of the week.
The VN-Index gained for a fourth straight session on Thursday thanks to large buying power focused on certain large-caps.