Shares ended the week on a negative note as selling pressure increased gradually at the end of the session.

The approval of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) trade pact helped lift export stocks while other sectors ended Tuesday deep in negative territory.

Third-quarter earnings reports from large-cap companies have signalled the earnings season is near its end, pushing investors back to a defensive zone and again putting pressure on the stock market with low confidence.

As the stock market is experiencing strong volatility and shows little signs of strong recovery, the State may struggle to sell its stake in State-owned enterprises (SOEs) on schedule.

Vietnamese shares extended losses for a second session on Wednesday as last-minute selling drove capital towards assets other than stocks, showing low investor confidence.

Shares plummeted on tumbled for the second session in a row on Thursday as strong selling pressure hit many large-caps during most time of the trading session and turned stronger in the last minutes.

Vietnamese shares yesterday extended their losses for a second day on the two national stock exchanges as many large-caps in banking and securities suffered strong selling pressure.

Shares declined on the HCM Stock Exchange on Thursday as the market was hit by poor investor confidence due to a lack of supportive information and by intraday profit-taking.

Shares fell slightly on the HCM Stock Exchange on Friday as large-cap stocks lost steam and declined on investors’ late selling.

Vietnamese shares struggled to extend gains on both local exchanges yesterday, weighed down by low investor confidence.