Việt Nam’s benchmark VN-Index surged on Wednesday after a six-day losing streak as investor sentiment improved following solid data of PMI in June and steep cuts in interest rates of some banks.
Vietnamese shares bounced back on Wednesday thanks to the upbeat global mood as massive stimulus efforts injected optimism amid the rapid spread of COVID-19.
The Ministry of Finance has approved a plan to reduce the fees for some types of securities-related services this week to support market members and investors badly impacted by the COVID-19 pandemic.
Vietnamese shares plunged on Wednesday with VN-Index recorded as the worst daily performing index index in Asia during the session.
Share slid on Wednesday as the spread of CO-VID 19 virus has dampened investor sentiment, triggering worries about a possible pandemic.