VN shares sink as worries about virus-hit market arise

Vietnamese shares slumped on Monday as market sentiment was pressured by worries about the broader spread of the coronavirus in the country.

VN stocks nosedive following higher infection reports

Vietnamese shares tumbled again on Monday morning as blue chips were hit by a sell-off as worries of a coronavirus-hit economy took off on a higher number of infection cases.

Shares rise up despite falling macroeconomic metrics Shares gained for three consecutive sessions on Friday, retracing some of the early week’s losses despite the record 10-year low GDP growth released during the day.

Market analysts expect unstable trade this week The Vietnamese market will face unexpected movements due to the COVID-19 pandemic and the net selling pressure from foreign investors, market analysts said.

VN-Index rebounds after Monday’s crash Investors calmed down on Tuesday after a crash in the previous sessions, led by recovery of some major large-cap stocks.

Warning for VN stocks after new infection reports The Vietnamese stock market would struggle to hold on to its threshold as analysts are afraid the market sentiment could worsen after new coronavirus-infected cases were reported over the weekend.

Shares subdued as market shakes Weak support of banking stocks could not rescue shares from falling on Friday, causing the VN-Index to struggle during the session.

Shares narrow losses, fewer gold buyers on the God of Wealth Day Bargain attempts of investors in the afternoon helped cushion the fall in the Vietnamese stock market on Monday amid steep decline across the Asia.

Shares retreat on low liquidity

The market experienced an uneventful trading day Monday with sideways movements and slight fluctuations among declining liquidity.

Shares end 2020's first trading day on positive note

Trade improved in the afternoon session and concluded the first session of 2020 on a positive note on the two national stock exchanges.