Shares struggled to maintain last week's upward trend on the two local bourses with a slight gain on Monday, experiencing strong volatility among big differentiation between large-caps’ prices.
Vietnamese shares ended Thursday on a positive note following the improvement of global markets as trade war fears were soothed by news of potential talks between China and the US.
Bảo Việt Securities Company (BVS) has set a target of VNĐ454 billion (US$19.91 million) in revenues and VNĐ143 billion, in after-tax profit, a company document recently revealed.
Vietnamese shares traded lower on Wednesday as blue chips were mixed and a sharp fall of trading liquidity showed investors’ caution with market conditions.
Shares cooled down a little on Friday on the HCM Stock Exchange after the “crazy” session on Thursday, backed by strong growth of finance stocks.
Large-cap companies continued to drive shares on the HCM Stock Exchange up yesterday, but analysts warned of market volatility over investor worries about the market’s dependence on blue chips.
Shares edged down on the two national stock exchanges on Monday, led by large caps which declined steeply under strong profit-taking selling pressure.
Mixed share performance is expected this week and market sentiment is forecast to remain weak before companies release their second-quarter earnings reports.