Vietnamese shares ended Thursday on a negative note after foreign investors extended their net selling streak, further damping investor sentiment.
The market rose for fourth straight sessions on Thursday as investors sought out for real estate stocks, boosting many large-cap stocks in the group to move higher.
Shares fell slightly on Wednesday but liquidity dropped to the lowest in September, showing increasing investor caution about the market outlook.
Recent volatility on the global market has raised cautiousness among market experts about Việt Nam’s stock market movement this week.
Vietnamese shares struggled on Friday on low liquidity and falling large-caps stocks as selling pressure persisted.
Market analysts expect the coming easing of social distancing measures will help soothe investors' sentiment and the market will continue to have a few more weeks of accumulation before the third-quarter business results season.
Việt Nam's benchmark VN-Index bounced back yesterday after a two-day drop as blue chips recovered, especially aviation shares.
Vietnamese shares declined on Tuesday, dragged by market heavyweights as selling pressure increased significantly towards the closing minutes of trading.