While corporate earnings reporting no longer has an impact on overall market sentiment, all eyes will be on new developments of the second wave of coronavirus in Việt Nam.
Vietnamese shares posted the second biggest gain in the last month following the Government’s intention to block the spread of coronavirus across the country.
Vietnamese stock markets ended lower on Friday as a continued rise in coronavirus cases dashed hopes of a swift recovery from the pandemic-hit economic downturn.
A rise in beaten down banking and energy stocks helped Vietnamese shares rebound on Thursday as investors pinned hopes on the Government’s drastic measures to tackle the COVID-19 outbreak.
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) gained 3.59 per cent to end trading at 813.36 points.
Friday’s tumble saw large-cap stocks decline sharply after they had strived to recover in the past one months.