The Vietnamese market is forecast to enter a recovery phase this week after a strong correction last week but investors should remain cautious with the market’s risk factors and instability.
Shares struggled on Friday with the market experiencing strong volatility with big variations in large-caps’ prices.
Shares reversed course to trade higher on Wednesday, strengthened by the strong increase of banking stocks that attracted hugh injection of cash flow.
Shares nosedived on Monday due to the fall of real estate stocks caused by massive selling at the end of the trading session.
The suspect of an armed gun robbery in Hải Phòng on Friday was arrested on Sunday, after three days in hiding.
The market ended mixed on Wednesday, as rising selling force triggered losses in many large-cap stocks, especially in manufacturing, real estate and banking sectors.