Shares on the HCM Stock Exchange rebounded in the last trading minutes on Thursday, propped up by the recovery of heavyweight stocks.
Vietnamese shares ended Friday on a positive note, driven by financial-banking and energy sectors as confidence was boosted by news on State capital divestment from State-owned businesses.
Việt Nam’s benchmark VN-Index was dragged down on Tuesday by large-cap stocks and net foreign selling after having rallied for three consecutive sessions.
Việt Nam’s benchmark VN-Index fell after a four-day rally, dragged down by financial-banking, retail and agricultural stocks.
Shares rose for the fourth consecutive session on the HCM Stock Exchange on Tuesday with an improvement in liquidity, largely on the strength of a handful of individual blue-chips.
Vietnamese shares are expected to go up in August as investors look forward to listed companies’ earnings prospects in the remaining five months of the year, especially banks and financial firms.
Vietnamese shares rebounded on Thursday as fears over a US-EU trade war eased and a foreign net purchase of local blue chips cushioned the market.
The benchmark VN-Index on Monday bounced back from a fall on Friday thanks to the increases of individual large-cap stocks.
Shares rose for the fourth consecutive session on Tuesday with an improvement of liquidity, largely on the strength of a handful of banking and individual blue-chips.
HCMC Securities Corporation (HSC) reported VNĐ325 billion in pre-tax profit in the first quarter of this year, a year-on-year increase of 250 per cent.