Viet Nam’s stock market is set for unpredictable short-term movement, as both local indexes witnessed a choppy trading week last week, on low liquidity and weak cash flow.
The Ho Chi Minh Stock Exchange (HoSE) may include stocks of four listed companies in its coming large-cap VN30 Index review.
Market struggled on Friday after a two-day collapse due to low liquidity and lack of market support.
The VN-Index ended flat on Friday morning after a two-day collapse, but liquidity remained low.
More than 80 per cent of large-cap stocks on the Ho Chi Minh Stock Exchange declined on Thursday, dragging down the benchmark VN-Index.
Domestic stocks saw deeper correction today, January 17, as investors hiked selling pressure amid bearish sentiment, pushing the VN-Index of the Hochiminh Stock Exchange down 6.81 points, or 0.75%, against Wednesday at 901.89.
Shares ended down on Wednesday due to cautious market sentiment on the movement of regional and world markets.
Vietnamese shares fell slightly on Wednesday morning with low trading liquidity as investors were cautious with the conditions.