Shares were mixed on Wednesday morning, with the VN-Index recovering on the back of large-cap stocks.
Shares plummeted on Tuesday despite the growth of some major blue chips as negative information continued to weigh on small and medium cap stocks.
The market fell on Tuesday morning, extending yesterday's downtrend due to a strong sell-off.
As the buoyant and robust inflows to Vietnam’s stock sector are predicted to stay steadfast in 2022, local and foreign-backed securities firms are battling with one another to capture a larger chunk of the market.
Although market regulators detect many violations on the stock market, the penalties are often not proportionate to the profit, and so are of little deterrent to would-be rule-breakers.
The market finished lower during Monday's trade, weighed by profit-taking activities across all sectors.
Shares edged down on Monday morning as profit-taking activities weighed on market sentiment.
The Vietnamese stock market has witnessed drastic changes in both quality and quantity in 2021 and the trend will continue this year, BIDV Securities Company said in a recent report.
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.
In December 2021, the market benchmark VN-Index could have surpassed 1,498 points if it were not affected by the holiday, Dragon Capital said in a recent report.