Positive news from the US-China negotiations last week brought prosperity to Việt Nam’s stocks on Monday morning.
Concerns about the US-China trade talks have lifted for now, and investors are turning their attention to third quarter earnings reports and how listed companies will perform in the last three months of the year.
A list of 755 enterprises failing to register to list on the stock market after privatisation will soon be announced.
Both the VN-Index and HNX-Index closed the week in the green but prolonged net selling by foreign investors was denting investor confidence in the market in the short run.
Shares gained slightly on the Ho Chi Minh Stock Exchange on Friday morning, supported by the positive performance of blue chips, but prolonged foreign net selling continued to weigh on investor sentiment.
Viet Nam’s benchmark VN-Index again failed to beat the 990 point mark with liquidity remaining almost unchanged as market sentiment was overclouded by uncertainty over US-China trade talks.
The figure was down from 363 recorded in August.
Vietnamese shares advanced on Thursday morning, driven by technology, energy and pharmaceutical firms.
Vietnamese shares fluctuated on Wednesday as investors remained uncertain about a deal being struck between the US and China despite earnings prospects in some key sectors.
Shares extended rallies on the two markets on Wednesday morning, propped up by bank stocks.