Vietnamese shares stayed positive on Friday on the back of strong buying demand, contrasting the downturn of regional stock markets.
Shares declined on Friday morning due to the losses of large-cap stocks.
The entire world has been severely affected and was suffering from the effects of the Covid-19 pandemic during the whole of 2020. The emergence of a new virus variant strain has now neutralized the effects of vaccines, making hopes of economic recovery even more uncertain.
Shares bounced back on Thursday on the back of large-caps, banking and energy stocks.
The market benchmark VN-Index declined on Thursday morning, while the HXN-Index surged.
Shares reversed after early gains in the morning session on Wednesday, with the market struggling for most of the trading time.
The emergence of the Kingdom’s third community transmission, dubbed the “February 20 Community Event”, has not had a discernible impact on stock prices, according to Cambodia Securities Exchange (CSX) vice-chairman Ha Jong-weon.
Shares rose on Wednesday morning thanks to the gains of large-cap stocks.
Shares extended gains on Tuesday but the market experienced strong volatility with big variation among sectors.