Shares ended Friday morning on a positive note as a series of large-cap stocks climbed up and spurred market.
Vietnamese markets gained on Thursday after a late surge on the HoSE overcame earlier declines on investors' short-term profit-taking activities.
Shares struggled on Thursday morning due to selling force dampening market sentiment thus sending large-caps down.
It takes time for foreign investors to study the new regulations and change their perception to the Vietnam’s stock market, stated a senior official at the stock market watchdog.
Strong individual purchasing power has been the key to the strong rebound of the Vietnamese stock market this year after it was hit twice by the COVID-19 outbreaks.
Increased profit-taking pressure dragged the benchmark VN-Index of the Hochiminh Stock Exchange down below the 940-point level today, October 21.
Vietnamese shares retreated from an eight-day rally yesterday as investors looked to sell after the earnings season ended.
Shares recovered from early losses on Tuesday to inch upwards, marking the eighth consecutive gaining day as cash flow increased at the end of the session and pushed up many large-cap stocks.