Vietnamese shares gained slightly on Wednesday as the market sentiment was buoyed by positive news from the US-China trade war but investors were still aware of the key events ahead.
The VN-Index bounced back on Wednesday morning after a two-day decline on the Ho Chi Minh Stock Exchange, propped up by oil and gas stocks.
Vietnamese shares slid on Tuesday as investors remained quiet ahead of key events that focus on the global economy, finance and trade issues.
Large-cap stocks continued to underperform on Tuesday morning, dragging down the benchmark index on the Ho Chi Minh Stock Exchange.
In the first five months of this year, investment funds lost in the race against the benchmark VN-Index, online newspaper ndh.vn has reported.
Vietnamese shares ended Monday on a negative note as market sentiment was weighed down by the unpredictability of both local and international markets.
The market is expected to experience ups and downs within a narrow band during the coming week. Cautious sentiment will dominate the market as investors wait for information about the restructuring of exchange-traded funds and the Fed’s meeting.
The VN-Index rebounded on Friday after a three-day decline thanks to the recovery of a few large-caps.