Last week’s stock market volatility has kept the VN-Index around 630 points all week, edging up 0.28 percent on the week’s last trading day, while the HNX-Index concluded its last session in red, down 0.59 percent.

A slump of hot bluechips in the insurance and banking sectors, which had previously enjoyed strong gains, together with the separation between stocks in the same industry are believed to be holding back the market.

Liquidity on both national stock exchanges fell 17 percent from the previous week’s level to only 135 million shares changing hands.

The decrease is owed to reduced cash flows pumped into the market and the increasing number of investors offloading their shares, said the Viet Dragon Securities Corporation (VDSC), adding that the stock market would remain volatile this week.

The firm recommended short-term investors unload their shares when the market turns positive while long-term investors should maintain roughly half cash and half stocks to reduce risks and be ready for following waves.

The VPBank Securities (VPBS) expressed concern that if stock demand does not improve notably to generate big enough profits, short-term investors will lose patience and bail out, increasing pressure for the market.

The investors would do better to keep the shares as the market is experiencing an overall upward trend, Maybank Kim Eng Securities (MBKE) suggested.

The VN-Index may need a few more sessions to hit 640 points, it added.-VNA