Vietnamplus

Selling pressure is predicted to extend to this week’s trading, which may have negative impacts on the stock market, in the context of declining trade by foreign investors and unexpected movements in the US market.

Vietnam's shares recovered on Feb 2 after dipping for two consecutive sessions, due to strong investor interest in large-cap stocks that led the market upturn on expectations of good earnings reports.

Vietnamese shares declined on January 1 as the market reversed quickly at the end of the trading session and especially during the ATC session, dragged down by blue chips in the banking and energy sectors.

Vietnamese shares ended January 31 on a negative note, driven by the financial-banking, energy and brokerage sectors.

Vietnamese shares rose slightly on January 30 after falling during the morning session, due to investors’ profit-taking attempts that hit large-cap stocks in the brokerage, real estate and construction sectors.

Shares declined on the HCM Stock Exchange (HOSE) on January 29, dragged down by blue chips despite rising demand on the southern bourse.

Vietnamese stocks are expected to rise further on expectations of positive corporate earnings reports from the financial-banking sector and a strong inflow of foreign investment, analysts said.

Shares cooled down a little on January 26 on the HCM Stock Exchange after a “crazy” session on January 25, backed by strong growth of finance stocks.

Vietnamese shares soared on January 25 as investors flocked to pour money into the HCM Stock Exchange (HOSE) after a two-day halt in operations following a technical crash.

Vietnamese shares soared in the first trading session of the week as investor confidence remained strong on expectations for good earnings reports.

Viglacera Corporation JSC (Viglacera) plans to reduce its State ownership to 36 percent this year, said Luyen Cong Minh, executive chairman of the corporation.

Vietnamese shares are forecast to move marginally this week as investors could realise their earnings after having priced in the growth prospects of both the market and local stocks.

Vietnamese shares advanced further on January 19 as investor sentiment was cushioned by recent strong recovery of the market and hopes for better corporate performance in 2018.

Vietnam Rubber Group (VRG) is expected to list its shares on the HCM Stock Exchange in June or July after its initial public offering on February 2.

Vietnamese shares bounced back on January 18 after the previous day’s sharp fall sent stocks down to attractive prices, thus triggering investors to bottom-fish.

Vietnamese shares plummeted on January 17 as investors realised short-term profits. Worries remained that the adjusted policy on margin lending could take effect early next month.

Vietnamese shares advanced on January 15 as large-cap firms were boosted by positive investor confidence that was looking for opportunities in the earnings season.

Vietnam’s benchmark VN Index rose slightly on January 12 as recent growth of local stocks triggered investors to sell to make some profit.

The VN-Index made gains for the fourth straight day on strong capital inflow, but analysts warn of a possible profit-taking correction on January 12.

Vietnamese shares advanced for a second session on January 9 as investors remained upbeat over the firms that are expected to deliver good results in the earnings season.