VN Index losses 0.9 points on January 14
The VN Index lost 0.91 points on January 14 to 901.8 points, with 143.8 million shares worth nearly 2.8 trillion VND (120.4 million USD) traded during the session.
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The VN Index lost 0.91 points on January 14 to 901.8 points, with 143.8 million shares worth nearly 2.8 trillion VND (120.4 million USD) traded during the session.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 8.74 points to reach 889.64 points on January 7, the first transaction day of the week.
Analysts and securities firms are hoping Vietnamese shares will perform better in 2019, but there are still many challenges that will clearly weigh on market sentiment.
The benchmark VN Index lost 3.7 points to settle at 908.56 points on December 24, with nearly 159 million shares worth more than 3.7 trillion VND (159.1 million USD) traded.
The Vietnamese monetary market will not suffer from any significant impact from the US Federal Reserve (FED)’s fourth interest rate hike in 2018 as the move was already expected, experts have said.
Under selling pressure from the beginning of the session, the VN-Index was down by over 18.39 points at the end of December 17 from the previous day, ending up at 933.65 points.
Vietnamese shares are forecast to rise at a slower pace over the last two weeks of the year amid worries about volatile global markets and falling domestic purchases despite the upcoming quarterly earnings season.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 2.7 points to close at 955.89 points on December 10.
Both indexes of the Vietnamese stock market ended in green on December 3, driven by the agreement between US President Donald Trump and Chinese President Xi Jinping to ease trade tensions.
Vietnam’s benchmark VN Index ended November with a volatile session with more than half of the blue chips closing in negative territory due to investors’ worries about the market’s prospect.
The surge of some large-cap stocks on the afternoon of November 26 helped the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) recover.
Market indexes and liquidity suffered a sudden fall in the final trading session last week, meaning that negative signals started to appear following a period of recovery.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 3.83 points to 918.12 points by the end of November 12, driven by petroleum and securities stocks.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) inched up 0.67 point to settle at 925.53 points on November 5, driven by petroleum and banking stocks.
After suffering for nine consecutive sessions, strong rebounds of the benchmark VN Index last week raised hopes for a short-term recovery with forecasts predicted to touch 940-950 points this week.
The Vietnamese stock market lost steam by the end of October 22 due to the rising selling pressure.
Vietnamese shares ended in the red on October 15 as widespread selling pressure hit many large-cap stocks on the day.
Vietnamese shares have been in the red as most large-cap stocks lost steam, caused by the sell-off on the world’s stock market.
