This week, Vietnam’s stock markets closed in the green, as the benchmark VN-Index rose 1.34 points to 988.91 points while the HNX-Index inched up 0.7 point to 106.82 points.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) picked up 10.41 points to reach 961.3 points on February 18, the first day of the week.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 10.54 points to reach 919.21 points in the morning of February 11, the first working day after the nine-day Tet (Lunar New Year) holiday.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) grew 3.3 points, or 0.36 percent, from last week to hit 912.18 points on the week’s first trading day, January 28.
The number of trading accounts rose by 260,000 to reach nearly 2.2 million as of the end of 2018, according to the Vietnam Securities Depository (VSD).
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.
The Ho Chi Minh Stock Exchange (HoSE) has recently accepted or looks set to accept the listing of three more large-cap companies, but questions remain following a volatile year for the market.
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.
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.
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.
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