Vietnamplus

Despite negative effects of the COVID-19 pandemic, oil and gas enterprises still recorded a prosperous year thanks to the sharp rise in oil prices.

Indices were mixed on Wednesday, with some large-cap stocks rebounding from the recent sell-off.

In December 2021, the market benchmark VN-Index could have surpassed 1,498 points if it were not affected by the holiday, Dragon Capital said in a recent report.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) picked up 4.01 points to a new peak of 1,412.56 points in the last minutes of this morning’s trading session.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 7.12 points to a new peak of 1,305.1 points on May 25 morning as several large cap stocks made significant gains.

After having declined for four straight weeks, the Vietnamese market may rebound in December as analysts and securities companies expect that cheaper shares will attract hungry investors amid the world’s volatility.

Vietnam’s benchmark VN-Index last week ended at its 13-month high but its struggle on the last two days signalled growth had stalled and it would move sideways in the coming week.

Vietnamese shares advanced on October 8 as attention shifted to companies with good earnings prospects amid a lack of supportive information.

Investors may keep betting on bank stocks this week, securities firms said, but selling pressure may weigh on the market’s overall performance as local stocks are considered as being overbought in recent days.

Vietnamese shares advanced on March 4 with the strong growth of large-cap stocks such as Vingroup (VIC), Vinhome (VHM), PV Gas (GAS), Vinamilk (VNM), and Vincome Retail (VRE).

Vietnamese stock markets are expected to remain positive in the short-term, with the VN-Index moving towards the 990-1,000 point range next week.

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.

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.

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.

Vietnam’s stock market will have to pin its hopes on foreign investors to continue recovering in September, said Bernard Lapointe – head of the research division at Rong Viet Securities Corporation.

Vietnamese shares are forecast to extend their growth in the final week of August by a marginal rate while volatility is widely expected by analysts as buyers are believed to be cautious due to the lack of news that could bolster optimism in the market.

Shares on the Ho Chi Minh Stock Exchange (HoSE) slightly increased on August 20 thanks to the strong surge of heavyweight stocks.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) dropped 16.9 points to settle at 961.37 points on August 15, with over 188.9 million shares changed hands at a value of over 4.45 trillion VND (191.3 million USD).