As the VN-Index tumbled below 510 points last Friday after five consecutive falling sessions, stock brokers again forecast a gloomy outlook for this week, saying that the downward spiral will continue in the first two or three sessions with falling liquidity. Last week, the VN-Index lost 3.6%, closing at 509.03. Trade on the southern bourse declined 0.5% in volume but improved 6% in value. Foreign... 

The local market extended its losing streak for a third straight session on Wednesday with the VN-Index dropping to below 520 points, a strong resistance it had passed a week ago. Viet Capital Securities Company (VCSC) said another at-the-close (ATC) session drop proved that investors had good reason to be scared of exchange traded fund (ETF) activity in the next couple of weeks. Shares of BVH, DPM,... 

Securities firms expect the stock markets to continue the rally this week as the VN-Index hit its three-year high with strong liquidity last week while the HNX-Index stayed above the resistance of 64 points. Both indices retreated last Friday as a great number of shares traded early last week reached investors’ accounts, pushing the VN-Index to below the 520-point resistance level again. However,... 

Securities firms expect the market to enter a mild correction phase this week after the VN-Index climbed above the 500-point level twice amid strong liquidity last week. With four rising and one falling session, the VN-Index of the Hochiminh Stock Exchange jumped 2.6% against the previous week to close at 500.24. Liquidity sharply increased during the week as four sessions saw daily turnover of over... 

The local market gained big ground for a second straight session on Tuesday thanks to strong cash flow running to blue-chips, lifting the VN-Index past the 500-point level for the first time since April 11. After the VN-Index successfully broke above the 491-point resistance, sentiment was buoyed by FPT and VNM’s early rallies and soon swept through the broad market. Though failing to maintain the... 

As effects of the VND30-trillion housing loan subsidy package faded out last week, securities firms expect the local market to move in a narrow range with low liquidity this week, with investors expected to reduce trading to wait for more positive news. The market last week traded in thin range given a lack of news, especially in terms of business earnings releases. With investor sentiment leaning... 

The local stock market may repeat sideways movements this week as the interest rate cuts announced last week were already priced in and failed to buoy investor sentiment. Viet Dragon Securities Company said the HCMC and Hanoi stock exchanges actually got no macroeconomic news last week. News of the establishment of the Vietnam asset management company and of the VND30-trillion subsidy package for... 

The local market on Wednesday was seeing another slack trading day until active put-through transactions in the afternoon session lifted its total turnover to over VND1.1 trillion, the highest level since April 17. On the Hochiminh Stock Exchange, trading value increased by 28% against the previous day but around 50% of the value came from put-through transactions and 26% from foreign buying. Notably,... 

Securities enterprises predicted that liquidity on the local markets would not improve this week as investors would stay on the sidelines again before important macro news is announced. Last Friday, both markets were relatively quiet as the holiday-shortened trading week came to a close and there was little news so far on the second day of the 7th Central Party Committee meeting, which is scheduled... 

Despite a sharp rebound in the afternoon session, the local market lost ground for the third straight session on Tuesday as some large-caps such as BVH, MSN and HAG still closed in the red. The VN-Index bounced 12 points off an intraday low of 466.56 points as the selling pressure carried over from Monday subsided and bottom-fishers jumped in. The main index closed the day at 478.07, dropping 1.95...