As our previous forecast, Vietnam stock market has experienced a gloomy trading week. We believe that the market’s internal strength is quite weak.
Ending the trading week from June 10 to 14, VN – Index fell 4.67 points to 953.61 points; HNX – Index dropped 0.747 points to 103.46 points. This is the fourth consecutive losing week for the VN-Index and also the seventh week of decline for HNX – Index.
Besides the decline, the liquidity remained low, only about VND 3,600 billion / session on both exchanges.
In fact, in the past week, the market has not had any positive support information to be able to turn up. Meanwhile, movements of the world market are difficult to predict.