Việt Nam’s benchmark VN-Index climbs back above 1,800 points for the first time since early March, driven by property stocks, though weak breadth and foreign outflows signal lingering caution.
Vietnamese shares fell after two sessions of gains as banking and securities stocks declined, while the VN-Index closed below 1,710 amid volatile trading.
Vietnamese stocks rebounded on Monday as strong gains in banking and materials shares helped lift the VN-Index nearly 24 points, recovering part of the losses after last week’s historic market sell-off.
The average daily trading value on Viet Nam’s stock market has reached more than VND30.84 trillion (US$1.34 billion) per session so far this year, up 15.9 per cent from last year’s figure and now the second largest in ASEAN, only...