HÀ NỘI — The Vietnamese stock market had its first weekly decline in five last week, squeezed by strong selling pressure as investors took profits at levels near the strong resistance zone of 1,140 points. However, the market appears to have reacted early to positive news given more supportive fiscal and monetary policies, said experts. They net sold for the second week on HoSE at a value of VNĐ340.53 billion, but net bought VNĐ161.79 billion on HNX last week. "In general, the stock market will react early, so it is understandable to see a shift to the positive," said SHS. In its current state, the market benchmark is likely to rebound again soon towards stronger resistance zone of around 1,150 points.
