HÀ NỘI — The Vietnamese stock market gained for the second week in a row, with the VN-Index hitting the highest so far this year. On the Hồ Chí Minh Stock Exchange (HoSE), the benchmark closed last week at 1,168.4 points, while the HNX-Index on the Hà Nội Stock Exchange (HNX) was at 230.19 points. The global stock market moved positively after the data, and the dollar index dropped below 100 points, helping ease the pressure on the domestic exchange rate. Domestically, the positive news lured the previously hesitant cash flows to join the market, easily pushing the VN-Index over 1,150 points. The positive sentiment in the stock market may maintain this week and the VN-Index is likely to head toward the strong resistance zone of 1,180-1,200 points, the securities firm added.
