Caution predicted on stock market before TetSelling pressure is predicted to extend to this week’s trading, which may have negative impacts on the stock market, in the context of declining trade by foreign investors and unexpected movements in the US market. The negative movements also occurred on the Hanoi Stock Exchange, with the HNX Index losing 2.25 percent to close February 2 at 123.97 points. Most listed companies have announced their business results and the market will face an absence of information this week. Shares of leading banks and finance companies, which had been market supporters, also weakened and saw a divergence which failed to lift the market. “As the holiday is approaching, the market, in the last sessions before Tet, may not be as active.

Source: VietNamNet News February 05, 2018 04:18 UTC