Bottom-fishing demand and positive sessions last weekend helped the VN-Index improve in the last session of the week on October 11. Overall, the index increased by a total of 17.79 points (1.4%) to 1,288.39 points compared to the previous week; while the HNX Index decreased by 1.3 points (0.56%) to 231.37 points.
Banks contributed to the market's remarkable growth, while retail services dragged the index down. Stocks contributing to the notable increase in points: VHM, FPT, MSN, HPG, VPB. Stocks contributing to the market's decline were VCB, MWG, VNM, OCB ...
Notably, there were 3 consecutive increasing sessions at the end of the week but liquidity decreased sharply by 17.9% to 15,230 billion VND/session. Foreign investors net sold 664.1 billion VND on all 3 exchanges during the week.
The Lao Dong newspaper quoted comments from several securities companies about market trends next week:
Source: https://nld.com.vn/chung-khoan-tuan-14-den-18-october-hoi-hop-cho-bao-cao-tai-chinh-196241013194407079.htm
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