VN shares predicted to trade marginally before Tet holidayShares are expected to move modestly in the coming two trading sessions as investors settle trading before the Tet (Lunar New Year) holiday, while concerns remain following recent turbulence in global markets. Furthermore, the unlisted market index fell 4 per cent after the five trading sessions of the week. In the first two sessions of the week, Viet Nam’s stock market lost some $14 billion in total market capitalisation. According to brokerage companies, investors will trade quietly in the next two sessions, before the Vietnamese stock markets close for the Tet holiday. “Given the sentiments before the week-long holiday, the market will remain dull, with declining liquidity,” Bao Viet Securities Company (BVSC) said in its weekend report.


Source:   VietNamNet News
February 12, 2018 07:52 UTC