HÀ NỘI — The Vietnamese stock market posted a positive week last week, with the VN-Index officially surpassing the key psychological level of 1,200 points. Experts expect that the market may struggle this week but gradually head toward new highs. The Hồ Chí Minh Stock Exchange (HoSE) ended last week at 1,207.67 points, hitting a ten-month high, while the HNX-Index on the Hà Nội Stock Exchange (HNX) was at 237.54 points. Both benchmark indices set another weekly gain, of which the VN-Index climbed 1.1 per cent, gaining for the fourth consecutive week. Liquidity increased strongly with the average trading value of the market up 15.5 per cent over the previous week to more than VNĐ23.5 trillion (US$992.1 million).

Source: Viet Nam News July 31, 2023 01:30 UTC