Markets set for low trading before TetShares 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 percent after the five trading sessions of the week. Such concerns triggered a massive sell-off across global markets and had a negative influence on Vietnamese stocks. In the first two sessions of the week, Vietnam’s stock market lost some 14 billion USD 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.
Source: VietNamNet News February 12, 2018 02:48 UTC