Stocks set to break all-time recordVietnamese stocks are expected to rise further with the benchmark VN-Index forecast to surpass its all-time peak of 1,170 in 2007 on rising investor confidence in the market outlook, analysts said. The southern market index gained 4.07 percent in three sessions last week. According to Chung, Vietnam’s stock market is a small frontier market, which is strongly affected by the fluctuations of the world stock market. In March, the VN-Index may move up to reach 1,182 points to a maximum of 1,225 points, Chung forecast. According to Bao Viet Securities Company (BVSC), large-cap stocks will likely extend gains early next week, supporting the overall market.

Source: VietNamNet News February 26, 2018 03:45 UTC