Stocks set to rise further in last week of 2017 - News Summed Up

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Stocks set to rise further in last week of 2017


Stocks set to rise further in last week of 2017Stocks on the national exchanges are expected to rise further in the last week of 2017, boosted by positive macro economic development and foreign traders. On the Hanoi Stock Exchange, the HNX-Index increased 1.28 percent after five sessions last week, ending Friday at 113.03 points. In the stock market, large-cap stocks continued to drive the market, mostly oil and gas and bank stocks. Gains in global oil prices helped push up local oil and gas shares. With positive earning prospects, bank stocks also posted a winning week with big lenders such as Vietcombank (VCB), BIDV (BID) and Vietnam Prosperity Bank (VPB) climbing 4-10 percent each.


Source: VietNamNet News December 25, 2017 04:18 UTC



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