VN stock market to touch 980 points in AugustVietnamese shares are expected to go up in August as investors look forward to listed companies’ earnings prospects in the remaining five months of the year, especially banks and financial firms. The benchmark VN-Index on the HCM Stock Exchange gained 0.58 per cent to close last week at 935.52 points, totalling a two-day increase of 0.85 per cent. The HNX Index on the Ha Noi Stock Exchange added 1.07 per cent to end Friday at 105.70 points. An average of more than 252 million shares, worth VND4.82 trillion, was traded in each session of last week. “The market is expected to increase slightly this week with moderate trading liquidity, indicating investors are still cautious with the market conditions,” said Duc.

Source: VietNamNet News July 30, 2018 09:33 UTC