Vietnam Insight

Vietnam stock market continued to edge up higher on the 51st week of the year and VN Index was on the way back to the all-time high. Majority of the raise was contributed by the gain on the first session of the week. Since then, the Index moved sideways forest of the week due to lacking catalyst, cautious of investors for FED’s rate meeting, and uncertainty of VN30 future expiration date. Closing the week, VN Index added by 16.25 points or +1.11% and ended up at 1,479.79. Whereas HNX Index and UPCOM index were mixed, HNX Index increase by 1.2% and UPCOM Index ended -0.2% lower.