Stock brokers work on the Hanoi Stock Trading Centre (Photo: VNA)

VN stocks extend gains as State unloads

Shares advanced further on both local exchanges on November 13 as investors eagerly anticipated some companies’ sale of more shares to reduce the State’s capital holdings, and by the impacts of the APEC event last week.

Highlighted events in Vietnam’s stock market in 2014

* Oil price drop drag market down The event that China illegally installed oil drilling rig in the Vietnam’s waters at the beginning of May this year had strongly affected the Vietnam’s stock market. Within seven trading sessions after that event, VN-Index plummeted more than 11 percent to 508.51 points. HNX-Index lost more than 13 percent to 68.74 points. These were biggest losing trading sessions since August 2012.