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VCSC Daily - Vietnamese bourses advance amid investors’ optimism on the world economy and local equity market’s performance – Big day in earnings release

Momentum and self fulfilling prophecies that there would be a post-Tet rally, characterized today’s trading as sentiment was fortified by the unrelenting uptrend. Demand for stocks on the HSX jumped 50% to 82.5mn, the highest level on record since September 2011. The return of the bulls’ sentiment helped the HNX to win the highest one-day gain since October 2011 while the HSX extended its winning streak with the third 10-point gain within a week. A pile of stocks accelerated to their ceiling pri