Infographic: VN-Index closes week in red with 0.9% decline
Viet Nam's benchmark VN-Index delined 0.9% to 1,301.39 points on May 16. The index closed 11.81 points lower after gaining 3.47 points in the previous session.
Global gold prices posted a second straight week of gains following a sharp decline, closing the week at 4,676 USD per ounce. Most analysts expect prices to move sideways, while retail investors remain optimistic about the precious metal’s short-term outlook. Meanwhile, SJC gold bars ended the week at 174.5 million VND per tael.