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Shares gain on banking stocks
Bank stocks were the main driver for the market on Wednesday morning, attracting a strong cash flow.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.78 per cent to end morning session at 1,063.55 points.
Nearly 351 million shares were traded on the southern bourse, worth VND6.9 trillion (US$298.4 million).
The large-cap tracker VN30-Index was up 1.29 per cent to 1,026.07 points.
Twenty-four of the 30 large-cap stocks in the VN30 basket decreased while four declined.
Banking stocks maintained their gains until the end of the morning session, strongly supporting the indices. The best performers in the group included Bank for Investment and Development (BID), Vietinbank (CTG) and Vietcombank (VCB).
On the Ha Noi Stock Exchange, the HNX-Index rose 2.29 per cent to 171.71 points.
More than 48.6 million shares were traded on the northern market, worth VNĐ650 billion.
The afternoon trading session starts at 1pm.
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