Shares of Vingroup and Vietcombank increased by 3,5% and 5,7% respectively, pushing the VN-Index 13 points above its reference level, even as over 200 stocks on the exchange declined.

The stock market shows clearer signs of recovery as the VN-Index rises 17 points to 1,775 points, with liquidity slightly increasing to nearly 23,500 billion dong.

Supported by banking, oil and gas sectors, and Vingroup shares, the stock market turned green as the VN-Index gained over 13 points.

Foreign investors returned to net selling nearly 1,600 billion VND, the highest level in half a month, pressuring stocks to fall by nearly 11 points.

Large-cap group, led by Vinhomes, exerted pressure, causing the stock market to turn red again, with VN-Index falling by nearly 14 points.

Strong selling pressure this morning sent the TP HCM exchange into the red, at one point losing over 50 points before narrowing the loss to 34 points.