The VN-Index managed to recover some of its footing on July 6, bouncing back to 454.27 points, an increase of 4.32 percent.

Nearly all listed stocks and fund certificates on the HCM Stock Exchange posted gains and hit the ceiling price within their regulated trading bands.

The total value of the trades reached 1.18 trillion VND (66.3 million USD) on a volume of 31.4 million shares, with market-leader Sacombank (STB) accounting for 5.16 million, or 17.09 percent of the total.

Recently listed Vietcombank (VCB) managed a distant second, with a modest volume of 1.57 million shares.

Vincom Securities Co analysts suggested that the low prices of financial shares at the end of last week prompted July 7 jump.

In Hanoi on July 6 , the HNX-Index also rebounded by 4.38 percent to end the day at 154.14. Market volume rose 9.7 percent over July 3 total, to 14.75 million shares, worth a combined 483.3 billion VND (27.2 million USD).

Asia Commercial Bank (ACB) was the most active share on the northern bourse with 2.7 million traded.

Foreign investors were net sellers on both stock exchanges on July 6, responsible for combined net sales of 290,960 shares.

Meanwhile, the UPCoM-Index managed a second day of gains on July 6, gaining 3.53 percent to close at 77.09 points, on volumes twice those of July 3 totals.

Volume on UPCoM was 676,334 shares, worth a total of 8.7 billion VND (488,764 USD) Foreign investors accounted for 4,500 shares of the total, worth just 51.3 million VND (2,882 USD) – the entirety spent on shares of APEC Securities Co (APS). APS closed essentially unchanged, up just 0.2 percent to 11,300 VND per share./.