After sliding in the morning, the VN-Index on the Hochiminh Stock Exchange reversed course to add 0.17 percent, closing at 601.59 points.

Trading value reached nearly 1.9 trillion VND (89.6 million USD) on volume of 101.8 million shares.

The VN30 Index, composed of the bourse's 30 leading stocks in terms of capitalisation and liquidity, rose 0.64 percent to close the session at 637.85 points. Only four blue chips retreated, while 18 others ended in the green.

On the Hanoi Stock Exchange, the HNX-Index successfully ended its losing streak, increasing 1.73 percent to 88.50 points. Turnover reached 859 billion VND (40.5 million USD) as the volume of transactions reached around 65.4 million shares. The HNX30 Index, representing the performance of Hanoi's 30 largest stocks, climbed 2.26 percent to 177.27 points.

KLF Investment (KLF) was the most active stock, with over 11 million shares exchanged, closing the session up 3.5 percent.

The market was supported by a decline in the consumer price index (CPI) in October. CPI in HCM City fell 0.03 percent compared to September, bringing the total increase in the first 10 months to 2.38 percent. In the previous four years, CPI rose in October.

Global market swings were currently negatively affecting the domestic market, according to Maybank KimEng Securities Co's head of investment strategy Phan Dung Khanh.

"While short-term investors may be affected, it's an opportunity for medium- and long-term investors to grab good stocks," he said. "The trend of October is cumulation, levelling off and slightly increasing by the end of the month, preparing for a rebound in November."

Khanh also advocated shares of logistics, securities, mineral companies and financial investment stocks such as FIT Investment (FIT), Tri Viet (TVC) and CEO Group (CEO).

Foreign investors concluded as net buyers by 55.9 billion VND (2.6 million USD) on October 22, ending their seven-day period of selling.-VNA