The VN-Index surpassed the benchmark of 580 points on June 11 as market liquidity remained high and blue chips drove the market upward.

Gas and real-estate shares helped the market improve, while bank shares continued to decline with half of them falling from June 10 values.

On the HCM Stock Exchange, the VN-Index gained 1.21 percent to finish at 581.05 points with 161 advancers and 62 decliners.

Market liquidity rose from June 10 figures with nearly 166.7 million shares being traded, worth 2.7 trillion VND (124.8 million USD).

Blue chips attracted strong investments. Ocean Group JSC (OGC) and Becamex Infrastructure Development JSC (IJC) hit their ceiling prices at 2,700 VND and 12,000 VND per share.

Real-estate shares attracted large investments from the market. FLC Group (FLC) and HCM City Infrastructure Investment JSC (CII) traded 45 million shares in total, equal to 27 percent of the market trading volume. Both shares rose in market value.

Gas stocks continued to improve. Petrovietnam Gas Corporation (GAS) and Petrovietnam Drilling & Well Service Corporation (PVD) gained 3.94 and 2.8 percent.

Other most powerful shares also had high growths, including Bao Viet Holdings (BVH), Hoa Sen Group (HSG) and Vietnam Dairy Products JSC (VNM) with 3.13, 6.61 and 0.93 percent.

On the Hanoi Stock Exchange, high market liquidity helped HNX-Index grow 0.25 percent to end at 87.72 points, but this growth was less than expected by the investors.

The fall of Asia Commercial Bank (ACB), Petrovietnam Northern Gas JSC (PVG), Drilling Mud Corporation (PVC) and Kim Long Securities JSC (KLS) limited market growth.

In total, the northern bourse traded nearly 73 million shares, worth 994 billion VND (46 million USD).

FIT Investment JSC (FIT) was the most active share on the market with more than 10 million of its shares being traded. The share also made a high gain of 5.59 percent to close at 17,000 VND.

There were also five other codes, each traded more than three million shares, including Petroleum Technical Services Corporation (PVS) and Petrovietnam Construction JSC (PVX).

Foreign investors on June 11 reduced total net sell value on the southern market by 97 percent to 33.7 billion VND (1.56 million USD) and increased the net buy value on the northern bourse by 47 percent to 11.3 billion VND (524,000 USD).-VNA