Shares rebounded on both of the nation's stock exchanges on Aug. 2 after two days of declines, but trading remained sluggish.

On the HCM Stock Exchange, the VN-Index closed up 0.86 percent to 416.10 points. Advancers outnumbering decliners by 135-72, but the volume of trades continued to slow, however, totalling just 21.9 million shares. Market value was 330.8 billion VND (15.8 million USD), a decrease of 22.4 percent from the previous session.

Blue chips led the market rise with half of the top 30 shares climbing. Dairy giant Vinamilk (VNM) and property developer VinGroup (VIC) were the top gainers, rising 4.5 percent and 2.6 percent, respectively. The VN30 Index closed up by 0.89 percent to 494.12 points.

Only two codes saw trades in excess of a million shares yesterday, Tan Tao Industry Investment Co (ITA) and financial conglomerate Ocean Group (OGC), but both closed flat.

On the Hanoi Stock Exchange, the HNX-Index also rose by 0.41 percent to conclude yesterday's session at 68.98 points. Value fell slightly from a day earlier, totalling about 31.2 billion VND (20.5 million USD).

Gainers doubled losers, led by large-cap shares, with the HNX30 Index also up 0.55 percent to over 130 points.

VNDirect Securities (VND) was again the most-active share on the Hanoi market with nearly 2.3 million traded, but it closed unchanged at 10,700 VND per share

Foreign investors yesterday finished the day as net buyers on both exchanges, responsible for buying shares worth a combined net of 31 billionVND (1.5 million USD).-VNA