Share values rebounded on both of the nation's stock exchanges on June 21, after reacting negatively, a day earlier to the official release of June inflation data for the country's two largest cities.

Saigon Securities Inc analyst Nguyen Ly Thu Nga noted that inflation was at its lowest level in the past eight months and actually sent a positive sign for the troubled economy, reducing any negative impacts on investor psychology

"Other positive news was that electricity rates may not become an additional burden, now that Vietnam Energy Association chairman Tran Viet Ngai has suggested no increase in electricity rates," Nga said, adding also that "indices may simply have gotten away from oversold territory."

On the HCM Stock Exchange, the VN-Index closed at 442.74 points, a gain of 2.6 percent over June 20's session. The value of trades dived by 20.5 percent to 585.3 billion VND (28.4 million USD), while volume declined by 32.2 percent to just 29.7 million shares.

Advancers outnumbered decliners by 191-48.

Of the 10 leading shares by capitalisation, all posted gains except Sacombank (STB) which ended the session unchanged. Food producer Masan Group (MSN), June 20's only advancing share among blue chips, saw just a one-per-cent increase on June 21, but insurer Bao Viet Holdings (BVH), Phu My Fertilisers (DPM) and PetroVietnam Finance (PVF) all rose to their ceiling prices.

Financial shares overall saw the highest growth on the day, rising by an average of 4.3 percent, followed by insurance shares, up 4.1 percent, and tourism shares, up 3.7 percent.

Saigon Securities Inc (SSI), which hit its ceiling, was the most-active share with over 2.3 million changing hands.

On the Hanoi Stock Exchange on the same day, the HNX-Index jumped by 2.3 percent to close at 77.05 points.

Trades were brisker than on the southern bourse, jumping by over 40 percent over June 20's session to reach a value of nearly 588 billion VND (28.5 million USD) on a volume of 52.7 million shares.

PetroVietnam Construction (PVX) was the most-active share nationwide, with a volume of 6.6 million shares.

Foreign investors were net sellers in Hanoi of just 3.3 billion VND (160,200 USD) worth of shares, but were net buyers in HCM City by a similarly meagre net value of 10 billion VND (485,400 USD)./.