Vietnam's stock market rebounded this morning on both of the nation's stock exchanges after two consecutive days of losses, while trading volume remained sluggish.

On the HCM Stock Exchange, the VN-Index rose by 0.41 percent over Nov. 10's value to close at 451.26.

Both market volume and value declined, with more than 25.4 million shares worth almost 621 billion VND (29.6 million USD) exchanged - a 39.4 percent decrease in volume and 44 percent drop in value.

Decliners outnumbered advancers by 109-89.

Many blue chips rallied. Phu My Fertiliser (DPM) climbed 2.3 percent, Ocean Group (OGC) increased 1.66 percent, software giant FPT Corp (FPT) rose 1.36 percent, and property developer Hoang Anh Gia Lai (HAG) rose 0.6 percent.

Financial and securities shares tumbled. Vietinbank (CTG) fell 0.52 percent, Sacombank (STB) declined 1.3 percent, HCM City Securities (HCM) decreased 0.4 percent, and Saigon Securities Inc (SSI) fell 0.82 percent, with the latter becoming the most active stock after 1.25 million shares changed hands.

On the Hanoi Stock Exchange, the HNX-Index increased by 0.33 percent to close today's session at 107.18. However, the bourse's market volume fell 13 percent to 22.6 million shares worth more than 363.9 billion VND (17.3 million USD).

Gainers narrowly outnumbered losers by 132-121.

PetroVietnam Construction (PVX) continued to be the most heavily-traded shares nationwide, with 1.85 million shares changing hands. PVX closed unchanged with an average share priced at20,900  VND(0.99 USD)./.