Blue chips helped the VN-Index surpass the benchmark of 590 points and stopped the northern bourse from falling further on June 22.

On the Hochiminh Stock Exchange, the VN-Index gained 1.6 percent to finish at 594.08 points with 103 advancers and 99 decliners.

Market liquidity was high with nearly 155 million shares traded, worth 2.18 trillion VND (101 million USD).

The VN30, which tracks the 30 largest shares in terms of capitalisation and market value, rose by 1.96 percent to 615.1 points with 20 gainers and seven decliners.

The FLC Group (FLC) was the most active code on the market with nearly 40.8 million shares traded, equal to 26.3 percent of the market trading volume. FLC dropped 3.22 percent to 9,000 per share.

On the Hanoi Stock Exchange, the HNX Index closed almost flat at 87.09 points, lower than the previous session's number, as shares improved during the June 22 trading session.

Overall, the northern market had 91 gainers and 85 losers, while 182 others remained unchanged.

Market liquidity was lower than that on June 19 with 51.8 million shares traded, worth 608 billion VND (28 million USD).

Blue chips' gains, including PetroVietnam Construction Joint Stock Company (PVX) and Sai Gon-Hanoi Bank (SHB), helped the market decline more slowly. SHB gained 1.22 percent to 8,300 VND per share, while PVX edged up 2.5 percent to 4,100 VND per share.

Other large-cap shares also performed well. The Sai Gon-Hanoi Securities Joint Stock Company (SHS), IB Securities Joint Stock Company (VIX) and Asia Commercial Bank (ACB) gained 1.18 percent, 1.77 percent and 0.92 percent.

Among the most active codes on the northern bourse, only five of them traded more than three million shares, including KLF Joint Venture Global Investment (KLF), which lost 2.78 percent to 7,000 VND per share and traded 4.4 million shares.

Foreign investors yesterday concluded as net buyers, totaling 142 billion VND (6.58 million USD) in net buy value, a decrease of 46 percent over the previous session.-VNA