The gain was mostly driven by large-cap stocks in securities, steel and banking sectors. Photo cafef.vn

The stock market rose in a tight range on Tuesday morning on the growth of steel, securities and banking stocks

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) increased by 0.24 per cent, to 1,363.14 points. The market breadth was neutral as 187 stocks climbed while 180 declined.

The gain was mostly driven by large-cap stocks in securities, steel and banking sectors.

Many pillar stocks witnessing gains including Vietcombank (VCB), VPBank (VPB), SSI Securities Inc (SSI), Vietinbank (CTG) and Hoa Phat Group (HPG).

The VN30-Index, which tracks 30 biggest stocks in market capitalisation on the southern market, inched down 0.02 per cent to 1,497.59 points.

Of the VN30 basket, ten stocks jumped while 19 slid, and one stayed unchanged.

Vinhomes JSC (VHM) was leading the gain with a rise of 1.88 per cent, followed by Vinamilk (VNM), up 1.27 per cent, and Vietinbank (CTG), up 1.32 per cent.

The HNX-Index on the Ha Noi Stock Exchange (HNX) also gained this morning, up 0.89 per cent to 333.60 points. VNS.