Shares soared on Wednesday morning thanks to simultaneous gains of sectors across the market.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.37 per cent to end Wednesday morning at 999.55 points, very near the important landmark of 1,000 points.

More than 91.6 million shares were traded on the southern bourse, worth VND1.7 trillion (US$72.6 million).

The index slid 0.06 per cent to end Tuesday at 995.87 points.

The blue-chips flourished, such as Bảo Việt Holdings (BVH), PetroVietnam Gas JSC (GAS), Refrigeration Electrical Engineering Corporation (REE), Sabeco (SAB), Vietjet Air (VJC), Phu Nhuan Jewellery (PNJ), PVPower (POW), Vingroup (VIC), Vinhomes (VHM), Vincom Retail (VRE), Vietcombank (VCB), supporting the whole market.

Banking and securities also attracted good cash flow with many gainers such as Asia Commercial Bank (ACB), Ho Chi Minh City Securities Corporation (HCM), Military Bank (MBB), Vietinbank (CTG), Viet Capital Securities (VCI), VNDirect Securities Corporation (VND) and Vietcombank (VCB).

The gaining momentum also spread to real estate and construction stocks such as the Development Investment Construction Joint Stock Corporation (DIG), Hòa Bình Construction and Real Estate Corporation (HBC), Ba Ria - Vung Tau House Development JSC (HDC), Novaland (NVL) and Dat Phuong Joint Stock Company (DPG).

On the Ha Noi Stock Exchange, the HNX-Index rose 1.03 per cent to close at 105.76 points.

The northern index lost 0.16 per cent to close at 104.87 points on Tuesday.

The afternoon session begins at 1p.m. — VNS