The market's breadth was negative with 130 stocks climbed, while 265 stocks declined. Photo cafef.vn

A buoyant banking sector drove Vietnamese stocks higher on Tuesday morning session.

On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index rose 0.1 per cent, to 1,347.78 points.

The market's breadth was negative with 130 stocks climbed, while 265 stocks declined.

The liquidity was higher than yesterday as nearly 473 million shares were traded on the bourse, worth over VND14 trillion.

The index still received support by gains in large-cap stocks and banking stocks.

The VN30-Index, which track 30 biggest stocks in market captilisation on HoSE, climbed 0.28 per cent to 1,445.55 points. Of the VN30 basket, 13 stocks rose while 14 slid.

Bank stocks led the market's trend with gainers including Sacombank (STB), Vietinbank (CTG), Tiên Phong Bank (TPB), Bank for Investment and Development (BID), VPBank (VPB), MBBank (MBB), Asia Commercial Bank (ACB) and Vietnam International Commercial Joint Stock Bank (VIB).

The HNX-Index on the Ha Noi Stock Exchange (HNX) also eded higher this morning, up 0.71 per cent to 348.10 points. VNS