The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 0.57 per cent to close at 873.07 points. — Photo cafef.vn

Shares surged on Wednesday morning, following the positive gains of global market.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 0.57 per cent to close at 873.07 points.

The southern index had lost 0.07 per cent to close Tuesday at 868.11 points.

More than 153 million shares traded on the southern market, worth VND2.4 trillion (US$103.5 million).

Market breadth was positive with 213 gainers and 118 decliners.

The VN30 Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, increased 0.84 per cent to close Wednesday morning at 812.10 points.

Pillar stocks reported strong gains such as FPT Corporation (FPT), Hoa Phat Group (HPG), Masan Group (MSN), Vinamilk (VNM), Vietcombank (VCB), Vietinbank (CTG), Bao Viet Holdings (BVH), PVPower (POW), Mobile World Group (MWG), Vinhomes (VHM) and Vincom Retail (VRE).

US stock market outperformed on Tuesday night with the Dow Jones Industrial Average surging 2.13 per cent to end at 26,642.59 points, while the S&P 500 gaining 1.34 per cent to 3,197.52. The Nasdaq Composite added 0.94 per cent to 10,488.58.

On the Ha Noi Stock Exchange (HNX), the HNX-Index was down 0.14 per cent to end Wednesday morning at 115.98 points.

More than 17.8 million shares were traded on the northern market, worth VNĐ204 billion.

The afternoon trading starts at 1 p.m. — VNS