Sacombank's shares recovered on Thursday morning after two-day declines following the arrest of its two ex-banker. — Photo sacombank.com.vn

The benchmark VN-Index climbed over 790 points on Thursday morning after most large-cap stocks accelerated growth.

On the HCM Stock Exchange, the VN-Index increased 0.54 per cent to 790.51 points.

Bank shares recovered from the negative impact of the detainment of two former bankers of Sacombank (STB).

STB edged up 0.8 per cent following a two-day decline. The bank posted pre-tax combined profit of VND754 billion for the first seven months of this year, up 29 per cent over the target set for the whole year.

Except for Military Bank (MBB) which slipped, the other four listed lenders posted growth, of which Eximbank (EIB) was the largest gainer, up 3.6 per cent. The three largest listed banks by market value -- Vietcombank (VCB), Vietinbank (CTG) and BIDV (BID) -- increased 0.5 per cent, 1.7 per cent and two per cent, respectively.

Twenty one of the top 30 shares by market value and liquidity on the southern bourse gained value, including Vinamilk (VNM), VinGroup (VIC), Masan Group (MSN), PV Gas (GAS) and FPT Corp (FPT).

On the Ha Noi Stock Exchange, the HNX-Index ticked up 0.37 per cent to 101.35 points.

A total of 175 million shares worth VND2.8 trillion (US$1234.4 million) were traded on the two markets.

Afternoon trade starts at 1pm. – VNS