The VN-Index suddenly gained strongly on Wednesday morning thanks to the increase of some pillar stocks.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.53 per cent to close at 981.95 points.

More than 88 million shares were traded on the southern bourse, worth VNĐ1.4 trillion (US$59.9 million).

The VN-Index gained 0.05 per cent to close at 976.79 points on Tuesday.

The large-cap VN30-Index increased by 0.25 per cent to stand at 899.71 points.

Cash flow poured into large-caps such as Vietcombank (VCB), increasing by 2.4 per cent to VND86,700 per share, Bank for Investment and Development of Việt Nam (BID), up by 3.2 per cent to VND41,300 per share, brewery Sabeco (SAB), rising by 1.3 per cent to VND233,000 per share.

However, many other blue chips dropped, including Vinhomes (VHM) and FLC Faros Construction Joint Stock Company (ROS), putting pressure on the common market.

On the Ha Noi Stock Exchange, the HNX-Index was down 0.18 per cent to end at 103.81 points.

More than 10.4 million shares were traded on the northern bourse, worth VND135 billion.

The northern market index climbed 0.51 per cent to end Tuesday at 103.99 points.

The afternoon trading session starts at 1pm.