There is a new leader in the securities brokerage industry with VPS Securities Joint Stock Company dislodging long-time incumbent SSI Securities Corporation from the top spot.

Shares gained for the eighth consecutive trading session Wednesday thanks to increased buying force as market sentiment improved when the VN-Index hit a new high.

Shares reversed to finished higher on Wednesday morning thanks to increased buying force in the final minutes of trading.

Bao Viet Securities Company (BVS) expects Viet Nam's stock market might attract up to US$1.4 billion from index tracking funds, if Viet Nam is officially upgraded to a secondary emerging market by FTSE.

Shares ended on a positive note on Tuesday thanks to cash flow that continued pouring into pillars as well as oil and gas stocks.

The month of March saw several foreign investors net sell shares on HOSE to the tune of VND 12,000 bn. This is the sixth consecutive month of net selling by foreign investors, since the massive net selling wave kicked off in February 2020. Analysts are stumped and have been unable to explain the reason for this wave of net selling.

The benchmark VN-Index inched higher on Tuesday morning on bank and real estate stocks but losses in many large-caps capped the gain.