Market reverses on back of steel, bank stocks

The market's benchmark VN-Index on the southern bourse, Hồ Chí Minh Stock Exchange (HoSE), snapped a three-day losing streak to end higher at 1,040.8 points. The index's recovery was driven by gains in large-cap stocks, especially in steel and banking sectors. In the VN30 basket, 20 stocks inched higher while six finished low and four stocks stayed unchanged. On the Hà Nội Stock Exchange (HNX), the HNX-Index also bounced back after losing for two straight days. Of which, they net bought VNĐ47.37 billion on HoSE while net sold a value of VNĐ14.11 billion on HNX.