More stocks moved to the upside on the southern bourse, of which 196 ticker symbols inched higher, while 140 stocks finished lower.

Benchmark indices surged more than 3 percent yesterday, with many stocks hitting ceiling prices on the improvement of liquidity.

Indices dropped sharply on Monday due to a strong selling force, showing investors’ pessimistic sentiment about the market’s movements.

Vietnamese stocks extended losses on Friday as panic selling flooded the market, following the sharp fall of large-cap stocks.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) reversed the previous trade's course to close lower yesterday.

The market’s benchmark index lost nearly 3.5 percent due to a strong selling force on Tuesday, mostly below the key level of 1,000 points.

The benchmark indices moved in different ways on Monday as selling pressure weighed on the market’s sentiment.