VN-Index posted its third consecutive day of gains on Oct. 8, closing up nearly a percent to 571.84, with shares in real estate, rubber and consumer goods all posting remarkable gains.

Overall, advances outnumbered decliners by two-to-one.

The value of the day’s trades rose by 10 percent over Oct. 7’s session to 2.6 trillion VND (144 million USD), while volume was also up 11 percent to 50.4 million shares.

The pace was still off from the previous week, with analysts suggesting that many investors were now holding onto shares in anticipation of even higher prices later.

Sacombank (STB) still led the southern market with more than 3 million shares traded, ending the session at 32,000 VND per share.

Eight million shares of Long Giang Investment and Urban Development (LGL) were also listed on the HCM Stock Exchange on Oct. 8 with an initial reference price of 30,000 VND per share. LGL hit their ceiling price, climbing to 36,000 VND per share on a volume of 11,030 shares.

On the southern bourse, foreign investors accounted for a volume of 3.2 million shares, with dairy giant Vinamilk (VNM) among the shares most often purchased by foreign investors.

On the Hanoi Stock Exchange, the HNX-Index also closed up 1.89 percent to 184.43 points, with gainers outnumbering decliners by 146 to 64.

Vinaconex Group (VCG) led the northern bourse with a volume of over 4 million shares.

VNDirect Securities Co issued a report stating that world markets had become psychologically supportive for domestic investors but warning investors to keep a close watch on market liquidity and volume.

Vietcombank Securities Co analysts noted that foreign investors had begun restructuring their holding, selling banking and financial stocks while buying into rubber and construction materials.