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Shares decline on market volatility
Shares declined on Thursday morning with strong fluctuation right from the beginning of trading, large-caps were weighed down.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange declined 1.44 per cent to end the morning session at 1,063.36 points.
More than 668 million shares were traded on the southern bourse, worth VND12.8 trillion (US$554 million).
The large-cap tracker VN30-Index was down 1.48 per cent to 1,030.18 points.
Twenty-seven of the 30 large-cap stocks in the VN30 basket decreased while two gained.
A number of blue-chips suffered losses such as insurer Bảo Việt Holdings (BVH), steel maker Hoà Phát Group (HPG), Masan Group (MSN), Vingroup (VIC), Vinamilk (VNM), Vietnam National Petroleum Group (PLX), Vincom Retail (VRE), Phú Nhuận Jewelry (PNJ), Vinhomes (VHM) and Mobile World Group (MWG).
On the Ha Noi Stock Exchange, the HNX-Index declined 1.59 per cent to 187.22 points.
Nearly 119.5 million shares were traded on the northern market, worth VNĐ1.3 trillion.
The afternoon trading session starts at 1pm.
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