Sell-off during at-the-closing (ATC) session has existed for several days. Shares fell on September 24 on both national stock exchanges.

On the Hochiminh Stock Exchange, the VN-Index lost 1.1 percent to 603.59 points.

As 132.7 million shares were traded, the value of transactions reached 2.87 trillion VND (135.3 million USD).

Among the 30 blue chips tracked by the VN30 Index, largest stocks tumbled, including insurer Bao Viet (BVH), Vinamilk (VNM) and property giant Vingroup (VIC).

Several others lost ground rapidly, such as Pha Lai Thermalpower (PPC), which declined 5 percent, PetroVietnam Drilling Services (PVD), down by 2 percent, and Sai Gon Securities (SSI), down 3 percent.

The VN30 retreated 0.48 percent to 655.14 points.

On the Hanoi Stock Exchange, the HNX-Index also shed 0.05 percent to 87.71 points on a total turnover of around 1 trillion VND (47.1 million USD).

The HNX30 Index, tracking the 30 leading shares in capitalisation and liquidity, closed flat, losing 0.01 point to reach 179.57 points.

Sell-off during at-the-closing (ATC) session has existed for several days. Most of the decline on September 24 was caused by ATC trading, especially on large-cap stocks.

However, some stocks managed to get out of the spiral, mainly mineral and transportation firms. Hamico Mineral (KSH), Binh Thuan Mineral (KSA), Vietnam Sea Transport and Chartering (VST), and Vinalink International Freight Forwarders (VNL) ended at their ceiling prices on September 24.

Foreign investors also took a part in driving the market down. They were net sellers in HCM City by a margin of 65.2 billion VND (3 million USD). Meanwhile, they were net buyers in Hanoi by a modest net of 5.5 billion VND (259,400 USD).-VNA