Shares tumbled for the third day in a row during August 22’s session.

On the HCM City Stock Exchange, the VN-Index shed 1.3 percent to 496.12 points.

Among the 30 leading shares in terms of capitalisation and liquidity, only property giant Vingroup (VIC) added 0.8 percent. Six other stocks closed unchanged, while the rest of the shares closed trading in the red.

Blue chips were sold heavily, especially Vinamilk (VNM), Vietcombank (VCB), steelmaker Hoa Phat (HPG) and software company FPT (FPT).

The VN30, tracking these shares, slipped 1.15 percent to 549.54 points.

Speculative stocks also fell deeply, such as PetroVietnam Transportation Corporation (PVT), Viet-Italy Steel (VIS) and property developers An Duong Thao Dien (HAR) and Kinh Bac City (KBC).

Trading value and volume slightly declined compared to August 21’s session, totalling 950.9 billion VND (44.8 million USD) and 53 million shares.

On the Hanoi Stock Exchange, the HNX-Index finished at 61.85 points, a 0.85 percent decrease.

As only 19.2 million shares changed hands, trading value reached 165.87 billion VND (7.8 million USD).

The HNX30, composed of the northern bourse's top 30 shares, also dropped 1.6 percent to 114.93 points.-VNA