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VCSC Daily - Stocks plunge late, led by VHM, energy, banks - STB, VIC

The VN-Index was little changed for most of the day on Thursday before falling sharply in the last hour of trading to close down 2.1% for a third straight day of losses. The Vingroup tickers accelerated their pullback this week as VHM (-4.3%) was the top contributor to the market’s loss today, followed by VIC (-2.7%) and VRE (-4.6%). Energy names fell hard, led by GAS (-3.1%), PLX (-3.6%), PVD (-7.0%) and PVS (-5.9%). Banks also joined the sell-off, including BID (-3.6%)