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VCSC Daily - Stocks sell off as snap-back rally reverses - NLG

Market wrap: Stocks sell off as snap-back rally reverses. The VN-Index remained volatile on Monday, slumping almost two percent. Trading volume on HOSE fell to USD150mn, well below the average of the last year of USD258mn. VHM (-5.1%) was the largest contributor to the pullback as the property developer hit a fresh record low since listing in May after a 14% drop over the last two weeks. Fellow VIC unit VRE (-3.3%) also slid.