The VN-Index declined on Feb. 28 after increasing for most of the session. This followed falls in some major blue chips. In HCM City, the VN-Index decreased 1.2 per cent against Friday's close to finish at 461.37 points.


However, market volume rose 20 per cent over the previous session to nearly 34.3 million shares. The value of the day's trades also increased more than 17 per cent to almost VND768.6 billion (US$36.6 million).
Bao Viet Holdings (BVH) and PetroVietnam Finance (PVF) fell to the floor despite earlier strong gains.
Other major blue chips also slumped. Hoa Phat Group (HPG) closed down 3.9 per cent while FPT Corporation (FPT), Hoang Anh Gia Lai Company (HAG), Phu My Fertiliser and Sacombank (STB) all declined ny more than 2 per cent.
Of the 10 largest capitalised shares, only Eximbank (EIB) and Masan Group (MSN) hit ceiling prices.
Decliners outnumbered advancers by 152-73 overall.
Saigon Securities Inc (SSI), with 2.3 million shares changing hands, was the most active stock on the southern bourse, but it closed down 3.2 per cent to VND24,400 ($1.16).
In Ha Noi, the HNX-Index also fell 1.48 per cent to close at 95.92.
Both market volume and value dropped by 14 per cent from the previous session, with over 32 million shares worth almost VND506.8 billion ($24.1 million) changing hands.
Losers outnumbered gainers by 181-100.
Kim Long Securities (KLS) was the most heavily traded share on the northern bourse with also 2.3 million shares exchanged. KLS rose 0.8 per cent to close at VND13,400 ($0.64).