Hanoi, July 19 -- Shares slowed their decline on July 18 as banks recovered, but the market is still exposed to short-term downward corrections on rising investor caution.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange inched down 0.18 percent to close at 767.49 points. The key index dropped 1.12 percent on July 17.

On the Hanoi Stock Exchange, the HNX-Index was down just 0.04 percent to end at 98.6 points after a 1.8-per-cent fall in the last session.

Blue chips remained on a downward spiral as 22 of the top 30 largest shares by market value and liquidity on the main bourse in HCM City lost value, and only seven advanced.

Gainers included banks, with three of the four largest listed lenders - Vietcombank (VCB), BIDV (BID) and...