VN-Index nosedives to under 1,000 points in gloomy atmosphereA gloomy atmosphere spread across the stock market on May 22 when all groups of stocks fell, forcing VN-Index to tumble to below 1,000 points. The benchmark VN-Index fluctuated around 1,000 points in the morning and plunged in the afternoon when a supply pressure appeared in all groups of shares. Property, insurance and bank stocks witnessed the strongest decreases of 6.47 percent, 5.74 percent and 4.7 percent, respectively. The VN-Index lost 29.07 points to 985.91 points at the end of the trading session. While the HNX-Index on the Hanoi Stock Exchange (HNX) ended at 116.72 points, down 2.94 points, the UpCoM-Index on the Unlisted Public Company Market (UpCoM) fell 1.05 points to 53.73 points.-VNA

Source: VietNamNet News May 23, 2018 03:00 UTC