VN-Index drops for second day, losing nearly 24 points hinh anh 1Illustrative Image (Source: VNA)

Hanoi (VNA) – VN-Index fell sharply for the second consecutive day, dropping nearly 24 points on May 17.

On the Ho Chi Minh Stock Exchange (HOSE), VN-Index rose slightly to 1,055.21 points in the morning, with over 3.7 million shares sold with a value of over 47 billion VND.

However, the index slumped at the end of the morning session to only 1,030 points.

CTG was the only code seeing a rise of 100 VND per share, while the majority of others such as BVH, GAS, MSN, VCB, VIC and VNM suffered a decline in price from 200 VND-10,500 VND per share.

Meanwhile, the VN30, measuring the 30 largest stocks by market capitalisation on the HOSE, saw a fall in the prices of 23 codes, while the prices of four codes remained unchanged and only three codes enjoyed a rise.

At the end of the day, the VN-Index lost 23.98 points to 1,030.64 points, with transaction value reaching nearly 4.257 trillion VND.

The VN30 dropped 27.21 points to 1,007.09 points, with 43 million shares sold worth 2.03 trillion VND.

At the same time on the Hanoi Stock Exchange (HNX), the HNX-Index increased 0.01 points to 224.78 points. Over 26 million shares were sold out, equivalent to a transaction value of 656 billion VND.

The HNX30 closed at 224.78 points, up 0.91 points over the previous day, with transactions worth 479 billion VND.

The UPCOM-Index also enjoyed a slight rise of 0.04 points to 55.97 points, with transactions reaching 184 billion VND.-VNA