Stock Market VN-Index declines despite strong cash flow The Saigon Times Wednesday, Sep 9, 2020,19:01 (GMT+7) VN-Index declines despite strong cash flowThe Saigon Times A Maybank Kim Eng Securities Company staff monitors share prices in this file photo – PHOTO: THANH HOA HCMC – The strong cash flow this afternoon, September 9 couldn’t prevent the VN-Index from falling after the strong selling pressure pulled the benchmark index down sharply in the morning. The VN-Index of the Hochiminh Stock Exchange lost a fractional 0.09%, or 0.82 points, against the previous session to close the day at 889.32 points, with 202 gainers and 185 losers. Total trading volume increased by 8.3% over the previous session to 318.4 million shares, while trading value increased by 3.4% to more than VND5.98 trillion. Many bluechips such as housing developer VHM, consumer goods firm MSN, retailer VRE, property firm NVL and mobile phone retailer MWG reversed losses in the morning to gain ground in the afternoon, but at modest rates. Fertilizer stocks performed well, with BFC shooting up to the ceiling price, while DPM and DCM inched up 4.3% and 3.1%, respectively. Some of the other contributors were industrial development corporation BCM, which expanded by 2.13% to VND48,000 and rubber… Read full this story
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