Stock Market ROS spurs market recovery The Saigon Times Daily Tuesday, Jan 7, 2020,19:00 (GMT+7) ROS spurs market recoveryThe Saigon Times Daily A securities employee monitors stock prices. The local stock market recovered on January 7 – PHOTO: THANH HOA HCMC – Construction enterprise ROS and its associated firms gained ground thanks to high cash flow today, January 6, thus sending the local market back to the positive territory after a sharp decline on Monday. With 169 gainers and 161 losers, the VN-Index on the Hochiminh Stock Exchange added a slight 3.09 points, or 0.32%, against the previous day at 958.88. Trading volume decreased 3% from Monday at 181.6 million shares but value rose 7% at VND3.6 trillion. The VN30 basket saw 21 stocks rising versus nine others ending lower, in which ROS closed at the upper limit of VND15,050 and led the southern market by liquidity with 13.5 million shares changing hands. The firm put an end to its eight-day losing streak, including six days of plunging to the floor prices. Other associated firms of ROS fared well, with property group FLC jumping 3% at VND4,460 on matching volume of over seven million shares. AMD, a mining enterprise, soared 5.5% at VND2,110 and… Read full this story
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