The central bank''s rate cut decision is forecast to shift cash flows from deposit investment channels to riskier investment channels like the stock market.
The benchmark index extended the downside in the morning trade with a fall of 17.34 points, but bargain-hunting demand got stronger in the afternoon session lifting the market.
Brokerages proposed different scenarios for the movement of VN-Index from now until the end of this year, much depending on the world''s economic growth prospects.