The HNX held 36 auctions in November. (Photo: VNA)

Hanoi (VNA) - The Hanoi Stock Exchange (HNX) organised five auctions for divestment in November with total transaction value of more than 9.7 trillion VND (415 million USD).

The auctions were held for the Vietnam Construction And Import-Export Joint Stock Corporation (Vinaconex), the Hanoi Housing Development and Investment Joint Stock Company, the Water Transport Company under the Vietnam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin), and the Viet Tri Paper Company.

About 376 million shares were put up for sale at the auctions, but up to 997 million shares were ordered, 2.65 times more than the offered amount.

As a result, all 376 million shares offered are sold for more than 9.7 trillion VND or 100 percent.

In the last 11 months, the HNX held 36 auctions, including 25 for divestment, 10 initial public offerings (IPOs) and one for purchase rights.

Of over 1.98 billion shares offered, about 1 billion shares were sold for 20.8 trillion VND (890 million USD), reaching 54 percent.-VNA