Domestic investors register 172,695 new securities trading accounts in September. (Photo: VNA) Hanoi (VNA) – Domestic investors registered 172,695 new securities tradingaccounts in September, marking the second-highest number in over ayear,according to the Vietnam Securities Depositoryand Clearing Corporation (VSDC).
In the month, domestic organisations opened 90 new accounts, VSDC said.
As of September, the total number of accounts of domesticindividual investors surpassed 7.76 million, equivalent to more than 8% of thepopulation.
In September, foreign individual investors and organisations registered225 and 28 new accounts, respectively, lifting the total number of foreign accountsto 42,711.
The Vietnamese stock market has recorded a bullish third quarter, with consecutivebillion–USD trading sessions.
The average trading value in September increased by 11.2%compared to the previous month, and up 85.4% over the same period last year to 28.62 trillion VND per session.
The average trading value on the Ho Chi Minh Stock Exchange(HoSE) and the Hanoi Stock Exchange (HNX) reached 25.13 trillion VND and 2.38 trillion VND per session in September, up 12.7% and 9.0% month-on-month,respectively. Meanwhile, the value of each session on the Unlisted Public Company Market (UPCoM) reached 1.10 trillion VND, down 11.3%.
The stock market continued to lure capital inflows in thecontext that interest rates are declining rapidly, and other investmentchannels such as real estate and corporate bonds remain subdued.
HoSE is exerting every effort to put a trading systemdeveloped by the Korea Exchange (KRX) into operation at the end of 2023 in abid to ensure the smooth operation of the market continuously andeffectively.
Signed by HoSE and KRX in 2012, theproject is expected to bring new products, trading, and paymentsolutions to the Vietnamese stock market, such as T 0 settlement, shortselling, and option contracts. This will create a premise to solve thebottlenecks and move towards upgrading the market from frontier to emerging./.
