Business

Foreign investors’ accounts reach high

The Vietnam Securities Depository (VSD) in August issued securities trading codes to 296 foreign investors, the highest recorded within eight months but down 8.6 percent over the same period last year.
Foreign investors’ accounts reach high ảnh 1The number of securities trading codes assigned to foreign investors as of the end of August reached 34,807, of which 4,720 belonged to institutional investors and 30,087 to individuals. (Photo tinnhanhchungkhoan.vn)

Hanoi (VNS/VNA) - The Vietnam Securities Depository (VSD) inAugust issued securities trading codes to 296 foreign investors, the highestrecorded within eight months but down 8.6 percent over the same period lastyear.

Of the 296 trading codes, VSD granted codes to 16 institutional investors and280 to individuals.

VSD also approved to change information on trading codes for 28 foreigninvestors, including 8 institutional investors and 20 individuals, whilecanceling codes for two foreign individual investors.

The number of securities trading codes assigned to foreign investors as of theend of August reached 34,807, of which 4,720 belonged to institutionalinvestors and 30,087 to individuals.

Despite the outbreak of COVID-19, the stock market still enjoyed growth inAugust with the VN-Index rising 83.26 points, or 10.43 percent, compared toJuly. The HNX-Index also increased by 17.34 points, or 16.13 percent, to 124.85points. The UPCoM-Index gained 4.02 point, or 7.34 percent, to reach 58.82points.

However, foreign investors remained net sellers, offloading more than 3.4trillion VND on the Ho Chi Minh Stock Exchange (HoSE), Hanoi Stock Exchange(HNX) and UPCoM in August, six times higher than July.

In the first eight months of this year, foreigners net sold nearly 7.3 trillionVND./.
VNA
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