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More foreign investors join Vietnam’s securities market

About 190 foreign investors were granted securities trading codes in February, bringing the total number of foreign investors participating in Vietnam’s securities market to 29,454, according to statistics of the Vietnam Securities Depository (VSD).
More foreign investors join Vietnam’s securities market ảnh 1The total number of foreign investors participating in Vietnam’s securities market has reached 29,454 (Photo: VNA)

Hanoi (VNA) -About 190 foreign investors were granted securities trading codes in February,bringing the total number of foreign investors participating in Vietnam’ssecurities market to 29,454, according to statistics of the Vietnam SecuritiesDepository (VSD).

The number of new foreign investors joining the securities market in Februarywas the lowest since January 2017, 75 fewer than January and 261 fewer than thesame month last year, VSD said.

Foreign investors sold a net volume of 27.74million shares in February but bought a net value of more than 1 trillion VND (42million USD), dropping by more than 36 percent against January.

As of the end of February,VDS had so far granted securities trading codes to 4,151 institutionalinvestors and 25,303 individual investors.

VDS granted 5,537 securities trading codes toforeign investors in 2018, 2,300 higher than 2017.

In 2018, foreign investors pumped a net value of 41.7 trillion USD into Vietnam’ssecurities market, a rise of 61.3 percent.

Vietnam’s stock market was expected to attract more foreign capital when it wasupgraded from frontier market status to emerging, according to Bao VietSecurities Company.-VNA
VNA
#Vietnam’s securities market #Vietnam Securities Depository #foreign investors in Vietnam’s securities market #securities trading codes #Vietnam’s stock market #updated Vietnam news #Vietnamplus #Vietnam News Agency
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