Business

Purchases dominate foreign investors’ transactions on UPCoM in April

Foreign investors traded 31 million shares worth 912 billion VND (39.4 million USD) on the Unlisted Public Company Market (UPCoM) in April, with purchases dwarfing sales.
Purchases dominate foreign investors’ transactions on UPCoM in April ảnh 1Investors trace stock price changes at the Maybank KIM ENG trading floor in HCM City (Photo: VNA) 

Hanoi (VNA) – Foreign investors traded 31 millionshares worth 912 billion VND (39.4 million USD) on the Unlisted Public CompanyMarket (UPCoM) in April, with purchases dwarfing sales.

Last month, foreign investors bought more than681 billion VND and sold over 433 billion VND worth of shares on UPCoM. The gapof 248 billion VND surged by over 10-fold from March.

Four new businesses registered to trade theirshares on UPCoM in the month, namely Mobifone Service JSC, Tien PhongSecurities JSC, Information and Networking Technology JSC, and Song DaElectrical Engineering JSC.

Meanwhile, the Bac Ninh Sewerage and WastewaterTreatment JSC and the Vietnam Airlines Corporation left this market.

As of April 26 – the month’s last trading day,there had been 814 businesses on UPCoM with nearly 31.6 billion sharesregistered for trading, worth over 315 trillion VND.

The UPCoM-Index ended at 56.23 points in thelast trading session of April, down 2.2 percent from the end of the previousmonth.

Also in that session, the market capitalisationapproximated 906 trillion VND, down some 7.8 percent month on month.-VNA
VNA
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