Five newbies debut on UPCoM in March

Monday, Apr 06, 2020 17:35

Five new companies debuted on the Unlisted Company Market (UPCoM) in March, raising the total number of companies here to 886. – Photo

Five new companies debuted on the Unlisted Public Company Market (UPCoM) in March, according to the Ha Noi Stock Exchange.

That was an improvement compared to the Ho Chi Minh and Ha Noi stock exchanges as only three companies debuted on both in March.

As of the end of March, a total of 886 companies were trading on the secondary stock market UPCoM. Total volume of trading was more than 38.2 billion shares worth VND382 trillion (US$16.2 billion).

The market tracker UPCoM-Index fell 13.48 per cent in March to 47.63 points.

Total trading volume in March increased by two-thirds to 494 million shares from February, but trading value slid nearly 5 per cent on-month to VND6.07 trillion.

An average of 22.5 million shares was traded in each session, up 51.9 per cent monthly, worth VND275.9 billion, down 13.57 per cent.

Foreign investors bought VND604 billion worth of UPCoM shares but sold VND719 billion in March. They net-sold a total of VND115 billion in March. – VNS

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