More than 460 foreign trading accounts opened in July

Friday, Aug 09, 2019 08:51

The Ha Noi Stock Exchange head office in Ha Noi. Foreign investors net bought VND2.42 trillion worth of Vietnamese shares in July. — Photo cafef.vn

The Vietnam Securities Depository (VSD) granted licences to 464 foreign investors in July, including 58 institutional investors.

In June, the VSD licensed 256 foreign investors, including 25 institutional investors.

After the first seven months of 2019, the total number of foreign trading accounts in Viet Nam is nearly 31,500, including more than 4,300 institutional investors.

In July, foreign investors purchased VND15.35 trillion (US$660 million) worth of 325.8 million shares and fund certificates on the Ho Chi Minh Stock Exchange (HoSE), Ha Noi Stock Exchange (HNX) and Unlisted Public Company Market (UPCoM).

They sold 311.8 million shares and fund certificates on the three markets, worth VND12.93 trillion.

Foreign investors net-bought VND2.42 trillion worth of 13.9 million Vietnamese shares in July. The figure included VND2.24 trillion worth of net foreign purchases made on HoSE.

Foreign investors have net-bought HoSE-listed stocks for 11 straight months, worth VND24 trillion.

Top stock targets included Petrolimex (PLX), Vietcombank (VCB), Vincom Retail (VRE) and Coteccons Construction Corp (CTD). — VNS

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