New securities trading accounts hit record high in January

Tuesday, Feb 09, 2021 07:37

Nearly 86,270 securities trading accounts were opened by domestic investors in January, an increase of 36.4 per cent from the previous month, according to the Viet Nam Securities Depository (VSD).

It is the largest-ever number of newly-opened trading accounts in a month since Viet Nam’s stock market debuted, the VSD said.

Foreign investors also opened about 86,270 accounts, 99.8 per cent of which were of individuals.

Last month, market liquidity repeatedly hit record highs with the value of many trading sessions exceeding VND20 trillion (US$866.56 million).

About 14.78 billion shares, worth VND335.9 trillion in total, were traded on the Ho Chi Minh Stock Exchange (HoSE) alone in January, up 8.71 per cent and 17.37 per cent, respectively, month-on-month.

Trading value averaged nearly VND16.8 trillion per session while average trading volume exceeded 739 million shares per session, month-on-month surges of 34.97 per cent and 25.01 per cent, respectively.

The surges were even more significant compared to the same period last year, with average trading value rising nearly 334 per cent and average trading volume expanding more than 291 per cent. — VNS

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