Total UPCoM firms reach 850 in August

Thursday, Sep 05, 2019 15:59

The Binh Son Refining and Petrochemical JSC was among five large-cap companies on the Unlisted Public Company Market (UPCoM) that were favoured by foreign investors in August. — Photo tinnhanhchungkhoan.vn

The total number of companies trading on the Unlisted Public Company Market (UPCoM) reached 850 as of August 30, the Ha Noi Stock Exchange (HNX) has announced.

The total amount of shares being put up for sale was 39.6 billion, worth VND396.6 trillion (US$17 billion).

In August, three companies debuted on the secondary stock market, which is managed by the northern market regulator HNX, and two enterprises cancelled their trading.

The UPCOM-Index fell total 1.68 per cent during the month to end at 57.90 points. The total value of the secondary market was VND1 quadrillion, up 2.1 per cent monthly.

A total of 427 million shares were exchanged on UPCoM in August, worth VND10.8 trillion.

Average daily trading volume and value increased by 17.5 per cent and 46.8 per cent monthly to 19.4 million shares and VND489.6 billion.

Foreign investors net bought total VND194 billion during the month, focusing on Quang Ngai Sugar JSC (QNS), LienVietPostBank (LPB), Binh Son Refining and Petrochemical JSC (BSR), the Vietnam Engine and Agricultural Machinery Corporation (VEA) and Airports Corporation of Vietnam JSC (ACV). — VNS

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