The HCM City Stock Exchange (HOSE) reaches $51 billion of capital market in Q4. – Photo thoibaonganhang.vn

HA NOI (Biz Hub) – The HCM City Stock Exchange (HOSE) reached VND1,147 trillion ($51 billion) of capital market in Q4, according to the exchange conference on January 7. 

It was the first year that the exchange had a capital market over VND1,000 trillion $ (44.4billion) in all four quarters. The Q4's capitalisation has increased by 12.7 per cent compared with Q1 and 16.4 per cent compared with its same term of 2014. 

A conference official said that with the exception of VN30, which tracks 30 stocks with the largest capitalisation, experiencing a slight decrease of 0.7 per cent, all the others saw growth. 

The VNMID, tracking mid-cap stocks by the end of 2015, reached 739.87 points, an increase of 18 per cent from the beginning of 2015, adding that it demonstrated the potential development of the local average capitalisation enterprises last year. 

Currently, HOSE has 347 securities with more than 42.6 billion listed shares, or VND434 trillion ($19 billion) in value. In the same year, 19 new companies listed on the exchange with volume reaching 2.2 billion shares, while there were 175 additional listings for another 7.78 billion shares. 

In 2015, the exchange said, domestic transactions still accounted for over 78 per cent of the trading in the market. Foreign investors, including individual and organisation investors, bought over VND4.2 trillion ($186.6 million) or about 1 per cent of total market transactions. 

Viet Nam Securities Depository said in 2015 that it certified stock trading codes to 745 individual foreign investors, an increase of 42.7 per cent over 2014, adding that it was the year with the largest foreign investors in the last five years. 

Le Hai Tra, HOSE's deputy director, said a group of individual investors from Thailand said that Viet Nam was a stock market that could not be ignored. – VNS