Stock market

Stock market size on HOSE reaches nearly 71 percent of GDP

VNA
Vietnam’s stock market capitalisation on Ho Chi Minh Stock Exchange (HOSE) as of March 31 skyrocketed 93.56 percent year-on-year to more than VND4.46 quadrillion (US$193.72 billion), HOSE said.

Stock market size on HOSE reaches nearly 71 percent of GDP ảnh 1 Illustrative photo
The value was equivalent to some 70.95 percent of the country’s gross domestic product (GDP).
As many as 553 codes were traded on the southern bourse by the end of Quarter 1, including 397 stocks, three close-end fund certificates, seven exchange-traded funds (ETF), 114 covered warrants (CW), and 32 bonds.
In March, more than 14.78 billion shares were traded on the bourse at the value of over VND355.56 trillion. The market liquidity improved against the previous month, with average 642.6 million shares worth VND15.45 trillion sold in each transaction, up 15.9 percent and 11.33 percent respectively.
Foreign players’ transactions topped nearly VND69 trillion, accounting for 9.7 percent of the market’s total transactions. They net sold more than VND12.25 trillion worth of stocks in the month.
The benchmark VN-Index gained 1.97 percent to end the session on March 31 at 1,191.44 points, up 79.83 percent from the same time in 2020. Meanwhile, VNAllshare topped 1,158.99 points, increasing 95.94 percent year-on-year.
The large-cap tracker VN30-Index picked up 1.93 percent to stay at 1,196.24 points, or 95.86 percent higher than the figure recorded in the same time last year.

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