Vietnam’s stock market liquidity hits new peak

Liquidity on Vietnam’s stock market hit a new record on August 20 with a total of more than VND48.3 trillion (over US$2.1 billion), worth of shares traded on both bourses.

Vietnam’s stock market liquidity hit a record high of over US$2.1 billion on August 20. (Photo: VNA)
Vietnam’s stock market liquidity hit a record high of over US$2.1 billion on August 20. (Photo: VNA)

Over 1.2 billion shares, worth nearly VND38.3 trillion, was traded on the Ho Chi Minh City Stock Exchange (HOSE). This is the highest volume of stocks ever trade in the southern bourse on a single day.

The Hanoi Stock Exchange (HNX) saw the trading of about 280 million shares, worth over VND7 trillion, while the trading value on the UPCoM market for the unlisted public companies exceeded VND3.1 trillion.

The benchmark VN-Index on HOSE plunged an exaggerate 45.42 points to 1,329.43 while the HNX-Index dropped 8.01 points to 338.06, and UPCoM-Index fell 2.01 points to 92.7.

There were 255 stocks rising, 688 sliding and 658 ending flat on both markets.

The HOSE experienced strong net selling of over VND755 billion from foreign investors, while they net bought VND64 billion and VND16.52 billion on HNX and UPCoM, respectively.