Foreign investors net sellers in October

Foreign investors were net sellers on the Ho Chi Minh Stock Exchange (HoSE) in October to the tune of 1.59 trillion VND (64.4 million USD), according to the major bourse.
Foreign investors net sellers in October ảnh 1The headquarters of the HCM City Stock Exchange (HoSE). Photo:HoSE)
Hanoi (VNA) - Foreign investors were net sellers onthe Ho Chi Minh Stock Exchange (HoSE) in October to the tune of 1.59 trillionVND (64.4 million USD), according to the major bourse.

The VN-Index, which representsthe HoSE, closed the last trading session of October 2023 at 1,028.19 points,marking a 10.91% decline compared to September but a 2.10% increase compared tothe end of 2022.

The VN30 index, tracking theperformance of 30 largest caps, stood at 1,039.38 points, recording a 10.88%decrease compared to September and a 3.40% increase compared to the end of2022.

The HoSE reported that most industry indexes experienced decreases in October,with the consumer goods industry (VNCOND) witnessing the largest decline of20.22%. The energy industry (VNENE) and the essential consumer goods industry(VNCONS) also dropped by 14.94% and 14.30%, respectively.

Market liquidity also plunged duringOctober, with the average trading volume reaching over 625.89 million shares,equivalent to an average trading value of 14.3 trillion VND. This represented a35.32% decrease in volume and a 38.68% fall in value compared to September2023.

As of October 31, 2023, the HoSE listed and traded a total of 609 stock codes,including 394 stock codes, three closed-end fund certificate codes, 14 ETF fundcertificate codes, and 198 warrant codes with guarantees. The total volume oflisted shares reached over 147.87 billion shares, with a capitalisation valueof more than 4.14 quadrillion VND. This represented a 10.38% decrease comparedto the previous month and accounts for more than 93.7% of the total listedmarket capitalisation value, equivalent to 43.53% of GDP in 2022.

By the end of October, the southern bourse had 35 enterprises withcapitalisation exceeding 1 billion USD, with the Joint Stock Commercial Bankfor Foreign Trade of Vietnam remaining the only enterprise with capitalisation closeto 20 billion USD./.
VNA

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