HoSE capitalisation in March rises by 3.1% year-on-year

The stock market capitalisation on the Ho Chi Minh Stock Exchange (HoSE) reached over 5.22 quadrillion VND (208.5 million USD) in March of this year, marking a 3.1% increase from February and a substantial 23.1% increase from the end of 2023.
HoSE capitalisation in March rises by 3.1% year-on-year ảnh 1The headquarters of the HCM City Stock Exchange (HoSE) in HCM City. Throughout March, most stock groups experienced positive growth. ( Photo: HoSE)
Hanoi (VNS/VNA) - The stock market capitalisation on the HoChi Minh Stock Exchange (HoSE) reached over 5.22 quadrillion VND (208.5 millionUSD) in March of this year, marking a 3.1% increase from February anda substantial 23.1% increase from the end of 2023.

This growth accounts for more than 94% of the total marketcapitalisation of listed stocks, equivalent to approximately 51.12% of the2023 GDP.

According to the HoSE announcement, the VN-Index closed at1,284.09 points, the VNAllshare at 1,312.81 points, and the VN30-Index at1,296.90 points at the end of the last trading session in March. These figuresrepresent notable increases of 2.50%, 3.47%, and 2.46%, respectively, comparedto the end of February, and substantial growth of 13.64%, 13.71%, and 14.62% whencompared to the end of 2023.

Throughout March, most industry indices experienced positive growth.Notably, the consumer goods sector index (VNCOND) increased by 9.32%, theinformation technology sector index (VNIT) rose by 7.20%, and the industrialsector index (VNIND) grew by 6.04% in comparison to February.

Market liquidity continued to demonstrate robust growth, with the average dailytrading volume surpassing one billion shares and the average trading valuereaching over 26.5 trillion VND. These figures represent impressive increasesof 19.7% in volume and 28.1% in value compared to the previous month.

The average trading volume of covered warrants (CW) stood at over 66.09 millionCW per day, with an average trading value of VNĐ61.89 billion per day, exhibitinga slight decrease of 0.93% in volume but an encouraging increase of 2.28% invalue compared to February.

As of March 29, the HoSE market boasted 587 listed securities, including 398stocks, four closed-end fund certificates, 14 ETF fund certificates, and 171covered warrants, with a cumulative volume of listed securities exceeding 157billion shares./.
VNA

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