SSC eyes prompt detection of suspicious transactions

The State Securities Commission (SSC) has said it will intensify the monitoring of the stock market to promptly detect suspicious transactions in the remaining months of the year.
SSC eyes prompt detection of suspicious transactions ảnh 1Illustrative photo (Source: baodautu.vn)
Hanoi (VNA) – The State Securities Commission (SSC)has said it will intensify the monitoring of the stock market to promptly detectsuspicious transactions in the remaining months of the year.

Restructuring the market and completing the legal framework and policies for the market development in a public, transparent, and disciplinarymanner are also considered important tasks.

In recent months, Vietnam's stock market has experiencedperiods of deep declines. In the second quarter of 2022 alone, the market facedsharp downward corrections. On June 30, the VN-Index and HNX-Index reached1,197.6 points and 277.68 points, down 20.1% and 41.4% compared to the end of2021, respectively.
Market liquidity tended to decrease, resulting in theaverage trading value in the second quarter hitting 20.49 trillion VND (877.21 million USD) per session, down 34.27% from the average in the first quarter.

However, according to the SSC, since the beginning of theyear, the average trading value of the stock market reached 25.44 trillion VND (1.08 billion USD), an annual reduction of only 4.4%.

A good level of market liquidity has been maintained, whilethe record number of new accounts opened and the net buying of stocks byforeign investors show that the market is still receiving interest from domesticand foreign investors, said the SSC./.
VNA

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