Purchases dominate foreign investors’ transactions on UPCoM in April
Foreign investors traded 31 million shares worth 912 billion VND (39.4 million USD) on the Unlisted Public Company Market (UPCoM) in April, with purchases dwarfing sales.
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| Investors trace stock price changes at the Maybank KIM ENG trading floor in HCM City (Photo: VNA) |
Last month, foreign investors bought more than 681 billion VND and sold over 433 billion VND worth of shares on UPCoM. The gap of 248 billion VND surged by over 10-fold from March.
Four new businesses registered to trade their shares on UPCoM in the month, namely Mobifone Service JSC, Tien Phong Securities JSC, Information and Networking Technology JSC, and Song Da Electrical Engineering JSC.
Meanwhile, the Bac Ninh Sewerage and Wastewater Treatment JSC and the Vietnam Airlines Corporation left this market.
As of April 26 – the month’s last trading day, there had been 814 businesses on UPCoM with nearly 31.6 billion shares registered for trading, worth over 315 trillion VND.
The UPCoM-Index ended at 56.23 points in the last trading session of April, down 2.2 percent from the end of the previous month.
Also in that session, the market capitalisation approximated 906 trillion VND, down some 7.8 percent month on month.
