Việt Nam News

HoSE's stock market capitalisation in March rises by 3.1% compared to February

April 05, 2024 - 10:26

The stock market capitalisation on the HCM Stock Exchange in March increased by 23.1 per cent from the end of 2023.

The headquarters of the HCM City Stock Exchange (HoSE) in HCM City. Throughout March, most industry indices experienced positive growth. — Photo HoSE

HÀ NỘI — The stock market capitalisation on the HCM Stock Exchange (HoSE) reached over VNĐ5.22 quadrillion (US$208.5 million) in March of this year, marking a 3.1 per cent increase from February and a substantial 23.1 per cent increase from the end of 2023.

This growth accounts for more than 94 per cent of the total market capitalisation of listed stocks, equivalent to approximately 51.12 per cent of the 2023 GDP.

According to the HoSE announcement, the VN-Index closed at 1,284.09 points, the VNAllshare at 1,312.81 points, and the VN30-Index at 1,296.90 points at the end of the last trading session in March. These figures represent notable increases of 2.50 per cent, 3.47 per cent, and 2.46 per cent, respectively, compared to the end of February, and substantial growth of 13.64 per cent, 13.71 per cent, and 14.62 per cent when compared to the end of 2023.

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

Market liquidity continued to demonstrate robust growth, with the average daily trading volume surpassing one billion shares and the average trading value reaching over VNĐ26.5 trillion. These figures represent impressive increases of 19.7 per cent in volume and 28.1 per cent in value compared to the previous month.

The average trading volume of covered warrants (CW) stood at over 66.09 million CW per day, with an average trading value of VNĐ61.89 billion per day, exhibiting a slight decrease of 0.93 per cnet in volume but an encouraging increase of 2.28 per cent in value compared to February.

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

Trade surplus hits $8.4 billion in four months: GSO

Economy

Foreign investment disbursement hits record high in the first four months

Economy

Vietjet reports positive business performances in Q1/2024

Economy

Phenikaa targets to train over 8,000 semiconductor chip design engineers by 2030

Economy

Việt Nam secures remarkable economic successes since national reunification

Economy

CPI in April inches up 0.07%

More on this story

Economy

SBV resumes supporting capital for commercial banks

The SBV on Tuesday stopped issuing bills after 16 consecutive sessions of issuing bills to withdraw a total of nearly VNĐ171.7 trillion out of the banking system.

Economy

Bạc Liêu develops the shrimp industry value chain

With available potential and advantages, the Mekong Delta province of Bạc Liêu has been developing many shrimp farming models applying high technology, being environmentally friendly, enhancing the value chain and becoming a leading locality in the country in this field.

Economy

Car imports see strong recovery in March

The strong recovery in CBU car import in March was due to the car import in February falling sharply when businesses stopped all import-export activities during the seven-day Tết holiday.