Foreign investors buy net $2 million on UPCoM in January

February 05, 2020 - 17:31

Foreign investors in January bought a total net value of VNĐ46 billion (nearly US$2 million) worth of shares on the Unlisted Public Company Market (UPCoM).

Facility of Bình Sơn Refining and Petrochemical Company (UPCoM). The company stock was both bought and sold most by foreign investors on UPCoM in January. — Photo tinnhanhchungkhoan.vn

HÀ NỘI — Foreign investors in January bought a total net value of VNĐ46 billion (nearly US$2 million) worth of shares on the Unlisted Public Company Market (UPCoM).

They bought in VNĐ419.4 billion worth of shares while selling a total of VNĐ373.3 billion worth of UPCoM shares in the first month of the year.

Bình Sơn Refining and Petrochemical Company (BSR), the Vietnam Engine and Agricultural Machinery Corporation (VEA) and the Airports Corporation of Vietnam (ACV) were in the top five must-buy and must-sell stocks for foreign investors.

Nine companies debuted on UPCoM in January and two were removed, raising the total number of companies on the secondary market to 879.

An average of 12.7 million shares was traded in each trading day in January, worth VNĐ217 billion.

The figures were down 7.28 per cent and 10.26 per cent from December 2019. — VNS

Tags stocks UPCoM foreign investment

MM Mega Market recognised among the 'Top 100 Best Places to Work in Việt Nam 2024'

Economy

Green lifestyle changes drive people towards ethanol fuel

Economy

World Bank outlines path for Việt Nam to reach high income status

Economy

Việt Nam vows to create favourable conditions for Korean investors

Economy

Aeon Mall to be built in Cần Thơ City

Economy

Cyberattack risks surge with AI advancements

More on this story

Economy

Việt Nam keen to develop supporting industries: Deputy PM

Việt Nam is keen to develop supporting industries and the Government has been working towards the goal of having 1,000 enterprises operating in this sector that are capable of supplying assembling enterprises and multinational corporations in 2020, Deputy Prime Minister Vương Đình Huệ said.

Economy

Sustainable development a $45 billion opportunity for the private sector: Standard Chartered

Investing in sustainable development is a $45 billion opportunity for the private sector: Standard Chartered

Economy

Securities company lists 9 industries that will be affected by epidemic

Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to a report by SSI Securities Corporation.

Economy

Banks to provide support to customers affected by coronavirus

The State Bank of Việt Nam has asked credit institutions to prepare capital sources to meet borrowing demand and provide support to customers who have been affected by the coronavirus epidemic.

Economy

Hanwha Life new premium income tops trillion đồng

Hanwha Life Vietnam Insurance Co., Ltd. reported first year premium revenues of VNĐ1.05 trillion (US$45.3 million) last year, a year-on-year increase of 20 per cent.

Economy

Bà Rịa-Vũng Tàu targets place among top 3 FDI destinations in Việt Nam

The southern province of Bà Rịa-Vũng Tàu has announced measures that could help achieve its target of becoming one of the three provinces to attract the highest foreign direct investment (FDI) this year.

Economy

Việt Nam’s two big cities lead region in dynamic growth: JLL

HCM City and Hà Nội continue to lead the momentum in Southeast Asia, ranking third and seventh among the most dynamic cities in the world, according to the City Momemtum Index recently issued by property consultant Jones Lang LaSalle.

Economy

Investors still keen on SOEs despite land issues

Institutional investors are seeking opportunities to buy shares in large-cap State-owned enterprises when they launch IPOs in 2020.

Economy

Tra fish exports likely to recover this year

This year is believed to be a brighter year for the domestic tra fish industry with exports inching up in the first quarter, according to an official from the Việt Nam Pangasius Association.