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Banking & Finance

129 securities trading codes issued to foreign investors in June

Released at: 12:49, 07/07/2016

129 securities trading codes issued to foreign investors in June

Photo: Duc Anh

Year-to-date total now 759.

by Hung Nguyen

Vietnam Securities Depository (VSD) has announced it issued 129 securities trading codes to foreign investors in June.

Codes were issued to 34 institutional investors and 95 individual investors.

VSD also agreed to alter information regarding 31 foreign investors (14 individual and 17 institutional) and cancel the securities trading code of one institutional investor.

In the first half of 2016 VSD granted 759 securities trading codes to foreign investors, including 591 individual and 168 institutional investors.

There are now 18,409 foreign investors trading, of which 16,010 are individual investors and 2,399 are institutional investors.

In the first half of 2016 foreign investors bought shares worth a total of VND41 trillion ($1.83 billion), accounting for 15.43 per cent of trade on HSX, and sold shares worth VND43 trillion ($1.92 billion), accounting for 16.09 per cent, for net selling of VND1.81 trillion ($81.14 million). On HNX in the first half, foreign investors bought some 3.1 trillion ($138.97 million) of shares and sold VND2.32 trillion ($104 million), for net buying of VND760 billion ($34 million).   

Last year VSD issued 1,037 codes to foreign investors, an increase of 23.6 per cent against 2014.

Foreign investors have a significant impact on market sentiment and were net buyers in 2015. According to figures from VSD they bought 266.51 million shares worth nearly VND3 trillion ($132 million).

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