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Banking & Finance

Trading codes for foreign investors up nearly 25%

Released at: 17:04, 05/01/2016

Trading codes for foreign investors up nearly 25%

More than 1,000 foreign investors received security trading codes last year, up 23.6%.

by Tue Lam

Vietnam Securities Depository (VSD) announced it issued 1,037 security trading codes to foreign investors in 2015, an increase of 23.6 per cent compared with 2014.

Trading codes were granted to 745 individual investors, up 42.72 per cent against 2014, and 292 institutional investors, down 7.89 per cent.

In December alone 99 foreign investors, including 84 individual and 15 institutional investors, were granted security trading codes. VSD also agreed to change the information regarding 21 foreign investors (18 individual and three institutional) and cancelled the security trading codes for three institutional investors.

The total number of investors with trading codes in 2015 therefore increased slightly compared with 2014.

As at December 31 VSD had granted a total of 18,607 security trading codes to foreign investors, including 15,728 individual and 2,879 institutional investors.

Foreign investors have a significant impact on market sentiment, continuing to be net buyers in 2015. According to figures from VSD, last year foreign investors bought 266.51 million shares with a total value of nearly VND3 trillion ($132 million), down 11 per cent in volume and 22.36 per cent in value compared to 2014.

  • TAGS
  • security
  • trading code
  • Vietnam Security Depository

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