Foreign investors buy net 2 million USD on UPCoM in January
Foreign investors in January bought a total net value of 46 billion VND (nearly 2 million USD) worth of shares on the Unlisted Public Company Market (UPCoM).
Facility of Binh Son Refining and Petrochemical Company. (Photo: VNA)
Hanoi (VNS/VNA) -Foreign investors in January bought a total net value of 46 billion VND (nearly2 million USD) worth of shares on the Unlisted Public Company Market (UPCoM).
They bought in 419.4 billion VND worth of shares while selling a total of 373.3billion VND worth of UPCoM shares in the first month of the year.
Binh Son Refining and Petrochemical Company (BSR), the Vietnam Engine andAgricultural Machinery Corporation (VEA) and the Airports Corporation ofVietnam (ACV) were in the top five must-buy and must-sell stocks for foreigninvestors.
Nine companies debuted on UPCoM in January and two were removed, raising thetotal 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 217 billion VND.
The figures were down 7.28 percent and 10.26 percent from December 2019./.
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Although the Unlisted Public Company Market (UPCoM) attracts less attention from investors than the Ho Chi Minh and Hanoi stock exchanges, the market still offers potential opportunities for market players who thoroughly understand it.
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