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Securities trading codes granted for over 350 foreign investors in Apr

Securities trading codes issued for more than 350 foreign investors in April

The Vietnam Securities Depository (VSD) granted new securities trading codes to 356 foreign institutional and individual investors in April.
Securities trading codes issued for more than 350 foreign investors in April ảnh 1An investor traces stock fluctuations (Photo: VNA)
Hanoi (VNA) – The Vietnam Securities Depository (VSD) granted new securitiestrading codes to 356 foreign institutional and individual investors in April.

Thefigure represents a rise of 93 codes compared to the previous month, but isless than half of that in the same period last year.

TheVSD also approved information changes for 36 foreign investors and cancelled thecodes of six others last month.

Thereare currently 30,250 securities trading codes issued for foreign investors, whichbelong to 4,240 institutional and 26,000 individual ones.

In2018, VDS granted 5,537 securities trading codes to foreign investors, 2,300higher than 2017.

Lastyear, foreign investors pumped a net value of 41.7 trillion USD into Vietnam’ssecurities market, a surge of 61.3 percent.

Vietnam’sstock market is expected to attract more foreign capital when it is upgradedfrom frontier market status to emerging, according to Bao Viet SecuritiesCompany.

Since the beginning of this year, the country’sstock market has witnessed strong inflows of foreign investment. 

As of February 15, foreign investors’ netpurchases reached nearly 4 trillion VND (173.1 million USD).-VNA
VNA

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