Vietnam's main bourse see 3.1% capitalization increase

By VNA April 5, 2024 | 03:46 pm PT

An investor looks at stock prices on the screens at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran

The Ho Chi Minh Stock Exchange (HoSE) witnessed its market capitalization soar to VND5.22 quadrillion ($208.5 million), marking a 3.1% rise from February.

According to the HoSE announcement, the VN-Index closed at 1,284.09 points, at the end of the last trading session in March. These figures represent notable increases of 2.5% over the end of February.

Throughout March, most industry indices experienced positive growth. The consumer goods sector index (VNCOND) increased by 9.32%, the information technology sector index (VNIT) rose by 7.20%, and the industrial sector index (VNIND) grew by 6.04% in comparison to February.

Market liquidity continued to demonstrate robust growth, with the average daily trading volume surpassing one billion shares and the average trading value reaching over VND26.5 trillion. These figures represent impressive increases of 19.7% in volume and 28.1% in value compared to the previous month.

As of March 29, the HoSE market boasted 587 listed securities, including 398 stocks.