Foreign stock investors stick with Vietnamese market
Ha Noi (VNA) – There are few signs that foreign investors are picking up their capital and heading home from the Vietnamese securities market after drawing more than 2.6 billion USD from Asian markets within the last week.This week alone, foreign investors purchased 6.1 million shares valued at nearly 688 billion VND, while offloading haft of that amount for close to 403 billion VND.
At the Ha Noi Securities Trading Centre, foreign investors ordered shares valued at more than 48 billion VND but only 9.4 billion VND worth of shares were offered.
The State Securities Commission said that since early this week, investors from abroad had accounted for over 20 percent of the market’s total transaction value and also the holders of between 25-30 percent of the total volume of listed shares.
Viet Nam has not been affected by what has been occurring in other Asian markets, Asian Development Bank Country Director Ayumi Konishi said, citing the modest volume of capital poured into Viet Nam by foreign investors as one of the major reasons.-Enditem
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