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Foreign investors buy net $2 million on UPCoM in January

Foreign investors in January bought a total net value of VND46 billion (nearly US$2 million) worth of shares on the Unlisted Public Company Market (UPCoM).

 

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Facility of Binh Son Refining and Petrochemical Company (UPCoM). The company stock was both bought and sold most by foreign investors on UPCoM in January. — Photo tinnhanhchungkhoan.vn

 

They bought in VND419.4 billion worth of shares while selling a total of VND373.3 billion worth of UPCoM shares in the first month of the year.

Binh Son Refining and Petrochemical Company (BSR), the Vietnam Engine and Agricultural Machinery Corporation (VEA) and the Airports Corporation of Vietnam (ACV) were in the top five must-buy and must-sell stocks for foreign investors.

Nine companies debuted on UPCoM in January and two were removed, raising the total 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 VND217 billion.

The figures were down 7.28 per cent and 10.26 per cent from December 2019. — VNS

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