Stock market capitalization is equivalent to 77.7% of GDP

	Stock market: ensuring the stability and sustainability is a top priority
	Derivative securities market operates more stably
	Taking many measures to encourage enterprises to list on the stock market

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In the latest report from the State Securities Commission, as of the end of June 2018, the stock market capitalization reached VND 3,889 trillion, up 10.75 compared to the end of 2017, equivalent to 77.7% of GDP.

According to the statistics, the liquidity in recent months has decreased compared to the first quarter of 2018. However, the average transaction in the first six months of 2018 still reached over 8,000 billion per session, up 60% compared to 2017.

In addition, the bond market has a listed scale of VND1,056 trillion, up 4% compared to the end of 2017 (equivalent to 21% of GDP). Total average trading value reached over VND10 trillion per session, up 19% compared to 2017.

Notably, the first half of 2018, the derivative securities market continued to maintain steady growth with average contract volume growth of 48%. For the first 6 months of 2018, the average trading volume reached over 45,000 contracts per session. So far, more than 35,000 derivatives trading accounts have been opened, twice more compared to the end of 2017.

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For the listing, transaction registration, the first half of the year, 11 enterprises were approved new listings, 16 enterprises were regulatorily delisted, 56 enterprises registered new transactions. As of the end of June, the market had 743 shares, listed fund certificates and 756 registered shares with total value of over VND 1 trillion, up 10.7% compared to the end of 2017.

For the auction and equitization, the departments held 40 auctions, including 16 initial Public Offerings and 24 withdrawals. The number of enterprises equitized and divested in the first 6 months of 2018 is 57% compared to 2017.