Stock market size on HOSE reaches nearly 71 percent of GDP

A transaction on HOSE (Photo: VNA)

In March, more than 14.78 billion shares were traded on the bourse at the value of over 355.56 trillion VND. The market liquidity improved against the previous month, with average 642.6 million shares worth 15.45 trillion VND sold in each transaction, up 15.9 percent and 11.33 percent respectively.

Foreign players’ transactions topped nearly 69 trillion VND, accounting for 9.7 percent of the market’s total transactions. They net sold more than 12.25 trillion VND worth of stocks in the month.

The benchmark VN-Index gained 1.97 percent to end the session on March 31 at 1,191.44 points, up 79.83 percent from the same time in 2020. Meanwhile, VNAllshare topped 1,158.99 points, increasing 95.94 percent year-on-year.

The large-cap tracker VN30-Index picked up 1.93 percent to stay at 1,196.24 points, or 95.86 percent higher than the figure recorded in the same time last year./.