Domestic investors opened nearly 621,000 new securities accounts in the first six months of this year. (Photo: SGGP) Liquidity exceeds US$1 billion per trading session In the first six months of this year, the VN-Index sometimes jumped by nearly 28 percent compared to the beginning of the year – the second-strongest increase in the world. Although the minus point of the Vietnamese stock market is that foreign investors net sold up to VND30.4 trillion in the first six months of this year, new domestic investors (F0 investors) bolstered up all the strong net selling pressure of foreign investors, helping the stock market to improve in the first two quarters of this year. Data from the Vietnam Securities Depository (VSD) shows that domestic investors opened nearly 621,000 new securities accounts in the first six months of this year, much higher than the total number of new accounts opened in 2020 and 2019. Market liquidity continuously set new records with the trading value of up to VND23 trillion – VND25 trillion (more than $1 billion) in many trading sessions, even up to nearly VND30 trillion. According to experts, factors, including low deposit interest rates, tightened corporate bond channel, and stagnant gold investment… Read full this story
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