Market capitalization value of UPCoM at the end of February close to 1.15 trillion VND

According to the Hanoi Stock Exchange (HNX), the market capitalization of UPCoM at the end of February 2024 was nearly 1.15 quadrillion VND, showing a 3.68% increase compared to the previous month.

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Trading on the UPCoM market in February 2024 witnessed an increase in both index points and liquidity. The UPCoM-Index showed a gradual upward trend throughout the month and closed the last trading session of the month at the highest level of 90.63 points, a 3.1% increase compared to the end of January 2024.

Source: HNX

The average trading volume (ATV) reached approximately 51.48 million shares per session, a 5.19% increase compared to January. The corresponding average trading value (ATV) reached over 843 billion dong per session, an increase of 17.46%. In particular, the trading session on February 19, 2024, had the highest liquidity with 135 million shares traded and a trading value of over 2.695 trillion dong.

In terms of stock prices, the strongest increase in February was seen in the stock code BCA of B.C.H Corporation, with a closing price of 25,500 dong, a 231.17% increase compared to the end of the previous month. The next highest increase was seen in TNB of Nha Be Steel Corporation, with a closing price of 13,500 dong, a 95.65% increase. Additionally, among the stocks with the strongest price increases were TMW of Tan Mai General Wood Corporation, VBH of Binh Hoa Electronics Corporation, and EME of Electrical Mechanical Corporation.

In terms of trading volume, the 5 most traded stocks in February were BSR, BHI, NAB, BCR, and SBS, with trading volumes of 110 million, 75 million, 70 million, 34 million, and 27 million shares respectively.

In February 2024, foreign investors’ trading activities decreased significantly compared to January 2024, with a total trading volume of 88 million shares and a trading value of over 2.513 trillion dong. Of this, the value of purchases reached 2.1 trillion dong, a decrease of 0.71%, and sales reached 413 billion dong, a decrease of 55.83%. Overall, in February 2024, foreign investors had a net purchase of approximately 1.687 trillion dong.

In February, the UPCoM market welcomed 5 new companies for trading while 3 companies canceled their trading registration.

As of the end of February, the total number of companies registered for trading on the market reached 870, with a registered trading value of over 430 trillion dong. The market capitalization as of February 29, 2024, reached nearly 1.15 million trillion dong, a 3.68% increase compared to the end of the previous month.

Kha Nguyen

SOURCEvietstock
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