Foreign investors net buy stocks on HNX in February

March 11, 2021 | 11:14

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The Ha Noi Stock Exchange (HNX) witnessed a dynamic month in February as foreign investors net bought a value of VND40 billion and the small/mid-cap index gained over 100 points.

foreign investors net buy stocks on hnx in february

Traders watch stock prices in front of trading boards.- VNS/VNA Photo

A monthly report from HNX showed that a total of 1.74 billion shares were traded on the bourse in February, worth over VND27 trillion.

Accordingly, an average of 114 million shares were traded per session, with a value of over VND1.86 trillion. The trading value declined by 22.8 per cent compared to the previous month.

The HNX-Index gained more points at the end of February and hit the highest level of the year at 249.22 points on the last trading day of the month, up 16.3 per cent month-on-month.

As of February 26, the market capitalisation reached VND285.4 trillion, 13.08 per cent higher than that of January.

Shares from all sectors gained points during the period. Of which, financial stocks posted the biggest gain of 46.55 points (equivalent to 12.59 per cent) to 416.44 points. Followed by industrial and construction shares with an increase of 25.4 points (12.28 per cent) and 35.43 points (18.13 per cent), respectively.

The small/mid-cap stocks on the exchange posted outstanding performance with a gain of 100.58 points (equivalent to 20.36 per cent) to 594.68 points, while the large-cap shares increased 30.4 points (equivalent to 12.67 per cent) to 270.25 points as of the end of February.

During the period, 34.8 million shares were traded on HNX by foreign investors, worth over VND580 billion. In general, they net bought a value of VND40 billion.

On Wednesday, Viet Nam's stock market edged higher with the HNX-Index up 0.86 per cent to 267.1 points.

VNS

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