Overview on Vietnam’s stock market in H1/2012
During the first half of 2012, VN Index has grown 45 percent and the HNX Index’s growth was 51.6%. Averagely, the number of orders of investors increased two folds against 2011, according to the local newswire Dau Tu Chung Khoan.
With just several trading sessions, Vietnam’s stock market will end the first half of 2012 with many evolutions whereby 488.07 is the highest point level of VN Index in Jan-Jun 2012 period (set on May 8, 2012) and 336.73 is the lowest point threshold of VN Index (set on January 6, 2012). Thus, the VN Index of Hochiminh Stock Exchange (STC) has ever touched the growth rate of up to 44.94%.
83.79 is the highest point level of HNX Index on the northern bourse in Jan-Jun (set on May 7, 2012) and the lowest point threshold was 55.27 points (set on January 9, 2012). Thus, HNX Index has ever gained a growth of up to 51.6%.
However, if comparing to the peak of the market in May 2012, currently, both indexes have fallen about 15 percent in value.
On the Unlisted Public Company Market (UPCoM), the UPCoM-Index in Jan-Jun saw the highest level of 36.49 points (on May 25) and the lowest at 33.31 points (on January 13). Thus, the UPCoM-Index has gained growth of 9.55%. In comparison with the peak in the first half of this year, the UPCoM-Index has declined less than 1 percent in value.
Also in H1/2012, foreign investors have posted net purchases of total over 195.376 billion dong on Vietnam’s stock market. Particularly, foreigners posted net purchase of nearly 970 billion dong on HNX, net sale of more than 780 billion dong on STC and net purchase of 6.1 billion dong on UPCoM. Notably, foreign investors mainly offloaded capital in January, April and June.
In Jan-Jun period, stock players have made orders to buy 24.568 billion shares and sell 23.524 billion shares on all three stock exchanges. Averagely, monthly, investors ordered to buy 1.364 billion shares and sell 1.306 billion shares, over two fold increase against the average level in 2011.
2.482 billion dong was the fine imposed by the State Securities Commission (SSC) on violations of six individuals and 34 enterprises. Of which, the lowest sanction was 10 million dong for untimely fiscal statement disclosure and the highest sanction was 290 million dong for accumulated violations.
The total capitalisation of Vietnam’s stock market till June 26, 2012 reached 799.783 trillion dong. Of which, Hanoi Stock Exchange (HNX) has 398 share codes with a total capitalisation of more than 104.618 trillion dong and on the southern bourse, there are 302 share codes and five fund certificates with a total capitalisation of over 671.386 trillion dong. On UPCoM, the total capitalisation of 129 companies reached 23.779 trillion dong, 344.546 trillion dong is the total chartered capital of 700 listed firms on both bourses.
In the first six months of this year, there have been seven newly-listed companies on HNX namely AMC, KHL, LAS, ASA, CTX, DHL and VPC with a total volume of shares in circulation at 102,868,543 units and total chartered capital at nearly 1.069 trillion dong (accounting for about 1.2 percent of the total chartered capital of the whole market). There have been four newly-listed firms on the southern bourse namely TCO, SVI, DRL and GAS with a total listed share volume of 1,926,288,990 units (accounting for about 8.02 percent of the total chartered capital in the market).
624.02 billion dong per session was the average trading value on Hanoi floor while the trading value on the southern bourse was over 1.164 trillion dong per session. Meanwhile, on UPCoM, the average trading value reached only 29.2 billion dong in Jan-Jun. Thus, the total average trading value per session on Vietnam’s stock market in Jan-Jun reached more than 1.817 trillion dong, rising 74 percent against the average figure of 1.044 trillion dong for the full year 2011.
Category: Stocks
