ANTD.VN - The number of newly opened securities accounts in September decreased by about 15,000 accounts compared to August, to nearly 173,000 accounts.
According to data from the Vietnam Securities Depository (VSD), domestic investors opened 172,695 new securities accounts in September.
Thus, compared to the previous month, the number of newly opened domestic securities accounts decreased by 15,000 accounts, ending the 4-month consecutive increase. However, this is still the second highest number in more than a year.
The reason could be that in September there is a 4-day National Day holiday. Along with that, the market's sluggishness and decline in late September and early October could also be the reason why investors are less interested.
The majority of newly opened accounts are still individual investors, with 172,605 accounts. Institutions opened 90 new accounts.
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The number of new securities accounts opened in September decreased compared to the previous month. |
In the first 9 months, domestic investors opened a total of 924,205 new securities accounts, of which 923,211 were individual investors.
As of the end of September, the total number of domestic individual investor accounts had exceeded 7.76 million accounts, equivalent to about more than 8% of the population. However, this does not reflect the number of investors participating in the stock market, because according to regulations, each investor can open multiple securities accounts at different companies at the same time.
According to statistics from the Ho Chi Minh City Stock Exchange (HoSE), in September, the average daily stock trading value on all three stock exchanges reached VND24,400 billion, an increase of more than 76% compared to the 10-month average.
However, in the last trading sessions of September, liquidity was quite low, reaching less than VND 19,000 billion, down nearly 50% compared to the highest level of the month and down 30% compared to the monthly average. The decline in liquidity continued into early October.
Domestic cash flow is showing signs of running out of steam amid continued pressure from foreign investors. In September, foreign investors net sold nearly VND4,500 on HoSE, the highest since the beginning of the year. This is the sixth consecutive month of net selling by foreign investors after a period of continuous net buying from the end of last year to the beginning of this year.
Since the beginning of the year, foreign investors have net sold a total of VND8,300 billion on the HoSE floor.
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