600 businesses trading on UPCoM market

Hanoi Stock Exchange said that the Unlisted Public Company Market (UPCoM) in July had 25 newly registered stock codes, taking the total number of businesses trading on the bourse to 600 so far.

Investors at a stock exchange (Illustrative photo: SGGP)

Investors at a stock exchange (Illustrative photo: SGGP)

Among the 25 are large companies which investors have expected to trade on UPCoM such as Vietnam Electronics and Informatics Join Stock Company (VEC), Vietnam National Construction Consultants Corporation (VGV) and Construction No.1 Joint Stock Company (CC1).
Besides, there are year-long brand names familiar with Vietnamese consumers such as Colusa-Miliket Foodstuff Joint Stock Company (CMN), Ha Bac Nitrogenous Fertilizer (DHB) and Chemicals Joint Stock Company (DHB).
At present, UPCoM Index reaches 56.43 points, down 2 percent over the end of last year. UPCoM’s capitalization value hits VND448.82 billion (US$19.74 billion). The market has 219.14 million transferred shares, equivalent to a transaction value of VND3,378 billion ($149 million).
Transaction value is estimated to hit VND161.97 billion ($7.12 million) per session on average, down 12.3 percent over the previous month.

By T.QUANG – Translated by Hai Mien

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