In the first month of 2023, the indexes on the Ho Chi Minh Stock Exchange (HoSE) all increased compared to the last month of 2022, but the liquidity dropped sharply, in which the trading volume of stocks decreased by nearly 50%.
Ending January 2023, VN-Index reached 1,111 points, up 10.3% compared to December 2022 but down nearly 25% compared to the same period in 2022. VN30-Index (group of 30 large-cap stocks) highest in the market) reached 1,125 points, an increase of 11.9% compared to January 2022 and a decrease of 26.5% compared to the same period in 2022.
However, stock market liquidity in January 2023 recorded a sharp decline. Specifically, the average trading volume was over 579.9 million shares and the average trading value was 10,494 billion dong, down 28% and 25% respectively compared to December 2022. The total trading volume in January reached over 9.2 billion shares, equivalent to 167,907 billion dong, also down 48% in volume and 46% in value respectively compared to December 2022. .
In the first month of 2023, foreign investors had a quite active trading month with a total transaction value of over VND 34,344 billion, accounting for more than 10.2% of the total transaction value in the whole market. Higher than the previous month, foreign investors made a net purchase of more than 2,702 billion dong in January 2023.
By the end of January 31, 2023, on HoSE, there were 504 listed securities codes, including 403 stock codes, 3 closed-end fund certificates, 11 ETF certificates and 87 covered warrant codes. The total volume of listed shares reached over 141.49 billion shares. The listed market capitalization reached more than VND 4.43 million billion, an increase of nearly 10.4% compared to the previous month, accounting for more than 94.2% of the total market capitalization and equivalent to 46.6% of GDP. 2022 (GDP at current prices).
In which, there are 38 enterprises with capitalization of more than 1 billion USD and 1 enterprise with capitalization of over 10 billion USD, which is Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB).
