The VN-Index reached 1,287.48 points as of September 25, 2024, marking a 0.3 percent rise compared to the previous month, and a 13.9 percent increase from the end of 2023, according to a press release from the Ministry of Finance.
The total capitalisation of ordinary shares hit VND 7,019.70 trillion or US$280.79 billion, a 19 percent surge from the end of last year, equating to 9.1 percent of Vietnam’s 2023 GDP. Vietnam’s stock exchanges now host 728 stocks and fund certificates, with an additional 878 stocks registered for trading on the Unlisted Public Companies platform or UPCom.
September also witnessed a sharp increase in trading activity, with the average daily trading value rising to VND 15.867 trillion per session or US$634.68 million, up 14.9 percent from the previous month. For the first nine months of 2024, the daily average stood at VND 22,000 billion or US$880 million, a 28 percent increase over 2023, underscoring growing investor confidence in the market.
See also: Vietnam Securities Industry: Overview