Several securities stocks hit the ceiling due to the strong increase in demand and high buying prices after the information that the securities settlement cycle T+2 (shortened by one day compared to the current settlement cycle) will be applied in August.
According to the Vietnam Securities Depository (VSD), domestic investors opened more than 405,000 securities accounts in the first two months of 2022, higher than the total number of newly-opened accounts in the whole year of 2020 (393,659 accounts).
Currently, VN-Index has declined by about 12 percent from the peak of 1,420 points on July 2. However, experts assessed the fluctuations of the stock market in July this year to be short-term. The stock market still has many development opportunities in the long term, continuing to affirm its role as an important capital mobilization channel.
According to the Vietnam Securities Depository (VSD), domestic investors opened 86,269 new securities accounts in January this year. Of the newly-opened accounts, 86,000 belonged to individual investors. It is the month with the highest number of new securities trading accounts ever.
Vietnam Securities Depository (VSD) reported that the Vietnamese stock market had 1,807,799 trading accounts on July 31, comprising 1,799,847 accounts of individual investors and 7,952 of organizations.