The individual investor’s trading boom is believed to have been the cause of congestion on the HoSE since the end of 2020 until now. Order congestion took place more seriously when HoSE was congested at the end of the morning session for more than a week.
Number of newly opened securities accounts of domestic individual investors.
Foreign individual investors opened 502 new securities trading accounts in March, up 70% from the previous month. Foreign institutions opened 33 new accounts compared with closing more accounts than opening new ones in February. The total number of stock accounts of domestic investors as of March 31st reached 36,375, an increase of 535 accounts – high most since May 2018.
In March, foreign investors net sold a record 11,500 billion dong on the stock market, this is also the 6th consecutive month of net selling of this capital flow with a total value of 27,665 billion dong.
Source: ndh.vn – Translated by fintel.vn