Hanoi (VNA) – Liquidity at the HoChi Minh City Stock Exchange (HOSE) has risen, with more than 192 millionshares worth 4.2 trillion VND (186.7 million USD) being traded daily in 2017,up 49 percent in volume and 74 percent in value year-on-year. 

In its annual report, HOSE said its 2017revenue surged 68 percent to 828 billion VND, from professional activities (89percent), services (6 percent) and financial activities (5 percent).

Market monitor expenses accounted for 34.5percent, salaries and payment for workers (23 percent) and other costs (21percent).

The bourse contributed 390 billion VND tothe State budget, up 108 percent annually. During the year, it listed 31stocks, 15 corporate bonds and two fund certificates. Total listed shares doubledto 6.486 billion.

Market capitalisation neared 2.6 quadrillionVND, up more than 75 percent year-on-year, accounting for some 92 percent ofthe total in Vietnam and 57 percent of gross domestic product.

The total number of shares changing handshit 48 billion, exceeding 1 quadrillion VND.

Increasing foreign capital flows also pouredinto Vietnam with 26.4 trillion VND for purchase of 14.46 million shares.

The bourse also launched nine auctions forequitisation and 23 divestments from State-owned enterprises, collectingroughly 123 trillion VND for the State budget.-VNA