Investors face losses with bigger stock market trading lot
By Dat Nguyen March 6, 2021 | 11:29 am GMT+7
An investor looks at stock prices on a laptop at a brokerage in Ho Chi Minh City. Photo by VnExpress/Quynh Tran.
Small investors could lose hundreds of millions of dong (VND100 million = $4,300) if they are unable to sell their shares when the minimum trading lot is raised to 1,000.
Since the Ho Chi Minh Stock Exchange (HoSE) raised its minimum trading lot from 10 to 100 earlier this year, Duy Duc in Hanoi has not been able to sell 90 shares that are now worth around VND7.4 million ($319).