Top 10 securities firms with largest brokerage share, fund certificate

Top 10 securities firms with largest brokerage share, fund certificates announced

The Ho Chi Minh Stock Exchange (HOSE) on January 5 announced the top 10 securities companies with the largest brokerage share and fund certificates in the fourth quarter of 2018.
Top 10 securities firms with largest brokerage share, fund certificates announced ảnh 1Illustrative image (Source: VNA)

HCM City (VNA) –
The Ho Chi MinhStock Exchange (HOSE) on January 5 announced the top 10 securities companieswith the largest brokerage share and fund certificates in the fourth quarter of2018.

The SSI Securities Corporation maintained thefirst position for five consecutive years with 18.7 percent far ahead of itscompetitors such as Ho Chi Minh City Securities Corporation (HSC) 11.24percent, Viet Capital Securities (VCSC) 10.95 percent, VNDirect SecuritiesCorporation (VND) 7.32 percent, and MB Securities Joint Stock Company (MBS)5.63 percent.

Others on the list include Saigon – HanoiSecurities Joint Stock Company (SHS) with a market share of 4.02 percent, ACBSecurities Co.Ltd (ACBS) 3.46 percent, FPT Securities Joint Stock Company(FPTS) 3.34 percent, Bao Viet Securities Joint Stock Company (BVSC) 2.99percent, and BIDV Securities (BSC) 2.83 percent.

Despites numerous difficulties in 2018,securities firms still witnessed growth in the number of customers, accordingto HOSE.

The VN-Index, Vietnam’s benchmark stock index,surpassed the historic peak and set a record of 1,211 points in April 2018, butthen suffered a sharp decline only eight months after that.

Ending the last session of 2018, the VN-Index stoodat 892.54 points, down 91.7 points compared to the same period last year.

According to experts, a highlight of theVietnamese stock market in 2018 was the continuously strong growth of themarket scale and liquidity.-VNA

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