VNDirect surpassed Viet Capital Securities on HOSE

By Minh An - Oct 07, 2017 | 11:04 AM GMT+7

TheLEADERVNDirect surpassed Viet Capital Securities (VCSC) on HOSE to rank the 3rd brokerage agency by market share in third quarter of 2017.

VNDirect surpassed Viet Capital Securities on HOSE
The market shares on HOSE are mainly owned by ten large securities firms. (Photo: Bloomberg)

The Hochiminh Stock Exchange (Hose) has announced the securities brokerage market share of 10 leading securities companies on HOSE. 

Accordingly, Sai Gon Securities Incorporation (SSI) dominated market share with 16.4 per cent in Q3 2017. Ho Chi Minh City Securities Corporation (HSC) ranking the second position was far behind SSI by 6.4 per cent. 

In Q2 2017, the market shares of SSC and HSC were 15.4 per cent and 9.4 per cent, respectively.

Notably, VNDirect surpassed Viet Capital Securities (VCSC) on HOSE to rank the 3rd securities firm holding the large market share. In Q3 2017, VNDirect’s market share was 8.15 per cent while the figure for VCSC was 7.65 per cent, compared to 6.8 per cent in Q2.

Ten leading securities companies on HOSE includes Military Commercial Joint Stock company (6,33 per cent); Bao Viet Securities Joint Stock Company (5,85 per cent); Sai Gon-Hanoi Securities Joint Stock Company (5,82 per cent); BIDV Securities Company Limited (3,56 per cent); FPT Securities Joint Stock Company (3,43 per cent) and ACB Securities Company (3,35 per cent).

Also, Artex Securities Joint Stock Company and Vietcombank Securities Limited Company could not remain their market shares of 6 per cent and 3.55 per cent in turn in Q3 2017.