SSI named biggest securities brokerage firm on HCM City exchange

SSI Securities Corporation topped the list of 10 largest securities companies in the third quarter of this year recently announced by the Ho Chi Minh Stock Exchange, with a 11.8 percent market share.
SSI named biggest securities brokerage firm on HCM City exchange ảnh 1Illustrative image (Photo: VNA)
HCM City (VNA) - SSI Securities Corporation topped the list of 10 largest securities companies in the third quarter of this year recently announced by the Ho Chi Minh Stock Exchange, with a 11.8 percent market share.

The second and third places were held by the HCM City Securities Corporation and VPS Securities JSC, at 8.43 percent and 7.65 percent respectively.

The others are VNDirect Securities Corporation (7.12 percent), Viet Capital Securities JSC (6.65 percent), MB Securities (5.11 percent), Mirae Asset (Vietnam) (4.49 percent), KIS Vietnam Securities (3.78 percent), FPT Securities (3.75 percent), and BIDV Securities Company (3.58 percent).

Techcom Securities JSC was the largest bond broker with a 63.97 percent market share, followed by KB Vietnam Securities (6.83 percent), Vietcombank Securities (6.42 percent), and HCM City Securities Corporation (6.17 percent).

The securities market experienced volatility in the third quarter.

The VN-Index closed on September 30 at 905.21 points, an increase of 9.71 percent for the quarter, one of the world’s highest gains.

Liquidity was also up significantly with the average trading value being 4.535 trillion VND (195.67 million USD) per session, up 4.2 percent from the previous quarter and 56 percent higher than in the same period last year.

The market capitalisation as of September 30 was nearly 3,210 trillion VND (138.5 billion USD), accounting for 44.47 percent of the country’s GDP in 2019.

There are 383 stocks, three mutual funds, six exchange-traded funds, 103 covered warrants, and 41 bonds listed on the exchange./.
VNA

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