Saigon Securities Inc (SSI) held the largest fourth quarter brokerage share in the HCM Stock Exchange in 2010, according to a report issued by the HCM Stock Exchange this week.
The report showed that SSI accounted for 11.6 percent of the market, beating Thang Long Securities (TLS), the market leader in the three previous quarters, by 3.2 percent.
In second place was HCM City Securities (HSC), with 8.71 percent, followed by TLS with an 8.4 percent market share – a decrease of nearly 3 percent from the third quarter.
VPBank Securities made the top 10 brokerages for the first time in the fourth quarter, coming in seventh, along with the return of Kim Eng Vietnam Securities and Bao Viet Securities in eighth and ninth, respectively.
Despite being downgraded to third place in the fourth quarter, TLS finished top for the whole of 2010 in the HCM City market. The company accounted for 10.04 percent of the brokerage market share; followed by SSI, with 8.9 percent and HSC, with 7 percent./.