Mirae Asset Securities (Vietnam) Limited Liability Company, MS Securities Joint Stock Company, Techcom Securities JSC, FPT Securities Joint Stock Company, and BIDV Securities Joint Stock Company each accounted for 3.25-4.5 per cent.
Nguyễn Hồng Nam, CEO of SSI Securities Corporation, said: “Competition is very necessary to promote the development of the market. Brokerage market share is an important criterion for each securities firm but is certainly not the sole operational goal. Each company has its own goals to pursue and act upon.”
Market capitalisation on HOSE as of March 31 skyrocketed by 93.56 per cent from a year earlier to more than VNĐ4.46 quadrillion (US$193.72 billion).
It was equivalent to 70.95 per cent of the country’s GDP.
In the first quarter the VN-Index, the benchmark stock index, touched 1,200 points three times but could not cross what has become a key psychological barrier.
It has crossed 1,200 points in April. — VNS