HCM City (VNS/VNA) - The Ho Chi Minh Stock Exchange (HOSE)has announced the top 10 largest securities companies this year.
VPS Securities Joint Stock Company remained in top spot with a17.59% market share in the first half of the year though its second quartershare dipped marginally.
SSI Securities Corporation continued to be in second position, butincreased its market share from 9.66% in Q1 to 10.02% in Q2 to end the halfwith 9.81%.
VNDirect Securities Corporation remained in third place with 7.99%during the year.
In the top 10, Ho Chi Minh Securities climbed past TechcomSecurities JSC to fourth position in Q2, with their half-year market sharesbeing 5.58% and 5.47%, respectively.
Mirae Asset, Viet Capital Securities JSC, MB Securities, KISVietnam Securities, and FPT Securities rounded off the top 10.
In the year-to-date, especially since April, the VN-Index haswitnessed a significant decline to fall below the 1,200-point mark, a dip ofover 20%, to make Vietnam one of the world's worst-performing stock markets.
The liquidity has also plummeted. The average daily trading valueon HOSE in June was only 13.18 trillion VND (564.53 million USD), the lowest ina year and down 57% from the peak of nearly 1 trillion VND (42.77 million USD)in November 2021.
Data from Bloomberg showed that the index closed June at a priceto earning ratio (P/E) of 13, or below the 10-year average of 15. At the sametime last year the P/E was over 19.
The market capitalisation tumbled by more than 1.22 quadrillionVND (52.2 billion USD)./.
VPS Securities Joint Stock Company remained in top spot with a17.59% market share in the first half of the year though its second quartershare dipped marginally.
SSI Securities Corporation continued to be in second position, butincreased its market share from 9.66% in Q1 to 10.02% in Q2 to end the halfwith 9.81%.
VNDirect Securities Corporation remained in third place with 7.99%during the year.
In the top 10, Ho Chi Minh Securities climbed past TechcomSecurities JSC to fourth position in Q2, with their half-year market sharesbeing 5.58% and 5.47%, respectively.
Mirae Asset, Viet Capital Securities JSC, MB Securities, KISVietnam Securities, and FPT Securities rounded off the top 10.
In the year-to-date, especially since April, the VN-Index haswitnessed a significant decline to fall below the 1,200-point mark, a dip ofover 20%, to make Vietnam one of the world's worst-performing stock markets.
The liquidity has also plummeted. The average daily trading valueon HOSE in June was only 13.18 trillion VND (564.53 million USD), the lowest ina year and down 57% from the peak of nearly 1 trillion VND (42.77 million USD)in November 2021.
Data from Bloomberg showed that the index closed June at a priceto earning ratio (P/E) of 13, or below the 10-year average of 15. At the sametime last year the P/E was over 19.
The market capitalisation tumbled by more than 1.22 quadrillionVND (52.2 billion USD)./.
VNA