SSI continues leading hose stock brokers in q3/ 2011, more changes seen

Sai Gon Securities Inc. (SSI) continued to top brokers on the Hochiminh Stock Exchange(HoSE) in the third quarter of this year with 15.81% market share, higher than its own share of 13.2% in the second quarter and 11.74% in the first quarter.

Ho Chi Minh City Securities (HSC) remained the second biggest broker with 8.71% market shares after climbing in this place in the second quarter of this year with 9.61% market share, the bourse said on its website.

Sacombank Securities moved 2 steps ahead to be in the third position with 8.32% market share, up from 4.87% in Q2/2011.

ACB Securities stood still in the fourth place with 4.72% market share after climbing to this ranking level in the second quarter with 5.23% market share.

VietCapital Securities jumped 2 steps forward and gained fifth position in the top list with 4.63% market share, up from 3.42% in Q2/2011.

Thang Long Securities Company stepped back to rank eight in the list with 3.33% market share, falling from 6% in Q2/2011 and 8.58% in Q1/2011.

Other brokers in the top 10 are KimEngSecurities with 4.2% who made biggest jump of 3 steps to the sixth position; Bao Viet Securities (BVSC) with 3.4%, FPT Securities with 3.28%; and Agribank Securities with 2.66%.

The new name Agribank Securities replaced VPBank Securities in the top 10 brokers.

These ten brokers on the HOSE accounted for 59.06% brokerage services, out of more than 100 securities companies on Vietnam stock market and compared with the corresponding figure of 54.82% in the second quarter and 51.59% in the first quarter of this year.

On the bond market, only five brokers took part in the market. SSI also led the market with 90.6% market share, followed by Golden Lotus Securities with 9.19%.

Top 10 Brokerage Providers, Their Market Shares in Q1; Q2 & Q3/2011

Source Scarlet D./ Analyst / StoxPlus

Tags: SSI, vietnam stock, Vietnam stock market, VNindex