The top 10 securities trading firms in Vietnam added a collective 2.67 percent to their collective market share in the third quarter of 2024 compared to the second quarter of the year, according to Ho Chi Minh City Stock Exchange data. The top ten now account for 67.81 percent of the market up from 64.14 percent.
The biggest improvement belonged to Viet Cap Securities which saw a 1.46 percent increase in its market share with the biggest fall belonging to VNDirect which lost .76 percent. However, Vietcombank Securities Company dropped out of the top ten altogether and therefore how much its share changed is unknown. Of note, FPT Securities moved in to take Vietcombank Securities’ place.
Vietnam securities firms market share, Q2 versus Q3 2024
# | Company | Code | Q3 | Q2 | Change |
1 | VPS Securities | VPS | 17.63% | 18.16% | -0.53% |
2 | Saigon Securities | SSI | 8.84% | 9.31% | -0.47% |
3 | Techcom Securities | TCB | 7.09% | 7.45% | -0.36% |
4 | VNDirect Securities Corporation | VND | 5.70% | 6.46% | -0.76% |
5 | Ho Chi Minh City Securities Corporation | HSC | 6.65% | 6.41% | 0.24% |
6 | Vietcap Securities | VCI | 6.78% | 5.32% | 1.46% |
7 | MB Securities | MBS | 4.69% | 4.76% | -0.07% |
8 | Mirae Asset Securities (Vietnam) | MAS | 4.50% | 4.40% | 0.10% |
9 | FPT Securities Joint Stock Company | FPTS | 2.97% | – | – |
10 | KIS Vietnam Securities Corporation | KIS | 2.96% | 2.87% | 0.09% |
Total | 67.81% | 65.14% | 2.67% |
See also: Vietnam Securities Industry