VnDirect is top of the pops

October 07, 2011 | 15:00
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VnDirect Securities topped the Hanoi Stock Exchange by brokerage value in 2011’s Q3, beating Thang Long Securities and Saigon Securities.

VnDirect gained 7.4 per cent in total brokerage value, while Thang Long enjoyed 5.1 per cent and Saigon Securities just 4.08 per cent, the bourse announced on October 6.

However, VnDirect was not named among Ho Chi Minh Stock Exchange’s (HoSE) top 10 firms by brokerage value, according to the southern bourse. Meanwhile Saigon Securities strongly outperformed the main bourse with nearly 16 per cent market share, far surpassing the second-biggest one Ho Chi Minh City Securities.

Thang Long fell from its second position in last quarter to the third position. The leading brokerage by chartered capital also significantly fell to eighth position on the HoSE with just more than 3 per cent.

Asia Commercial Bank Securities, FPT Securities, Bao Viet Securities, VSM Securities along with the two foreign-backed firms Kim Eng Securities, Golden Bridge Vietnam were among the 10 firms with the biggest stake brokerage value on the HNX.

Ten securities companies with biggest stock brokerage value on HNX in Quarter III/2011

By Hai Linh

vir.com.vn

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