Stocks of securities companies are often considered as "thermometers", signaling market trends. When the market is experiecing uptrend, these stocks often have impressive growth and vice versa.
The stock market in the first 9 months of 2022 had many fluctuations when VN-Index dropped to the threshold of 1,000 points. Along with the continuous fluctuations of the market, securities stocks also saw many changes. However, most securities stocks fell sharply compared to the beginning of the year.
There are 2 main reasons why prices of securities stocks fell sharply. The first is due to the large capital increase of securities companies, which diluted the stock, and the second is due to the general downward market situation.
From now until the end of the year, there will be a few events that are expected to take place and affect the securities industry, including the implementation of the KRX information technology system to improve order processing efficiency, and the expansion and development of new financial products.
However, it will take a long time to return to the flourishing period of previous years. In the near future, the level of risk when investing in securities stocks is still quite high because of the following reasons:
However, securities stocks are still one of many choices of investors when the stock market has many uncertainties.
VSD has shortened the payment cycle from T+3 to T+2, which brings great benefits to investors and increases liquidity and attractiveness of the market.
Many experts believe that from now until the end of the year, the market will have good changes. Therefore, investing in securities stock at this time will open up the opportunity to reap profits in the near future.
Stocks of the securities industry are one of the preferred choices of investors when trading in the market. When the economy is unstable, stock values and daily trading volume reflect the reality of that diminishing impact.
Following is the list of 5 largest securities companies in Vietnam:
SSI Securities Joint Stock Company is one of the oldest and most prestigious companies in Vietnam with quality brokerage, securities investment and financial services. SSI's stock price is assessed to be the most stable compared to the stocks of enterprises in the same industry.
VNDirect Securities Corporation was officially listed on HOSE in 2017. So far it has always maintained its position as the top stock with stable revenue and high market share in the industry.
Viet Capital Securities Joint Stock Company was established in 2007 and listed on the stock exchange in 2017. The company's revenue mainly comes from proprietary trading activities with total revenue of VND 526 billion. Besides, the company’s lending and securities brokerage activities are improving.
MB Securities Joint Stock Company was established in 2000. The company regularly occupies the top 5 position of brokerage units with high revenue and profit. The company is also prioritized by its regular dividend payment policy.
Everest Securities Joint Stock Company is famous for being a professional securities service provider. Everest constantly improves new technology to meet customer needs.
Henry Tran – VietnamCredit