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VPS securities dominates Vietnam’s HNX and UPCoM brokerage market

On the UPCoM front, VPS Securities not only retained its dominance but also expanded its market share by an impressive 2.61 percentage points, reaching a commanding 30.77 percent. The UPCoM rankings have also seen significant adjustments; Vietnam Construction Securities JSC and MB Securities JSC both moved up one rank, while VNDirect Securities Corporation fell two spots to fifth. Hồ Chí Minh City Securities Corporation (HSC) experienced a minor decline, losing 0.48 percent in market share and dropping one rank.

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Vietnamese stock market ends four-day winning streak

Large-cap stocks in the financial and manufacturing sectors led the market’s decline. Notably, the Bank for Investment and Development of Vietnam (BID) saw the steepest drop, decreasing by 0.71% and contributing nearly 0.5 points to the VN-Index's overall decline. FPT Corporation (FPT) and Southeast Asia Commercial Joint Stock Bank (SSB) also faced losses, falling by 0.96% and 3.63%, respectively.