SSI continues its lead in brokerage market share

HÀ NỘI — Saigon Securities Incorporation (SSI) remained the largest broker in Việt Nam in the second quarter of 2018, accounting for 23.08 percent of the brokerage market share, according to the HCM City Stock Exchange (HoSE).

In the first half of the year, the company also took the lead with 20.9 per cent of the market share, outpacing the brokers in the second and third positions with 11.7 per cent and 9.5 per cent, respectively.

The remainder of the year is likely to be the fourth consecutive year SSI has topped the list.

The company said that it would open two branches in the second half of the year, raising the number of its transaction offices to 14.

SSI has set a target of pre-tax profits of VNĐ1.615 trillion (US$70.8 million) on VNĐ3.41 trillion in revenue this year, year-on-year increases of 12 per cent and 15 per cent, respectively.

Last year it was selected by Forbes Vietnam as the only securities company among Việt Nam’s 40 Most Valuable Brands, with its brand valued at $26.5 million. — VNS