Outstanding margin loans reach record high amidst strong equity growth
Statistics indicate that outstanding margin loans at securities companies are projected to increase by VNĐ23 trillion (US$903.7 million) compared to the end of 2023.
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Statistics indicate that outstanding margin loans at securities companies are projected to increase by VNĐ23 trillion (US$903.7 million) compared to the end of 2023.
Shareholder interest was high at Techcombank’s AGM due to the bank's generous approach to dividends after several years of restrained pay-outs.
VPS Securities JSC (VPS) maintains its leading position in the securities brokerage market on HoSE, capturing a 20.3 per cent market share, which gains 1.2 per cent from the end of the previous year.
In the fourth quarter of 2023, overall brokerage revenue of securities companies fell 21 per cent from the third quarter, while the outstanding balance increased by around 15,000.
VPS Securities Joint Stock Company remained the top stock brokerage last quarter with a 19.9 per cent market share, with SSI Securities Corporation a distant second with 9.78 per cent, according to data released by the HCM Stock Exchange.