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.

The Vietnamese stock market increased on Monday in line with the short-term uptrend, while foreign investors continued the net selling.

The VN-Index reported a positive start to 2024, with six consecutive sessions of gains. The return of banking stocks leading the market’s trend and a surge in liquidity signal significant capital entering the stock market.

The stock market closed the week on a positive note on gains of banking and some pillar stocks, while foreign investors kept selling on the biggest bourse.

The Vietnamese stock market closed the turbulent year of 2023, with total market capitalisation by the end of this year reaching more than US$240 billion.

The market inched higher on Thursday, buoyed by the return of domestic cash flows.

The market capitalisation of Việt Nam’s stock market approximated VNĐ6 quadrillion (US$246.7 billion) in 2023, rising 9.5 per cent from and equivalent to about 62 per cent of gross domestic product (GDP) in 2022, statistics show.

Shares extended rallies on Wednesday as investors' risk appetite got stronger, while foreign investors continued withdrawing from two main exchanges.

Benchmark indices were mixed as the domestic market reopened after the New Year holiday.

Proactive and coordinated efforts among Government agencies are key to achieving the goal of upgrading Vietnam's stock market from the current frontier to emerging market status.