Hanoi securities revenues retreat after rising for two quarters

Total brokerage revenue of securities companies is estimated to reach 3.3 trillion dong, a decrease of about 900 billion dong from the third quarter. — VNA/VNS

HANOI: Following two consecutive quarters of recovery, securities brokerage operations unexpectedly experienced a notable decline in the fourth quarter of 2023.

During the period, the total brokerage revenue of securities companies is estimated to reach 3.3 trillion dong, a decrease of about 900 billion dong, or over 21%, from the third quarter.