As of October 19, 13 securities firms had reported Q3 2026 results, with 7 posting profits and 6 losses. KAFI recorded Q3 operating revenue of nearly 981 billion VND, up 15%, but pre-tax profit fell nearly 13% to 171 billion VND as financial expenses rose 53% to nearly 351 billion VND, mainly interest expense of over 319 billion VND. For the first nine months, KAFI posted operating revenue of over 3,004 billion VND (up 63%) and after-tax profit of over 431 billion VND. Guotai Haitong (Vietnam) saw Q3 pre-tax profit jump 165% to over 14 billion VND on lending and investment income, while Đại Việt still posted a pre-tax loss of nearly 3.9 billion VND, narrower than the 4.1 billion VND loss a year earlier.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Cập nhật số liệu CTCK ngày 19/10: Thêm công ty chứng khoán báo lợi nhuận quý 3 "tăng bằng lần"
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/16/2026 | 1,705.91 |
| Change that session | +0.45% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Securities firm update as of October 19: TCBS posts record profit, many firms report weaker Q3 earnings, some swing to losses
As of the afternoon of October 19, 20 securities companies had reported Q3 2026 results. TCBS (ticker TCX) posted pre-tax profit of VND 2,152 billion in Q3, its highest quarterly level on record, driven mainly by margin lending and advances on sales proceeds, which generated net income of VND 1,548 billion, up 55%. JBSV's pre-tax profit exceeded VND 46 billion, three times the same period last year, supported by lending and underwriting. In contrast, DSC's Q3 pre-tax profit fell 98% as proprietary trading weakened and costs rose; Pinetree's fell 28%; ASAM posted a pre-tax loss of over VND 1 billion, and VISC swung to a loss of over VND 812 million.
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Securities stocks have remained weak despite expectations of gains from FTSE Russell's market upgrade and capital market development. According to VietstockFinance, as of 09/10/2026 the sector index was down 23.46% year-to-date, much deeper than the 2.77% decline of VN-Index, and had lost 39.92% over the past year. About 80% of the 43 sector stocks were more than 20% below their recent peaks, a threshold commonly used to define a bear market. Võ Kim Phụng of Chứng khoán Beta said the sector's earnings depend on liquidity, margin lending and interest rates, and that expected gains were priced in earlier; in Q3/2026, average daily trading value on HOSE and HNX fell 58% year-on-year.
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VN-Index closed the week at 1,705.91 points, down 1.58% from the previous week. Analysts expect further technical rebounds next week, but say this is not yet enough to confirm a bottom: 1,680–1,700 points is seen as nearby support and 1,715–1,750 points as resistance. Views differ on the next move: KBS warns the index could retest 1,650–1,670 points if selling by blue chips and foreign investors continues, while AseanSC says it must clear 1,715–1,735 points to confirm a bottom. The article suggests investors keep moderate exposure and watch liquidity and the Q3 reporting season, with the disclosure deadline on October 20.
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