**DSC Celebrates Its Official Listing on HoSE with a Ceremony:**
On October 24, a ceremony was held at the Ho Chi Minh City Stock Exchange (HoSE) to celebrate the official listing of DSC Joint Stock Securities Company (code: DSC) and its first trading day.
Over 204 million DSC shares commenced trading on HoSE, with a reference price of VND 22,500 per share. With this listing, there are now 17 securities companies listed on HoSE, Vietnam’s largest and most developed stock exchange.
Mr. Nguyen Duc Anh, Chairman of DSC’s Board of Directors, stated that the listing on the HoSE platform marks a significant milestone for DSC, underscoring its commitment to meeting the standards and regulations of the financial market. This presents an opportunity for DSC to attract capital swiftly and efficiently from prominent domestic and international investors.
DSC is the second securities company to be listed and traded on HoSE this year.
DSC shares traded positively during the morning session of October 24, despite a slight decline in the VN-Index.
Established in June 2006, DSC Securities has a charter capital of VND 2,048 billion. In 2021, DSC shares commenced trading on the Upcom exchange.
DSC’s Q3/2024 financial report indicated a 19% and 83% year-on-year increase in revenue and pre-tax profit, respectively.
For the first nine months of 2024, DSC recorded VND 394 billion in revenue and VND 188 billion in pre-tax profit, fulfilling 94% of its annual plan.
By the end of the morning session, DSC shares had risen by 3.11% to VND 23,200 per share, outperforming the lackluster performance of the overall stock market.
The VN-Index closed the morning session at 1,267.61 points, a decline of 3.29 points from the previous session. Meanwhile, the HNX Index dropped by 0.84 points to 225.66 points, and the Upcom index edged up slightly by 0.03 points to 92.15 points.
Market liquidity witnessed a significant drop, with the value of transactions on the HoSE reaching just over VND 5,400 billion during the morning session.
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Over 204.8 million DSC shares were officially listed and traded on HoSE starting October 24th, with a reference price of VND 22,500 per share.
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