Tadawul’s May brokerage firms’ market share report: Al-Jazeera Capital maintains the lead

16/06/2014 Argaam Special

 

Al-Jazeera Capital, a joint stock brokerage firm that offers sharia-compliant products, maintained the lead among brokerage companies operating in the Saudi Stock Exchange for the 29th consecutive month, capturing 17.5 percent of May’s SAR 485.1 billion trading, according to a report by Tadawul, the Saudi bourse.

Al-Rajhi Capital, the investment banking arm of Saudi Arabia’s top listed lender, al-Rajhi bank, had 14.8 percent of the market in May, while NCB Capital came third, with 13.2 percent market share.

The value of the brokerage fees earned by firms is twice as much as that announced by Tadawul because the brokers earn fees from both the buyers and sellers. END

 

Brokerage firms market shares (May 2014)

Trading

(%)

Trading value(SAR billion)

  Brokerage firms

Number      

17.5%

84.67

Al jazira Capital

1

14.8%

71.91

Al Rajhi Capital

2

13.2%

64.10

NCB Capital

3

9.6%

46.62

Samba Capital

4

9.0%

43.86

HSBC

5

7.5%

36.50

Saudi Fransi Capital

6

6.6%

32.21

Riyad Capital

7

4.8%

23.49

ANB Invest

8

4.5%

21.80

Alistithmar Capital

9

2.7%

13.21

Derayah Capital

10

1.8%

8.70

Falcom Financial Services

11

1.6%

7.90

Saudi Hollandi Capital

12

1.5%

7.32

Albilad Investment Co.

13

1.0%

4.72

Alinma Investment

14

0.9%

4.56

Aloula Geojit Capital

15

0.5%

2.56

Al-Nefaie Investment

16

0.4%

1.81

Hermes KSA

17

0.3%

1.41

Credit Suisse Saudi Arabia

18

0.3%

1.37

Osool Capital

19

0.2%

1.10

Merrill Lynch KSA Co

20

0.2%

0.76

MiddleEastFinancialInvestmentCo.(MEFIC)

21

0.2%

0.75

Jadwa Investment

22

0.1%

0.66

Deutsche Securities

23

0.1%

0.65

Morgan Stanley

24

0.1%

0.64

Muscat Capital

25

0.1%

0.58

Al-Khair Capital Saudi Arabia

26

0.1%

0.54

Arbah Capital

27

0.1%

0.41

Audi Capital

28

0.04%

0.22

EmiratesNBDCapital KSA LLC

29

0.01%

0.03

The Investor Co. for Securities

30

 

The following table shows brokerage firms’ rankings in 2014:

                    

Brokerage firms ranking 2014

January

February

March

April

May

Brokerage firms

1

1

1

1

1

Al jazira Capital

2

2

2

2

2

Al Rajhi Capital

3

3

4

5

5

HSBC

4

4

3

3

3

NCB Capital

5

5

5

4

4

Samba Capital

6

6

6

6

6

SaudiFransi Capital

7

7

7

7

7

Riyad Capital

8

8

8

8

8

ANB Invest

9

9

9

9

9

Alistithmar Capital

10

10

10

10

10

Derayah Capital

11

11

12

11

11

Falcom Financial Services

12

12

13

12

12

SaudiHollandi Capital

13

13

14

13

13

Albilad Investment Co.

14

14

11

14

14

Alinma Investment

15

15

15

15

15

AloulaGeojit Capital

16

18

18

18

17

Hermes KSA

17

21

24

19

22

Jadwa Investment

18

17

16

16

16

Al-Nefaie Investment

19

20

21

20

20

MerrillLynch KSA Co

20

16

20

23

18

CreditSuisse Saudi Arabia

21

19

17

21

24

Morgan Stanley

22

25

29

25

26

Al-KhairCapital Saudi Arabia

23

23

22

24

21

MiddleEastFinancialInvestmentCo. (MEFIC)

24

22

19

17

19

Osool Capital

25

24

27

22

23

Deutsche Securities

26

26

23

28

25

MuscatCapital Co.

27

28

26

26

28

Audi Capital

28

29

25

27

27

Arbah Capital

29

27

28

29

29

EmiratesNBD CapitalKSA LLC

30

30

30

30

30

The Investor Co. for Securities

 

 

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