Al Rajhi Cap maintains lead among Saudi brokerages in March

04/04/2017 Argaam Special

Al Rajhi Capital, the investment arm of Al Rajhi Bank, kept its spot as the leading brokerage firm by market share for the fourth straight month in March, market data compiled by Argaam showed.

 

Al Rajhi Capital brokered up to 18.95 percent, or SAR 27.5 billion, of the total equity transactions on the Saudi Stock Exchange (Tadawul). 

 

Aljazira Capital came second, executing 12.43 percent (SAR 18 billion) of the total trading activity during the same month.

 

The combined trading value of Saudi brokerage firms stood at SAR 145.03 billion in March 2017, declining by SAR 6.4 billion month-on-month.

 

In the Nomu parallel market, Aljazira Capital was the leading brokerage firm by market share during March, followed by Samba Capital.

 

Aljazira Capital brokered up to 25.1 percent, or SAR 319.6 million, of the total equity transactions on Nomu. 

 

Meanwhile, Falcom Financial Services was the leading firm in terms of exchange-traded funds (ETFs) in March, executing 99.1 percent (SAR 227.5 million) of the total trading activity during the month.

 

Rank and Market Share (March 2017)

Trading

percentage

Trading value

(SAR bln)

Brokerage

firms

Number

18.95%

27.5

Al Rajhi Capital

1

12.43 %

18.0

Aljazira Capital

2

11.50 %

16.7

NCB Capital

3

8.88 %

12.9

Alistithmar Capital

4

7.54 %

10.9

SAMBA Capital

5

6.58 %

9.5

HSBC

6

5.84 %

8.5

Saudi Fransi Capital

7

5.38 %

7.8

Riyad Capital

8

4.46 %

6.5

ANB Invest

9

4.01 %

5.8

Merrill Lynch KSA Co.

10

3.31 %

4.8

Derayah Capital

11

2.31 %

3.3

Falcom Financial Services

12

2.08 %

3.0

Albilad Capital

13

1.13 %

1.6

Alinma Investment

14

1.06 %

1.5

Alawwal Capital

15

0.85 %

1.2

Aloula Geojit Capital

16

0.67 %

1.0

Muscat Capital

17

0.64 %

0.9

EFG Hermes KSA

18

0.49 %

0.7

Al-Nefaie Investment

19

0.48 %

0.7

Jadwa Investment

20

0.45 %

0.7

Morgan Stanley

21

0.28 %

0.4

Arbah Capital

22

0.18 %

0.3

Osool Capital

23

0.13 %

0.2

Audi Capital

24

0.13 %

0.2

Al-Khair Capital

25

0.07 %

0.1

Saudi Arabia Middle East Financial Investment Co. (MEFIC)

26

0.06 %

0.08

Credit Suisse Saudi Arabia

27

0.05 %

0.07

Emirates NBD Capital KSA LLC

28

0.05 %

0.07

Deutsche Securities

29

0.01 %

0.02

J.P. Morgan

30

--

--

The Investor

31

100%

145.0

Total

 

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