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

03/11/2014 Argaam

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 34th consecutive month, capturing 16.3 percent of October’s SAR 265.8 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 14.6 percent of the market in October, while HSBC Saudi Arabia came third, with 10.39 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.

 

Brokerage firms market shares (October 2014)

Trading

(%)

Trading value(SAR billion)

Brokerage firms

Number

16.34%

43.43

Al jazira Capital

1

14.57%

38.72

Al Rajhi Capital

2

10.39%

27.61

HSBC

3

9.94%

25.90

NCB Capital

4

9.22%

24.51

Samba Capital

5

7.58%

20.15

Saudi Fransi Capital

6

5.42%

14.42

Riyad Capital

7

5.12%

13.60

Alistithmar Capital

8

4.77%

12.69

ANB Invest

9

3.62%

9.63

Derayah Capital

10

2.11%

5.61

Saudi Hollandi Capital

11

1.92%

5.11

Falcom Financial Services

12

1.80%

4.78

Albilad Investment Co.

13

1.08%

2.87

Alinma Investment

14

0.85%

2.27

Aloula Geojit Capital

15

0.66%

1.75

Al-Nefaie Investment

16

0.64%

1.70

Muscat Capital Co.

17

0.59%

1.57

Hermes KSA

18

0.51%

1.36

Jadwa Investment

19

0.42%

1.12

Merrill Lynch KSA Co

20

0.40%

1.06

Morgan Stanley

21

0.35%

0.92

Middle East Financial Investment Co. (MEFIC)

22

0.34%

0.91

Audi Capital

23

0.31%

0.82

Al-Khair Capital Saudi Arabia

24

0.31%

0.81

Deutsche Securities

25

0.29%

0.77

Arbah Capital

26

0.29%

0.76

Credit Susse Saudi Arabia

27

0.21%

0.56

Osool Capital

28

0.11%

0.28

Emirates NBD Capital KSA LLC

29

0.04%

0.10

The Investor Co. for Securities

30

 

The following table shows brokerage firms’ rankings in 2014:

 

 

 

 

Brokerage firms ranking 2014

Jan

Feb

March

April

May

June

July

Aug

Sep

Oct

Brokerage firms

1

1

1

1

1

1

1

1

1

1

Al jazira Capital

2

2

2

2

2

2

2

2

2

2

Al Rajhi Capital

3

3

4

5

5

4

4

4

5

3

HSBC

4

4

3

3

3

3

3

3

3

4

NCB Capital

5

5

5

4

4

5

5

5

4

5

Samba Capital

6

6

6

6

6

6

7

6

6

6

Saudi Fransi Capital

7

7

7

7

7

7

6

7

7

7

Riyad Capital

8

8

8

8

8

9

9

9

9

9

ANB Invest

9

9

9

9

9

8

8

8

8

8

Alistithmar Capital

10

10

10

10

10

10

10

10

10

10

Derayah Capital

11

11

12

11

11

11

11

11

13

12

Falcom Financial Services

12

12

13

12

12

13

12

12

11

11

Saudi Hollandi Capital

13

13

14

13

13

12

13

13

12

13

Albilad Investment Co.

14

14

11

14

14

16

15

14

14

14

Alinma Investment

15

15

15

15

15

14

14

15

15

15

Aloula Geojit Capital

16

18

18

18

17

19

17

17

17

18

Hermes KSA

17

21

24

19

22

20

23

19

20

19

Jadwa Investment

18

17

16

16

16

17

19

16

16

16

Al-Nefaie Investment

19

20

21

20

20

25

18

20

21

20

Merrill Lynch KSA Co

20

16

20

23

18

18

27

27

27

27

Credit Suisse Saudi Arabia

21

19

17

21

24

23

16

18

23

21

Morgan Stanley

22

25

29

25

26

15

20

22

18

24

Al-Khair Capital Saudi Arabia

23

23

22

24

21

24

24

23

22

22

Middle East Financial Investment Co. (MEFIC)

24

22

19

17

19

22

25

25

25

28

Osool Capital

25

24

27

22

23

21

26

28

28

25

Deutsche Securities

26

26

23

28

25

28

21

21

19

17

Muscat Capital Co.

27

28

26

26

28

26

22

26

26

23

Audi Capital

28

29

25

27

27

27

28

24

24

26

Arbah Capital

29

27

28

29

29

29

29

29

29

29

Emirates NBD Capital KSA LLC

30

30

30

30

30

30

30

30

30

30

The Investor Co. for Securities

 

 

 

 

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