Al Rajhi Capital, the investment arm of Al Rajhi Bank, has been ranked as the kingdom’s leading brokerage firm for the fifth consecutive month in December, market data compiled by Argaam showed.
The firm brokered SAR 45.48 billion, or 17.94 percent of total transactions on the Saudi Stock Exchange (Tadawul).
Aljazira Capital came second, executing transactions worth SAR 41.15 billion or 16.24 percent of the market’s total trading value.
NCB Capital and Samba Capital followed, placing third and fourth and brokering SAR 29.38 billion and SAR 19.74 billion, respectively.
Meanwhile, Alistithmar Capital executed transactions worth SAR 19.53 billion, or 7.7 percent of Tadawul’s trading value.
The combined trading value of all 30 brokerage firms operating in the kingdom jumped 18 percent (SAR 38 billion) month-on-month to SAR 253.5 billion.
|
Market Share (December 2015) |
|||
|
Market share |
Trading value (SAR bln) |
Brokerage Firms |
Rank |
|
17.94% |
45.48 |
Al Rajhi Capital |
1 |
|
16.24% |
41.15 |
Aljazira Capital |
2 |
|
11.59% |
29.38 |
NCB Capital |
3 |
|
7.79% |
19.74 |
Samba Capital |
4 |
|
7.71% |
19.53 |
Alistithmar Capital |
5 |
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