Al Rajhi Capital, the investment arm of Al Rajhi Bank, has been ranked the leading brokerage firm by market share in Saudi Arabia in January, market data compiled by Argaam showed.
Al Rajhi brokered up to 18.37 percent, or SAR 37.94 billion, of the total equity transactions on the Saudi Stock Exchange (Tadawul).
Aljazira Capital came second, executing 13.15 percent, or SAR 27.16 billion, of the total trading activity during the same month.
|
Market Share (January 2017) |
|||
|
Rank |
Brokerage Firms |
Trading value (SAR bln) |
Market share |
|
1 |
Al Rajhi Capital |
37.94 |
%18.37 |
|
2 |
Aljazira Capital |
27.16 |
%13.15 |
|
3 |
NCB Capital |
25.08 |
%12.15 |
|
4 |
Samba Capital |
17.36 |
%8.41 |
|
5 |
HSBC |
16.52 |
8.00% |
|
6 |
Alistithmar Capital |
15.82 |
7.66% |
|
7 |
Saudi Fransi Capital |
12.46 |
6.03% |
|
8 |
Riyad Capital |
11.84 |
5.74% |
|
9 |
ANB Invest |
9.83 |
4.76% |
|
10 |
Derayah Capital |
8.21 |
3.97% |
|
11 |
Falcom Financial Services |
4.32 |
2.09% |
|
12 |
Albilad Investment Co. |
3.86 |
1.87% |
|
13 |
Alinma Investment |
2.87 |
1.39% |
|
14 |
Alawwal Invest |
2.35 |
1.14% |
|
15 |
Aloula Geojit Capital |
1.90 |
0.92% |
|
16 |
Hermes KSA |
1.25 |
0.60% |
|
17 |
Merrill Lynch KSA Co. |
1.21 |
0.59% |
|
18 |
Muscat Capital |
1.11 |
0.54% |
|
19 |
Al-Nefaie Investment |
0.90 |
0.44% |
|
20 |
Jadwa Investment |
0.85 |
0.41% |
|
21 |
Arbah Capital |
0.71 |
0.34% |
|
22 |
Morgan Stanley |
0.63 |
0.30% |
|
23 |
Osool & Bakheet Capital |
0.54 |
0.26% |
|
24 |
Al-Khair Capital |
0.50 |
0.24% |
|
25 |
Saudi Arabia Middle East Financial Investment Co. |
0.45 |
0.22% |
|
26 |
Audi Capital |
0.30 |
0.15% |
|
27 |
Emirates NBD Capital KSA LLC |
0.22 |
0.10% |
|
28 |
Credit Suisse Saudi Arabia |
0.18 |
0.09% |
|
29 |
Deutsche Securities |
0.09 |
0.04% |
|
30 |
J.P Morgan |
0.02 |
0.01% |
|
31 |
The Investor for Securities |
-- |
-- |
|
Total |
206.49 |
100% |
|
The combined trading value of the Saudi brokerage firms stood at SAR 206.5 billion in January 2017, marking a month-on-month drop of SAR 23 billion.
|
Combined Trading Values – 2016 (SAR bln) |
|||
|
Monthly Change (%) |
Monthly Change |
Value |
Month |
|
(9%) |
(23) |
230.29 |
January 2016 |
|
+6% |
(14) |
243.98 |
February |
|
+8% |
+18 |
262.40 |
March |
|
(10%) |
(27) |
235.22 |
April |
|
+0.3% |
+0.7 |
235.93 |
May |
|
(29%) |
(67) |
168.57 |
June |
|
(29%) |
(50) |
118.92 |
July |
|
+14% |
+17 |
135.95 |
August |
|
(39%) |
(52) |
83.47 |
September |
|
+57% |
+48 |
131.33 |
October |
|
+81% |
+107 |
238.00 |
November |
|
(3%) |
( 8 ) |
229.93 |
December |
|
(10%) |
(23) |
206.49 |
January 2017 |
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