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Tadawul trading screen
SNB Capital topped the brokerage firms operating in the Main Market (TASI) in June, accounting for 26.5%, or SAR 90.3 billion, of total trading value.
Al Rajhi Capital came second, brokering up SAR 40.4 billion, or 11.9%, of the market transactions. Merrill Lynch Saudi Arabia followed, accounting for SAR 24.2 billion, or 7.1%, of total market transactions.
The following table shows the brokerage firms operating in Saudi Arabia during May 2023:
|
Rankings & Trading Values of Tadawul's Brokerages (June 2024) |
|||
|
Rank |
Brokerage Firms |
Trading Value (SAR bln) |
Market Share |
|
1 |
SNB Capital |
90.3 |
26.5% |
|
2 |
Al Rajhi Capital |
40.4 |
11.9% |
|
3 |
Merrill Lynch Saudi Arabia |
24.2 |
7.1% |
|
4 |
Morgan Stanley |
23.3 |
6.8% |
|
5 |
HSBC Saudi Arabia |
21.1 |
6.2% |
|
6 |
Goldman Sachs Saudi Arabia |
21.1 |
6.2% |
|
7 |
Derayah Financial |
18.4 |
5.4% |
|
8 |
JP Morgan Saudi Arabia |
17.6 |
5.2% |
|
9 |
Riyadh Capital |
13.8 |
4.0% |
|
10 |
AlJazira Capital |
13.3 |
3.9% |
|
11 |
EFG-Hermes Saudi Arabia |
8.7 |
2.6% |
|
12 |
SAB Invest |
8.3 |
2.4% |
|
13 |
Saudi Fransi Capital |
8.1 |
2.4% |
|
14 |
Alistithmar Capital |
6.9 |
2.0% |
|
15 |
Alinma Investment |
6.2 |
1.8% |
|
16 |
ANB Invest |
5.4 |
1.6% |
|
17 |
Albilad Capital |
3.3 |
1.0% |
|
18 |
Citigroup Saudi Arabia |
2.4 |
0.7% |
|
19 |
Sahm Capital |
1.3 |
0.4% |
|
20 |
Emirates NBD Capital |
1.1 |
0.3% |
|
21 |
GIB Capital |
1.0 |
0.3% |
|
22 |
Yaqeen Capital |
0.9 |
0.2% |
|
23 |
Credit Suisse Saudi Arabia |
0.8 |
0.2% |
|
24 |
Alkhair Capital |
0.7 |
0.2% |
|
25 |
Jadwa Investment |
0.7 |
0.2% |
|
26 |
Arbah Capital |
0.4 |
0.1% |
|
27 |
Musharaka Capital |
0.4 |
0.1% |
|
28 |
Alkhabeer Capital |
0.4 |
0.1% |
|
29 |
Al-Nefaie Investment |
0.4 |
0.1% |
|
30 |
SICO Capital |
0.3 |
0.1% |
|
Total |
340.7 |
100% | |
By the end of June, the combined traded value of brokerage firms stood at roughly SAR 340.7 billion, up 70% year-on-year (YoY).
On the Nomu-Parallel Market, Al Rajhi Capital led the way among peers last month, brokering almost SAR 553.2 million worth of shares.
Meanwhile, the number of brokerages working on exchange-traded funds (ETFs) reached 16 in June, led by Albilad Investment which brokered nearly SAR 113 million worth of transactions.
SNB Capital topped brokerages dealing in the Sukuk & Bonds Market, brokering about SAR 3 billion worth of transactions.
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