Al Rajhi Capital maintains lead as top Saudi brokerage in April

02/05/2017 Argaam Special

Al Rajhi Capital, the investment arm of Al Rajhi Bank, retained its lead as the top brokerage firm operating in Saudi Arabia for the fifth consecutive month in April, market data compiled by Argaam showed.

 

Al Rajhi Capital brokered up to 18.2 percent, or SAR 23.8 billion, of the total equity transactions on the Saudi Stock Exchange (Tadawul). 

 

NCB Capital moved up one notch to the second position, executing 12.81 percent (SAR 16.7 billion) of the total trading activity during the same month.

 

Aljazira Capital came third, with 12.73 percent (SAR 16.63 billion) of the total trading activity in April.

 

The combined trading value of Saudi brokerage firms stood at SAR 130.6 billion in the same period, dropping SAR 14.4 billion month-on-month.

 

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

 

Aljazira Capital brokered up to 26.1 percent, or SAR 62.7 million, of the total equity transactions on Nomu. 

 

Meanwhile, Falcom Financial Services was the leading firm in terms of exchange-traded funds (ETFs) in April, executing 99.6 percent (SAR 216.7 million) of the total trading activity during the month.

 

Rank and Market Share (April 2017)

Trading percentage

Trading value (SAR bln)

Brokerage firms

Number

18.19 %

23.76

Al Rajhi Capital

1

12.81 %

16.74

NCB Capital

2

12.73 %

16.63

Aljazira Capital

3

8.72 %

11.39

Alistithmar Capital

4

7.41 %

9.68

Samba Capital

5

7.24 %

9.46

HSBC

6

6.13 %

8.01

Saudi Fransi Capital

7

5.49 %

7.17

ANB Invest

8

5.19 %

6.78

Riyad Capital

9

3.33 %

4.35

Derayah Capital

10

1.88 %

2.46

Albilad Capital

11

1.49 %

1.95

Falcom Financial Services

12

1.36 %

1.78

Alawwal Capital

13

1.26 %

1.64

Alinma Investment

14

1.14 %

1.49

Merrill Lynch KSA Co.

15

0.97 %

1.27

Aloula Geojit Capital

16

0.69 %

0.90

Al-Khair Capital

17

0.66 %

0.86

EFG Hermes KSA

18

0.64 %

0.84

Morgan Stanley

19

0.61 %

0.80

Muscat Capital

20

0.58 %

0.76

Al-Nefaie Investment

21

0.50 %

0.66

Jadwa Investment

22

0.32 %

0.41

Arbah Capital

23

0.17 %

0.23

Osool Capital

24

0.15 %

0.20

Emirates NBD Capital KSA LLC

25

0.11 %

0.15

Audi Capital

26

0.10 %

0.14

Deutsche Securities

27

0.08 %

0.10

Credit Suisse Saudi Arabia

28

0.01 %

0.02

J.P. Morgan

29

--

0.001

The investor

30

--

--

Saudi Arabia Middle East Financial Investment Co. (MEFIC)

31

100%

130.63

Total

 

 

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