By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Lebanese race to gold amid local, global economic uncertainty
    Lebanese race to gold amid local, global economic uncertaintygoldLebanese race to gold amid local, global economic uncertainty
    May 27, 2023
    Iranian president warns of Western bids to cause division among OPEC members
    Iranian president warns of Western bids to cause division among OPEC members
    May 27, 2023
    CBE cooperates with international institutions to digitize supply chains: Assistant sub-governor
    CBE cooperates with international institutions to digitize supply chains: Assistant sub-governor
    May 27, 2023
    Egypt has integrated, full-disclosure programme to attract private sector investment: CBE governor
    Egypt has integrated, full-disclosure programme to attract private sector investment: CBE governor
    May 27, 2023
    EFG Hermes Holding rebrands to EFG Holding
    EFG Hermes Holding rebrands to EFG Holding
    May 27, 2023
  • Politics
    PoliticsShow More
    Armed clashes occur between Iranian, Afghan border guards
    Armed clashes occur between Iranian, Afghan border guards
    May 27, 2023
    UN warns Yemen's food insecurity remains serious threat
    UN warns Yemen’s food insecurity remains serious threat
    May 27, 2023
    Uganda dispatches team to investigate deadly attack on its peacekeepers in Somalia
    Uganda dispatches team to investigate deadly attack on its peacekeepers in Somalia
    May 27, 2023
    Africa Day Egypt celebrates 60th anniversary African unity
    Africa Day: Egypt celebrates 60th anniversary of African unity
    May 25, 2023
    Opinion| Behind the scenes of the US-China conflict over Taiwan’s chips
    Opinion| Behind the scenes of the US-China conflict over Taiwan’s chips
    May 25, 2023
  • Interviews
    InterviewsShow More
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    May 25, 2023
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    May 8, 2023
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    April 29, 2023
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    April 18, 2023
    "Al-Asly" series saw my first leading role in TV drama: Reham Abdel Ghafour
    “Al-Asly” series saw my first leading role in TV drama: Reham Abdel Ghafour
    April 16, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Financial Group maintains leadership among securities companies in June
Share
Notification
Latest News
Lebanese race to gold amid local, global economic uncertainty
Lebanese race to gold amid local, global economic uncertaintygoldLebanese race to gold amid local, global economic uncertainty
Business
Armed clashes occur between Iranian, Afghan border guards
Armed clashes occur between Iranian, Afghan border guards
Politics Region
Iranian president warns of Western bids to cause division among OPEC members
Iranian president warns of Western bids to cause division among OPEC members
Business
UN warns Yemen's food insecurity remains serious threat
UN warns Yemen’s food insecurity remains serious threat
Politics Region
Uganda dispatches team to investigate deadly attack on its peacekeepers in Somalia
Uganda dispatches team to investigate deadly attack on its peacekeepers in Somalia
Politics Region
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Stock Market > Financial Group maintains leadership among securities companies in June
Stock Market

Financial Group maintains leadership among securities companies in June

Alia Stouhi
Last updated: 2017/07/01 at 3:47 PM
By Alia Stouhi 4 Min Read
Share
SHARE

Financial Group maintained its dominance over the brokerage firms in June, with a total volume of EGP 4.99bn, representing a market share of 15.4%. It took the lead in the main market excluding deals and deals market, as well as institutions’, Arabs’, and foreigners’ transactions.
The Commercial International Brokerage competed over the second place with a turnover of EGP 3.5bn, accounting for a market share of 11% of the companies’ transactions during the month. Meanwhile, the company maintained its lead over the electronic transactions.
Hermes Brokerage, which always topped individuals’ transactions, came in third place with a turnover of EGP 3.2bn and a market share of 10%, supported by transactions of the deals market, where it ranked the second with EGP 8.7bn, acquiring 22.5% of the Q2 deals in 2017.
Beltone Brokerage occupied the fourth place with a turnover of EGP 1.5bn, representing 4.8% of total corporate transactions in the same period.

Pharos Securities ranked fifth with a turnover of EGP 1.49bn and a market share of 4.6%. Pioneers Securities came in sixth place with a turnover of EGP 1.2bn, representing a market share of 3.6% of corporate transactions.
SIGMA Capital Securities Brokerage ranked seventh with a EGP 948m turnover and a market share of 2.9%. Naeem Securities Brokerage came in eighth place with a turnover of EGP 902.5m and a market share of 2.8% of brokerages’ transactions in the last month, followed by Mubasher International for Securities with a turnover of EGP 842.9 and a market share of 2.6%.Arqaam Securities Brokerage managed to join the list of the top ten companies through implementations worth EGP 801.7, accounting for a market share of 2.5%.

The EGX30 index rose during the month by 0.42%, closing at the level of 13,396 points. While in terms of medium indexes, they were also more inclined towards increasing, where the EGX70 index recorded an increase by 13.63%, closing at the level of 649 points, while the EGX100 index recorded an increase by 10.64% at the level of 1,509 points.

Total trading value last month reached EGP 19.8bn, while total amount of trading reached 4,738 million securities implemented on 344,000 processes, compared to a total trading value last month estimated at EGP 38.2bn and a total amount of 7,375 million securities implemented in 596,000 processes.

As for NILEX, it has recorded a total trading value of EGP 27m and a trading amount of 32.6 million securities implemented on 3,749 processes. Shares acquired 81.21% of total trading value, where the value of bonds trading represented 18.79%.

Egyptians’ transactions accounted for 69.12% of total market transactions, non-Arab foreigners for 21.07%, and Arabs 9.82%, excluding transactions.

Non-Arab foreigners recorded a net purchase of EGP 707.20 this month, while Arab purchases recorded a net purchase of EGP 31.66m this month, excluding transactions.

It is worth mentioning that net transactions of foreigners recorded net purchases of EGP 6.914.63m since the beginning of the year. Arabs recorded net purchase of EPG 129.74m during the same period excluding transactions.

Institutions accounted for 54.20% of stock exchange transactions, while individuals’ transactions were estimated at 45.80%.

Institutions recorded net purchases of EGP 70.96m this month excluding transactions.

You Might Also Like

Exploring the Benefits of Automated Trading With MT4

Japan’s Nikkei ends higher, gains capped amid continued concerns over global financial crisis

Palm Hills Developments to establish “GEMS British International School of Badya” in partnership with EEP

How did EGX respond to Egyptian pound flotation?

EGX rally following CBE’s governor resignation

TAGGED: Beltone Brokerage, Financial Group, NILEX, Pharos Securities
Share this Article
Facebook Twitter Email Print
Previous Article Gulf crisis: Surrender or dig in for the long haul
Next Article Financial Group, EFG-Hermes acquire 26% of EGX’s transactions in H1 2017
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Lebanese race to gold amid local, global economic uncertainty
Lebanese race to gold amid local, global economic uncertaintygoldLebanese race to gold amid local, global economic uncertainty
Business
Armed clashes occur between Iranian, Afghan border guards
Armed clashes occur between Iranian, Afghan border guards
Politics Region
Iranian president warns of Western bids to cause division among OPEC members
Iranian president warns of Western bids to cause division among OPEC members
Business
UN warns Yemen's food insecurity remains serious threat
UN warns Yemen’s food insecurity remains serious threat
Politics Region
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?