EFG Hermes’ Financial Brokerage Group (FBG) has maintained its top ranking in the market year to date, with a trading value of EGP 36.2bn, accounting for 19.8% of the total market transactions for the period.
The Commercial International Brokerage Company (CIBC) came second with a EGP 17.7bn trading, representing a 9.7% market share. Hermes Securities Brokerage came third with a EGP 15.9bn trading value, and an 8.7% market share.
Pharos Securities Brokerage came in fourth place, after executing EGP 9.9bn of the total market turnover in April, with 5.4% of market transactions. Pioneers Securities ranked fifth with a total turnover of EGP 8.8bn, representing 4.8% of the market. Beltone Securities Brokerage came in sixth place, with a 4.5% market share through transactions worth EGP 8.3bn.
Arqaam Securities Brokerage ranked seventh with EGP 7.3bn worth transactions and holding 4% of the market. Naeem Brokerage came in eighth place with operations of EGP 5.1bn, representing 2.8% of the market. Meanwhile, Sigma Securities Brokerage ranked ninth with a 2.5% market share amounting to EGP 4.5bn.
Prime Securities Brokerage was the tenth largest company, with operations worth EGP 4bn, equivalent to 2.2% of the market.
