Pioneers Securities tops brokerage transactions in October with 20% market share

Daily News Egypt
2 Min Read

Pioneers Securities ranked first in the brokerage companies’ ranking for October. It carried out transactions worth EGP 16.937bn, with a market share of 20%. Last September, it ranked 5th with transactions worth EGP 3.294bn and a market share of 4.2%.

The Commercial International Brokerage Company came second in October, executing transactions worth EGP 13.913bn and a market share of 16.4%, compared to last September when it ranked 7th, with transactions worth EGP 2.954bn and a market share of 3.8%.

Hermes Securities Brokerage Company recorded its presence in the 3rd place in the order of the month of October, executing trades worth EGP 6.562bn, with a market share of 7.7%, compared to the 4th place last September, when it carried out transactions worth EGP 4.856bn with a market share of 6.2%.

Al-Ahly Pharos Securities Brokerage Company came 4th place last October, with executed transactions worth EGP 6.381bn and a market share of 7.5%, compared to the 8th place last September, with transactions worth EGP 2.726bn and a market share of 3.5%.

Beltone Securities ranked 5th in the brokerage rankings in October, as it carried out transactions worth EGP 4.757bn, with a market share of 5.6%, compared to the 3rd place last September, with transactions worth EGP 5.783bn and a market share of 7.4%.

The Financial Brokerage Group came after Beltone, with a trading volume of 327.8 million securities, through 44,300 transactions.

Arabeya Online Securities Brokerage Company came in 7th, with transactions worth EGP 3.8bn and 80,600 executed transactions on 867.6 million securities, followed by Mubasher International for Securities Trading, with a market share of 2.9%.

Al-Ahram Securities Brokerage Company and Arqaam Securities Brokerage recorded big jumps by 38 and nine positions each, as Al-Ahram recorded a trading value of EGP 2.1bn, and Arqaam accounted for 1.8 of the total market executions, with a trading volume of 193.8 million securities. 

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