Al Ahly Pharos tops brokerage ranking in May

Fatma Salah
2 Min Read

Al Ahly Pharos Securities Brokerage took the lead in the transactions of the Egyptian Exchange brokers during May, acquiring 13.4%, with a trading value of EGP 14.9bn. The company conducted 65,700 transactions on 889 million securities last month.

The corporate sector witnessed the most tradings during May, recording net purchases by Arabs of EGP 2.4bn, while Egyptians and foreigners recorded net sales of EGP 99m and EGP 344m, respectively.

CI Capital Securities Brokerage settled in second place during the past month, capturing transactions worth EGP 9.9bn, a market share of 8.9%, and a trading volume of 1.3 billion shares executed through 135,500 transactions.

Meanwhile, Hermes Securities Brokerage fell two places to settle in third place, and the company acquired 8.3% market share, with transactions estimated at EGP 9.3bn, executed on 2.5 billion shares. 

Mubasher International for Securities ranked fourth place, seizing 4.8% market share, and trading values up to EGP 5.3bn, through a trading volume of 2 billion securities.

Arqaam Securities Brokerage jumped to fifth place in May compared to 10th place in April, with a market share of 4.9%, trading values amounted to EGP 5.3bn, and executions amounted to 419.6 million shares. 

EFG Hermes dropped two spots in May to sixth place with trading values of EGP 4.4bn, with a trading volume of 250 million shares, with a market share of 4%.

Ostoul Trading settled in seventh place during May, advancing one position from the previous month, with 3.6% market share, and turnover values of EGP 4bn, and Pioneers Trading occupied the eighth place, seizing 3.5% market share, and trading values amounted to EGP 4bn through executions amounting to 1.8 billion shares.

Arabeya Online Brokerage came in ninth place, recording about EGP 3.9bn in transactions executed through 1.7 billion securities, with a market share of 3.5%. Finally, Thunder Trading ranked tenth, with a trading volume of EGP 3.6bn, excuted on 1.4 billion shares, gaining a market share of 3.2%.

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