Tadawul’s May brokerage firms’ market share report: Al-Jazeera Capital maintains the lead

Al-Jazeera Capital, a joint stock brokerage firm that offers sharia-compliant products, maintained the lead among brokerage companies operating in the Saudi Stock Exchange for the 29th consecutive month, capturing 17.5 percent of May’s SAR 485.1 billion trading, according to a report by Tadawul, the Saudi bourse.

Al-Rajhi Capital, the investment banking arm of Saudi Arabia’s top listed lender, al-Rajhi bank, had 14.8 percent of the market in May, while NCB Capital came third, with 13.2 percent market share.

The value of the brokerage fees earned by firms is twice as much as that announced by Tadawul because the brokers earn fees from both the buyers and sellers. END

Brokerage firms market shares (May 2014)
Trading (%)	Trading value(SAR billion)	Brokerage firms	Number
17.5%	84.67	Al jazira Capital	1
14.8%	71.91	Al Rajhi Capital	2
13.2%	64.10	NCB Capital	3
9.6%	46.62	Samba Capital	4
9.0%	43.86	HSBC	5
7.5%	36.50	Saudi Fransi Capital	6
6.6%	32.21	Riyad Capital	7
4.8%	23.49	ANB Invest	8
4.5%	21.80	Alistithmar Capital	9
2.7%	13.21	Derayah Capital	10
1.8%	8.70	Falcom Financial Services	11
1.6%	7.90	Saudi Hollandi Capital	12
1.5%	7.32	Albilad Investment Co.	13
1.0%	4.72	Alinma Investment	14
0.9%	4.56	Aloula Geojit Capital	15
0.5%	2.56	Al-Nefaie Investment	16
0.4%	1.81	Hermes KSA	17
0.3%	1.41	Credit Suisse Saudi Arabia	18
0.3%	1.37	Osool Capital	19
0.2%	1.10	Merrill Lynch KSA Co	20
0.2%	0.76	MiddleEastFinancialInvestmentCo.(MEFIC)	21
0.2%	0.75	Jadwa Investment	22
0.1%	0.66	Deutsche Securities	23
0.1%	0.65	Morgan Stanley	24
0.1%	0.64	Muscat Capital	25
0.1%	0.58	Al-Khair Capital Saudi Arabia	26
0.1%	0.54	Arbah Capital	27
0.1%	0.41	Audi Capital	28
0.04%	0.22	EmiratesNBDCapital KSA LLC	29
0.01%	0.03	The Investor Co. for Securities	30

The following table shows brokerage firms’ rankings in 2014:

Brokerage firms ranking 2014
January	February	March	April	May	Brokerage firms
1	1	1	1	1	Al jazira Capital
2	2	2	2	2	Al Rajhi Capital
3	3	4	5	5	HSBC
4	4	3	3	3	NCB Capital
5	5	5	4	4	Samba Capital
6	6	6	6	6	SaudiFransi Capital
7	7	7	7	7	Riyad Capital
8	8	8	8	8	ANB Invest
9	9	9	9	9	Alistithmar Capital
10	10	10	10	10	Derayah Capital
11	11	12	11	11	Falcom Financial Services
12	12	13	12	12	SaudiHollandi Capital
13	13	14	13	13	Albilad Investment Co.
14	14	11	14	14	Alinma Investment
15	15	15	15	15	AloulaGeojit Capital
16	18	18	18	17	Hermes KSA
17	21	24	19	22	Jadwa Investment
18	17	16	16	16	Al-Nefaie Investment
19	20	21	20	20	MerrillLynch KSA Co
20	16	20	23	18	CreditSuisse Saudi Arabia
21	19	17	21	24	Morgan Stanley
22	25	29	25	26	Al-KhairCapital Saudi Arabia
23	23	22	24	21	MiddleEastFinancialInvestmentCo. (MEFIC)
24	22	19	17	19	Osool Capital
25	24	27	22	23	Deutsche Securities
26	26	23	28	25	MuscatCapital Co.
27	28	26	26	28	Audi Capital
28	29	25	27	27	Arbah Capital
29	27	28	29	29	EmiratesNBD CapitalKSA LLC
30	30	30	30	30	The Investor Co. for Securities

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