Al Rajhi Cap maintains lead among Saudi brokerages in March

Al Rajhi Capital, the investment arm of Al Rajhi Bank, kept its spot as the leading brokerage firm by market share for the fourth straight month in March, market data compiled by Argaam showed.

Al Rajhi Capital brokered up to 18.95 percent, or SAR 27.5 billion, of the total equity transactions on the Saudi Stock Exchange (Tadawul).

Aljazira Capital came second, executing 12.43 percent (SAR 18 billion) of the total trading activity during the same month.

The combined trading value of Saudi brokerage firms stood at SAR 145.03 billion in March 2017, declining by SAR 6.4 billion month-on-month.

In the Nomu parallel market, Aljazira Capital was the leading brokerage firm by market share during March, followed by Samba Capital.

Aljazira Capital brokered up to 25.1 percent, or SAR 319.6 million, of the total equity transactions on Nomu.

Meanwhile, Falcom Financial Services was the leading firm in terms of exchange-traded funds (ETFs) in March, executing 99.1 percent (SAR 227.5 million) of the total trading activity during the month.

Rank and Market Share (March 2017)
Trading percentage	Trading value (SAR bln)	Brokerage firms	Number
18.95%	27.5	Al Rajhi Capital	1
12.43 %	18.0	Aljazira Capital	2
11.50 %	16.7	NCB Capital	3
8.88 %	12.9	Alistithmar Capital	4
7.54 %	10.9	SAMBA Capital	5
6.58 %	9.5	HSBC	6
5.84 %	8.5	Saudi Fransi Capital	7
5.38 %	7.8	Riyad Capital	8
4.46 %	6.5	ANB Invest	9
4.01 %	5.8	Merrill Lynch KSA Co.	10
3.31 %	4.8	Derayah Capital	11
2.31 %	3.3	Falcom Financial Services	12
2.08 %	3.0	Albilad Capital	13
1.13 %	1.6	Alinma Investment	14
1.06 %	1.5	Alawwal Capital	15
0.85 %	1.2	Aloula Geojit Capital	16
0.67 %	1.0	Muscat Capital	17
0.64 %	0.9	EFG Hermes KSA	18
0.49 %	0.7	Al-Nefaie Investment	19
0.48 %	0.7	Jadwa Investment	20
0.45 %	0.7	Morgan Stanley	21
0.28 %	0.4	Arbah Capital	22
0.18 %	0.3	Osool Capital	23
0.13 %	0.2	Audi Capital	24
0.13 %	0.2	Al-Khair Capital	25
0.07 %	0.1	Saudi Arabia Middle East Financial Investment Co. (MEFIC)	26
0.06 %	0.08	Credit Suisse Saudi Arabia	27
0.05 %	0.07	Emirates NBD Capital KSA LLC	28
0.05 %	0.07	Deutsche Securities	29
0.01 %	0.02	J.P. Morgan	30
--	--	The Investor	31
100%	145.0	Total

Nomu

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