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

04/05/2014 Argaam

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 28th consecutive month, capturing 17.3 percent of April’s SAR 464.6 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 15.3 percent of the market in April, while NCB Capital came third, with 12.8 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.

 

Brokerage firms market shares (April 2014)

Trading

(%)

Trading value(SAR billion)

Brokerage firms

Number

17.3%

80.18

Al jazira Capital

1

15.3%

71.27

Al Rajhi Capital

2

12.8%

59.61

NCB Capital

3

9.5%

44.17

Samba Capital

4

9.4%

43.85

HSBC

5

7.3%

33.93

Saudi Fransi Capital

6

5.9%

27.46

Riyad Capital

7

5.1%

23.83

ANB Invest

8

4.2%

19.56

Alistithmar Capital

9

2.8%

13.17

Derayah Capital

10

2.1%

9.63

Falcom Financial Services

11

1.7%

7.94

Saudi Hollandi Capital

12

1.5%

7.14

Albilad Investment Co.

13

0.9%

4.14

Alinma Investment

14

0.8%

3.56

Aloula Geojit Capital

15

0.7%

3.04

Al-Nefaie Investment

16

0.4%

1.66

Osool Capital

17

0.3%

1.47

Hermes KSA

18

0.3%

1.41

Jadwa Investment

19

0.2%

1.09

Merrill Lynch KSA Co

20

0.2%

1.04

Morgan Stanley

21

0.2%

0.83

Deutsche Securities

22

0.2%

0.79

Credit Suisse Saudi Arabia

23

0.2%

0.75

Middle East Financial Investment Co. (MEFIC)

24

0.2%

0.73

Al-Khair Capital Saudi Arabia

25

0.2%

0.72

Audi Capital

26

0.2%

0.68

Arbah Capital

27

0.1%

0.67

Muscat Capital Co.

28

0.04%

0.20

Emirates NBD Capital KSA LLC

29

0.01%

0.05

The Investor Co. for Securities

30

 
The following table shows brokerage firms’ rankings in 2014  
                   

Brokerage firms ranking 2014

January

February

March

April

Brokerage firms

1

1

1

1

Al jazira Capital

2

2

2

2

Al Rajhi Capital

3

3

4

5

HSBC

4

4

3

3

NCB Capital

5

5

5

4

Samba Capital

6

6

6

6

Saudi Fransi Capital

7

7

7

7

Riyad Capital

8

8

8

8

ANB Invest

9

9

9

9

Alistithmar Capital

10

10

10

10

Derayah Capital

11

11

12

11

Falcom Financial Services

12

12

13

12

Saudi Hollandi Capital

13

13

14

13

Albilad Investment Co.

14

14

11

14

Alinma Investment

15

15

15

15

Aloula Geojit Capital

16

18

18

18

Hermes KSA

17

21

24

19

Jadwa Investment

18

17

16

16

Al-Nefaie Investment

19

20

21

20

Merrill Lynch KSA Co

20

16

20

23

Credit Suisse Saudi Arabia

21

19

17

21

Morgan Stanley

22

25

29

25

Al-Khair Capital Saudi Arabia

23

23

22

24

Middle East Financial Investment Co. (MEFIC)

24

22

19

17

Osool Capital

25

24

27

22

Deutsche Securities

26

26

23

28

Muscat Capital Co.

27

28

26

26

Audi Capital

28

29

25

27

Arbah Capital

29

27

28

29

Emirates NBD Capital KSA LLC

30

30

30

30

The Investor Co. for Securities

 

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