10 brokerage firms account for 77% of the Dubai market’s trading...

10 brokerage firms account for 77% of the Dubai market’s trading...
10 brokerage firms account for 77% of the Dubai market’s trading...

10 brokerage firms, out of the 29 companies operating in the Financial Market, accounted for about 77.2%, or the equivalent of 60 billion dirhams, of the total corporate transactions during the first nine months of this year, which amounted to about 77.4 billion dirhams.

“EFG Hermes” topped the list, with a share of about 12.4 billion dirhams, equivalent to 16.06%. “Securities Numbers” came second, with about 8.76 billion, or 11.32% of the total trading in the market.

ranking

And “BHM Capital for Financial Services” ranked third, with about 8.6 billion dirhams, or 11.14%, followed by “Al Ramz Capital” with 7.09 billion and 9.17%, and then “Abu Dhabi Islamic Securities” with 5.98 billion and 7.73%. Then “Emirates NBD Securities”, with a value of 5.46 billion dirhams, or 7.06%, then “First Abu Dhabi Securities”, with a share of 4.16 billion, or 5.38%, followed by “Abu Dhabi Commercial Securities”, about 2.86 billion dirhams, or 3.7 %.

The “Dubai Islamic Financial Services” company came in ninth, at about 2.5 billion dirhams, or 3.24%, then “Al-Daman Securities” by about 1.9 billion dirhams, with a rate of 2.46%, then “Sharjah Islamic Financial Services” with about 1.77 billion dirhams, or 2.3%, It is followed by “International Securities” with about 1.76 billion dirhams, or 2.28%, then “Mina Corp for Financial Services”, equivalent to 2.26%, or 1.75 billion dirhams, followed by “Mashreq Securities” with a share of 2.14%, equivalent to 1.65 billion dirhams.

quotas

The share of “SICO Financial Brokerage Company” amounted to about 1.8%, equivalent to 1.39 billion dirhams, then “HSBC Middle East” with about 1.37 billion dirhams, and a share of 1.78%, and “RMZM” by 1.4%, equivalent to 1.08 One billion dirhams, followed by “Al Ansari Financial Services”, with a share of 1.35%, or 1.04 billion dirhams, “Finance House” 1.18%, or the equivalent of 915.48 million dirhams, and “Emirates Islamic Financial Brokerage” by about 1.16%, or the equivalent of 901.48 million.

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