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Ranking of Egypt’s best performing brokerages see changes in June - Daily News Egypt

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Ranking of Egypt’s best performing brokerages see changes in June

Pharos Holding witnesses substantial leap on previous month, gaining first place, with trading value of EGP 7.2bn


Pharos Securities took first place in Egypt’s ranking for best performing brokerage firms in June, following a substantial leap in its performance.

The brokerage company achieved a total trading value of EGP 7.2bn, accounting for 12.3% of the total market transactions.

Runner-up Pioneers Securities rose up seven places compared to its May performance, with a turnover of EGP 5.9bn, accounting for a 10% market share of the total executions.

The Commercial International Brokerage Company came in third place, after executing transactions worth EGP 4.7bn, accounting for 8% of the market’s transactions.

The Financial Brokerage Group came in fourth place in June, down from first place in May, with a turnover of EGP 4.5bn, accounting for 7.6% of the total market transactions. Hermes Securities Brokerage came in fifth place, with EGP 3.8bn in transactions, accounting for 6.5% of the market.

It was followed by Beltone Securities Brokerage, which rose two places over June to sixth place, with transactions amounting to EGP 2.6bn, with a market share of 4.5%.

Naeem Brokerage came in seventh place, with transactions amounting to EGP 2bn. The firm accounted for 3.4% of the market’s business.

It was followed by Arqaam Securities Brokerage in eighth place, with a value of EGP 1.9bn, and Arabeya Online Securities in ninth place, with turnover of EGP 1.6bn.

Mubasher International for Securities ranked tenth with a value of EGP 1.5bn, accounting for 2.6% of the market’s total transactions.

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https://dailyfeed.dailynewsegypt.com/2020/07/01/ranking-of-egypts-best-performing-brokerages-see-changes-in-june/
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