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Beltone comes first in February brokerage ranking with EGP 10.9bn transactions - Daily News Egypt

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Beltone comes first in February brokerage ranking with EGP 10.9bn transactions

Hermes takes runner-up with EGP 6.2bn, whilst sister company Financial Group falls to sixth

Beltone Securities Brokerage has topped the brokerage firms ranking regarding the value of transactions executed on the Egyptian Exchange (EGX) in February, with a market share of 14.4% valued at EGP 10.891bn.

It was followed by Hermes Securities Brokerage, with total transactions of EGP 6.171bn and a market share of 8.2%.

Mubasher International and Pioneers Securities occupied the third and fourth positions, respectively, with a market share of 5.4% for each, reflecting transactions of EGP 4.089bn and EGP 4.087bn, respectively.

The Commercial International Brokerage Company ranked fifth with transactions of EGP 3.477bn, equivalent to 4.6% of the market. With a slight difference, the Financial Brokerage Group came in sixth place, with a market share of 4.5% and total transactions worth EGP 3.401bn.

The Arabeya Online Securities ranked seventh, with transactions of EGP 2.612bn and a market share of 3.5%. Sigma Securities Brokerage came eighth with EGP 2.096bn transactions, acquiring 2.8% of the market.

In ninth place, Pharos Securities came with total transactions valued at EGP 2.078bn. Arqaam Securities Brokerage came in 10th place with transactions of EGP 2.048bn. Each of them has a market share of 2.7%.

Topics: Beltone brokerage

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