Grand Egyptian Museum fuels hospitality, real estate expansion in West Cairo    IWG accelerates Egypt expansion, plans 30 new flexible workspace centres in 2026    Redminds, Saudi Al Warda Group launch real estate alliance targeting EGP 20bn investments by 2026    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt's gold reserves surges to $16.55b in October – CBE    Giant CMA CGM ship transits Suez Canal, signaling return of megavessels    Egypt's MSMEDA helps 18,000 SMEs win EGP 1.25b in state contracts    Egypt's Foreign Minister discusses Gaza, Sudan with Russian counterpart    Iraq's PM says holding elections on schedule is a 'major event' for the state    Russia's Putin appoints new deputy defence minister in security shake-up    UNESCO General Conference elects Egypt's El-Enany, first Arab to lead body    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    Egypt to adopt World Bank Human Capital Report as roadmap for government policy    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches new cancer pharmaceuticals sector to boost drug industry localization    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Egypt's PM pledges support for Lebanon, condemns Israeli strikes in the south    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt, Medipha sign MoU to expand pharmaceutical compounding, therapeutic nutrition    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



EFG implements 25% of Q2 transactions worth EGP 36.2bn, acquires 59.6% of transactions market
With a major difference, CI Capital ranks second with transactions worth EGP 12.9bn, HC ranks third
Published in Daily News Egypt on 01 - 07 - 2017

EFG has ranked first in terms of transactions among other brokerage companies in the second quarter (Q2) of 2017, with a major difference between it and its competitors, implementing 25% of the total transactions carried out over the past three months worth EGP 36.2bn, thanks to its large implementations in the market of transactions, where it acquired 59.6% of the transactions market, worth EGP 23bn, which it means it has implemented more than what all other brokerage companies implemented together.
With a difference of EGP 23bn, CI Capital ranked second with total transactions of EGP 12.97bn, where it obtained a market share of 8.9% of companies' transactions. In terms of electronic transactions, the company ranked first with EGP 10.7bn in a market share of 16.2% of the electronic trading carried out throughout that period.
HC Brokerage ranked third with transactions worth EGP 10.7bn with a market share of 7.4%, supported by the transactions of the transactions market where it ranked second in it, with a value of EGP 8.7bn. It acquired 22.5% of the transactions of Q2 2017.
Hermes Securities Brokerage acquired the fourth place, with total transactions worth EGP 10.4bn, which represents a market share of 7.2% of total companies' implementations during that period.
Beltone Securities Brokerage ranked fifth, with total implementations worth EGP 6.5bn with a market share of 4.5%. It was followed by Pioneers Securities Brokerage in the sixth place with implementations worth EGP 4.9bn, through which it acquired a market share of 3.4%.
With a smaller number of implementations, Pharos Securities Brokerage ranked seventh with transactions worth EGP 4.3bn and a 2.9% market share.
Sigma Securities Brokerage ranked eighth with transactions worth EGP 3.5bn through a market share of 2.4% of the transactions of securities companies' during Q2 2017. It was followed by Mubasher International in the ninth place, worth EGP 3.4bn and a 2.3% market share.
Arqaam Securities Brokerage managed to be included in the list of the top ten companies through transactions worth EGP 2.7bn and a market share of 1.9%.


Clic here to read the story from its source.