Egypt After 2025: Navigating a Critical Inflection Point    Spot Gold, futures slips on Thursday, July 17th    Egypt's EHA, Huawei discuss enhanced digital health    Egypt expresses condolences to Iraq over fire tragedy    Egypt, Oman discuss environmental cooperation    Egypt's Environment Minister attends AMCEN conference in Nairobi    At London 'Egypt Day', Finance Minister outlines pro-investment policies    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's FRA chief vows to reform business environment to boost investor confidence    Egyptian, Belarusian officials discuss drug registration, market access    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Sri Lanka's expat remittances up in June '25    EU–US trade talks enter 'decisive phase', German politician says    Egypt's Health Min. discusses drug localisation with Sandoz    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    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.



Financial Group maintains leadership among securities companies in June
Published in Daily News Egypt on 02 - 07 - 2017

Financial Group maintained its dominance over the brokerage firms in June, with a total volume of EGP 4.99bn, representing a market share of 15.4%. It took the lead in the main market excluding deals and deals market, as well as institutions', Arabs', and foreigners' transactions.
The Commercial International Brokerage competed over the second place with a turnover of EGP 3.5bn, accounting for a market share of 11% of the companies' transactions during the month. Meanwhile, the company maintained its lead over the electronic transactions.
Hermes Brokerage, which always topped individuals' transactions, came in third place with a turnover of EGP 3.2bn and a market share of 10%, supported by transactions of the deals market, where it ranked the second with EGP 8.7bn, acquiring 22.5% of the Q2 deals in 2017.
Beltone Brokerage occupied the fourth place with a turnover of EGP 1.5bn, representing 4.8% of total corporate transactions in the same period.
Pharos Securities ranked fifth with a turnover of EGP 1.49bn and a market share of 4.6%. Pioneers Securities came in sixth place with a turnover of EGP 1.2bn, representing a market share of 3.6% of corporate transactions.
SIGMA Capital Securities Brokerage ranked seventh with a EGP 948m turnover and a market share of 2.9%. Naeem Securities Brokerage came in eighth place with a turnover of EGP 902.5m and a market share of 2.8% of brokerages' transactions in the last month, followed by Mubasher International for Securities with a turnover of EGP 842.9 and a market share of 2.6%.Arqaam Securities Brokerage managed to join the list of the top ten companies through implementations worth EGP 801.7, accounting for a market share of 2.5%.
The EGX30 index rose during the month by 0.42%, closing at the level of 13,396 points. While in terms of medium indexes, they were also more inclined towards increasing, where the EGX70 index recorded an increase by 13.63%, closing at the level of 649 points, while the EGX100 index recorded an increase by 10.64% at the level of 1,509 points.
Total trading value last month reached EGP 19.8bn, while total amount of trading reached 4,738 million securities implemented on 344,000 processes, compared to a total trading value last month estimated at EGP 38.2bn and a total amount of 7,375 million securities implemented in 596,000 processes.
As for NILEX, it has recorded a total trading value of EGP 27m and a trading amount of 32.6 million securities implemented on 3,749 processes. Shares acquired 81.21% of total trading value, where the value of bonds trading represented 18.79%.
Egyptians' transactions accounted for 69.12% of total market transactions, non-Arab foreigners for 21.07%, and Arabs 9.82%, excluding transactions.
Non-Arab foreigners recorded a net purchase of EGP 707.20 this month, while Arab purchases recorded a net purchase of EGP 31.66m this month, excluding transactions.
It is worth mentioning that net transactions of foreigners recorded net purchases of EGP 6.914.63m since the beginning of the year. Arabs recorded net purchase of EPG 129.74m during the same period excluding transactions.
Institutions accounted for 54.20% of stock exchange transactions, while individuals' transactions were estimated at 45.80%.
Institutions recorded net purchases of EGP 70.96m this month excluding transactions.


Clic here to read the story from its source.