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Egyptian brokerage companies comprise 52.6% of trading in August
MAHMOUD ASKAR SAMAR SAMIR Published in Youm7 on 04 - 09 - 2011

CAIRO: 12 out of 140 Egyptian broker companies got 52.6 percent of total control of trading clearinghouses, over the counter drugs and the Nile stock market last month.
The Pioneer Company for securities obtained the highest percentage, at a record of 7.6 percent at the value of 1.1 billion EGP (U.S. $148.8 million). Hermes got 6.7 percent at the value of 1.04 billion EGP (U.S. $174.7 million). Al-Tawfiqyia Securities Brokerage Company obtained 6.2 percent at a record of 964.2 million EGP (U.S. $162 million), and Financial Group Securities brokerage got 6.1 percent at the value of 955.5 million EGP (U.S. $160.5 million).
International Trade brokerage Securities Company got the fifth level, reaching 4.8 percent at 750.4 million EGP (U.S. $126 million), while Beltone Securities ranked number six with 4.2 percent at 652.2 million EGP (U.S. $109.6 million). HC Securities and Investment Banking went up 4.1 percent at 644.2 million EGP (U.S. $108.2 million); and El Rowad Securities Brokerage Company got 4 percent at 626.2 million EGP (U.S. $44.1 million).
At ninth level, Pharaohs Securities got 2.7 percent at 425.4 million EGP (U.S. $71.4 million), while Online security brokerage ranked at tenth level at a record of 2.2 percent at 347.9 million EGP (U.S. $58.4 million).
Mediterranean Security Brokerage got 2 percent at 315.4 million EGP (U.S. $52.3 million) and Naeem Brokerage gained 2 percent at 313.1 million EGP (U.S. $52.6 million).

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