DOHA: The QNB Financial Services (QNBFS) emerged as the topper in Qatar’s brokerage business in September 2015, by grabbing 25.66 percent of the total value of shares traded on Qatar Exchange (QE) during the month. Through a total of 20,500 transactions, the combined value of total shares traded by QNBFS reached QR3.19bn in September.
With a share of 21.18 percent of the total value or QR2.6bn, The Group Securities stood second in terms of total value of traded shares during the month.
However, on cumulative basis, The Group Securities continued to consolidate its position as topper by grabbing 29.52 percent of the total value of shares traded on the bourse in September. Through a total of 848,641 transactions, the combined value of total shares traded by the brokerage company hit QR46bn.
QNBFS, the brokerage arm of QNB Group, garnered 17.92 percent share of the total traded value in September cumulative from the beginning of the year, marginally up from 17.24 percent posted in the previous month. Total value of shares traded by QNBFS on cumulative basis stood at QR27bn.
According to QE’s trading activity data for the month of September, the Group Securities accounts for 37.30 percent of the total transactions on the bourse, the largest among the 11 authorised brokerage companies. However, the Group’s total number of transactions is down to 58,646 in September, from 84,343 recorded in August 2015. In terms of trading value, Dlala Brokerage ranked third by snatching 13.06 percent (QR1.6bn) in September, compared to 6.85 percent (QR924m) in August.
CBQ Investment Services share was 9.60 percent (QR1.1bn) against 12.46 percent (1.6bn) in August.
Total number of transactions made by CBQ IS in September dropped to 14,556 from the previous month’s 17,972.
Qatar Securities’ trading value share was 9.29 percent (QR1.1bn) against 9 percent (QR1.2bn) in August.
The Gulf Investment Group grabbed 6.48 percent share (QR806m) of the trading value in September against 8.35 percent (QR1.1bn) in August. Islamic Securities’ share stood at 3.71 percent (QR462m) The brokerage firm’s August 2015 share of the total traded value accounted for QR1.1bn
International Securities’ share in the brokerage market was 4.12 percent (QR513m), down from August’s 5.84 percent (QR788m).Dlala-Islamic Brokerage clutched 2.08 percent (QR259m) of the total traded value, against the previous month’s 2.04 percent (QR274m).
The market share of Al Ahli Brokerage dropped to 4.35 percent(QR541m) in September, from August’s 5.80 percent (QR782m).
Al Rayan Financial Brokers’ market share stood at 0.46 percent (QR57m) compared to 0.71 percent (QR96m) in August.
