Riyadh – Mubasher: Three Saudi brokerage companies accounted for more than 44% of traded values in the Saudi Stock Exchange (Tadawul) during September 2020.
Al Rajhi Capital recorded the highest traded values kingdom-wide last month at SAR 107.73 billion, representing 20.1% of total values, official data showed on Monday.
NCB Capital took the second spot with SAR 78.48 billion worth of traded values, representing 14.67% of overall values, followed by Aljazira Capital with SAR 51.31 billion, accounting for 9.59% of total values.
Overall traded values of the aforementioned three firms amounted to SAR 237.51 billion.
Moreover, brokerage companies listed on Tadawul’s main market saw monthly growth of 77.8% or SAR 234.09 billion in traded values in September.
Brokerages had traded values of SAR 534.91 billion last month, compared with SAR 300.81 billion a month earlier.
Total traded values on the parallel market reached SAR 1.91 billion in September, up by 187.6% monthly.
Al Rajhi Capital achieved the highest traded value on the Nomu-Parallel Market Capped Index (NomuC) in September at SAR 499.97 million, representing 26.12% of the overall value.
