By Satish Kanady
DOHA: The Group Securities continued to be the topper in Qatar’s brokerage business by grabbing 34.17 percent of the total shares traded on Qatar Exchange (QE) during the second quarter of 2016 (Q2, 16), on cumulative basis. Through a total of 525,305 transactions, the combined value of total value of shares traded by the brokerage company hit QR25bn in June, 2016.
QNB Financial Services, the brokerage arm of QNB Group, continued to consolidate its second position after garnering 12.70 percent share of the total traded value in Q2, 16, down from 12.86 percent posted in the previous quarter. Total value of shares traded by QNBFS in the second quarter stood at QR9.3bn.
According to QE’s trading activity data for the month of June 2016, the Group Securities accounts for 42.18 percent of the total transactions on the bourse, with a share of 25.70 percent of the total traded value during the month. The Group’s total number of transactions is down to 41,073 in June 2016, from 117,760 transactions recorded in March 2016. Total traded value in June declined to QR1.6bn from QR6.2bn recorded in March.
CBQ Investment Services acquired 9.15 percent of trading value (QR6.71bn) in the second quarter on cumulative basis, compared to 8.38 percent (QR3.47bn) of the total traded value in March 2016. The brokerage firm’s share during June accounted for15.01 percent of the total traded value compared to 8.18 percent in March. Islamic Securities’ share accounted for 4.93 percent (QR3.62bn) in June from the beginning for the year against 4.14 percent (QR1.71bn) in March. Dlala Brokerage’s market share stood at 8.71 percent (QR6.39bn) in June against 8.40 percent (QR3.47bn) in March.
International Securities grabbed 6.36 percent share (QR4.66bn) of the trading value in the second quarter against 6.24 percent (QR2.58bn) during the first quarter. Qatar Securities’ share stood at 8.23 percent (QR6bn) in Q2, 16. The brokerage firm’s March 2016 share of the total traded shares accounted for 8.84 percent with a value of QR3.6bn.
The Gulf Investment Group’s share in the brokerage market was 7.91 percent (QR5.80bn) in Q2, 16, compared to 8.35 percent (QR3.45bn) in Q1, 16. Al Ahli Brokerage firm clutched 3.98 percent (QR2.09bn) of the total traded shares, against 4.25 percent (QR1.7bnbn) recorded during the previous quarter on cumulative basis. The market share of Al Rayan Financial Brokerage slipped to 0.30 percent (QR221m) from 0.34 percent (QR141m).
The Peninsula
By Satish Kanady
DOHA: The Group Securities continued to be the topper in Qatar’s brokerage business by grabbing 34.17 percent of the total shares traded on Qatar Exchange (QE) during the second quarter of 2016 (Q2, 16), on cumulative basis. Through a total of 525,305 transactions, the combined value of total value of shares traded by the brokerage company hit QR25bn in June, 2016.
QNB Financial Services, the brokerage arm of QNB Group, continued to consolidate its second position after garnering 12.70 percent share of the total traded value in Q2, 16, down from 12.86 percent posted in the previous quarter. Total value of shares traded by QNBFS in the second quarter stood at QR9.3bn.
According to QE’s trading activity data for the month of June 2016, the Group Securities accounts for 42.18 percent of the total transactions on the bourse, with a share of 25.70 percent of the total traded value during the month. The Group’s total number of transactions is down to 41,073 in June 2016, from 117,760 transactions recorded in March 2016. Total traded value in June declined to QR1.6bn from QR6.2bn recorded in March.
CBQ Investment Services acquired 9.15 percent of trading value (QR6.71bn) in the second quarter on cumulative basis, compared to 8.38 percent (QR3.47bn) of the total traded value in March 2016. The brokerage firm’s share during June accounted for15.01 percent of the total traded value compared to 8.18 percent in March. Islamic Securities’ share accounted for 4.93 percent (QR3.62bn) in June from the beginning for the year against 4.14 percent (QR1.71bn) in March. Dlala Brokerage’s market share stood at 8.71 percent (QR6.39bn) in June against 8.40 percent (QR3.47bn) in March.
International Securities grabbed 6.36 percent share (QR4.66bn) of the trading value in the second quarter against 6.24 percent (QR2.58bn) during the first quarter. Qatar Securities’ share stood at 8.23 percent (QR6bn) in Q2, 16. The brokerage firm’s March 2016 share of the total traded shares accounted for 8.84 percent with a value of QR3.6bn.
The Gulf Investment Group’s share in the brokerage market was 7.91 percent (QR5.80bn) in Q2, 16, compared to 8.35 percent (QR3.45bn) in Q1, 16. Al Ahli Brokerage firm clutched 3.98 percent (QR2.09bn) of the total traded shares, against 4.25 percent (QR1.7bnbn) recorded during the previous quarter on cumulative basis. The market share of Al Rayan Financial Brokerage slipped to 0.30 percent (QR221m) from 0.34 percent (QR141m).
The Peninsula
