Ten brokerage firms acquire 84% of Tadawul’s turnover in November

Traded values of the ten brokerages hit $115.45bln in November

  
A Saudi man looks at the computer showing stock prices at ANB Bank in Riyadh, Saudi Arabia September 16, 2019.

A Saudi man looks at the computer showing stock prices at ANB Bank in Riyadh, Saudi Arabia September 16, 2019.

REUTERS/Ahmed Yosri

Riyadh –  Ten brokerage companies accounted for 83.7% of the total traded values of the Saudi Stock Exchange (Tadawul) in November 2020.

Traded values of the ten brokerages hit SAR 432.94 billion last month, as shown by official data.

Al Rajhi Capital topped the list with SAR 105.37 billion, representing 20.37% of the total value.

NCB Capital took the second spot, securing 14.46% of overall turnover at SAR 74.82 billion, followed by Derayah Financial, which acquired 10.38% with a value of SAR 53.71 billion.

Source: Mubasher

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