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Mubasher among top brokerage firms in April with EGP 2.4bn transactions

Mubasher among top brokerage firms in April with EGP 2.4bn transactions
Mubasher came in the sixth position with a market share of 3.7%

Cairo – Mubasher: Mubasher International Trade for Securities (MubasherTrade) came among the top 10 brokerage firms in terms of the trading value on the Egyptian Exchange (EGX) during April.

Mubasher came in the sixth position with a trading value of EGP 2.36 billion, acquiring a market share of 3.7%, through the exchange of 1.26 billion shares.

The Financial Brokerage Group topped the list with a market share of 34.1% valued at EGP 21.8 billion through the exchange of 340.9 million shares.

The Commercial International Brokerage Company landed the second position with a trading value of EGP 6.2 billion or 9.7% of total turnover, followed by Hermes Securities Brokerage with EGP 3.8 billion.

Beltone Securities Brokerage ranked fourth with EGP 2.47 billion, followed by Pharos Securities Brokerage with EGP 2.4 billion.

Pioneers Securities, Arabeya Online Securities, and Egyptian Kuwaiti Securities Brokerage made up EGP 1.74 billion, EGP 1.6 billion, and EGP 1.46 billion, respectively.

Arqaam Securities Brokerage landed the 10th spot with a trading value of EGP 1.11 billion.