The data on the Dubai Financial Market website revealed that the largest 10 brokerage companies in time accounted for 75.3%, equivalent to 18 billion dirhams of the traded value, while the share of 28 brokerage companies reaches only 24.7%, as the market witnessed Total buying and selling transactions amounted to 23.97 billion dirhams.
EFG Hermes came in the lead in brokerage firms in terms of the traded value of shares in the Dubai Financial Market during the first quarter by about 3.8 billion dirhams, with a share of 15.89% of the total value traded, followed by Securities figures about 3.1 billion dirhams, with a share of 13.02%, Then Mubasher Financial Services 2.01 billion dirhams, with a share of 8.43%.
Brokers added 2304 new accounts to investors in the Dubai Financial Market during the first quarter of this year, compared to 4897 accounts during the corresponding period of 2018.
The data on the Dubai Financial Market website indicated that brokerage firms attracted 687 accounts in March, 737 accounts in February, and 880 accounts in January, topping the brokerage house for securities brokerage firms in terms of the number of new accounts in The first quarter has about 663 accounts, then Abu Dhabi Islamic Securities, with 232 accounts, then Hermes Financial Group 180 accounts, and Emirates NBD 139 accounts.
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