The Group Securities and QNB Financial Services together accounted for almost three-fourth of the trade turnover of the brokerages during 2021 despite shrinkage in volumes through them, according to the Qatar Stock Exchange (QSE) data.
The Group Securities’ share stood at 42.56% during 2021 compared to 39.71% the previous year. Its trading turnover rose 15.35% year-on-year to QR106.12bn during 2021. The transactions through it expanded 7.23% to 2.43mn, even as volumes were down 9.26% to 61.82mn at the end of December 31, 2021.
QNB subsidiary QNBFS' trade turnover amounted to QR78.77bn, which constituted 31.59% of the total traded value during 2021 against 28.14% the previous year. The turnover expanded 20.83% year-on-year amidst a 6.12% fall in volumes to 11.04mn even as transactions through it shot up 44.32% to 1.24mn during January-December 2021.
CBQIS, the stock broking arm of Commercial Bank, accounted for 8.23% of trade turnover compared to 8.25% during 2020. The brokerage house's trade turnover saw a 7.49% yearly jump to QR20.53bn as volumes grew 10.97% to 5.36mn equities and deals by 4.12% to 552,020 during 2021.
CBQIS early this year launched its margin trading product, becoming the first bank brokerage subsidiary in Qatar to launch such a product.
The Qatar Financial Market Authority has approved the Group Securities and CBQIS as liquidity providers, while saying other licences are on the pipeline. In May 2013, the financial market regulator had approved the liquidity provision scheme that can be carried out by the financial services firms.
Qatar Securities accounted for 6.8% of trade turnover during January-December 2021 compared to 7.36% the previous year. The broker’s trading turnover nevertheless fell 0.53% year-on-year to QR16.96bn as volumes and transactions through it shrank 35.55% and 8.76% to QR4.26mn and 301,283 respectively at the end of 2021.
Dlala Brokerage, a stock broking business arm of Dlala Holding, accounted for 5.56% of trade turnover (QR13.87bn), which plummeted 31% year-on-year in January-December 2021. The brokerage’s share was 8.68% the previous year. The deals through it shrank 22.65% on a yearly basis to 224,014 and volumes by 32.63% to 6.69mn stocks as on December 31, 2021.
The Gulf Investments Group's share stood at 0.93% of trading turnover (QR2.31bn), which plunged 56.58% year-on-year in January-December 2021. There were a total of 35,224 transactions through it during the review period, representing a 60.06% yearly decline on 54.74% shrinkage in volumes to 1.24mn shares.
Wasata Financial Securities' share was 2.92% of trading turnover during 2021 compared to 3.04% during 2020. Its trade turnover rose 3.55% year-on-year to QR7.29bn despite a 37.93% contraction in volumes to 3.06mn equities even as transactions through it rose 3.79% 116,565 during 2021.
Al-Ahli Brokerage, a subsidiary of Ahlibank Qatar, saw its trade turnover more than double year-on-year to QR3.48bn, accounting for a market share of 1.4% in January-December 2021 compared to 2.53% a year ago. The volumes handled by the banking subsidiary eroded 34.72% to 0.94mn equities and deals through it shrank 37.86% to 64,188 during the review period.
The Group Securities’ share stood at 42.56% during 2021 compared to 39.71% the previous year. Its trading turnover rose 15.35% year-on-year to QR106.12bn during 2021. The transactions through it expanded 7.23% to 2.43mn, even as volumes were down 9.26% to 61.82mn at the end of December 31, 2021.
QNB subsidiary QNBFS' trade turnover amounted to QR78.77bn, which constituted 31.59% of the total traded value during 2021 against 28.14% the previous year. The turnover expanded 20.83% year-on-year amidst a 6.12% fall in volumes to 11.04mn even as transactions through it shot up 44.32% to 1.24mn during January-December 2021.
CBQIS, the stock broking arm of Commercial Bank, accounted for 8.23% of trade turnover compared to 8.25% during 2020. The brokerage house's trade turnover saw a 7.49% yearly jump to QR20.53bn as volumes grew 10.97% to 5.36mn equities and deals by 4.12% to 552,020 during 2021.
CBQIS early this year launched its margin trading product, becoming the first bank brokerage subsidiary in Qatar to launch such a product.
The Qatar Financial Market Authority has approved the Group Securities and CBQIS as liquidity providers, while saying other licences are on the pipeline. In May 2013, the financial market regulator had approved the liquidity provision scheme that can be carried out by the financial services firms.
Qatar Securities accounted for 6.8% of trade turnover during January-December 2021 compared to 7.36% the previous year. The broker’s trading turnover nevertheless fell 0.53% year-on-year to QR16.96bn as volumes and transactions through it shrank 35.55% and 8.76% to QR4.26mn and 301,283 respectively at the end of 2021.
Dlala Brokerage, a stock broking business arm of Dlala Holding, accounted for 5.56% of trade turnover (QR13.87bn), which plummeted 31% year-on-year in January-December 2021. The brokerage’s share was 8.68% the previous year. The deals through it shrank 22.65% on a yearly basis to 224,014 and volumes by 32.63% to 6.69mn stocks as on December 31, 2021.
The Gulf Investments Group's share stood at 0.93% of trading turnover (QR2.31bn), which plunged 56.58% year-on-year in January-December 2021. There were a total of 35,224 transactions through it during the review period, representing a 60.06% yearly decline on 54.74% shrinkage in volumes to 1.24mn shares.
Wasata Financial Securities' share was 2.92% of trading turnover during 2021 compared to 3.04% during 2020. Its trade turnover rose 3.55% year-on-year to QR7.29bn despite a 37.93% contraction in volumes to 3.06mn equities even as transactions through it rose 3.79% 116,565 during 2021.
Al-Ahli Brokerage, a subsidiary of Ahlibank Qatar, saw its trade turnover more than double year-on-year to QR3.48bn, accounting for a market share of 1.4% in January-December 2021 compared to 2.53% a year ago. The volumes handled by the banking subsidiary eroded 34.72% to 0.94mn equities and deals through it shrank 37.86% to 64,188 during the review period.