SICO retains number one broker status on Bahrain Bourse
08/02/2016
Securities & Investment Company (SICO), licensed by the Central
Bank of Bahrain as a conventional wholesale bank, announced today that
it had retained its status as the leading broker on the Bahrain Bourse
(BHB) for the 17th consecutive year.
During 2015, SICO handled 4,651 transactions on the BHB involving
269.7 million shares with a total value of BD 71.2 million, constituting
a leading market share of 32.4 per cent. Through its focus on serving
active institutional investors with large trading books, SICO continued
to be the preferred broker for large trades, and executed most of the
major deals on the Bourse during the year. This included managing the
purchase of 25.6 million ordinary shares of Takaful International
Company in two tranches, equivalent to 41 per cent of the company’s
outstanding shares.
The full press release in English & Arabic can be downloaded here