SICO retains number one broker status on Bahrain Bourse

 

 

 

 

Manama, Bahrain – 8   February 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