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(HERMES IFA) TOPS THE LIST OF BROKERAGE FIRMS LAST NOVEMBER WITH EARNINGS OF 243 THOUSAND DINARS

13 December 2009

«Hermes IFA» Brokerage led the brokerage firms on the Kuwait Stock Exchange during the month of November last year with earnings of $ 243 thousand dinars, compared with 270 thousand dinars in October.

The ( Al-Waseet) company was in second place retains its place during the previous month, while (KFIC) moved from sixth place during the month of October to the third.

(Al-Itehad) company occupied the fourth place, the same ranking to the previous month as well as «Al-Sharq» which came in fifth place while (Al-Watani) dropped from the third place to the sixth.

In the seventh came the (KIC), the eight was taken by (Al-Sharq Al-Awsat), in the ninth place was (Al-Seef), (Al-Muthanna) came tenth while (Al-Oula, Al-Wataneya, Al-Arabi and Al-Rubaeya) were last.

This has been a fall in total commissions of the brokerage firms on the Kuwait Stock Exchange during the month of November by 20% to 1.4 million dinars, compared with 1.9 million in the month of October due to decline in value of transactions and a record of losses incurred in the market throughout the month.