CBFS, Wasata more than double share trade turnover in January-August 2022 ...Qatar

The brokerage subsidiary of Commercial Bank as well as Wasata Financial Services witnessed more than doubling of its share trade turnover year-on-year during the first eight months of this year, according to Qatar Stock Exchange data. The Group Securities, QNB Financial Services and Commercial Bank Financial Services (CBFS) together accounted for more than 83% of the share trade turnover of the brokerages in the QSE during the review period. The Group Securities’ share stood at 38.15% in January-August 2022 compared to 46.12% in the previous-year period. Its trading turnover surged 32.8% year-on-year to QR94.87bn. The transactions through it expanded 27.44% to 2.09mn even as volumes shrank

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