SICO Maintains First Place Ranking on the Bahrain Bourse for 25 Years

SICO, a leading GCC asset manager, investment bank, and brokerage with direct presence in Bahrain, KSA, and UAE, proudly announces its continued dominance as the Number One Broker on the Bahrain Bourse (BHB) for the 25 th consecutive year, securing a market share of 47.16%. SICO executed a total of 12,510 transactions throughout 2023, involving 736.4 million shares, with a total value reaching BHD 191.9 million, while capturing the bulk of block trades during the year. SICO remains the broker of choice for institutional and individual clients in the Bahraini market and the region, offering clients value-added services, including its online trading platform, SICO LIVE, and a research portal that provides regional insights and analyses for the majority of the region’s listed companies. Chief Capital Markets Officer, Fadhel Makhlooq, commented, “Our success for the past 25 years is a testament to the dedication of our exceptional team. Their unwavering commitment, coupled with our continually expanding expert research capabilities, sets us apart as a trusted partner for both institutional entities and individual investors. In a market marked by uncertainty, SICO's ability to adapt and excel has positioned it as a beacon of reliability for investors. As we continue to evolve and innovate, our commitment to serving the diverse needs of our clients remains steadfast. SICO is not just a broker; we are a dependable ally in the financial journey of our clients, providing them with the insight, support, and trust they deserve in navigating the complexities of the capital markets.” SICO’s Brokerage division provides clients with a comprehensive product offering out of Bahrain, Saudi Arabia, and the UAE, that includes direct securities, including equities, bonds, and sukuks; single-product brokerage across the GCC and wider MENA region; as well as margin trading facilities for equities. Additionally, SICO’s Global Markets desk provides clients with access to international stocks, bonds, and ETFs, spanning more than 17 countries including the US, UK, and Europe, and over 25 exchanges.

For the full release in English & Arabic, click here