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 inBahrain, KSA, and UAE, proudly announces its continued dominance as the Number One Broker onthe Bahrain Bourse (BHB) for the 25th consecutive year, securing a market share of 47.16%.SICO executed a total of 12,510 transactions throughout 2023, involving 736.4 million shares, witha 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 andthe 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’slisted companies.Chief Capital Markets Officer, Fadhel Makhlooq, commented, “Our success for the past 25 yearsis a testament to the dedication of our exceptional team. Their unwavering commitment, coupledwith our continually expanding expert research capabilities, sets us apart as a trusted partner forboth institutional entities and individual investors. In a market marked by uncertainty, SICO's abilityto adapt and excel has positioned it as a beacon of reliability for investors. As we continue to evolveand innovate, our commitment to serving the diverse needs of our clients remains steadfast. SICOis not just a broker; we are a dependable ally in the financial journey of our clients, providing themwith 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 facilitiesfor equities. Additionally, SICO’s Global Markets desk provides clients with access to internationalstocks, bonds, and ETFs, spanning more than 17 countries including the US, UK, and Europe, andover 25 exchanges.
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