Laiki moves into top in broker share

Laiki Securities moved into the top position in terms of market share during August with a 23.73% market share, outpacing CLR Securities who moved into second place for the first time in a year and more.

CLR had 18.3% market share in August, followed in third place by Egnatia with a 12% share and then CISCO with a 10.2% share. Sharelink, in fifth place had a 7.7% market share.

The top five firms controlled 72.12% of market share during August. Analysts said the reason why Laiki Securities moved to the top during August was because of possible active trades initiated by Apollo Investments and Cyprialife, whose trades are booked exclusively through Laiki.

CLR Securities & Financial Services however, maintained its top ranking in market share since the start of the year, remaining at the top with a combined 18.42% share during the period from January till August.

Laiki Securities was in second place in the first eight month ranking with a 12.15% share, followed by CISCO in third place with a 11.8% share. Sharelink and Egnatia followed next with 11.4% and 11.1% respective market shares.