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Securities brokerages fell 40% in May

According to a report released by Jih-Sun Securities, securities transactions handled by listed securities brokerages fell by an average of 40% each in May from the previous month .

Affected by the decreased trade volume, Yuanta's market share fell to 5.64% in May from the previous 5.9%. Yuanta Securities maintained its place as the largest brokerage house on the island, with aggregate transaction volume of NT$326.2 billion (US$10.6 billion) in May. However, the figure represents a sharp decline of 42% from the NT$567.5 billion recorded in April.

Yuanta Securities posted combined transaction volume of NT$2.50 trillion for the first five months of the year, accounting for the largest market share of 5.82%. Jih-Sun Securities followed with a market share of 4.09%, Core Pacific (3.46%), Capital Securities (3.43%), Polaris (3.29%), President Securities (3.28%), MasterLink Securities (3.27%), National Securities (2.82%), Fubon Securities (2.79%) and China Securities (2.66%).

 

Friday, June 2, 2000
Source:
Taiwan Headlines

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