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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