Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

Top 10 stockbroking firms in capital market

Bamidele Samuel Adesoji by Bamidele Samuel Adesoji
August 3, 2019
in Business News, Stock Market
Nigerian Stock Exchange, sound, C & I Leasing Plc, NSE launches factbook, Top 10 stockbroking firms, Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion , Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion

Nigerian Stock Exchange

Share on FacebookShare on TwitterShare on Linkedin

Despite the slow momentum witnessed on the Nigerian Stock Exchange (NSE) in the second quarter of this year, the top 10 stockbroking firms in terms of volume and value still have a cause to smile.

The top 10 stockbroking firms accounted for 51.06% (4.7 billion shares) of the total volume of stocks traded on the NSE in July and 67.84% (N78.02 billion) of the total value of traded shares.

Basically, the NSE traded 9.3 billion shares in the month which amounted to over N115 billion in value.

RelatedPosts

Nigerian Stocks: List of Dividends announced in 2022

Nigerian Stocks: List of Dividends announced in 2021

The top 10 stockbrokers by value

  • Rencap Securities (NIG) limited tops the list. It traded the largest amount of shares of N17.7 billion or 15.5% of the total value traded in July.
  • CSl Stockbrokers Limited is next on the list with N12.13 billion or 10.6% of the total value traded.
  • EFG Hermes Nig. Limited traded N10.3 billion ( 8.9%) worth of shares.
  • Stanbic IBTC Stockbrokers Limited pulled shares worth N9.1 billion or 7.9% of total traded shares.
  • Tellimer Capital Limited traded shares worth N6.8 billion, representing 5.9% of the total value traded for the month.
  • Other firms that made the list include Chapel Hill Denham Securities Limited (N5.3 billion), Nigerian International Securities LTD (N4.7 billion), FBN Quest Securities Limited (N4.4 billion), FSDH Securities Limited (N4.1 billion) and Meristem Stockbrokers Limited with N3.5 billion shares.

[READ MORE: 4 ways President Buhari can lift the capital market in his second term]

The top 10 stockbrokers by volume

  • CSL Stockbrokers Limited tops the list 73 million shares traded in July, thereby accounting for 8.3% to the total volume traded.
  • Rencap Securities (NIG) limited takes the second place with 604.6 million shares traded, representing 6.5% to the total volume traded in the month.
  • EFG HERMES NIG. Limited maintains third both by volume and value of traded shares. EFG traded 603.8 million shares in the month, representing 6.47% of the total volume traded on the NSE.
  • Chapel Hill Denham Securities Limited traded 566.9 million shares, which accounted for 6.1% of the total volume traded.
  • Stanbic IBTC Stockbrokers Limited ranks 5th and traded 457 million shares or 4.9% of the total volume traded in the month of July.
  • Other firms who made the list include Equity Capital Solutions Limited (436.8 million), Morgan Capital Securities Limited (415.8 million), Cardinal Stone Securities limited (323.8 million), Apel Asset Limited (309.4 million) and GTI Securities Limited with 275.9 million shares.

About the NSE: The Nigerian Stock Exchange (NSE) was established in 1960 as the Lagos Stock Exchange. In 1977, its name was changed from the Lagos Stock Exchange to the Nigerian Stock Exchange. As of July 31, 2019, it had 170 listed companies with a total market capitalization of over ₦13 trillion. All listings are included in the Nigerian Stock Exchange All Shares index.

[READ FURTHER: First Aluminium finally delists shares from NSE]

Related

Tags: 10 leading stockbrokersNigerian Stock Exchange (NSE)NSEStockbrokers in Nigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Buhari’s aide says Peter Obi lied about Nigeria stalling Siemens deal
    • Lagos partners with private sector to provide more affordable houses with various projects
    • Central African Republic starts crypto hub to boost financial inclusion

    Follow us on social media:

    Recent News

    Buhari to stop Nigeria’s blacklisting, writes Senate to pass money laundering, terrorism bills

    Buhari’s aide says Peter Obi lied about Nigeria stalling Siemens deal

    July 5, 2022
    Housing in Lagos State

    Lagos partners with private sector to provide more affordable houses with various projects

    July 5, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com