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 on the NSE as at August 2019 

Bamidele Samuel Adesoji by Bamidele Samuel Adesoji
September 2, 2019
in Business News, Markets, Stock Market
Governor Fayemi explores investment options with the capital market, Nigerian Stock Exchange, Top 10 stockbrokers trade N120.4 billion worth of stocks in November , Law Union & Rock Insurance Plc Announces Notice of Board Meeting and Closed Period, NSE Hosts First Virtual Automated Trading System (ATS) Broker Certification Training Programme, Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion, Nigerian bourse close flat, triggered by low market liquidity, Industrial index down by 5.7%, as shares of BUA, Lafarge, Dangote, others decline on NSE
Share on FacebookShare on TwitterShare on Linkedin

Despite the slow momentum maintained on the Nigerian Stock Exchange (NSE) into the third quarter of the year 2019, the top 10 stockbroking firms in terms of volume and value still have cause to smile. 

Basically, the Nigerian equity market, as measured by All-Share Index depreciated by 12.42% as at the end of August 2019. 

The top 10 stockbroking firms accounted for 63.79% (6.52 billion shares) of the total volume of stocks traded on the NSE in August 2019 and 74.33% (N92.29 billion) of the total value of traded shares. 

RelatedPosts

Top 10 stockbroking firms in Nigeria by value in the first half of 2022

Top performing stockbroking firms on NGX in February 2022

[READ MORE: John Holt leads this week’s gainers as NSE closes on negative note]

The top 10 stockbrokers by value 

  • Rencap Securities (NIG) limited tops the list. On the Exchange, the firm traded the largest volume of shares to the tune of N22.7 billion or 18.31% of the total value traded in August.
  • Stanbic IBTC Stockbrokers Limited pulled shares worth N20.6 billion or 16.90% of total traded shares.
  • EFG Hermes Nig. Limited traded N12.4 billion (10.05%) worth of shares.
  • Chapel Hill Denham Securities Limited N8.5 billion representing 6.85% of total share value traded.
  • CSL Stockbrokers Limited is next on the list with N6.4 billion or 5.35% of the total value traded.
  • FBN Quest Securities Limited traded shares worth N4.4 billion, representing 4.54% of total value traded.
  • Other firms that made the list include Cardinal Stone Securities Limited (4.88 billion), Tellimer Capital Limited (N4.03 billion), Meristem Stockbrokers Limited with N2.5 billion shares and Nigerian International Securities LTD (N3.21 billion) 
sound, C & I Leasing Plc, NSE launches factbook, Top 10 stockbroking firms
Nigerian Stock Exchange

[Read Also: LIST OF STOCKBROKERS IN NIGERIA]

News continues after this ad


The top 10 stockbrokers by volume 

  • TrustBanc Capital Management Limited tops the list with 1.10 billion shares traded in August 2019, thereby accounting for 10.79.3% of the total share volume traded.
  • Stanbic IBTC Stockbrokers Limited ranks 2nd and traded 1.07 billion shares or 10.50% of the total volume traded.
  • Apel Asset Limited –BRD takes the third place with an estimated share traded volume of 939 million or 9.17%.
  • Rencap Securities (NIG) limited takes the 4th place with 714.9 million shares traded, representing 6.99% to the total volume traded in the month.
  • EFG HERMES NIG. Limited traded 603.8 million shares during the month, representing 6.50% of the total volume traded on the NSE.
  • CSl Stockbrokers Limited is next on the list with N444.1 million or 4.34% of the total value traded.
  • Chapel Hill Denham Securities Limited traded 441.1 million shares, which accounted for 6.1% of the total volume traded.
  • Other firms that made the list include FBN Quest Security Limited (396.8 million shares), Nigerian Stockbrokers Limited (381.4 million) and Cardinal Stone Securities limited with 365.5 million traded volume of 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 August 31, 2019, it had 170 listed companies with the All-Share Index and Market Capitalization closing at 27,525.81 and N13.391 trillion respectively.  

[READ ALSO: Nigeria Weekly Update: Market interest rates back up]

News continues after this ad


 

Related

Tags: Apel Asset Limited –BRDChapel Hill Denham Securities LimitedCSL Stockbrokers LimitedEFG Hermes Nig. LimitedFBN Quest Securities LimitedNSERencap Securities (NIG) limitedStanbic IBTC Stockbrokers LimitedStockbroking firmsTrustBanc Capital Management Limited

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

    • The last speech delivered by HE Mohammad Sanusi Barkindo (RIP)
    • FCCPC to sanction DisCos for service failures, non-compliance with power sector rules
    • Kuje prison attack: I am disappointed with intelligence system – Buhari

    Follow us on social media:

    Recent News

    Profile of Mohammed Sanusi Barkindo, the late OPEC secretary general

    The last speech delivered by HE Mohammad Sanusi Barkindo (RIP)

    July 6, 2022
    Babatunde Irukera

    FCCPC to sanction DisCos for service failures, non-compliance with power sector rules

    July 6, 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