Home Business Matters NSE Releases List Of Top 10 Brokers In Volume and Value

NSE Releases List Of Top 10 Brokers In Volume and Value


The Nigerian Stock Exchange has today released a performance report on the weekly top 10 brokers by volume and top 10 top brokers value. According to the NSE, Apel Assets led with 673,703,084 shares which is 17.23% in volume, and Cardinalstone followed with shares of 323,334,711 and 8.27% in volume.

The Nigerian Stock Exchange
The Nigerian Stock Exchange

Stanbic Ibtc followed suit with a total of 280,719,364 shares and 7.18% in volume, while Hermes came fourth with a total shares of 236, 583,516 and 6.05% in volume. Rencap Securities have 190,048,295 shares which is 4.86% in volume.

APT has a total of 137, 597,746 shares and 3.52% in volume. CSL has a total of 136, 195,146 shares and 3.48% in volume. Meristem shares added up to 135,312,164 and 3.46%. Morgan has shares worth 116,161,856 and 2.97%.

Nigerian International Securities has 84,431,746 shares and 2.16% in value. The top 10 total volume shares added up to 2,314,087,628 which is 59.17% of the total shares for the year ended October 16, 2020.

The list of top 10 brokers by value has stanbic Ibtc leading with shares worth #7,502,209,080.02 which is 12.91% in value. Area Securities has shares worth #6,041,571,768.72 with 10.40% in value. Rencap has #5,276,883,548.62 shares and 9.08% in value. Hermes have #3,980,866,551.82 shares which is 6.85% in value.

Cardinal Stone have #2,821,593,856.98 at 4.86% in value. Cordros Securities have #2,619,284,858.10 which 4.51% in value. RMB has #2,067,094175 shares at 3.56% in value. CSL has #2,030,028,662.58 and 3.49% in value.

ARM has #1,949,213,081.93 shares and 3.35% while Nigerian International Securities has #1,899,459,734.99 in shares at 3.27% in value. The top 10 brokers in value constitute 62.28% of the total value.


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