Apt Securities, Meristem, and Stanbic IBTC Stockbrokers led the list of stockbroking firms in terms of the value of transactions in the month of January 2022, jointly accounting for 64.9% of the total value traded in the stock market in the review month.
This is according to the broker performance report , released by the Nigerian Exchange Group (NGX).
The top 10 performing brokers traded in share worth N268.86 billion in January 2022, representing a 149.6% and 138.3% increase compared to N107.73 billion and N112.84 billion recorded in December and January 2021 respectively.
In terms of volume of shares, the top 10 firms brokered the sales of 8.89 billion shares in the month under review, 37.8% lower than the 14.3 billion that was recorded in the corresponding period of 2020. However, it is 10.4% higher than the 8.1 billion shares brokered in the previous month. Top stockbrokers by value
The top 10 performing stockbroking firms in January 2022 traded a total of N268.9 billion worth of shares, accounting for 83.01% of the total value of shares traded in the review month. APT Securities and Funds – BRD topped the list, having traded in stocks worth N134.91 billion which represents 41.65% of the entire value of shares traded on the floor of the exchange January.
Meristem Stockbrokers Limited followed with a total value of N55.95 billion traded stocks, accounting for 17.27% of the total shares traded at the exchange.
Stanbic IBTC Stockbrokers Limited traded stocks worth N19.45 billion. This represent 6.01% of the entire shares traded at the exchange.
Cardinalstone Securities Limited was fourth on the list, having traded in stocks worth N15.84 billion, accounting for 4.89% of the total shares traded on the floor of the exchange.
EFG Hermes Nigeria Limited traded in stocks worth N10.86 billion representing 3.35% of the entire value of shares traded at the exchange.
Others on the list include Vetiva Capital Management Limited with N9.19 billion, Rencap Securities Nigeria Limited (N8.8 billion), CSL Stockbrokers (N5.49 billion), Chapel Hill Denham Securities (N4.67 billion), and Morgan Capital Securities with N3.67 billion.
Top stockbrokers by volume The top performing stockbrokers by volume, traded in 8.89 billion units of shares in the month of January, representing 60.32% of the total shares traded in the stock market in the review period. APT Securities and Funds – BRD tops the list with 3.98 billion unit of shares, which represents 22.38% of […]
