The Nigerian Stock Exchange released the list of top ten Brokers performance (by volume and value) for the week (03/07/2017 – 07/07/2017).
Top 10 Brokers by Volume
Rank | Broker | Description | Quantity | % of Volume |
1 | RSNL | RENCAP SECURITIES (NIG) LIMITED | 129,909,053 | 6.12 |
2 | CHDS | CHAPEL HILL DENHAM SECURITIES LTD – BRD | 127,993,064 | 6.03 |
3 | FFCL | FIDELITY FINANCE COMPANY LIMITED | 125,811,700 | 5.93 |
4 | FACN | FALCON SECURITIES LIMITED | 100,312,698 | 4.73 |
5 | UBAS | UNITED CAPITAL SECURITIES LIMITED | 98,789,249 | 4.66 |
6 | SISB | STANBIC IBTC STOCKBROKERS LIMITED | 86,377,916 | 4.07 |
7 | CSL | CSL STOCKBROKERS LIMITED | 80,670,469 | 3.80 |
8 | MCSE | MORGAN CAPITAL SECURITIES LIMITED | 78,310,986 | 3.69 |
9 | MERI | MERISTEM STOCKBROKERS LIMITED | 71,304,292 | 3.36 |
10 | READ | READINGS INVESTMENTS LIMITED – BDR | 60,522,707 | 2.85 |
Top 10 Total Volume | 960,002,134 | 45.25 |
NOTE: The top 10 Stockbrokers are responsible for 45.25% of the total volume between 03/07/2017 and 07/07/2017
Top 10 Brokers by Value
Rank | Broker | Description | Value | % Value |
1 | RSNL | RENCAP SECURITIES (NIG) LIMITED | 4,742,577,645.97 | 19.29 |
2 | CHDS | CHAPEL HILL DENHAM SECURITIES LTD – BRD | 2,809,219,846.69 | 11.42 |
3 | FACN | FALCON SECURITIES LIMITED | 1,909,036,521.81 | 7.76 |
4 | SISB | STANBIC IBTC STOCKBROKERS LIMITED | 1,900,404,755.28 | 7.73 |
5 | WSTC | WSTC SECURITIES LIMITED | 1,461,307,944.08 | 5.94 |
6 | EFCP | EFCP LIMITED | 1,435,178,822.54 | 5.84 |
7 | CSL | CSL STOCKBROKERS LIMITED | 783,371,816.77 | 3.19 |
8 | ARMS | A.R.M SECURITIES LIMITED – BRD | 708,988,731.55 | 2.88 |
9 | SGMA | SIGMA SECURITIES LIMITED | 523,890,268.18 | 2.13 |
10 | MFIC | MARIMPEX FINANCE & INV. CO LTD | 510,809,039.08 | 2.08 |
Top 10 Total Value | 16,784,785,391.95 | 68.26 |
NOTE: The top 10 Stockbrokers are responsible for 68.26% of the total value between 03/07/2017 and 07/07/2017