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Morgan Capital Securities Leads Top 10 Brokers By Volume On NGX

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Morgan Capital Securities Limited led the top ten brokers by volume according to the Nigerian Exchange Group‘s weekly broker performance report.

The report covering between 12/07/2021 and 16/07/2021, shows that Morgan Capital Securities Limited traded 223,938,070 units accounting for 11.10% of the total volume of shares traded in the week to lead others.

Following at second position is WSTC Securities Limited, with trading quantity of 159,167,207, accounting for 7.89% volume.

Other top ten brokers by volume include Meristem Stockbrokers Limited, Stanbic IBTC Stockbrokers Limited, Fortress Capital Limited -BRD, Cardinal Stone Securities Limited, Compass Investment & Securities Limited-BRD, CSL Stockbrokers Limited, Apt Securities and Funds -BRD and Bancorp Securities Limited.

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The top 10 Stockbrokers are responsible for 44.72% of the total volume between 12/07/2021 and 16/07/2021.

Top 10 brokers by value

WSTC Securities Limited led this chart with trades valued at 4,427,356,669.78 during the week,  representing 20.21% of the total value of shares traded during this period. They were followed by Stanbic IBTC Stockbrokers Limited with trades valued at 1,826,190,671.36 during the week, representing 8.34% of the total value of shares traded during this period.

Others who made the top ten brokers by value list include Meristem Stockbrokers Limited, Lighthouse Capital Limited, Cardinal Stone Securities Limited, CSL Stockbrokers Limited, Rencap Securities (Nig) Limited, Compass Investment & Securities Limited-BRD, Fortress Capital Limited -BRD and Cordros Securities Limited -BRD.

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The top 10 Stockbrokers are responsible for 63.57% of the total value between 12/07/2021 and 16/07/2021.

 

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