By Richard ABANGWU InvestAdvocate

Lagos (INVESTADVOCATE)-The Top 10 Brokers on the Nigerian Bourse has ended the week with deals 21 percent (21%) less in value when compared to the previous week.

The Top 10 Brokers by value ended the week with deals worth N21,000,078,879.53 compared to N26,471,001,324.85 recorded the previous week; indicating a decline of 21% in the review period.

This week end, the Top 10 Stockbrokers accounted for 63.11% of the total value traded between 18/March/2013 and 22/March/2013 compared to 61.01% of the total value traded last week.

A review of the performance of the Top 10 Brokers in value shows that RENCAP Securities Nigeria Limited led the pack with N 5,670,631,035.02; Stanbic IBTC Stockbrokers Limited transacted Deals worth N3,447,486,896.11 to close the week.

Also, CSL Stockbrokers Limited transacted deals worth N2, 448,462,620.05 Marina Securities Stockbroking Limited N2,066,052,465.52 and BGL Securities Limited N1,859,647,165.83.

Others are Chapelhill Denham Securities Limited, Partnership Investment Company Limited and Cordros Capital Limited transacted deals worth in value of N1,612,138,457.34, N1,086,489,608.97 and N1,078,753,296.61 respectively.

While FBN Securities Limited and African Alliance Stockbrokers Limited did deals worth in value of N1,056,059,098.57 and N674,358,235.51 respectively.

These amounted to deals worth in value of N 21,000,078,879.53 for the week ended March 22 2013.

For the Top 10 Brokers by volume for the review period, RENCAP Securities led the table in trading volumes of 363,079,757, while Marina Securities and CSL Stockbrokers transacted deals worth in volume of 198,646,674 and 198,629,602 respectively.

Others are Stanbic IBTC, BGL Securities and Partnership Investment doing deals worth in volume of 193,491,841, 140,360,824 and 90,777,610 respectively.

While, APT Securities transacted deals worth in volume of 86,950,945, Chapelhill Denham 76,789,626, FBN Securities 72,193,946 and Standard Alliance Capital transacted deals worth in volume of 65,256,423 to close the week.

This put together amounts to a volume of 1,486,177,248 which accounted for 47.61% of the total Volume traded in the review period compared to 2,937,279,449 total volumes of deals traded the previous week.

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By Richard ABANGWU InvestAdvocate

Lagos (INVESTADVOCATE)-The Top 10 Brokers on the Nigerian Bourse has ended the week with deals 23 percent (23%) less in value when compared to the previous week.

Last week, the Top 10 Brokers by value ended the week with deals worth N34, 669,699,202.62 compared to N26,960,403,373.78 recorded this week; indicating a decline of 23% in the review period.

This week end, the Top 10 Stockbrokers accounted for 64.22% of the total value traded compared to 70.35% recorded last week.

A review of the performance of the Top 10 Brokers in value shows that Stanbic IBTC Stockbrokers Limited still leads the pack with N 7,537,692,347.56,  Rencap Securities Nigeria Limited  transacted Deals worth N5,674,546,074.08 to close the week.

Also, CSL Stockbrokers Limited transacted deals worth N2, 775,452,932.14, Zenith Securities Limited N 2,281,451,863.89 and Cordros Capital Limited N 2,262,242,546.63.

Others are Chapelhill Denham Securities Limited, Meristem Securities Limited and Primera Africa Securities Limited transacted deals worth in value of N 1,539,073,318.64, N 1,346,481,683.70 and N 1,276,163,970.90 respectively.

While ARM Securities Limited and FBN Securities Limited did deals worth in value of N1,164,072,423.56 and N1,103,226,212.68 respectively; amounting to deals worth in value of N 26,960,403,373.78.

For the Top 10 Brokers by volume for the week ended Friday March 08 2013, Stanbic IBTC led the table trading volumes of 351,613,818, Meristem 290,631,262 and RENCAP 275,728,423.

Others are CSL Stockbrokers, APT Securities and Cordros Capital doing deals worth in volume of 143,423,816, 132,405,038 and 125,218,162 respectively.

While, Zenith Securities transacted deals worth in volume of 119,922,449, Primera Africa 118,915,344, ARM Securities 108,218,038 and Chapelhill transacted deals worth in volume of 96,652,486 to close the week.

This put together amounts to a volume of 1,762,728,836 which accounted  for 45.72% of the total Volume transacted between March 03 and March 08 2013 to close the week; compared to 2,082,787,568 total volume of deals transacted last week.

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By Our Correspondent

Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) Friday reported that its Top 10 Brokers by value has ended the week with deals worth N34, 669,699,202.62.

According to the NSE, the top 10 Stockbrokers accounted for 70.35 percent (70.35%) of the total value traded from February 25 to March 01 2013.

Still Leading the pack is Stanbic IBTC Stockbrokers Limited and Rencap Securities Nigeria Limited that transacted Deals worth N10, 217,643,098.70 and N9, 553,180,449.24 in value respectively.

When compared to the previous week IBTC and Rencap transacted Deals worth N9, 811,320, 785.09 and N5, 922,381,054.72 in value; the two Firms increased in value by 20.73% and 19.39% respectively.

FBN Securities Limited and CSL Stockbrokers Limited did deals worth in value of N 4,222,473,898.52 and N 2,215,909,046.21 respectively.

On the other-hand, Chapelhill Denham Securities Limited and Cordros Capital Limited hit deals worth N2, 190,301,022.28 and N1, 667,256,805.67; while ARM Securities Limited and Securities Africa Financial Limited transacted deals worth N 1,324,361,781.05 and N1, 222,270,552.59 respectively.

On their part, Partnership Investment Company Limited and Meristem Securities Limited did deals worth in value of N 1,143,654,803.60 and N912, 647,744.76 respectively.

The above deals led to transaction in value of N34, 669,699,202.62 to close the week.

In the same vein, Stanbic IBTC led the table on the Top 10 Brokers by volume for the week ended Friday March 01 2013.

A review of transactions by volume of these Firms shows that total volume of deals transacted was 2,082,787,568 1,971,168,971; thereby accounting for 45.68% of the total Volume in the review period.

When compared to volume of deals of 1,971,168,971 transacted last week with 2,082,787,568 this week, the number of volume of deals transacted increased by 5.63%.

A breakdown of these shows that Stanbic IBTC transacted Deals worth in volume of 498,079,216, Arbitrage and Strategy Limited 241,258,443 and Rencap 238,154,568.

Others are FBN Securities with 223,101,149, Meristem 195,031,521 and BGL with 164,117,611.

While, Chapelhill transacted deals worth in volume of 137,039,974 and CSL 134,294,582, Partnership Investment 132,870,188 and Security SWAP Limited transacted deals worth in volume of 118,840,316 to close the week.

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