bigass:
This is market is dead. No more activities. Stocks market back to 1995

Todays market is somehow........Low volume transactions most of the time but I just hope Buhari is not a real badluck to stock trading............

...And the anticipated ministerial lists is shown...

These are the big houses on the Nigeria Stock Exchange


http://www.thisdaylive.com/articles/nse-top-10-stockbrokers-handled-n104-115bn-transactions-in-august/220668/



The Nigerian Stock Exchange has disclosed that the activities of top 10 stock broking firms were responsible for 71.32 per cent of the total value of transactions recorded on the exchange for the month of August. The total value put at N104, 115,644,703.78 represented the transactions between August 3 and August 31.

The figure, which was contained in the Exchange’s Brokers Report for the month of August, showed that Rencap Securities Limited came first with transactions worth N18, 405billion, representing a 12.61per cent of the total transactions for the period under review.

Stanbic IBTC Stockbrokers Limited that recorded transactions worth N17, 620,743,733.71 was adjudged the second top performers, with the value of its activities representing a 12.07 per cent of the total value of the transactions for the period.

Stanbic IBTC Stockbrokers was followed closely by EFCP Limited which recorded transactions worth N16, 688,024,722.94, representing 11.43 per cent of the total value of transactions in August.

The NSE report showed that CSL Stockbrokers Limited, FBN Securities and African Alliance Stockbrokers Limited followed in that order with transactions put at N12,946,737,875.76, N10,334,150,260.62 and N7,718,362,518.66 respectively.

However, in terms of the volume of shares sold, Apel Asset Limited came top with 5,139,974,825 shares sold, representing a 24.24 per cent of the total volume of shares sold during the period. Apel Asset Limited is followed in distant second by Rencap Securities in terms of the volume of shares as it handled 2,824,327,365 deals, a 13.32 per cent of the total transactions for the period. However, Stanbic IBTC Stockbrokers Limited pulled 1,205,127,634 transactions to emerge third in that category for the month of August.

Meanwhile, Monthly FPI transactions at the nation’s bourse decreased to N81.13 billion (about $0.41 billion) in August 2015 from N107.47 billion (about $0.55 billion) at the end of July 2015; representing a decrease of 24.51 percent.

Meanwhile, data obtained from the Nigerian Stock Exchange showed that 10 stock-broking firms accounted for N1.791 trillion worth of equities traded on the Nigerian stock market in 2014.

The trading statistics by stockbroking houses between January 2 and December 31, 2014 showed that 10 stockbroking firms accounted for 120.366 billion shares worth N1.791 billion.

In terms of value, the stockbroking firms accounted for 66.5 per cent and 55.48 per cent in volume terms.

A breakdown of the performance in value terms shows that Stanbic IBTC Stockbroking Limited led with N472.415 billion or 17.5 per cent.

CSL Stockbrokers Limited followed with transactions worth N262.988 billion [/b]or 9.7 per cent, while [b]Rencap Securities Limited, traded equities worth N246.98 billion or 9.2 per cent.

Chapel Hill Denham Management Limited accounted for N223.849 billion or 8.3 per cent, while Meristem Securities Limited traded shares valued N156.210 billion [/b]or 5.8 per cent. [b]FBN Capital Limited recorded N123.160 billion or 4.5 per cent.

Cordros Capital Limited accounted for N109.101 billion or 4.1 per cent, just Cardinal Stone Securities Limited recorded N73.754 billion or 2.7 per cent. The other two firms among the top 10 included BGL Securities Limited, N65.791 billion or 2.4 per cent and Africa Alliance Stockbrokers Limited, N56.516 billion or 2.1 per cent.

In volume terms, Stanbic IBTC Stockbrokers maintained the lead, recording 24.781 billion shares which represented 11.42 per cent. FBN Capital traded 17.786 billion shares or 8.2 per cent, while CSL Stockbrokers traded 15.339 billion shares or 7.1 per cent.

Chapel Hill Denham Management accounted for 14.849 billion shares or 6.8 per cent just as Rencap Securities Limited traded 12.252 billion shares or 5.5 per cent. BGL Securities Limited and Cardinal Stone Securities Limited recorded 12.075 billion shares or 5.5 per cent and 8.465 billion shares or 3.9 per cent respectively.

Cordros Capital, which occupied the seventh position in terms of value, was placed eight in volume terms.

The firm accounted for 6.539 billion shares, 3.01 per cent of the equities traded.

Readings Investment traded 4.493 billion shares or 2.1 per cent, while Meristem Securities Limited accounted for 3.783 billion shares or 1.7 per cent.

angrybull:



When is the official public holidays for our Muslim brothers Sir?

Thursday and Friday has been declared public holidays by the government.

Do not buy sell or consume Nestle maggi noodles-NAFDAC wans Nigerians . Thursday friday public holidays to mark the celebration of this year's Id-El-kabir .

Wow! First post of the day by this time? What agwang, bnsitl?

My friend said Oando gives her nightmares.

bigass:
My friend said Oando gives her nightmares.

Watching this Transcorp closely, it may go up today again. Its recent movement is quite predictable. Pls, it's not a buying recommendation.

bigass:
My friend said Oando gives her nightmares.

Not just her, me too.

And I was talking with a friend yesterday, he said with the way things are going, he could wager that Amcom will take over Oando in due course.

cassimere:


Not just her, me too.

And I was talking with a friend yesterday and he said with the way things are going, he could wager that Amcom will take over Oando in due course.

Sir, things are not that bad or worst for Oando as your friend envisage. They just have a little challenges of corporate governance

myjoy08:


Sir, things are not that bad or worst for Oando as your friend envisage. They just have a little challenges of corporate governance

Sir corporate governance is not a little challenge oh!
In think it is a major challenge!
Imagine how far the year has gone yet the no financial news for this year. Even some for last year is being still expected.
In situations like this, "bad news" can be better than no news.
What metrics are investors and speculators supposed to employ to gauge their risks?

Excellent7:


Sir corporate governance is not a little challenge oh!
In think it is a major challenge!
Imagine how far the year has gone yet the no financial news for this year. Even some for last year is being still expected.
In situations like this, "bad news" can be better than no news.
What metrics are investors and speculators supposed to employ to gauge their risks?

Sir, the reason i called it a little challenge is the fact that Oando had been used to that problem since the "men in black" take over the company

How is the mkt going

seems everyone has gone to the CC Tribunal to support Saraki..

itsokay!!

feelamong:
seems everyone has gone to the CC Tribunal to support Saraki..

itsokay!!

Sir, only Dr. Agbalowo is invited. I guess he took some NSEMPA members with him

feelamong:
seems everyone has gone to the CC Tribunal to support Saraki..

itsokay!!

Maybe the market is waiting for the outcome of the MPC meeting to see what the CBN will do!!!

Any news on Skye bank.... no offer??

myjoy08:


Sir, things are not that bad or worst for Oando as your friend envisage. They just have a little challenges of corporate governance

A company that has corporate governance issues, high debt profile, gross erosion and dilution of investors' wealth,over ambitious and inept management surely needs the grace of God to survive another 5 years. In the fulness of time the undertaker will come for the remains of this company.NB this my own opinion and should not be taken as the fact.

myjoy08:


Sir, things are not that bad or worst for Oando as your friend envisage. They just have a little challenges of corporate governance

A company that has corporate governance issues, high debt profile, gross erosion and dilution of investors' wealth,over ambitious and inept management surely needs the grace of God to survive another 5 years. In the fulness of time the undertaker will come for the remains of this company.NB this my own opinion and should not be taken as the fact.

manie:
A company that has corporate governance issues, high debt profile, gross erosion and dilution of investors' wealth,over ambitious and inept management surely needs the grace of God to survive another 5 years. In the fulness of time the undertaker will come for the remains of this company.NB this my own opinion and should not be taken as the fact.

Sir, you opinion are very welcome. One thing is certain in stock market you look out for the value not the price . Oando is in the hand of the SHARK

myjoy08:


Sir, you opinion are very welcome. One thing is certain in stock market you look out for the value not the price . Oando is in the hand of the SHARK

Myjoy08, the main proponent of Oando. Keep the flag flying men!!!!

FranklinRich:


Myjoy08, the main proponent of Oando. Keep the flag flying men!!!!

Sir, all these companies listed in our NSE bourse have one or two baggage that are undefended. The major things is for one to align very close at the top so as not to be left behind. That is, to make MONEY. No stories

manie:
A company that has corporate governance issues, high debt profile, gross erosion and dilution of investors' wealth,over ambitious and inept management surely needs the grace of God to survive another 5 years. In the fulness of time the undertaker will come for the remains of this company.NB this my own opinion and should not be taken as the fact.

Oga Pa Ewumi has spoken.
NB: Am still exposed to OANDO

myjoy08:


Sir, all these companies listed in our NSE bourse have one or two baggage that are undefended. The major things is for one to align very close at the top so as not to be left behind. That is, to make MONEY. No stories

I hear you loud and clear boss!!!we are all making money this year

Emefiele is going to be replaced with
....... F A

bigass:
Emefiele is going to be replaced with
....... F A

Is Hubby at home??