NGX: Cardinalstone, 9 Others Responsible for 66.20% of Transactions in 2022 Kayode Tokede Cardinalstone Securities Limited and nine other stockbroker firms were responsible for 66.02 per cent of value of transactions on the
Cardinalstone Securities Limited and nine other stockbroker firms were responsible for 66.02 per cent of value of transactions on the trading floor of the Nigerian Exchange Limited in 2022.The NGX stockbrokers’ performance report between January and December of 2022 revealed that top on the list of the 10 top stockbrokers in the review period include: Cardinalstone Securities Limited which traded N571.54billion or 24.46 per cent, while Stanbic IBTC Stockbrokers Limited traded N183.
According to NGX chart, Cordros Securities Limited, traded N103.04billion or 4.41 per cent of transactions in the period under review, coming close was CSL Stockbrokers Limited with N85.61 billion or 3.66per cent of transactions. The top 10 stockbroker firms were responsible for 63.40per cent of the total volume between January and December 2022.
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