• Nigeria and South Africa have become the most stock-obsessed countries in Africa
  • In Nigeria, around 10 stock brokerage firms in Nigeria have become the best traders in the country.
  • There are also reportedly 10 best-performing stocks trading on the Nigerian stock exchange floor.

A study by UK financial services company CMC Markets has listed countries with stock-obsessed populations around the world, using Google Trend metrics for frequently used search terms by people curious about stocks. and trade.

These terms were combined to give specific English-speaking countries a search score to find out which countries have the most interest in stocks in 2022.

Nigerian Stock Market Performance in 2022 Credit: NGX
Source: UGC

Nigeria and South Africa are the countries most obsessed with stocks and trading.

According to Business Insider Report, the study showed that the Asian country of Singapore ranks first as the country most interested in stocks and trading.

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Singapore had an overall search score of 555 out of 700, topping the list mainly due to its population.

India is next with a total search score of 492. The country has the second highest proportion of its population searching for phrases like stock market and swing trading.

Canada is the third most interested country in stocks globally with a score of 462. Its residents used phrases like “invest in stocks” and “buy stocks.”

The United States ranks fourth overall in the report with a total search score of 453 out of 700 possible scores. It has the highest level of search terms like investing in stocks and stock branding and buying stocks as the highest search term.

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The top ten is South Africa, which ranked seventh, New Zealand in eighth position, the United Kingdom and Nigeria followed in ninth and tenth places respectively.

Top 10 Stockbrokers by Value in 2022

BusinessDay reports that around 10 stock brokerage firms have become the best stock brokers in Nigeria.

The report lists Cardinalstone Securities, Stanbic IBTC Stockbrokers and APT Securities and Funds occupying the top three positions in Nigeria with a share trading share of 66.02 percent based on the value of transactions on the floor of the Nigerian stock exchange. Nigeria annually.

According to the brokers’ annual performance report 2022, the 10 companies traded a total of N1.54 trillion worth of shares last year.

Meristem Stockbrokers, EFG Hermes, Cordros Securities, CSL Stockbrokers, Chapel Hill Denham Securities, FBH Quest Securities and Investment One Stockbrokers are listed as the top brokerage firms.

Others are FBN Quest Securities Limited and Investment One Stockbrokers.

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Cardinalstone Security had the best traded share value at N751.5 billion representing 24.46 per cent of the total value traded on the floor of the exchange in the last year.

The company had a share volume of 76.63 share units representing 37.94 percent of the total volume traded in 2022.

The rest are:

  • Stanbic IBTC with N183.86 billion in shares.
  • APT Values: N179.1 billion
  • Meristem Stockbrokers Limited: N119.2 billion
  • EFG Hermes Limited with N115.7 billion.
  • Cordros Securities Limited: N103.04 billion.
  • CSL Stockbrokers: N85.60 billion in shares.
  • Chapel Hill Denham values: N79.14 billion.
  • FBN Quest Securities Limited: N68.64 billion
  • Stockbrokers Investment One: N41,230 million.

The 10 most traded stocks in 2022

However, the most traded shares in 2022 showed that Multiverse Mining and Exploration has the most traded shares in 2022 with 1890%, according to the reports.

Others are:

  • Wema Bank – 441.7 percent
  • Meyer Plc – 393.5 percent
  • Thomas Wyatt Nigeria – 177.1 percent
  • Academy Press: 158 percent
  • The rest are:
  • Champion Brew – 134 percent
  • Learn Africa: 88 percent
  • PZ Cussons Nigeria – 86.1 percent
  • E-Tranzact Int’l: 85.2%
  • Guinness Nigeria: 77.7%

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Top 5 largest banks in Nigeria by market capitalization

legit.ng reported that Zenith Bank, GT Bank and 3 others made the list of top 5 banks in Nigeria based on market capitalization.

This is according to data released by the Nigerian Stock Exchange at market close on Monday, November 28, 2022. Market capitalization is, in other words, the accumulated value of the banks.

It is calculated by multiplying the total units of shares held by the price of the shares.

Source: Legit.ng