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Nigerian Stock Exchange

Stock Investors Gained N292 Billion Last Week

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Nigerian Exchange Limited - Investors King

Investors in the Nigerian Exchange Limited gained N292 billion in the week ended July 2, 2021 as stock traders positioned for the first half of the year’s reports.

Investors traded 1.006 billion shares worth N10.330 billion in 17,165 deals in the week under review, against a total of 981.147 million shares valued at N10.384 billion that exchanged hands in 15,001 deals in the previous week.

In terms of the volume traded, the financial services industry led the activity chart with 646.404 million shares estimated at N5.199 billion traded in 8,996 deals, therefore, the sector contributed 64.26 percent and 50.33 percent to the total equity turnover volume and value, respectively.

This was trailed by the consumer goods industry with 108.587 million shares worth N2.257 billion but transacted in 3,213 deals. In third place was the conglomerates industry with a total turnover of 80.257 million shares valued at N179.134 million in 614 deals.

The top three most traded equities were Zenith Bank Plc, Transcorp Hotels Plc and Access Bank Plc. The three accounted for 207.341 million shares worth N2.510 billion in 2,774 deals and contributed 20.61 percent and 24.30 percent to the total equity turnover volume and value, respectively.

The market capitalisation of listed equities gained N292 billion or 1.49 percent from N19.627 trillion recorded in the previous week to N19.919 trillion last week.

While the Nigerian Exchange Limited All-Share Index gained 1.47 percent or 553.75 index points from 37,658.26 index points posted in the previous week to 38,212.01 index points last week.

The year-to-date decline of the index improved to -5.11 percent but 0.80 percent growth in the month of July or the third quarter so far.

All indices, with exception of NGX Oil/Gas and NGX Growth Indices, finished higher. while the NGX ASeM, NGX-AFR Bank Value Index, and NGX Sovereign Bond Indices closed flat.

Ikeja Hotel led gainers with a 60 percent increase in share price from N1 to N1.60 as shown below.  The Linkage Assurance Plc followed with 30.77 percent from N0.65 to N0.85. See the details below.

Top Stock Gainers and Losers - Investors King

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Nigerian Stock Exchange

Total, Dangote Cement, Oando Bolster Stock Market on Thursday

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Nigerian Exchange Limited - Investors King

The Nigerian Exchange Limited closed in the green on Thursday following renewed interest in the shares of Total, Cutix, Oando, Dangote Cement and others.

Investors transacted 203,110,772 shares worth N1.724 billion in 3,969 deals during the trading hours of Thursday.

Market capitalisation of listed stocks improved to N20.104 trillion while the Nigerian Exchange Limited (NGX) All-Share Index rose by 1.67 percent to 38,585.52 index points.

Total led gainers with N16.80 or 10 percent to settle at N184.80 after posting a 1601 percent jump in profit after tax for the first half of 2021. Cutix and Oando trailed Total with 9.77 percent and 9.73 percent, respectively. See the details below.

Top Gainers 

Symbols Last Close Current Change %Change
TOTAL N 168.00 N 184.80 16.80 10.00 %
CUTIX N 3.99 N 4.38 0.39 9.77 %
OANDO N 3.29 N 3.61 0.32 9.73 %
DANGCEM N 230.00 N 248.00 18.00 7.83 %
COURTVILLE N 0.22 N 0.23 0.01 4.55 %

Top Loses

Symbols Last Close Current Change %Change
AIICO N 1.15 N 1.05 -0.10 -8.70 %
SOVRENINS N 0.31 N 0.29 -0.02 -6.45 %
VERITASKAP N 0.25 N 0.24 -0.01 -4.00 %
LIVESTOCK N 1.97 N 1.90 -0.07 -3.55 %
ARDOVA N 15.50 N 15.00 -0.50 -3.23 %

Top Trades

Symbols Volume Value
STERLNBANK 22486587.00 33803335.32
UCAP 16900746.00 115108129.76
FIDELITYBK 14062166.00 33687988.59
WEMABANK 13959610.00 12244069.82
GTCO 13300585.00 392121611.75

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Nigerian Stock Exchange

Stocks Market Extends Decline Last week, Sheds Another N25 Billion

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Nigerian Stock Exchange - Investors King

The Nigerian Exchange Limited (NGX) extended its decline last week as the bourse depreciated by another N25 billion following a N123 billion decline recorded in the previous week.

Investors traded 1.008 billion shares worth N10.923 billion in 17,297 deals during the week, against a total of 1.348 billion shares valued at N12.140 billion that exchanged hands in 21,581 transactions in the previous week.

In terms of volume traded, the financial services industry led the activity chart with 732.418 million shares valued at N7.213 billion traded in 9,131 deals. Therefore, contributed 72.62 percent and
66.04 percent to the total equity turnover volume and value traded in the week, respectively.

The Conglomerates Industry followed with 52.931 million shares worth N170.271 million in 656 deals. The third place was ICT Industry, with a turnover of 52.716 million shares worth N1.806 billion in 701 deals.

The top three most traded equities were Guaranty Trust Holding Company Plc, United Bank for Africa Plc and Zenith Bank Plc. The three accounted for 261.741 million shares worth N5.813 billion in 3,498 deals and contributed 25.95 percent and 53.22 percent to the total equity turnover volume and value, respectively.

The market valued of all listed equities dipped by 0.12 percent or N25 billion from N19.796 trillion recorded in the previous week to N19.771 trillion last week.

The NGX All-Share Index also depreciated by 0.12 percent or -47.01 index points from 37,994.19 index points posted in the previous week to 37,947.18 last week.

All other indices finished lower with the exception of NGX Banking, NGX AFR Div Yield, NGX MERI Growth, NGX Oil/Gas and NGX Sovereign Bond indices which appreciated by 0.09 percent, 0.32 percent, 0.15 percent, 1.81 percent and 0.64 percent, respectively. While the NGX Premium, NGX ASeM and NGX Growth Indices closed flat.

Nigerian Exchange Limited Top Gainers This Week - Investors King Nigerian Exchange Limited Top Losers - Investors King

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Nigerian Stock Exchange

Equities Market Closed in the Red on Thursday as Sentiment Remains Weak

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Nigerian Exchange Limited - Investors King

Nigerian equities closed in the red on Thursday amid weak sentiment and market uncertainties ahead of second-quarter reports.

Investors traded 159,996,570 shares valued at N927.859 million in 3,038 transactions, against a total of 197,231,557 shares worth N2.139 billion that were traded in 3,610 deals during the trading hours of Wednesday.

Nigerian Exchange Limited All Share Index declined by 0.01 percent to 37866.90 index points, down from 37872.55 index points it closed on Wednesday.

Market value of all listed stocks shed N3 billion to N19.729 trillion from the N19.732 trillion posted on Wednesday. Sovereign Trust Insurance Plc led gainers with N0.03 or 10 percent to settle at N0.33 a unit. This was followed by FTN Cocoa Processors Plc with N0.04 or 9.76 percent gain to close at N0.45 a unit.

Top Gainers 

Symbols Last Close Current Change %Change
SOVRENINS N 0.30 N 0.33 0.03 10.00 %
FTNCOCOA N 0.41 N 0.45 0.04 9.76 %
CWG N 1.14 N 1.25 0.11 9.65 %
AIICO N 1.05 N 1.15 0.10 9.52 %
REDSTAREX N 3.11 N 3.36 0.25 8.04 %

Top Losers

Symbols Last Close Current Change %Change
IKEJAHOTEL N 1.40 N 1.27 -0.13 -9.29 %
UPDC N 1.43 N 1.30 -0.13 -9.09 %
WAPIC N 0.59 N 0.54 -0.05 -8.47 %
UPL N 1.52 N 1.41 -0.11 -7.24 %
UNITYBNK N 0.63 N 0.59 -0.04 -6.35 %

Top Trades

Symbols Volume Value
SOVRENINS 14947150.00 4754145.00
FIDELITYBK 13481121.00 32158682.94
WAPIC 11955955.00 6496592.60
UPDC 11244793.00 15263275.00
COURTVILLE 9810313.00 2168371.99

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