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Nigerian Stock Exchange

Nigerian Exchange Limited (NGX) Sheds N123 Billion Last Week

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Nigerian stock market - Investors King

The Nigerian Exchange Limited (NGX) closed in the red last week as investors await the second-quarter reports of listed companies.

Investors traded 1.348 billion shares worth N12.140 billion in 21,581 deals during the week, against a total of 1.021 billion shares valued at N14.145 billion that exchanged hands in the previous week in 17,565 deals.

In terms of volume traded, the financial services industry led the activity chart with 892.212 million shares valued at N7.065 billion traded in 11,592 deals. Therefore, contributing 66.20 percent and 58.20 percent to the total equity turnover volume and value, respectively.

The ICT industry followed with 110.067 million shares worth N776.402 million in 744 deals. The Conglomerates Industry came third with a 100.009 million shares valued at N216.504 million in 788 deals.

The top three most traded equities were the Fidelity Bank Plc, FBN Holdings Plc and Zenith Bank Plc, together they accounted for 310.779 million shares worth N3.166 billion in 3,289 deals and contributed 23.06 percent and 26.08 percent to the total equity turnover volume and value, respectively.

Market value of listed equities declined by 0.62 percent or N123 billion during the week from N19.919 trillion recorded in the previous week to N19.796 trillion last week.

The Nigerian Exchange Limited All-Share Index dipped by 0.57 percent or 217.82 index points from 38,212.01 index points in the previous week to 37,994.19 index points last week.

All other indices closed the week higher with the exception of NGX All-Share, NGX-Main Board, NGX Consumer Goods and NGX Lotus II indices which depreciated by 0.57 percent, 2.22 percent, 0.32 percent and 0.23 percent respectively, while the NGX ASeM and NGX Growth Indices closed flat.

Top gainers - Investors King

Top 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 GainersĀ 

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 GainersĀ 

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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