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Nigerian Stock Exchange

Equities Investors Lose N63 Billion Last Week

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Stock - Investors King

The Nigerian Exchange Limited (NGX) returned to bearish last week despite strong second-quarter reports from listed companies.

Investors traded total shares of 1.374 billion worth N11.823 billion in 22,982 transactions last week, against a total of 896.174 million shares valued at N5.235 billion that exchanged hands in 11,714 deals in the previous week.

In terms of volume traded, the financial services industry led the activity chart with 715.394 million shares valued at N4.745 billion traded in 10,274 deals. Therefore, contributing 52.06 percent and
40.13 percent to the total equity turnover volume and value, respectively.

The Conglomerates Industry followed with 212.340 million shares worth N517.613 million in 1,060 deals. The third place was Oil and Gas Industry, with a turnover of 153.440 million shares worth N1.597 billion in 3,076 deals.

Transnational Corporation Of Nigeria Plc, Oando Plc and Fidelity Bank Plc were the three most traded equities during the week. The three accounted for 378.863 million shares worth N995.477 million in 2,998 deals, therefore, they contributed a combined 27.57 percent and 8.42 percent to the total equity turnover volume and value, respectively

The NGX All-Share Index declined by 0.31 percent or 120.82 index points from 38,667.90 index points posted in the previous week to 38,547.08 index points last week.

Similarly, market capitalization depreciated by 0.31 percent or N63 billion to close at N20.084 trillion last week, down from N20.147 trillion.

All other indices finished lower with the exception of NGX Premium, NGX Consumer Goods, NGX Oil/Gas and NGX Sovereign Bond indices which appreciated by 0.02 percent, 0.06 percent, 3.84 percent and 1.97 percent respectively, while the NGX ASeM and NGX Growth Indices closed flat.

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

NGX Returns to Red Zone Following Two Days of Consecutive Gains

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stock market - Investors King

The Nigerian Exchange Limited (NGX) returned to the red zone on Thursday following two days of consecutive gains. 

Investors traded 130,202,679 shares worth N1.427 billion in 2,962 transactions during the trading hours of Thursday, against 141,407,914 shares valued at N2.973 billion traded in 3,079 transactions on Wednesday.

Market value dipped by N30 billion to N20.273 trilllion from N20.303 trillion it closed on Wednesday while the NGX All-Share Index depreciated by 0.15 percent to settle at 38,911.31 index points, down from 38,968.34 index points recorded on Wednesday.

Unity Bank led gainers with N0.05 or 9.62 percent to close at N0.57 a share. FTNCocoa followed by N0.04 or 8.70 percent to settle at N0.50 per share. See the details below.

Top Gainers

Symbols Last Close Current Change %Change
UNITYBNK N 0.52 N 0.57 0.05 9.62 %
FTNCOCOA N 0.46 N 0.50 0.04 8.70 %
CORNERST N 0.48 N 0.52 0.04 8.33 %
CHAMS N 0.20 N 0.21 0.01 5.00 %
SOVRENINS N 0.24 N 0.25 0.01 4.17 %

Top Losers

ymbols Last Close Current Change %Change
ETERNA N 7.20 N 6.52 -0.68 -9.44 %
SCOA N 1.17 N 1.06 -0.11 -9.40 %
INTBREW N 5.00 N 4.80 -0.20 -4.00 %
HONYFLOUR N 4.07 N 3.91 -0.16 -3.93 %
UBN N 5.00 N 4.85 -0.15 -3.00 %

Top Trades

Symbols Volume Value
ACCESS 24776258.00 230255009.65
UNIVINSURE 15265888.00 3053177.60
ZENITHBANK 8491361.00 200665488.55
GTCO 6753768.00 182783559.00
JAPAULGOLD 5985308.00 2992593.68

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Nigerian Stock Exchange

Stock Investors Gained N25 Billion on Wednesday

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Stock bull - Investors King

Investors that invested in the Nigerian Exchange Limited (NGX) gained N25 billion on Wednesday as more stocks closed in the green.

Investors traded 141,407,914 shares valued at N2.973 billion in 3,079 transactions during the trading hours of Wednesday, contrast to 228,479,010 shares valued at N1.879 billion that exchanged hands in 3,376 deals on Tuesday.

Market value grew by N25 billion from N20.278 trillion it closed on Tuesday to N20.303 trillion on Wednesday,  while the NGX All-Share Index appreciated by 0.12 percent to 38,968.34 index points, up from 38,920.5 index points.

UPDC Plc led gainers for second consecutive day with N0.16 or 9.64 percent to close at N1.82 per share. While N Nig. Flour Mills Plc followed with N0.70 or 9.59 percent to settle at N8 a unit. See the details below.

Top Gainers 

Symbols Last Close Current Change %Change
UPDC N 1.66 N 1.82 0.16 9.64 %
NNFM N 7.30 N 8.00 0.70 9.59 %
OANDO N 4.35 N 4.62 0.27 6.21 %
LEARNAFRCA N 1.36 N 1.44 0.08 5.88 %
HONYFLOUR N 3.92 N 4.07 0.15 3.83 %

Top Losers 

Symbols Last Close Current Change %Change
TRANSCOHOT N 5.00 N 4.50 -0.50 -10.00 %
CHIPLC N 0.53 N 0.48 -0.05 -9.43 %
PRESTIGE N 0.48 N 0.44 -0.04 -8.33 %
CHAMPION N 2.08 N 1.91 -0.17 -8.17 %
LASACO N 1.30 N 1.20 -0.10 -7.69 %

Top Trades

Symbols Volume Value
UNIVINSURE 17987052.00 3597410.40
ZENITHBANK 9711718.00 229355692.90
UCAP 9341841.00 76221425.25
TRANSCORP 9082603.00 8286258.24
ACCESS 9023766.00 83787940.10

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Nigerian Stock Exchange

Nigerian Exchange Limited Closes Slightly in Green on Tuesday Following Weeks of Bearish Trend

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Nigerian Exchange Limited - Investors King

The Nigerian Exchange Limited (NGX) rebounded slightly from bearish trends on Tuesday as investors gained N2 billion after weeks of trading in the red.

Market value of all stocks rose to N20.278 trillion on Tuesday, up by N2 billion from N20.276 trillion recorded on Monday. While the NGX All-Share Index gained 0.01 to close at 38,920.5 index points from 38,915.62 index points it settled on Monday.

Investors transacted 228,479,010 shares valued at N1.879 billion in 3,376 deals during the trading hours of Tuesday, against 201,103,282 shares worth N2.526 billion that exchanged hands in 3,340 transactions on Monday.

UPDC Plc led gainers with N0.15 or 9.93 percent to close the day at N1.66 a share while Academy Press Plc followed with N0.03 or 8.33 gain to settle at N0.39 a unit.

Investors renewed interest in Wema Bank as a total of 46,760,667.00 shares valued at N35,973,004.78 were traded during on Tuesday. Access Bank came second with 28239839.00 shares worth N263,494,888.05

Top Gainers

Symbols Last Close Current Change %Change
UPDC N 1.51 N 1.66 0.15 9.93 %
ACADEMY N 0.36 N 0.39 0.03 8.33 %
COURTVILLE N 0.27 N 0.29 0.02 7.41 %
VITAFOAM N 16.75 N 17.40 0.65 3.88 %
LIVESTOCK N 2.08 N 2.14 0.06 2.88 %

Top Losers 

Symbols Last Close Current Change %Change
SOVRENINS N 0.27 N 0.25 -0.02 -7.41 %
UPL N 1.09 N 1.02 -0.07 -6.42 %
REGALINS N 0.48 N 0.45 -0.03 -6.25 %
UACN N 10.30 N 9.80 -0.50 -4.85 %
CHAMS N 0.22 N 0.21 -0.01 -4.55 %

Top Trades

Symbols Volume Value
WEMABANK 46760667.00 35973004.78
ACCESS 28239839.00 263494888.05
UBA 17767249.00 135078503.15
MBENEFIT 17243869.00 4879080.30
FIDELITYBK 14799631.00 36065747.39

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