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Nigerian Exchange Limited

Flour Mills, Consolidated Hallmark, Others Adjust Stock Prices

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Nigerian Exchange Limited - Investors King

The prices of Flour Mills, Consolidated Hallmark Insurance Plc, Meyer Plc and Total Nigeria Plc stocks were adjusted on Monday, August 16, 2021 for dividends in line with their respective Boards of Directors as shown below.

S/N Security Closure Date Last Close Price Dividend Ex-div Price
1 Consolidated Hallmark Insurance Plc 16/8/2021 N0.53 N0.02 N0.51
2 Flour Mills Nig Plc N30.45 N1.65 N28.80
3 Meyer Plc N0.59 N1.50 N0.20
4 Total Nigeria Plc N203.20 N4.00 N199.20

The stock price of Meyer Plc was stopped at N0.20k in line with the minimum equity prices of N0.20K.

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 Exchange Limited

Dangote Cement, AIICO, Others Drag on Equities Market

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BUA Cement stock - Investors King

The Nigerian equities market shed N280 billion on Thursday as stocks of Dangote Cement, Nem Insurance Plc, AIICO and others closed in the red.

Activity level at the Exchange dropped compared to Wednesday. Investors transacted 279,441,158 shares worth N2.763 billion in 4,582 deals during the trading hours of Thursday, against 328,997,020 shares valued at N4.817 billion that exchanged hands in 4,219 transactions on Wednesday.

Breaking down performance across sectors, the Nigerian Exchange Limited (NGX) banking index rose by 108 basis points (bps) on appreciation in Ecobank (+9.63%), United Bank for Africa (+0.61%), and Zenith Bank (+0.39%). Jaiz Bank (-4.29%) and Sterling Bank (-3.64%) lost points.

The NGX consumer good index also gained 177bps on  10.00% surged in the valued of Guinness, Intbrew (+10.00%), Unilever (+7.28%), PZ (+2.94%), Honey Flour (+2.65%), NB (+2.43%) and Cadbury (+2.33%). Flour Mills (-0.17%) lost points.

However, the NGX oil and gas index shed 48bps on Ardova (-4.96%) and Oando (-2.13%). But Seplat gained points after advancing by +0.13%. The NGX Industrial index lost 325bps largely due to Dangote Cement’s 8.53% decline, Nigeria’s most capitalised listed company. Cutix, BUA Cement and WAPCO, however, posted 4.17%, 2.87% and 1.19% gains, respectively.

The market value of listed equities shed N280 billion to close at N24.793 trillion, down from a record-high of N25.073 trillion it closed on Wednesday. NGX All-Share index depreciated by 1.12 percent from 46,529.99 index points on Wednesday to 46,009.23 index points on Thursday.

The bourse closed in red despite 26 stocks gaining points against 18 stocks that lost points.  This was because of the decline in Dangote Cement.  The year-to-date exchange moderated to  7.71 percent. See the details of top gainers and losers below.

Top Gainers

Symbols Last Close Current Change %Change
GUINNESS N 42.50 N 46.75 4.25 10.00 %
INTBREW N 5.00 N 5.50 0.50 10.00 %
ETI N 10.90 N 11.95 1.05 9.63 %
PRESTIGE N 0.42 N 0.46 0.04 9.52 %
UNILEVER N 13.05 N 14.00 0.95 7.28 %

Top Losers

Symbols Last Close Current Change %Change
NEM N 3.50 N 3.20 -0.30 -8.57 %
DANGCEM N 284.90 N 260.60 -24.30 -8.53 %
AIICO N 0.80 N 0.76 -0.04 -5.00 %
ARDOVA N 13.10 N 12.45 -0.65 -4.96 %
MULTIVERSE N 0.21 N 0.20 -0.01 -4.76 %

Top Trades

Symbols Volume Value
UPDCREIT 46355317.00 181873198.75
COURTVILLE 36082363.00 21320802.86
TRANSCORP 16885893.00 18247336.54
GTCO 16046104.00 409659547.55
MULTIVERSE 10737673.00 2201006.33

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Nigerian Exchange Limited

Airtel Africa, Ecobank, Others Gained as Stocks Market Closed in Green

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Stock - Investors King

The Nigerian Exchange Limited (NGX) extended its gain by 1.29 percent on Wednesday as sentiment improved across the board.

Activity level surged as investors exchanged 328,997,020 shares valued at N4.817 billion in 4,219 transactions, against 247,694,304 shares worth N3.577 billion that exchanged hands in 4,242 deals during the trading hours of Tuesday.

Market value of all listed equities rose by N318 billion to N25.073 trillion from N24.755 trillion recorded on Tuesday. NGX All-Share Index appreciated by 1.29 percent to 46,529.99 index points.

The NGX banking index gained 132bps on ETI (+9.55%), Sterling Bank (+3.12%), UBA (+1.23%) and Access Bank (+0.52%).

However, the NGX consumer goods index shed 39bps on Cadbury (-9.47%), Champion (-7.84%), PZ (-2.86%) and Dangote Sugar (-2.82%). Gainers were Honey Flour (+3.03%) and NB (+0.11%).

Similarly, the NGX oil and gas index closed down 59bps on Eterna (-3.94%), Oando (-1.05%) and Seplat (-0.63%). The NGX industrial index shed 189bps on  -4.76% declined on BUA Cement.

The Exchange year-to-date return rose to 8.93 percent. See top gainers and losers below.

Top Gainers

Symbols Last Close Current Change %Change
AIRTELAFRI N 1155.50 N 1271.00 115.50 10.00 %
ETI N 9.95 N 10.90 0.95 9.55 %
COURTVILLE N 0.55 N 0.60 0.05 9.09 %
ACADEMY N 0.79 N 0.86 0.07 8.86 %
LEARNAFRCA N 1.29 N 1.40 0.11 8.53 %

Top Losers

Symbols Last Close Current Change %Change
CADBURY N 9.50 N 8.60 -0.90 -9.47 %
PRESTIGE N 0.46 N 0.42 -0.04 -8.70 %
CHAMPION N 2.55 N 2.35 -0.20 -7.84 %
LINKASSURE N 0.56 N 0.52 -0.04 -7.14 %
NEIMETH N 1.90 N 1.80 -0.10 -5.26 %

Top Trades

Symbols Volume Value
MULTIVERSE 57599031.00 11887559.70
MBENEFIT 48257904.00 12131889.11
GTCO 36746847.00 936852160.50
CHAMS 22060702.00 4584597.42
NB 13368201.00 632535523.00

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Nigerian Exchange Limited

C & I Leasing, Others Top Losers’ Chart Despite NGX Closing in Green

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stock bull - Investors King

C & I Leasing, Prestige Assurance and other stocks closed in the red on Tuesday despite the Nigerian Exchange Limited (NGX) closing in the green.

The market value of listed stocks grew by N6 billion to N24.755 trillion, slightly up from N24.749 trillion it closed on Monday. While the NGX All-Share Index gained 0.02 percent to settle at 45,939.51 index points.

Investors exchanged 247,694,304 shares worth N3.577 billion in 4,242 deals during the trading hours of Tuesday, against 278,605,710 shares valued at N2.887 billion transacted in 4,447 deals on Monday.

Breaking doing each sector, the NGX banking index gained 52bps on ETI (+9.94%), Wema Bank (+1.19%). UBN (+0.85%), and UBA (+0.62%). However, Access Bank, Zenith Bank and Sterling Bank shed 1.03%, 0.78% and -0.62% lost points.

Similarly, the NGX consumer goods index appreciated by 8bps on the back of 8.05 percent gain in Champion and 1.54 percent improvement in Honey Flour. The oil and gas index also appreciated as Seplat gained 1.28 percent.

The industrial index lost 3bps on a 0.39 percent decline in WAPCO. See top gainers and losers below.

Top Gainers 

Symbols Last Close Current Change %Change
COURTVILLE N 0.50 N 0.55 0.05 10.00 %
ETI N 9.05 N 9.95 0.90 9.94 %
ACADEMY N 0.72 N 0.79 0.07 9.72 %
CHAMPION N 2.36 N 2.55 0.19 8.05 %
REGALINS N 0.38 N 0.40 0.02 5.26 %

Top Losers 

Symbols Last Close Current Change %Change
CILEASING N 4.20 N 3.78 -0.42 -10.00 %
PRESTIGE N 0.51 N 0.46 -0.05 -9.80 %
CORNERST N 0.53 N 0.51 -0.02 -3.77 %
MBENEFIT N 0.27 N 0.26 -0.01 -3.70 %
UPDC N 1.16 N 1.12 -0.04 -3.45 %

Top Trades

Symbols Volume Value
GTCO 24519109.00 625346343.70
COURTVILLE 21425555.00 11764033.01
TRANSCORP 20439908.00 21648542.88
ZENITHBANK 17318113.00 440520098.70
CHAMS 16555538.00 3330924.87

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