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Nigerian Stock Exchange

Stock Market Extends Decline, Investors Lose N31.09bn



Nigerian Exchange Limited - Investors King

Equities listed on the Nigerian Exchange Limited fell for the fifth straight day on Thursday, triggering a N31.09bn loss for investors.

The NGX All-Share index declined by 0.01 per cent at the end of trading on the floor of the exchange, to 39,201.33 basis points from 39.204.52 on Wednesday while the market capitalisation fell to N20.42tn from N20.43tn.

The market activity slowed as trading volume dropped by 1.00 per cent to 350.53 million shares valued at N3.35bn in 3,523 deals from Wednesday’s tally of 354.06 million shares worth N3.20bn traded in 4,095 deals.

Analysing by sector, the NGX Consumer Goods and the NGX Oil and Gas indices rose by 0.14 per cent and 0.55 per cent respectively while the NGX Insurance index lost 1.65 per cent. The Banking and Industrial indices closed flat at the end of trading.

Market sentiment, as measured by market breadth, was negative as five tickers gained as against 21 losers.

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

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Nigerian Stock Exchange

NGX Index Opens the Week in Red, Stock Investors Lose N51 Billion



stock bear - Investors King

The Nigerian Exchange Limited (NGX) All-Share Index depreciated by 0.25 percent on Monday to settle at 38,864.33 index points, down from 38,962.28 index point recorded on Friday.

Market value of listed equities declined by N51 billion from N20.300 it closed on Friday to N20.249 trillion on Monday.

Investors exchanged 139,453,012 shares worth N1.713 billion in 3,539 transactions during the trading hours of Monday.

University Press Plc led gainers with N0.10 or 9.80 percent to settle at N1.12 a unit while Transcorp Hotels Plc followed with N0.48 or 9.70 percent gain as shown in the table below.

Top 5 Gainers 

Symbols Last Close Current Change %Change
UPL N 1.02 N 1.12 0.10 9.80 %
TRANSCOHOT N 4.95 N 5.43 0.48 9.70 %
COURTVILLE N 0.32 N 0.35 0.03 9.38 %
OANDO N 4.94 N 5.24 0.30 6.07 %
CUTIX N 4.65 N 4.90 0.25 5.38 %

Top 5 Losers

Symbols Last Close Current Change %Change
MANSARD N 3.32 N 2.99 -0.33 -9.94 %
CHAMS N 0.23 N 0.22 -0.01 -4.35 %
SOVRENINS N 0.25 N 0.24 -0.01 -4.00 %
MBENEFIT N 0.30 N 0.29 -0.01 -3.33 %
BUACEMENT N 68.00 N 66.00 -2.00 -2.94 %

Top 5 Trades

Symbols Volume Value
SOVRENINS 19078615.00 4395227.35
FIDELITYBK 11853982.00 29010046.30
GTCO 11146052.00 307075817.00
TRANSCORP 10050568.00 9302308.29
COURTVILLE 7951977.00 2679758.84

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Nigerian Stock Exchange

Equity Investors Gain N10 Billion Last Week



stock bull - Investors King

Investors at the Nigerian Exchange Limited gained N10 billion last week despite losing for three consecutive days.

Investors traded 1.290 billion shares worth N13.921 billion in 16,745 deals on the floor of the Exchange, in contrast to a total of 856.289 million shares valued at N10.752 billion that exchanged hands in 15,663 transactions in the previous week.

In terms of volume traded, the Financial Services Industry led the activity chart with 978.172 million shares valued at N8.300 billion traded in 8,716 deals. Therefore, contributing 75.80 percent and 59.62 percent to the total equity turnover volume and value respectively.

The Consumer Goods Industry followed with 62.006 million shares worth N1.187 billion in 2,546 deals. In the third place
was Conglomerates Industry, with a turnover of 49.055 million shares worth N126.288 million in 589 deals.

FBN Holdings Plc, United Bank For Africa Plc and Guaranty Trust Holding Company Plc were the three most traded equities, accounting for a combined 626.958 million shares worth N5.766 billion in 2,526 transactions and contributed 48.58 percent and 41.42 percent to the total equity turnover volume and value, respectively.

The NGX All-Share Index appreciated by 18.41 index points or 0.05 percent from 38,943.87 index points recorded in the previous week to 38,962.28 index point last week. Market Capitalization also appreciated by 0.05 percent or N10 billion to close N20.300 trillion, up from N20.290 trillion.

Similarly, all other indices finished higher with the exception of NGX 30, NGX CG, NGX Banking, NGX Pension, NGX-AFR Bank Value, NGX AFR Div Yield, NGX MERI Value and NGX Consumer Goods indices which depreciated by 0.04 percent, 0.36 percent, 0.43 percent, 0.05 percent, 0.72 percent, 0.50 percent, 0.75 percent and 0.04 percent, respectively. While the NGX ASeM, NGX Growth and NGX Sovereign Bond Indices closed flat.

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Nigerian Stock Exchange

Stock Investors Lose Another N11 Billion on Wednesday



Nigerian Exchange Limited - Investors King

The Nigerian Exchange Limited (NGX) extended decline on Wednesday as sentiment remained weak across the Exchange.

Investors exchanged 155,773,059 shares valued at N1.510 billion in 3,256 transactions during the trading hours of Wednesday, in contrast to 184,442,908 shares worth N2.343 billion that exchanged hands in 3,809 transactions on Tuesday.

Market value depreciated by N11 billion to N20.243 trillion on Wednesday, further down from N20.254 trillion it closed on Tuesday. While NGX All-Share Index dipped by 0.05 percent to 38,852.69 index points.

Transcorp Hotel Plc led gainers with N0.45 or 10 percent. Followed by Pharm-Deko Plc’s N0.16 or 9.88 percent gain. See the details below.

Top Gainers

Symbols Last Close Current Change %Change
TRANSCOHOT N 4.50 N 4.95 0.45 10.00 %
PHARMDEKO N 1.62 N 1.78 0.16 9.88 %
CONOIL N 22.35 N 24.55 2.20 9.84 %
CORNERST N 0.49 N 0.53 0.04 8.16 %
NEM N 1.90 N 2.00 0.10 5.26 %

Top Losers 

Symbols Last Close Current Change %Change
VERITASKAP N 0.23 N 0.21 -0.02 -8.70 %
UCAP N 9.00 N 8.55 -0.45 -5.00 %
CHAMS N 0.22 N 0.21 -0.01 -4.55 %
ACCESS N 8.90 N 8.60 -0.30 -3.37 %
JAPAULGOLD N 0.47 N 0.46 -0.01 -2.13 %

Top Trades

Symbols Volume Value
UNIVINSURE 19040500.00 3808100.00
UBA 18778552.00 143097682.80
ZENITHBANK 11757422.00 268830997.45
GTCO 10015581.00 271262745.25
UCAP 8519588.00 74569386.55

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