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Nigerian Stock Exchange

Stock Market Dips Marginally on Monday, Investors Lose N3 Billion

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stock - Investors King

The Nigerian Exchange Limited (NGX) extended its decline on Monday after losing N177 billion in market value last week.

The market capitalisation of all listed equities depreciated by N3 billion from N20.279 trillion it closed on Friday to N20.276 trillion on Monday. While the NGX All-Share Index declined by 0.02 percent from 38,921.78 index points recorded last week to 38915.62 index points on Monday.

Investors traded 201,103,282 shares worth N2.526 billion in 3,340 transactions during the trading hours of Monday.

In terms of volume traded, Universal Insurance Plc led with 19446846.00 shares valued at N3,889,371.20. Fidelity Bank followed with 19282958.00 shares worth N46,513,270.13. See the details below.

Top Gainers

Symbols Last Close Current Change %Change
MORISON N 1.92 N 2.10 0.18 9.38 %
SOVRENINS N 0.25 N 0.27 0.02 8.00 %
LINKASSURE N 0.57 N 0.60 0.03 5.26 %
FIDELITYBK N 2.30 N 2.40 0.10 4.35 %
INTBREW N 4.80 N 5.00 0.20 4.17 %

Top Losers 

Symbols Last Close Current Change %Change
SCOA N 1.30 N 1.17 -0.13 -10.00 %
ACADEMY N 0.39 N 0.36 -0.03 -7.69 %
UPDC N 1.61 N 1.51 -0.10 -6.21 %
ABCTRANS N 0.35 N 0.33 -0.02 -5.71 %
OANDO N 4.64 N 4.45 -0.19 -4.09 %

Top Trades

Symbols Volume Value
UNIVINSURE 19446846.00 3889371.20
FIDELITYBK 19282958.00 46513270.13
FBNH 16680356.00 124990794.75
COURTVILLE 13757927.00 3870194.51
ACCESS 13499386.00 125059267.80

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

Equity Investors Gain N10 Billion Last Week

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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

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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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Nigerian Stock Exchange

Stock Market Extends Decline Amid Profit-taking

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Stock - Investors King

The Nigerian stock market extended declines on Tuesday as selloff in the banking sector plunged investors’ wealth by N17 billion.

The Nigerian Exchange Limited All-Share Index depreciated by 0.08 percent to 38,873.85 index points, down from 38,906.42 index points recorded on Monday. While market value of listed equities dipped by N17 billion from N20.271 trillion on Monday to N20.254 trillion on Tuesday.

Investors traded 184,442,908 shares valued at N2.343 billion in 3,809 transactions during the trading hours of Tuesday, against 190,959,987 shares worth N2.353 billion in 3,462 transactions that exchanged hands on Monday.

In terms of volume traded, United Bank for Africa Plc led with 38994303.00 shares worth N297,640,689.80. GTCO followed with 19036730.00 shares valued at N517,862,116.20. See the details below.

Top Gainers

Symbols Last Close Current Change %Change
MRS N 13.85 N 15.20 1.35 9.75 %
VERITASKAP N 0.21 N 0.23 0.02 9.52 %
REGALINS N 0.44 N 0.47 0.03 6.82 %
UNITYBNK N 0.53 N 0.55 0.02 3.77 %
COURTVILLE N 0.31 N 0.32 0.01 3.23 %

Top Losers

Symbols Last Close Current Change %Change
NEIMETH N 1.90 N 1.75 -0.15 -7.89 %
CHAMS N 0.23 N 0.22 -0.01 -4.35 %
JAPAULGOLD N 0.49 N 0.47 -0.02 -4.08 %
SOVRENINS N 0.25 N 0.24 -0.01 -4.00 %
WEMABANK N 0.79 N 0.76 -0.03 -3.80 %

Top Trades

Symbols Volume Value
UBA 38994303.00 297640689.80
GTCO 19036730.00 517862116.20
ZENITHBANK 14199218.00 326522432.45
UCAP 12887768.00 114176622.20
ACCESS 10083060.00 90170729.90

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