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Nigerian Stock Exchange

Nigerian Exchange Limited Closes on a Negative Note on Wednesday

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Stock - Investors King

Nigerian stock market closed on a negative note on Wednesday following a N112 billion profit on Tuesday.

Investors exchanged 264,789,180 shares worth N6.085 billion in 4,230 transactions during the trading hours of Wednesday, against 423,833,879 shares valued at N11.649 billion that exchanged hands in 4,181 deals Tuesday.

The Exchange All Share Index dipped by 0.22 percent to 43,349.9 basis points from 43,444.2 index points on Tuesday. Market value stood at N22.623 trillion on Wednesday, a decline of N49 billion from  N22.672 trillion filed on Tuesday.

A total of 14 stocks closed in the green against 25 stocks that closed in the red.

Sectorial breakdown shows the banking sector depreciated by 27 basis points on UNITYBNK (-8.47%), JAIZBANK (-4.62%), ACCESS (-2.67%) and FIDELITYBK (-2.26%). Gainers were WEMABANK (+2.35%), ETI (+1.81%) and UBA (+0.60%).

The consumer goods sector lost 66 basis points on UNILEVER (-7.53%), CHAMPION (-6.79%), PZ (-4.13%) and INTBREW (-1.79%). VITAFOAM (+1.06%) was a gainer in that sector today.

Similarly, the oil and gas sector shed 19 basis points on ARDOVA (-5.38%). OANDO (+0.62%) was a gainer in that space today. However, the industrial sector gained 1 basis points on CUTIX (+3.08%). See top gainers below.

Top Gainers 

Symbols Last Close Current Change %Change
ABCTRANS N 0.30 N 0.33 0.03 10.00 %
CHAMS N 0.22 N 0.23 0.01 4.55 %
CUTIX N 3.25 N 3.35 0.10 3.08 %
WEMABANK N 0.85 N 0.87 0.02 2.35 %
TRANSCORP N 0.97 N 0.99 0.02 2.06 %

Top Losers

Symbols Last Close Current Change %Change
JAPAULGOLD N 0.44 N 0.40 -0.04 -9.09 %
NEIMETH N 1.98 N 1.80 -0.18 -9.09 %
UNITYBNK N 0.59 N 0.54 -0.05 -8.47 %
CHIPLC N 0.62 N 0.57 -0.05 -8.06 %
UNILEVER N 14.60 N 13.50 -1.10 -7.53 %

Top Trades

Symbols Volume Value
FBNH 68611667.00 856175177.15
INTBREW 36694419.00 201822878.05
GTCO 24220921.00 644043798.40
UNITYBNK 9508750.00 5144511.50
ACCESS 9465683.00 87280933.45

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

MTN, Afriprud, UPDC, Others Top Losers as Investors Lose N410 Billion

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stock - Investors King

Nigerian stock market depreciated further on Wednesday as 23 stocks closed in the red, against 15 stocks that posted profits. The Nigerian Exchange Limited (NGX) sheds N410 billion in value.

Trading activity was mixed as investors exchanged 335,480,224 shares worth N3.552 billion in 3,891 deals during the trading hours of Wednesday,  in contrast to 224,910,096 shares valued at N3.708 billion that were traded in 4,331 transactions on Tuesday.

All-Share Index depreciated by 1.81 percent to 42,463.16 index points after shedding 0.05 percent on Tuesday. Market value declined by N410 billion from N22.567 trillion it closed on Tuesday to N22.157 trillion on Wednesday.

Sectorial analysis showed the Banking Index lost 115bps on ACCESS (-5.29%), ETI (-1.80%) and STERLNBANK (-1.35%). Gainers were JAIZBANK (+1.49%), WEMABANK (+1.27%) and ZENITHBANK (+0.21%).

The NGX Consumer Goods Index lost 14bps on HONYFLOUR (-5.32%), INTBREW (-2.08%), FLOURMILL (-0.85%) and NASCON (-0.35%).  NB (+0.65%) was a gainer in that space today. The NGX Oil and Gas Index lost 12bps on OANDO (-0.63%). The NGX Industrial index inched up 4bps on WAPCO (+0.60%). See other details below.

Year-to-date return moderated to 5.44 percent.

Top Gainers 

Symbols Last Close Current Change %Change
CORNERST N 0.52 N 0.56 0.04 7.69 %
MANSARD N 2.12 N 2.28 0.16 7.55 %
CHAMS N 0.20 N 0.21 0.01 5.00 %
NGXGROUP N 16.40 N 17.00 0.60 3.66 %
FTNCOCOA N 0.39 N 0.40 0.01 2.56 %

Top Losers

Symbols Last Close Current Change %Change
MTNN N 190.00 N 171.00 -19.00 -10.00 %
AFRIPRUD N 6.50 N 6.00 -0.50 -7.69 %
UPDC N 1.07 N 0.99 -0.08 -7.48 %
ROYALEX N 0.54 N 0.51 -0.03 -5.56 %
HONYFLOUR N 3.95 N 3.74 -0.21 -5.32 %

Top Trades

Symbols Volume Value
FBNH 133995395.00 1573889108.40
UNIVINSURE 36193828.00 7238765.60
ZENITHBANK 18339499.00 440113529.90
GTCO 13593251.00 334804045.25
TRANSCORP 10536458.00 10188184.33

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Nigerian Stock Exchange

AIICO, Access, WAPIC, Others Gain Even as More Stocks Closed in Red

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Nigerian Exchange Limited - Investors King

More stocks closed in the red despite AIICO, Access Bank and others closing in the green on Tuesday. The sell-off in the banking stocks ahead of the December holidays further dragged on the Nigerian Exchange Limited on Tuesday.

Investors exchanged 224,910,096 shares worth N3.708 billion in 4,331 transactions during the trading hours of Tuesday, against 213,126,324 shares valued at N2.359 billion that were traded in 4,105 transactions on Monday.

Market value of listed equities dipped to N22.567 trillion on Tuesday, while All-Share Index sheds 0.05 percent to 43,248.05 index points.

A total of 12 stocks closed in the green against 24 that closed in the red. The Exchange Year-to-date return drop slightly further to 7.39 percent.

Sectorial analysis showed the NGX Banking Index gained 26bps on ACCESS (+4.40%), ETI (+3.73%) and UBA (+0.63%). Losers included UBN (-6.19%), WEMABANK (-1.25%) and ZENITHBANK (-1.03%).

The NGX Consumer Goods Index lost 21bps on HONYFLOUR (-1.25%), DANGSUGAR (-1.22%), PZ (-0.83%), and GUINNESS (-0.82%).  NASCON (+0.35%) was a gainer in that space today.

The NGX Oil and Gas Index lost 40bps on OANDO (-2.04%). The NGX Industrial index shed 4bps on WAPCO (-0.60%). See other details below.

Top Five Gainers

Symbols Last Close Current Change %Change
AIICO N 0.76 N 0.83 0.07 9.21 %
ACCESS N 9.10 N 9.50 0.40 4.40 %
WAPIC N 0.48 N 0.50 0.02 4.17 %
ETI N 8.05 N 8.35 0.30 3.73 %
FCMB N 3.00 N 3.10 0.10 3.33 %

Top Five Losers

Symbols Last Close Current Change %Change
UPDCREIT N 4.55 N 4.10 -0.45 -9.89 %
IKEJAHOTEL N 1.35 N 1.22 -0.13 -9.63 %
UPDC N 1.18 N 1.07 -0.11 -9.32 %
CHAMS N 0.22 N 0.20 -0.02 -9.09 %
UBN N 4.85 N 4.55 -0.30 -6.19 %

Top Five Trades

Symbols Volume Value
ACCESS 42181454.00 389702768.45
ZENITHBANK 38967176.00 935403621.60
FBNH 16894152.00 198726807.40
GTCO 16670783.00 413978634.60
AIICO 12856166.00 10513305.13

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Nigerian Stock Exchange

NGX Opens the Week in Red

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Stock Bull - Investors King

The Nigerian Exchange Limited (NGX) All-Share Index open the new week in the red as 21 stocks lost points against 14 stocks that gained.

Investors exchanged 213,126,324 shares worth N2.359 billion in 4,105 transactions during the trading hours of Monday. NGX All-Share index depreciated by 0.09 percent to 43,270.94 index points while the market value of all listed equities dipped to N22.5 trillion.

Sectorial performance showed, the NGX Banking Index lost 18bps on FIDELITYBK (-1.57%), UBA (-1.23%) and ZENITHBANK (-0.62%).  Gainers were UNITYBNK (+1.92%), ACCESS (+1.11%) and UBN (+1.04%).

The NGX Consumer Goods Index closed down 23bps on INTBREW (-4.00%), PZ (-1.64%), and FLOURMILL (-0.34%).  Gainers were VITAFOAM (+1.86%) and HONYFLOUR (+1.01%).

The NGX Oil and Gas Index lost 56bps on OANDO (-2.78%) and the NGX Industrial index closed flat. See other details below.

Top Gainers

Symbols Last Close Current Change %Change
AIICO N 0.70 N 0.76 0.06 8.57 %
LIVINGTRUST N 0.88 N 0.95 0.07 7.95 %
VERITASKAP N 0.21 N 0.22 0.01 4.76 %
ABCTRANS N 0.33 N 0.34 0.01 3.03 %
COURTVILLE N 0.39 N 0.40 0.01 2.56 %

Top Losers

Symbols Last Close Current Change %Change
UPDC N 1.31 N 1.18 -0.13 -9.92 %
UPDCREIT N 5.05 N 4.55 -0.50 -9.90 %
CHIPLC N 0.55 N 0.51 -0.04 -7.27 %
REGALINS N 0.42 N 0.40 -0.02 -4.76 %
WAPIC N 0.50 N 0.48 -0.02 -4.00 %

Top Trades

Symbols Volume Value
FCMB 58454159.00 179917656.01
AIICO 13506766.00 10386849.32
ZENITHBANK 12777540.00 308695312.45
GTCO 12388518.00 309673484.65
ACCESS 10902798.00 98519241.15

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