Nigerian Exchange Limited
Equities Market Opens the Week in Green
Nigeria’s equities market on Monday closed in the green, shaving off last week’s weak sentiment and negative closing. Investors exchanged 2,402,071,798 shares valued at N16.467 billion in 4,811 deals during the trading hours of Monday.
Market value of listed equities gained N22 billion to N22.576 trillion from N22.554 trillion it closed on Friday while All-Share Index appreciated by 60.86 index points or 0.14 percent to 43,260.13 index points, up from 43,199.27 index points achieved last week.
The Exchange’s year-to-date return rose to 7.42 percent. A total of 18 stocks closed in the green while 16 stocks closed in the red.
Sectorial analysis showed the banking index gained 76 basis points on Zenith Bank (+1.26 percent), Fidelity Bank (+1.17 percent), ETI (+1.16 percent) and ACCESS (+1.11 Percent).
The consumer goods index lost 13 bps on Dangote Sugar (-1.79 percent). Honeywell Flour Mill led gainers with (+9.73 percent), Champion (+3.83 percent), Nestle (+1.83 percent) and PZ (+1.67 percent).
The NGX oil and gas index closed up 127 basis points on Oando (+5.97 percent) and Conoil (+2.53 percent). Industrial index lost 14bps on CUTIX (-3.43 percent) and WAPCO (-2.20 percent).
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| HONYFLOUR | N 3.39 | N 3.72 | 0.33 | 9.73 % |
| NEM | N 1.90 | N 2.05 | 0.15 | 7.89 % |
| FBNH | N 11.55 | N 12.30 | 0.75 | 6.49 % |
| OANDO | N 4.86 | N 5.15 | 0.29 | 5.97 % |
| CHAMPION | N 2.61 | N 2.71 | 0.10 | 3.83 % |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| TIP | N 0.41 | N 0.37 | -0.04 | -9.76 % |
| UPDC | N 1.54 | N 1.39 | -0.15 | -9.74 % |
| FTNCOCOA | N 0.44 | N 0.40 | -0.04 | -9.09 % |
| JAPAULGOLD | N 0.41 | N 0.39 | -0.02 | -4.88 % |
| UNIVINSURE | N 0.21 | N 0.20 | -0.01 | -4.76 % |
Top Trades
| Symbols | Volume | Value |
|---|---|---|
| OANDO | 1973141731.00 | 11834167474.57 |
| MBENEFIT | 133975911.00 | 32590890.84 |
| FBNH | 88658749.00 | 1076768706.65 |
| GTCO | 43152021.00 | 1103545974.60 |
| STERLNBANK | 25499280.00 | 37749101.85 |