Nigerian Exchange Limited

Stock Investors Gained N526 Billion in Three Days

Published

4 months ago

January 20, 2022

Investors in the Nigerian Exchange Limited (NGX) have realised a combined N526 billion gain in the last three trading sessions to offset Monday’s decline. The Exchanged, which closed at N23.951 trillion market value on Friday, increased to N24.477 trillion on Wednesday.

On Monday, NGX dipped by N29 billion to N23.922 trillion but quickly rebounded on Tuesday and sustain its expansion on Wednesday on the back of renewed interest in the bourse.

Activity level rose on Wednesday as investors traded 252,938,074 shares worth N8.9255 billion in 4,218 transactions, against 235,233,902 shares worth N1.918 billion that exchanged hands in 4,151 deals on Tuesday.

Breakdown of performance showed the NGX Banking Index appreciated 50bps on the back of improvement in Union Bank of Nigeria (+4.46%), Access Bank (+0.52%) and Zenith Bank (+0.39%). Jaiz Bank (-4.55%), Unity Bank (-2.04%), Wema Bank (-1.15%) and ETI (-0.56%) lost points.

The NGX Consumer Goods Index shed 2bps on Champion (-1.23%) and Honey Flour (-0.59%). While the NGX Oil and Gas Index gained 221bps on Seplat (+4.36%) and the NGX Industrial index closed flat.

NGX All-share Index appreciated by 1.73 percent to 45,430.14 index points, up from 44,655.89 index points it closed on Tuesday. While market value rose by N418 billion from N24.059 trillion it settled on Tuesday to N24.477 trillion on Wednesday.

A total of 16 large stocks posted gains, against 17 stocks that closed in the red. The year-to-date return rose to 6.35 percent. See the details of top gainers and losers below.

Top Gainers

Symbols	Last Close	Current	Change	%Change
AIRTELAFRI	N 1050.50	N 1155.50	105.00	10.00 %
CORNERST	N 0.50	N 0.53	0.03	6.00 %
COURTVILLE	N 0.38	N 0.40	0.02	5.26 %
UBN	N 5.60	N 5.85	0.25	4.46 %
SEPLAT	N 690.00	N 720.10	30.10	4.36 %

Top Losers

Symbols	Last Close	Current	Change	%Change
FTNCOCOA	N 0.39	N 0.36	-0.03	-7.69 %
CHIPLC	N 0.69	N 0.64	-0.05	-7.25 %
REGALINS	N 0.45	N 0.42	-0.03	-6.67 %
JAPAULGOLD	N 0.42	N 0.40	-0.02	-4.76 %
JAIZBANK	N 0.66	N 0.63	-0.03	-4.55 %

Top Trades

Symbols	Volume	Value
GTCO	25456346.00	649356251.40
DANGCEM	24453030.00	6481353849.00
FBNH	23094320.00	277150098.30
FIDELITYBK	21137645.00	57157543.48
FCMB	12932757.00	38790482.47

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Samed Olukoya

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Nigerian Exchange Limited

Stock Activity Rises as Investors Gained N298 Billion

Published

1 day ago

May 20, 2022

Samed Olukoya

The Nigerian Exchange Limited (NGX) rebounded from its three days of consecutive declines to close in the green on Thursday despite only 21 stocks recording gains, against 29 stocks that dipped.

Activity in the Nigerian stock market rose on Thursday as investors exchanged 274,556,626 stocks valued at N8.447 billion in 5,184 deals, against 611,973,850 shares worth N 7.426 billion that exchanged hands in 5,948 transactions on Wednesday.

Transcorp was the most traded equity, accounting for 48,381,202 shares valued at N61,433,118.18. MTN Nigeria followed with 20,601,952 shares worth N5,494,941,075.80.

Breaking down each sector, the banking sector shed 76 basis points as stocks of Fidelity Bank, Ecobank, Union Bank of Nigeria, Unity Bank and Zenith Bank closed in the red. Sterling Bank and United Bank for Africa were some of the gainers in the sector.

Similarly, the consumer goods index dropped 23 basis points on the back of a 4.29% decline in Champion, 1.84% loss in Intbrew and a 1.33% decline in Unilever. PZ closed with a 0.37% gain.

The decline in value of Conoil, Ardova and Oando dragged oil and gas index down by 79bps. However, the industrial index, the only sector that closed in the green, posted a 14bps gain as Wapco gained 1.59%.

The market capitalisation of all listed stocks appreciated by N298 billion from N28.423 trillion it settled on Wednesday to N28.721 trillion on Thursday. While NGX All-Share Index appreciated by 1.05% to 53,275.49 index points, up from 52,721.34 index points recorded on Wednesday.

The Exchange year-to-date inched slightly higher to 24.72%. See the details of top gainers and losers below.

Top Gainers

Symbols	Last Close	Current	Change	%Change
TRANSCOHOT	N 5.36	N 5.89	0.53	9.89 %
BETAGLAS	N 57.00	N 62.55	5.55	9.74 %
MCNICHOLS	N 1.77	N 1.94	0.17	9.60 %
VERITASKAP	N 0.21	N 0.23	0.02	9.52 %
MULTIVERSE	N 0.22	N 0.24	0.02	9.09 %

Top Losers

Symbols	Last Close	Current	Change	%Change
CONOIL	N 31.50	N 28.35	-3.15	-10.00 %
ETERNA	N 7.30	N 6.60	-0.70	-9.59 %
PRESTIGE	N 0.44	N 0.40	-0.04	-9.09 %
CHAMS	N 0.24	N 0.22	-0.02	-8.33 %
ROYALEX	N 1.36	N 1.26	-0.10	-7.35 %

Top Gainers

Symbols	Volume	Value
TRANSCORP	48381202.00	61433118.18
MTNN	20601952.00	5494941075.80
CONOIL	14343947.00	409104093.15
GTCO	13729757.00	328084274.55
FBNH	13536021.00	162456410.40

Nigerian Exchange Limited

Nigerian Stock Market Shed 0.07% Despite Investors Dumping N1.897 Billion on FBN Holdings

Published

2 days ago

May 19, 2022

Samed Olukoya

The Nigerian Exchange Limited (NGX) shed 0.07% in value on Wednesday to extend its decline despite investors dumping N1.897 billion shares of FBN Holdings Plc following as announcement it was acquiring Access Bank owned pension company.

Investors exchanged 611,973,850 shares valued at N 7.426 billion in 5,948 transactions during the trading hours of Wednesday. FBN Holdings led the most traded stocks with 153,336,385 shares worth N1,897,131,354.35. This was followed by Jaiz Bank and GTCo as shown in the table below.

Analysis of sectoral performance revealed that the banking index appreciated by 10 basis points on moderate gains in Zenith Bank and Fidelity Bank. Wema Bank dipped by 7.61%.

The consumer goods index also rose by 29 basis points as stocks of Champion, Unilever, PZ, Interbrew and Cadbury grew by 7.03%, 2.74%, 1.89%, 1.24% and 0.85%, respectively. Honey Flour shed 1.06%.

Also, the oil and gas index expanded its gain by 19 basis points on the back of slight gains in Oando (1.3%) and Seplat (o.o1%). However, the industrial index declined by 19 basis points on an 8.86% decline in BERGER, 4.14% in Cutix and 2.41% in Wapco.

The market capitalisation of all the listed equities depreciated to N28.423 trillion while the NGX All-Share Index lost 0.07% to close the day at 52,721.34 index points. A total of 21 stocks appreciated during the trading hours of Wednesday while 23 stocks lost points. The year-to-date gain moderated to 23.42%. See the details of top gainers and losers below.

Top Gainers

Symbols	Last Close	Current	Change	%Change
MCNICHOLS	N 1.61	N 1.77	0.16	9.94 %
TRANSCOHOT	N 4.88	N 5.36	0.48	9.84 %
CHAMPION	N 3.70	N 3.96	0.26	7.03 %
CHIPLC	N 0.61	N 0.65	0.04	6.56 %
MULTIVERSE	N 0.21	N 0.22	0.01	4.76 %

Top Losers

Symbols	Last Close	Current	Change	%Change
ACADEMY	N 1.51	N 1.36	-0.15	-9.93 %
BERGER	N 7.90	N 7.20	-0.70	-8.86 %
NEIMETH	N 1.75	N 1.60	-0.15	-8.57 %
MAYBAKER	N 4.70	N 4.30	-0.40	-8.51 %
WEMABANK	N 3.55	N 3.28	-0.27	-7.61 %

Top Trades

Symbols	Volume	Value
FBNH	153336385.00	1897131354.35
JAIZBANK	116641894.00	104480216.46
GTCO	65930061.00	1577428696.70
FCMB	43484514.00	152172006.66
TRANSCORP	40734151.00	57855266.09

Nigerian Exchange Limited

Equities Market Opens the Week in Red as Market Value Drops N83 Billion

Published

4 days ago

May 17, 2022

Samed Olukoya

The Nigerian equities market opens the new week in the red as investors continue to take profit following a N1.2 trillion profit recorded last week.

Investors traded 374,183,929 shares worth N4.964 billion in 6,854 transactions during the trading hours of Monday. Transcorp was the most traded stock with 88,586,250 shares worth N118,991,205.60. Jaiz Bank followed with 87,416,065 shares valued at N77,857,596.57.

Breaking down each sector, the banking index declined by 24 basis points as stocks of Unity Bank, United Bank for Africa, Zenith Bank and Fidelity Bank shed 5.56%, 1.25%, 0.61% and 0.27%, respectively. Gainers include Union Bank and Sterling Bank, both gained 1.55% and 1.32%, respectively.

Similarly, the consumer goods index shed 62bps on a broad-based selloff. Champion lost 9.84%, Interbrew declined by 9.09% and Flour Mills dipped by 1.69%. Cadbury, Unilever, PZ, Honey Flour and Nascon closed in the green.

The industrial index also post a decline as the index dropped 64bps on a 8.28% decline in Wapco.

However, the oil and gas index grew by 60bps on a 4.33% and 0.01% increase in values of Oando and Seplat, respectively.

Market capitalisation of all listed equities depreciated by N83 billion from N28.626 trillion it closed on Friday to N28.543 trillion on Monday. While the Nigerian Exchange Limited (NGX) All-Share Index dipped by 0.29% to 52,944.09 index points.

A total of 27 stocks recorded gains on Monday while 20 stocks closed in the red. See the details of top gainers and losers below.

Top Gainers

Symbols	Last Close	Current	Change	%Change
MCNICHOLS	N 1.34	N 1.47	0.13	9.70 %
NNFM	N 9.95	N 10.90	0.95	9.55 %
TRANSCORP	N 1.29	N 1.40	0.11	8.53 %
WAPIC	N 0.42	N 0.45	0.03	7.14 %
CHIPLC	N 0.57	N 0.61	0.04	7.02 %

Top Losers

Symbols	Last Close	Current	Change	%Change
CHAMPION	N 4.37	N 3.94	-0.43	-9.84 %
GLAXOSMITH	N 7.90	N 7.15	-0.75	-9.49 %
INTBREW	N 8.80	N 8.00	-0.80	-9.09 %
NEIMETH	N 1.92	N 1.76	-0.16	-8.33 %
WAPCO	N 31.40	N 28.80	-2.60	-8.28 %

Top Trades

Symbols	Volume	Value
TRANSCORP	88586250.00	118991205.60
JAIZBANK	87416065.00	77857596.57
ACCESSCORP	28751534.00	278563992.70
INTBREW	16211327.00	130237217.50
IKEJAHOTEL	11375705.00	12628074.12