PageOne Markets Update: NSE Equity Market Mimics GDP Figure, Started The Week With A Drop 0.37%

Nomura

As trading has started at the The Exchange for today, here is PageOne Markets Update for yesterday:

Analyst view:

Activities on The Exchange start the week with a drop as most of the stock ended in Negative. Reports shows  that the market capitalisation which ended the previous week  at N9.32 trillion decline  by N34.73 billion or 0.37 per cent to close at NGN 9.28 trillion.

Also, the All-Share Index appreciated by 100.48 points or 0.37 per cent to close at 27,015.97 points, against 27,116.45 on.

Top gainer

Gainers for equities change this today  Stanbic  led the gainers’ table with a gain of N1.53 to close at N16.54 per share. DNmeyer also gained 0.06k to close at  79k, Fidson increased by 10k to close at N2.10 per share. Continsure gained 5k to close at N1.08 and Dangote sugar grew by 30k to close at N6.60 per share.

Top Losers

On the Losers chat,Reports shows that PZ  led the Losers  table with a loss of N1.14 to close at N21.81 per share. Union Dicon also may a loss of 65 k to close at N12.152 ,Zenith decline by 78k to close at N15.17 per share. Portland Paints also made a loss 10k to close at N1.96 while Ikeja Hotel made a lose of 10k to close at 2.01k per share.

Most active

UBA bank lead the most active sector  in term of volume of shares trade, accounting for 58.54m share value at N 252.41m  drop price by 5k,Transcorp trailed with an exchange of 37.40m valued at N44.41 million.

Most Traded

Zenith bank lead the most traded chart  in term of value trade, accounting for 35.36m share value at N 539.72m but decline by 0.78% to close at N15.17 FBNH trailed with an exchange of 26.94m valued at N101.96m and also drop 0.05% in price to close at N3.80

Top turnover

Zenith bank had the highest turnover of valued at NGN 539.72 million but decline by 78k to close at N15.17  also was Access bank with N443.72m, Guaranty also made a turnover of valued N465.03 million but drop  0.18% to close at N20.02 while FBNH closed with N101.96m and also drop 0.05% in price to close at NGN 3.80 million.

In all, a total of 559.07 million shares worth N3.592 billion were traded by investors in 4,902 deals, compared with 498.78 million shares valued at N2.73 billion which exchanged hands in 4,765 deals on Thursday.

ASI 27,015.97
DEALS 3,924.00
VOLUME 316,735,448.00
VALUE 1,909,853,087.42
CAP 9,278,618,214,596.13

The equity market capitalisation of NGN 9.28 trillion is 56.76% of the total market capitalisation NGN 16.38 trillion.

 

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