Daily Financial Market Report

Daily Financial Market Report for April 7, 2021

Equities market closes on a Positive note…ASI Gains 2 Basis Point

The Nigerian Stock Exchange (NSE) closed positive as bulls dominated proceedings in the market today. The benchmark All Share Index (ASI) appreciated marginally by 0.02% to close at 38,774.03. Similarly, Market Capitalization increased by N3 billion to close at N20.29 trillion while the Year-to-Date (YtD) returns settled at -3.72%.

Sectors performance was Significantly Bearish

Performance across sectors was significantly bearish as 4 out of the 5 sectors closed in the red zone. Insurance, Banking, Oil and gas and Industrial indices declined by 1.71%, 3.12%, 0.28% and 0.14% respectively, on the back of sell pressures recorded in the shares of STERLING (-9.47%), ZENITH (-4.11%), TRANSCORP (-3.66%), FIDELITY (-3.47%), GUARANTY (-3.28%), ACCESS (-2.47%), WAPCO (-2.33%), UBA (-0.83%), FBNH (-0.68%) and DANGSUGAR (-0.29%) among othersWhile Consumer goods sector advanced on the back of buy interests recorded in the shares of FLOURMILL (6.90%) and NESTLE (3.27%).

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) increased by 0.13% to close at 749.57. Consequently, Market Capitalization also closed positive at N532.80 billion. Market activity measured by aggregate volume increased by 28.73% while value increased by 92.61%. Investors traded a total of 109,420 units of shares valued at N27.09 million in 7 deals. 

Please find here our Daily Financial Market update for today, April 7th, 2021.

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Daily Financial Market Report for March 30, 2021

Equities market closes on a Negative note…ASI Loses 57 Basis Point

The Nigerian Stock Exchange (NSE) closed negative as bears dominated proceedings in the market today. The benchmark All Share Index (ASI) depreciated by 0.57% to close at 39,267.11. Similarly, Market Capitalization decreased by N118 billion to close at N20.54 trillion while the Year-to-Date (YtD) returns settled at -2.49%.

Sectors performance was Broadly Bearish

Performance across sectors was broadly bearish as 2 out of the 5 sectors closed in the red zone. Insurance and Industrial indices declined by 0.16% and 1.90% respectively, on the back of sell pressures recorded in the shares of ETI (-4.72%), SOVRENINS (-4.17%), DANGCEM (-4.02%), FIDELITY (-2.92%), JBERGER (-2.68%), TRANSCORP (-2.50%), JAPAUL (-2.22%), JAIZ (-1.56%), INTBREW (-0.87%) and DANGSUGAR (-0.61%) among othersHowever, Banking and Consumer goods indices advanced by 0.94% and 0.07% respectively, on the back of buy interests recorded in the shares of LIVESTOCK (9.66%), UBA (4.35%), UACN (3.45%), ZENITH (2.95%), CHAMPION (2.27%), CADBURY (1.85%), STERLING (1.80%), STANBIC (0.91%) and GUARANTY (0.15%). Oil and Gas index remained unchanged.

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) increased by 1.27% to close at 740.22. Consequently, Market Capitalization also closed positive at N526.16 billion. Market activity measured by aggregate volume decreased by 55.43% while value increased by 22.83%. Investors traded a total of 342,892 units of shares valued at N106 million in 13 deals. 

Please find here our Daily Financial Market update for today, March 30th, 2021.

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Daily Financial Market Report for March 29, 2021

Equities market resumes on a Positive note…ASI Gains 71 Basis Point

The Nigerian Stock Exchange (NSE) closed positive as bulls dominated proceedings in the market today. The benchmark All Share Index (ASI) appreciated by 0.71% to close at 39,493.37. Similarly, Market Capitalization increased by N145 billion to close at N20.66 trillion while the Year-to-Date (YtD) returns settled at -1.93%.

Sectors performance was Broadly Bullish

Performance across sectors was broadly bullish as 3 out of the 5 sectors closed in the green zone. Insurance, Banking and Consumer goods indices advanced by 0.56%, 2.06% and 0.19% respectively, on the back of buy interests recorded in the shares of CUSTODIAN (10.00%), GUARANTY (4.44%), WEMA (3.33%), MTNN (3.13%), WAPCO (2.56%), UCAP (2.34%), GUINNESS (2.33%), UACN (2.30%), UBA (1.47%) and DANGSUGAR (0.61%) among othersHowever, Oil and Gas and Industrial goods indices declined on the back of sell pressures recorded in the shares of OANDO (-6.06%) and DANGCEM (-0.44%).

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) increased by 0.69% to close at 730.93. Consequently, Market Capitalization also closed positive at N519.55 billion. Market activity measured by aggregate volume decreased by 43.42% while value decreased by 76.78%. Investors traded a total of 769,371 units of shares valued at N86.72million in 12 deals. 

Please find here our Daily Financial Market update for today, March 29th, 2021.

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Daily Financial Market Report for March 17, 2021

Equities market continues week on a Bearish note…ASI Loses 4 Basis Point

The Nigerian Stock Exchange (NSE) closed negative as bears dominated proceedings in the market today. The benchmark All Share Index (ASI) depreciated by 0.04% to close at 38,706.13. Similarly, Market Capitalization decreased by N7 billion to close at N20.25 trillion while the Year-to-Date (YtD) returns settled at -3.89%.

Sectors performance was Broadly Bearish

Performance across sectors was broadly bearish as 3 out of the 5 sectors closed in the red zone. Banking and Consumer goods indices declined by 1.03%, 0.42% and 0.02% respectively, on the back of sell pressures recorded in the shares of VITAFOAM (-5.16%), MANSARD (-5.05%), NEM (-4.57%), NAHCO (-4.55%), JAPAUL (-2.08%), FIDELITY (-1.79%), GUARANTY (-1.75%), WEMA (-1.67%), FBNH (-1.37%) and FCMB (-0.35%)  among others. However, Oil and Gas index advanced on the back of buy interests recorded in the shares of OANDO (9.67%) and SEPLAT (0.92%). Industrial Index remained unchanged.

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) decreased by 0.45% to close at 703.67. Consequently, Market Capitalization also closed negative at N500.17 billion. Market activity measured by aggregate volume increased by 956.30% while value increased by 2461.53%. Investors traded a total of 10,563 units of shares valued at N153,691 in 1 deals. 

Please find here our Daily Financial Market update for today, March 17th, 2021.

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Daily Financial Market Report for March 16, 2021

Equities market continues week on a Bullish note…ASI Gains 41 Basis Point

The Nigerian Stock Exchange (NSE) closed positive as bulls dominated proceedings in the market today. The benchmark All Share Index (ASI) appreciated by 0.41% to close at 38,720.81. Similarly, Market Capitalization increased by N83 billion to close at N20.26 trillion while the Year-to-Date (YtD) returns settled at -3.85%.

Sectors performance was Broadly Bullish

Performance across sectors was broadly bullish as 2 out of the 5 sectors closed in the green zone. Consumer goods and Industrial indices advanced by 0.23% and 1.70% respectively, on the back of buy interests recorded in the shares of REGALINS (10.00%), JAIZBANK (9.68%), GUINNESS (6.52%), UAC-PROP (3.95%), DANGCEM (3.55%), GLAXOSMITH (2.42%), MTNN (1.20%), AIICO (0.83%), STRELING (0.64%) and LIVESTOCK (0.55%) among others. However, Insurance and Banking indices declined on the back of sell pressures recorded in the shares of GUARANTY (-4.51%), ZENITH (-4.25%), FBNH (-2.72%), MBENEFIT (-2.56%), UCAP (-2.39), UBA (-2.08), FCMB (-1.38) and MANSARD (-1.00%). Oil and Gas Index remained unchanged.

NASD Market

The NASD market remained unchanged after today’s trading activities as the Unlisted Securities Index (USI) closed at 700.23. Consequently, Market Capitalization also remained unchanged to close at N502.42 billion. Market activity measured by aggregate volume decreased by 99.95% while value decreased by 99.98%. Investors traded a total of 1,000 units of shares valued at N6,000 in 1 deal. 

Please find here our Daily Financial Market update for today, March 16th, 2021.

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Daily Financial Market Report for March 08, 2021

Equities market closes Bullish…ASI Gains 17 Basis Point

The Nigerian Stock Exchange (NSE) closed positive as bulls dominated proceedings in the market today. The benchmark All Share Index (ASI) appreciated by 0.17% to close at 39,396.57. Similarly, Market Capitalization increased by N34 billion to close at N20.61 trillion while the Year-to-Date (YtD) returns settled at -2.17%.

Sectors performance was Broadly Bullish

Performance across sectors was broadly bullish as 3 out of the 5 sectors closed in the green zone. Insurance, Oil and gas and Industrial indices advanced by 1.26%, 1.01% and 0.47% respectively, on the back of buy interests recorded in the shares of ARDOVA (10.00%), OANDO (9.09%), WEMA (9.09%), WAPCO (8.11%), SOVRENINS (4.00%), TRANSCORP (3.70%), AIICO (3.45%), JAPAUL (2.04%), STERLING (2.04%) and ACCESS (1.28%) among others. However, Banking and Consumer goods indices declined on the back of sell pressures recorded in the shares of LIVESTOCK (-9.87%), UCAP (-4.38%), FIDELITY (-4.35%), CADBURY (-3.61%), AFRIPRUD (-3.36%), INTBREW (-1.80%), ZENITH (-1.58%) and GUARANTY (-0.65%). 

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) increased by 1.88% to close at 710.44. Consequently, Market Capitalization also closed positive at N509.75billion. Market activity measured by aggregate volume decreased by 36.01% while value decreased by 30.88%. Investors traded a total of 75,500 units of shares valued at N9.82 mn in 1 deal

Please find here our Daily Financial Market update for today, March 8th, 2021.

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Daily Financial Market Report for March 03, 2021

Equities market closes Bearish…ASI Loses 44 Basis Point

The Nigerian Stock Exchange (NSE) closed negative as bears dominated proceedings in the market today. The benchmark All Share Index (ASI) depreciated by 0.44% to close at 39,522.06. Similarly, Market Capitalization decreased by N92 billion to close at N20.68 trillion while the Year-to-Date (YtD) returns settled at -1.86%.

Sectors performance was Broadly Bearish

Performance across sectors was broadly bearish as 3 out of the 5 sectors closed in the red zone. Insurance, Consumer goods and Industrial indices declined by 0.86%, 0.45% and 0.41% respectively, on the back of sell pressures recorded in the shares of JAPAUL (-10.00%), PRESTIGE (-8.70%), WAPCO (-4.76%), TRANSCORP (-4.49%), UCAP (-3.87%), MTNN (-2.30%), FIDELITY (-2.13%), DANGSUGAR (-1.40%), ACCESS (-0.62%) and ZENITH (-0.39%) among others. However, Oil and Gas index advanced on the back of buy interests recorded in the shares of AIICO (5.22%). Banking Index remained unchanged.

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) decreased by 0.10% to close at 695.45. Consequently, Market Capitalization also closed negative at N498.99 billion. Market activity measured by aggregate volume decreased by 73.34% while value decreased by 39.66%. Investors traded a total of 20,614 units of shares valued at N2.30 mn in 6 deals. 

Please find here our Daily Financial Market update for today, March 3rd, 2021.

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Daily Financial Market Report for March 02, 2021

Equities market closes Bearish…ASI Loses 59 Basis Point

The Nigerian Stock Exchange (NSE) closed negative as bears dominated proceedings in the market today. The benchmark All Share Index (ASI) depreciated by 0.59% to close at 39,697.62. Similarly, Market Capitalization decreased by N122 billion to close at N20.77 trillion while the Year-to-Date (YtD) returns settled at -1.42%.

Sectors performance was Significantly Bearish

Performance across sectors was significantly bearish as 4 out of the 5 sectors closed in the red zone. Banking, Consumer goods, Oil and gas and Industrial indices declined by 0.12%, 3.86%, 0.88% and 0.41% respectively, on the back of sell pressures recorded in the shares of ARDOVA (-9.97%), WAPCO (-7.08%), NESTLE (-6.90%), FLOURMILL (-6.41%), FIDELITY (-3.29%), UACN (-3.13%), UBA (-2.40%), UCAP (-1.64%), ZENITH (-0.39%) and NASCON (-0.35%) among others. However, Insurance index advanced on the back of buy interests recorded in the shares of REGALINS (7.69%), PRESTIGE (6.98%), NEM (6.00%), and WAPIC (1.96%).

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) decreased by 1.73% to close at 696.13. Consequently, Market Capitalization also closed negative at N499.48 billion. Market activity measured by aggregate volume decreased by 79,56% while value decreased by 91.33%. Investors traded a total of 77,320 units of shares valued at N3.81 mn in 6 deals.

Please find here our Daily Financial Market update for today, March 2nd, 2021.

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Daily Financial Market Report for March 01, 2021

Equities market starts new month on a Bullish note…ASI Gains 33 Basis Point

The Nigerian Stock Exchange (NSE) closed positive as bulls dominated proceedings in the market today. The benchmark All Share Index (ASI) appreciated by 0.33% to close at 39,931.63. Similarly, Market Capitalization increased by N69 billion to close at N20.89 trillion while the Year-to-Date (YtD) returns settled at -0.84%.

Sectors performance was Broadly Bearish

Performance across sectors was broadly bearish as 3 out of the 5 sectors closed in the red zone. Insurance, Oil and gas and Consumer goods indices declined by 1.10%, 0.10 and 1.48% respectively, on the back of sell pressure recorded in the shares of PZ (-9.43%), LASACO (-8.94%), SOVERNINS (-7.41%), REGALINS (-7.14%), PRESTIGE (-6.52%), JAPAUL (-5.80%), WAPIC (-5.56%), MANSARD (-1.71%), OANDO (-1.16%) and DANGSUGAR (-0.83%) among others. However, Banking and Industrial sectors advanced on the back of buy interests recorded in the shares of BUACEM (3.82%), UBA (1.84%), WEMA (1.59%), ZENITH (1.38%) and ETI (0.96%)..

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) decreased by 0.77% to close at 708.39. Consequently, Market Capitalization also closed negative at N508.28 billion. Market activity measured by aggregate volume increased by 17,827.73% while value increased by 27,252.92%. Investors traded a total of 756,550 units of shares valued at N87.97 mn in 18 deals. 

Please find here our Daily Financial Market update for today, March 1st, 2021.

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Daily Financial Market Report for February 25, 2021

Equities market closes Bearish…ASI Loses 31 Basis Point

The Nigerian Stock Exchange (NSE) closed negative as bears dominated proceedings in the market today. The benchmark All Share Index (ASI) depreciated by 0.31% to close at 40,095.49. Similarly, Market Capitalization decreased by N65 billion to close at N20.98 trillion while the Year-to-Date (YtD) returns settled at -0.44%.

Sectors performance was Significantly Bearish

Performance across sectors was significantly bearish as 3 out of the 5 sectors closed in the red zone. Banking, Oil and gas and Consumer goods indices declined by 1.44%,  0.15% and 0.79% respectively, on the back of sell pressures recorded in the shares of ACCESS (-5.29%), TRANSCORP (-4.26%), UBA (-4.09%), UCAP (-3.85%), NB (-3.70%), FCMB (-2.57%), OANDO (-1.76%), ZENITH (-1.71%), DANGSUGAR (-1.10%) and FBNH (-0.68%) among others. However, Insurance advanced on the back of buy interests recorded in the shares of PRESTIGE (4.55%), WAPIC (3.70%) and MANSARD (0.90%). Industrial Index remained unchanged.

NASD Market

The NASD market remained unchanged after today’s trading activities as the Unlisted Securities Index (USI) closed at 713.91. Consequently, Market Capitalization also closed unchanged at N512.24 billion. Market activity measured by aggregate volume decreased by 87.84% while value decreased by 84.56%. Investors traded a total of 4,998 units of shares valued at N662,700 in 2 deals. 

Please find here our Daily Financial Market update for today, February 25th, 2021.

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