Daily Financial Market Report

Daily Financial Market Report for February 10, 2021

Equities market continues Negative Trend…ASI Loses 196 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 1.96% to close at 40,696.01. Similarly, Market Capitalization decreased by N425 billion to close at N21.29 trillion while the Year-to-Date (YtD) returns settled at 1.06%.

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, Consumer goods and Industrial indices declined by 1.15%, 3.36%, 0.38% and 0.70% respectively, on the back of sell pressures recorded in the shares of CAP (-10.00%), DANGCEM (-7.39%), UBA (-5.75%), WAPCO (-4.87%), UCAP (-3.71), ACCESS (-2.35%), ZENITH (-1.94%), FBNH (-1.36%), GUARANTY (-1.22%) and MTNN (-0.56%) among others. While Oil and gas index advanced on the back of buy interests in the shares of OANDO (0.67%).

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) declined by 0.41% to close at 739.61. Consequently, Market Capitalization also declined by 0.41% to close at N530.68 billion. Market activity measured by aggregate volume increased by 1298.43% while value increased by 1707.46%. Investors traded a total of 677,540 units of shares valued at N65.57 mn in 10 deals.

Please find here our Daily Financial Market update for today, February 10th, 2021.

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Daily Financial Market Report for February 09, 2021

Equities market sustains Negative Trend…ASI Loses 13 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 0.13% to close at 41,510.16. Similarly, Market Capitalization decreased by N28 billion to close at N21.72 trillion while the Year-to-Date (YtD) returns settled at 3.08%.

Sectors performance was Significantly Bearish

Performance across sectors was significantly bearish as all 5 sectors closed in the red zone. Insurance, Banking, Oil and gas, Consumer goods and Industrial indices declined by 1.73%, 0.52%, 0.25%, 0.25% and 0.04% respectively, on the back of sell pressures recorded in the shares of NNFM (-9.94%), TRANSCORP (-2.91%), UCAP (-2.81%), DANGSUGAR (-1.75%), GUINNESS (-1.01), UACN (-0.61%), ACCESS (-0.58%), UBA (-0.57%), WAPCO (-0.56%), GUARANTY (-0.46%) and ZENITH (-0.19%) among others. 

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) advanced by 0.34% to close at 742.63. Consequently, Market Capitalization also advanced by 0.34% to close at N532.85 billion. Market activity measured by aggregate volume increased by 3.69% while value decreased by 40.46%. Investors traded a total of 48,450 units of shares valued at N3.63 mn in 7 deals.

Please find here our Daily Financial Market update for today, February 9th, 2021.

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Daily Financial Market Report for February 08, 2021

Equities market sustains Negative Trend…ASI Loses 35 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 0.35% to close at 41,564.31. Similarly, Market Capitalization decreased by N74 billion to close at N21.74 trillion while the Year-to-Date (YtD) returns settled at 3.21%.

Sectors performance was Significantly Bearish

Performance across sectors was significantly bearish as 4 out of 5 sectors closed in the red zone. Insurance, Banking, Oil and gas and Consumer goods indices declined by 0.84%, 2.68%, 0.01 and 0.26% respectively, on the back of sell pressures recorded in the shares of CHAMPION (-9.75%), GUARANTY (-8.75%), MAYBAKER (-5.10%), UCAP (-3.31%), UNILEVER (-2.05), FLOURMILL (-1.43%), ETERNA (-0.87%), CUSTODIAN (-0.83%), UACN (-0.61%), and DANGSUGAR (-0.25%) among others. While Industrial  sector closed in the green zone due to buy interests in the shares of TRANSCORP (2.00%) and WAPCO (0.75%).

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) advanced by 2.04% to close at 740.12. Consequently, Market Capitalization also advanced by 2.04% to close at N531.05 billion. Market activity measured by aggregate volume increased by 145.02% while value increased by 469.57%. Investors traded a total of 46,726 units of shares valued at N6.09 mn in 5 deals. 

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

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Daily Financial Market Report for February 05, 2021

Equities market closes Trading week on a Negative Note…ASI Loses 18 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 0.18% to close at 41,709.09. Similarly, Market Capitalization decreased by N40 billion to close at N21.81 trillion while the Year-to-Date (YtD) returns settled at 3.57%.

Sectors performance was Significantly Bearish

Performance across sectors was significantly bearish as 4 out of 5 sectors closed in the red zone. Insurance, Oil and gas, Industrial and Consumer goods indices declined by 1.03%, 0.13%, 0.26% and 0.94% respectively, on the back of sell pressures recorded in the shares of CHAMPION (-9.48%), DANGSUGAR (-8.33%), ACCESS (-3.93%), WAPCO (-3.62%), UBA (-3.43), ZENITH (-2.80%), FLOURMILL (-1.72%), FBNH (-1.36%), TOTAL (-0.70%), and MTNN (-0.55%) among others. While Banking sector closed in the green zone due to buy interests in the shares of GUARANTY (9.09%), JAIZ (5.88%) and UNITY (1.39%).

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) advanced by 16 basis points to close at 715.12. Consequently, Market Capitalization also advanced by 0.16% to close at N513.11 billion. Market activity measured by aggregate volume decreased by 98.07% while value decreased by 87.28%. Investors traded a total of 20,092 units of shares valued at N2.51mn in 10 deals. 

Please find here our Daily Financial Market update for today, February 5th, 2021.

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Daily Financial Market Report for February 04, 2021

Equities market closes on a Negative Note…ASI Loses 51 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 0.51% to close at 41,785.80. Similarly, Market Capitalization decreased by N112 billion to close at N21.97 trillion while the Year-to-Date (YtD) returns settled at 3.76%.

Sectors performance was Significantly Bearish

Performance across sectors was significantly bearish as 4 out of 5 sectors closed in the red zone. Insurance, Banking, Industrial and Consumer goods indices declined by 1.11%, 0.31%, 1.19% and 0.13% respectively, on the back of sell pressures recorded in the shares OF JAPAUL (-7.32%), HONYFLOUR (-6.04%), TRANSCORP (-3.85%), DANGCEM (-2.54%), UACN (-1.18), ZENITH (-1.11%), FBNH (-0.68%), UBA (-0.56%), FIDELITY (-0.56%), and GUARANTY (-0.15%) among others. While Oil and Gas sector closed in the green zone due to buy interests in the shares of ARDOVA (5.56%) and ETERNA (2.04%).

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) declined by 123 basis points to close at 714.01. Consequently, Market Capitalization also declined by 1.23% to close at N512.32 billion. Market activity measured by aggregate volume increased by 7,087.97% while value increased by 481.80%. Investors traded a total of 1,041,250 units of shares valued at N19.69mn in 9 deals. 

Please find here our Daily Financial Market update for today, February 4th, 2021.

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Daily Financial Market Report for February 03, 2021

Equities market closes on a Negative Note…ASI Loses 10 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 0.10% to close at 42,000.01. Similarly, Market Capitalization decreased by N22 billion to close at N21.97 trillion while the Year-to-Date (YtD) returns settled at 4.08%.

Sectors performance was Significantly Bearish

Performance across sectors was significantly bearish as all 5 sectors closed in the red zone. Insurance, Banking, Oil and Gas, Industrial and Consumer goods indices declined by 2.26%, 3.06%, 0.52%, 0.51% and 0.90% respectively, on the back of sell pressures recorded in the shares OF CHAMPION (-9.84%), UACN (-5.14%), JAPAUL (-3.41%), FLOURMILL (-3.03%), GUARANTY (-2.07%), FCMB (-1.19%), CUSTODIAN (-0.83%), WAPCO (-0.71%), ACCESS (-0.56%), and DANGSUGAR (-0.48%) among others. 

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) declined by 123 basis points to close at 714.01. Consequently, Market Capitalization also declined by 1.23% to close at N512.32 billion. Market activity measured by aggregate volume increased by 7,087.97% while value increased by 481.80%. Investors traded a total of 1,041,250 units of shares valued at N19.69mn in 9 deals. 

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

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Daily Financial Market Report for January 29, 2021

Equities market ends Trading week on a Positive Note…ASI Gains 58 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 0.58% to close at 42,412.66. Similarly, Market Capitalization increased by N127 billion to close at N22.19 trillion while the Year-to-Date (YtD) returns settled at 5.32%.

Sectors performance was Significantly Bullish

Performance across sectors was significantly bullish as 4 out of the 5 sectors closed in the green zone. Banking, Insurance, Consumer goods and Oil and gas indices advanced by 0.52%, 0.91%, 0.32% and 0.63% respectively, on the back of buy interests recorded in the shares OF ARDOVA (8.59%), VITAFOAM (6.91%), HONEYWELL (4.00%), MTNN (3.43%), UACN (2.45%), FCMB (2.42%), DANGSUGAR (1.92%), ETI (1.56%), GUARANTY (1.47%) and UBN (0.83%) among others. While Industrial (-0.08%) indices closed in the red zone due to sell pressures in the shares of TRANSCORP (-7.27%), CAP (-2.44%), WAPCO (-0.99%) and CUTIX (-0.44%) amongst others..

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) closed at 725.39. Consequently, Market Capitalization also closed negative at N520.48. Market activity measured by aggregate volume decreased by 89.75% while value decreased by 94.75%. Investors traded a total of 112,542 units of shares valued at N6.99 mn in 9 deals.

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

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Daily Financial Market Report for January 28, 2021

Equities market Sustains Positive Trend ……ASI Gains 57 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 0.57% to close at 42,169.41. Similarly, Market Capitalization increased by N124 billion to close at N22.06 trillion while the Year-to-Date (YtD) returns settled at 4.71%.

Sectors performance was Broadly Bullish

Performance across sectors was broadly bullish as 3 out of the 5 sectors closed in the green zone. Banking, Consumer goods and Industrial indices advanced by 2.11%, 0.94% and 0.21% respectively, on the back of buy interests recorded in the shares OF JBERGER (9.95%), UBN (6.14%), TRANSCORP (4.76%), GUINNESS (3.78%), ZENITH (3.03%), WAPCO (2.71%), GUARANTY (2.41%), UACN (1.88%), DANGSUGAR (1.21%) and UBA (0.56%)  among others. While Insurance (-0.56%) and Oil and Gas (-1.75%) indices closed in the red zone due to sell pressures in the shares of NIGERINS (-8.70%), MOBIL (-8.62%), VERITAS (-8.33%), NEM (-7.56%), CADBURY (-7.29%), LASACO (-6.67%), LIVESTOCK (-3.86%), ARDOVA (-2.78%), MBENEFIT (-2.13%) and FCMB (-1.20%) amongst others.

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) closed at 727.23. Consequently, Market Capitalization also closed negative at N521.80. Market activity measured by aggregate volume increased by 2299.35% while value increased by 2557.89%. Investors traded a total of 1,098,494 units of shares valued at N133.00 mn in 10 deals.

Please find here attached our Daily Financial Market update for today, January 28th, 2021.

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Daily Financial Market Report for January 18, 2021

Equities market Closes on a Negative Note ……ASI Loses 23 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 0.23% to close at 41,082.38. Similarly, Market Capitalization decreased by N39 billion to close at N21.49 trillion while the Year-to-Date (YtD) returns settled at 2.02%.

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 Oil and Gas indices advanced by 5.93%, 0.01% and 0.02% respectively, on the back of buy interests recorded in the shares CADBURY (10.00%), LIVESTOCK (9.95%), TRANSCORP (9.18%), MANSARD (5.62%), GUARANTY (1.82%), UACN (1.21%), VITAFOAM (1.10%), WAPCO (0.84%), ETI (0.77%) and OANDO (0.29%)  among others. While Industrial (-0.43%) and Consumer Goods (-0.62%) indices closed in the red zone due to sell pressure in the shares of JAPAUL (-6.58%), FLOURMILL (-5.49%), FBNH (-3.95%), FIDELITY (-1.81%), UBA (-1.62%), DANGSUGAR (-1.44%), ACCESS (-1.03%), DANGCEM (-1.01%), FCMB (-0.93%) and ZENITH (-0.57%) amongst others.

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) advanced by 0.60% to close at 744.46. Consequently, Market Capitalization also closed positive to close at N534.16. Market activity measured by aggregate volume increased by 208.61% while value decreased by 4.09%. Investors traded a total of  10.01mn units of shares valued at N10.76 mn in 2 deals.

Please find here attached our Daily Financial Market update for today, January 18th, 2020.

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Daily Financial Market Report for January 15, 2021

Equity market Closes on a Bullish Note ……ASI Gains 52 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 0.52% to close at 41,176.14. Similarly, Market Capitalization increased by N111 billion to close at N21.53 trillion while the Year-to-Date (YtD) returns settled at 2.25%.

Sectors performance was Significantly Bullish

Performance across sectors was significantly bullish as all 5 sectors closed in the green zone. Insurance, Banking, Industrial, and Consumer Goods indices advanced by 4.12%, 1.74%, 0.08% and 0.11% respectively, on the back of buy interests recorded in the shares UACN (10.00%), JAPAULGOLD (9.35%), FLOURMILL (9.33%), DANGSUGAR (2.21%), UBA (2.21%), ACCESS (2.11%), FBNH (1.33%), WAPCO (1.28%), MTNN (1.19%), and GUARANTY (0.15%) among others. While Oil and Gas index closed in the red zone due to sell pressure in the shares of DAARCOM (-10,00%), ARDOVA (-9.84%), STERLING (-1.96%), HONYFLOUR (-1.61%), JAIZ (-1.43%), CAVERTON (-1.00%), LEARNAFRICA (-1.00%), NAHCO (-0.89%), ZENITH (-0.38%) and UNILEVER (-0.37%) amongst others. 

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) as it advanced by 0.07% to close at 741.47. Consequently, Market Capitalization also closed positive to close at N53202. Market activity measured by aggregate volume decreased by 26.38% while value decreased by 7.19%. Investors traded a total of  35,000 units of shares valued at N4.56 mn in 9 deals.

Please find here attached our Daily Financial Market update for today, January 15th, 2020.

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