Daily Financial Market Report

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.

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.

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.

Equity market Closes on a Bullish Note ……ASI Gains 154 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 1.54% to close at 40,963.14. Similarly, Market Capitalization increased by N325 billion to close at N21.42 trillion while the Year-to-Date (YtD) returns settled at 1.72%.

Sectors performance was Significantly Bullish

Performance across sectors was significantly bullish as all 5 sectors closed in the green zone. Insurance, Oil and Gas, 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 MANSARD (9.42%), ARDOVA (9.25%), WAPCO (3.98%), ACCESS (3.83%), DANGSUGAR (3.56%), DANGCEM (3.04%), UBA (2.84%), FLOURMILL (2.39%), FBNH (2.04%), ZENITH (1.93%) and GUARANTY (1.85%) among 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 14th, 2020.

Equity market Closes on a Bullish Note ……ASI Gains 11 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 0.11% to close at 40,341.05. Similarly, Market Capitalization increased by N23 billion to close at N21.09 trillion while the Year-to-Date (YtD) returns settled at 0.17%.

Sectors performance was Significantly Bullish

Performance across sectors was significantly bullish as all 5 sectors closed in the green zone. Insurance, Oil and Gas, 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 MANSARD (9.52%), JAPAUL (9.48%), MOBIL (9.43%), FLOURMILL(6.93%), GUINNESS (1.61%), ARDOVA (1.52%), WAPCO (1.35%), ACCESS (1.10%), ZENITH (0.39%) and SEPLAT (0.08%) among others. 

NASD Market

The NASD market closed flat after today’s trading activities as the Unlisted Securities Index (USI) remained unchanged to close at 740.98. Consequently, Market Capitalization also remained unchanged to close at N531.67. Market activity measured by aggregate volume decreased by 97.09% while value increased by 150.11%. Investors traded a total of  47,544units of shares valued at N4.9 mn in 2 deals.

Please find here attached our Daily Financial Market update for today, January 13th, 2020.

Equity market Closes on a Bullish Note ……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 40,465.15. Similarly, Market Capitalization increased by N36 billion to close at N21.16 trillion while the Year-to-Date (YtD) returns settled at 50.75%.

Sectors performance was Significantly Bullish

Performance across sectors was significantly bullish as 4 out of the 5 sectors closed in the green zone. Insurance, Oil and Gas, Banking and Consumer Goods indices declined by 3.02%, 0.06%, 0.75%, 0.30% and 0.32% respectively, on the back of buy interests recorded in the shares JAPAUL (9.46%), REGALINS (9.09%), MANSARD (7.83%), VITAFOAM (2.86%), UBA (2.38%), OANDO (2.10%), ZENITH (2.03%), UCAP (1.63%), FBNH (0.69%) and FCMB (0.33%)  among others. While Industrial index remained unchanged.   

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) advanced by 0.14% to close at 742.72. Consequently, Market Capitalization also closed positive to close at N532.91. Market activity measured by aggregate volume decreased by 75.29% while value increased by 86.78%. Investors traded a total of 11,500units of shares valued at N574,400 in 3 deals.

Please find here attached our Daily Financial Market update for today, January 6th, 2020.

Dear Client/Reader,

Please find attached our Daily Financial Market update for today, October 7^th, 2020.

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Dear Client/Reader,

Please find attached our Daily Financial Market update for today, October 6^th, 2020.

Thank You.

Regards.

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Dear Client/Reader,

Bearish run persists…ASI waned by 31 Basis Points

The Nigerian Stock Exchange (NSE) closed bearish as the benchmark All Share Index (ASI) waned by 0.31% from 28,634.35 to close at 28,546.22. Market Capitalization decreased by N46 billion to close at N14.92 trillion while the Year-to-Date (YtD) closed at 6.35% from 6.68%.

Sectors performance was broadly bearish

Performance across sectors was broadly bearish. Three out of the five sectors on the NSE closed in the red zone today;, Industrial, Consumer Goods and Oil and Gas indices decreased by -2.72%, -1.30% and -0.53% respectively, owing to sell interests recorded in the shares of Buacement (-0.84%) and Dangcem (-4.75%); NB (-7.07 %); Oando (-2.55%) and Conoil (-5.57%) amongst others. However, the Banking (2.88%) and Insurance (1.29%) indices closed in the green zone due to buy interests in Access (4.64%) and Zenith (2.81%); Mansard (7.18%) and Wapic (5.56%).

NASD Market

The NASD market was bearish after today’s trading activities as the Unlisted Securities Index (USI) declined by 0.33% to close at 724.53. Consequently, Market Capitalization decreased by 0.33% to close at N532.22 billion. Market activity measured by aggregate volume decreased by 94.37%, while value fell by 95.82%. Investors traded a total of 41,240 units of shares valued at N3,219,740.00 in 11 deals. Two securities traded on the USI today, namely; Wamco Plc and CSCS Plc.

Please find attached our Daily Financial Market update for today, October 8^th, 2020.

Thank you.

Click here for our Daily Financial Market update.

Dear Client/Reader,

Week starts in the Green Zone…ASI increased by 211 Basis Points

The Nigerian Stock Exchange (NSE) closed bullish as the benchmark All Share Index (ASI) increased by 2.11% from 26,985.77to close at 27,554.56. Market Capitalization increased by N297 billion to close at N14.40 trillion while the Year-to-Date (YtD) closed at 2.65% from 0.54%.

Sectors performance was significantly bullish

Performance across sectors was significantly bullish. All five sectors on the NSE closed in the green zone today; Banking, Insurance, Oil and Gas, Consumer Goods and Industrial indices increased by 3.37%, 2.04%, 0.84%, 0.38% and 0.38% respectively, owing to buy interests recorded in the shares of Fbnh (6.73%) and Zenithbank (5.82%); Wapic (8.33%) and Cornerst (8.33%); Seplat (2.50%); Dangsugar (2.33 %) and Honeyflour (2.15%); Glaxosmith (10.00%) and Jberger (0.31%); amongst others.

NASD Market

The NASD market was bearish after today’s trading activities as the Unlisted Securities Index (USI) waned by 1.02% to 734.39. Consequently, Market Capitalization declined by 1.02% to N533.98 billion. Market activity measured by aggregate volume increased by 126.92% while value decreased by 49.75%. Investors traded a total of 64,491 units of shares valued at N3,869,840.00 in 6 deals. Three securities traded on the USI today, namely; Wamco Plc, NDEP Plc and CSCS Plc.

Please find attached our Daily Financial Market update for today, October 5^th, 2020.

Thank you.

Click here for our Daily Financial Market update.