Daily Financial Market Report

Dear Client/Reader,

Bullish Trend Continues…ASI increased by 57 Basis Points

The Nigerian Stock Exchange (NSE) closed bullish as the benchmark All Share Index (ASI) increased by 0.57% from 26,831.76 to close at 26,985.77. Market Capitalization increased by N80 billion to close at N14.10 trillion while the Year-to-Date (YtD) closed at 0.54% from -0.04%.

Sectors performance was significantly bullish

Performance across sectors was significantly bullish. Four sectors out of the five sectors closed in the green zone today; Banking, Industrial, Consumer Good and Oil & Gas indices increased by 1.59%, 0.45%, 0.32% and 0.15% respectively, owing to buy interests recorded in the shares of Guaranty (3.39%) and Zenithbank (1.12%); Wapco (1.00%) and Dangcem (0.77%); Dangsugar (4.03%) and Honyflour (1.09%), Oando (1.78%); amongst others. However, the Insurance index (-1.70%) closed in the red zone due to sell interest in the shares of Wapic (-2.70%) and Aiico (-2.44%) and others.

NASD Market

The NASD market was bullish after today’s trading activities as the Unlisted Securities Index (USI) increased by 0.25% to 734.39. Consequently, Market Capitalization improved by 0.25% to N539.46 billion. Market activity measured by aggregate volume waned by 40.11% while value climbed by 34.51%. Investors traded a total of 28,420 units of shares valued at N7,701,275.50 in 10 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 2^nd, 2020.

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Dear Client/Reader,

Bullish Trend Continues…ASI increased by 83 Basis Points

The Nigerian Stock Exchange (NSE) closed bullish as the benchmark All Share Index (ASI) increased by 0.83% from 26,611.96to close at 26,831.76. Market Capitalization increased by N116 billion to close at N14.02 trillion while the Year-to-Date (YtD) closed at -0.04% from -0.86%.

Sectors performance was significantly bullish

Performance across sectors was significantly bullish. Four sectors out of the five sectors closed in the green zone today; Banking, Industrial, Insurance and Oil & Gas indices increased by 1.93%, 1.40%, 0.31% and 0.05% respectively, owing to buy interests recorded in the shares of Sterlnbank (4.9%) and Zenithbank (2.00%); Dangcem (2.81%) and Jberger (0.31%); Wapic(5.71%); Total (10.00%) and Eterna (9.60%); amongst others. However, the Consumer Good index closed in the red zone due to sell interest in the shares of NB (-6.76%) and Dangsugar (-0.80%).

NASD Market

The NASD market was bearish after today’s trading activities as the Unlisted Securities Index (USI) decreased by 0.26% to 733.74. Consequently, Market Capitalization contracted by 0.26% to N538.98 billion. Market activity measured by aggregate volume fell by 97.86% while value declined by 98.79%. Investors traded a total of 47,450 units of shares valued at N5,725,490.00 in 7 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, September 30^th, 2020.

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Dear Client/Reader,

Bullish Trend Continues…ASI surged by 39 Basis Points

The Nigerian Stock Exchange (NSE) closed bullish as the benchmark All Share Index (ASI) increased by 0.39% from 26,507.84 to close at 26,611.96. Market Capitalization increased by N54 billion to close at N13.90 trillion while the Year-to-Date (YtD) closed at -0.86% from -1.25%.

Sectors performance was significantly bullish

Performance across sectors was significantly bullish. All five sectors closed in the green zone today; Industrial, Banking, Oil & Gas, Insurance and  Consumer Goods indices increased by 0.83%, 0.40%, 0.26%, 0.24% and 0.07% respectively, owing to buy interests recorded in the shares of Buacement  (3.34%) and Vitafoam (0.84%); Sterlnbank (2.52%) and Zenithbank (1.16%); Seplat (0.50%) and Oando (0.45%); Aiico (6.33%) and Mansard (3.26%); Honyflour (2.22%) and Dangsugar (1.63%) amongst others..

NASD Market

The NASD market was bullish after today’s trading activities as the Unlisted Securities Index (USI) increased by 0.35% to 735.65. Consequently, Market Capitalization improved by 0.35% to N540.39 billion. Market activity measured by aggregate volume climbed by 5,835.55% while value surged by 11,199.04%. Investors traded a total of 2,213,010 units of shares valued at N472,610,155.60 in 13 deals. Four securities traded on the USI today, namely; Wamco Plc, Afriland Plc, NDEP Plc and CSCS Plc.

Please find attached our Daily Financial Market update for today, September 29^th, 2020.

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Dear Client/Reader,

All sectors closed in the green zone…ASI surged by 72 Basis Points

The Nigerian Stock Exchange (NSE) closed bullish as the benchmark All Share Index (ASI) increased by 0.72% from 26,319.34 to close at 26,507.84. Market Capitalization increased by N98 billion to close at N13.85 trillion while the Year-to-Date (YtD) closed at -1.25% from -1.95%.

Sectors performance was significantly bullish

Performance across sectors was significantly bullish. All five sectors closed in the green zone today; Oil & Gas, Insurance, Consumer Goods, Industrial and Banking indices increased by 1.33%, 1.02%, 0.53%, 0.53% and 0.26% respectively, owing to buy interests recorded in the shares of Total (10.00%) and Oando (9.85%); Mbenefit (5.00%) and Chiplc (8.82%); Champion (9.88%) and Intbrew (8.33%); Wapco (6.31%) and Buacement (4.80%); Fbnh (3.88%) and Ubn  (3.00%) amongst others.

NASD Market

The NASD market was bullish after today’s trading activities as the Unlisted Securities Index (USI) increased by 0.07% to 733.11. Consequently, Market Capitalization improved by 0.07% to N538.52 billion. Market activity measured by aggregate volume surged by 645.68% while value increased by 508.40%. Investors traded a total of 37,284 units of shares valued at N4,182,747.34 in 7 deals. Three securities traded on the USI today, namely; Wamco Plc, UBN prop and CSCS Plc.

Please find attached our Daily Financial Market update for today, September 28^th, 2020.

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Dear Client/Reader,

Bullish trend still persists…ASI surged by 128 Basis Points

The Nigerian Stock Exchange (NSE) closed bullish as the benchmark All Share Index (ASI) increased by 1.28% from 25,987.14 to close at 26,319.34. Market Capitalization increased by N173 billion to close at N13.75 trillion while the Year-to-Date (YtD) improved as it closed at -1.95%.

Sectors performance was significantly bullish

Performance across sectors was significantly bullish as four sectors closed in the green zone today. The Consumer Goods, Banking, Industrial and Insurance indices increased by 2.45%, 2.01%, 1.58% and 0.44% respectively, owing to buy interests recorded in the shares of Nb (9.82%) and Flourmill (6.70%);  Guaranty (3.85%) and Stanbic (3.58%); Wapco (8.51%) and Dangcem (2.28%); Cornerst (9.23%). However, Oil & Gas declined by 0.51% due to sell interests in the shares of Oando (-9.78%) amongst others. 

NASD Market

The NASD market was bullish after today’s trading activities as the Unlisted Securities Index (USI) increased by 1.32% to 732.57. Consequently, Market Capitalization improved by 1.32% to N538.12 billion. Market activity measured by aggregate volume went down by 99.52% while value declined by 93.32%. Investors traded a total of 5000 units of shares valued at N687,500.00 in 1 deal. Wamco Plc was the only traded security in the NASD today.

Please find attached our Daily Financial Market update for today, September 25^th, 2020.

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Dear Client/Reader,

Bullish trend still persists…ASI Increases by 79 Basis Points

The Nigerian Stock Exchange (NSE) closed bullish as the benchmark All Share Index (ASI) increased by 0.79% from 25,783.02 to close at 25,987.14. Market Capitalization increased by N106 billion to close at N13.58 trillion while the Year-to-Date (YtD) returns settled at -3.19%.

Sectors performance was broadly bullish

Performance across sectors was broadly bullish as three sectors closed in the green zone today. The Consumer Goods, Banking and Industrial indices increased by 2.09%, 1.59% and 0.86% respectively, owing to buy interests recorded in the shares of Nb (10.00%), Dangsugar (2.88%) and Flourmill (0.75%);  Access (3.17%), Ucap (2.24%), Fbnh (2.00%) and Guaranty (1.96%); Wapco (6.82%), Fidson (0.86%). However, Oil & Gas and Insurance declined by 0.68% and 0.18% due to sell interests in the shares of Ardova (-9.65%) amongst others. 

NASD Market

The NASD market was bearish after today’s trading activities as the Unlisted Securities Index (USI) decreased by 0.55% to 723.01. Consequently, Market Capitalization declined by 0.55% to N531.01 billion. Market activity measured by aggregate volume increased by 2.06% while value improved by 351.62%. Investors traded a total of 1,031,580 units of shares valued at N10,293,794.00 in 5 deals. The traded securities today includes; Wamco Plc, NDEP Plc and Food CPT.

Please find attached our Daily Financial Market update for today, September 24^th, 2020.

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Dear Client/Reader,

Bullish trend persists…ASI Increases by 50 Basis Points

The Nigerian Stock Exchange (NSE) closed bullish as the benchmark All Share Index (ASI) increased by 0.50% from 25,654.90 to close at 25,783.02. Market Capitalization increased by N66.9 billion to close at N13.47 trillion while the Year-to-Date (YtD) returns settled at -3.95%.

Sectors performance was significantly bullish

Performance across sectors was significantly bullish as all five sectors closed in the green zone today. The Oil and Gas, Consumer Goods, Insurance, Banking and Industrial indices increased by 2.02%, 1.35%, 1.09%, 0.65% and 0.09% respectively, owing to buy interests recorded in the shares of Seplat (3.90%) and Mobil (0.31%); Nb (3.57%) and Intbrew (9.09%); Prestige (9.09%) and Cornerst (8.33%); Zenith (1.80%) and Fidelitybk (1.69%) amongst others.

NASD Market

The NASD market was flat after today’s trading activities as the Unlisted Securities Index (USI) remained unchanged at 727.03. Consequently, Market Capitalization remained at N534.05 billion. Market activity measured by aggregate volume decreased by -90.93% while value decreased by -90.03%. Investors traded a total of 1,010,717 units of shares valued at N2,279,281.00 in 9 deals. The traded securities today includes; CSCS Plc, Wamco Plc, NDEP Plc and Food CPT.

Please find attached our Daily Financial Market update for today, September 23^rd, 2020.

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Dear Client/Reader,

The Bulls regained position…ASI increases by 31 Basis Points

The Nigerian Stock Exchange (NSE) closed bullish as the benchmark All Share Index (ASI) increased by 0.31% from 25,574.35 to close at 25,654.90. Market Capitalization increased by N42billion to close at N13.40 trillion while the Year-to-Date (YtD) returns settled at -4.42%. 

Sectors performance was significantly bearish

Performance across sectors was significantly bearish as all five sectors closed in the red zone today. The Insurance, Banking, Oil and Gas, Industrial and Consumer Goods indices declined by -1.11%, -0.60%, -0.15%, -0.11% and -0.10% respectively, owing to sell interests recorded in the shares of Cornerst (-6.25%), Linkassure (-5.00%); Ubn (-6.54%), Access (-1.56%); Oando (-1.74%); Uacn (-1.56%) and Intbrew (-2.94%), Honeyflour (-2.17%).

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) decreased by 0.25% from 728.86 to close at 727.03. Consequently, Market Capitalization decreased to N534.05 billion, as opposed N535.40 yesterday. Market activity measured by aggregate volume increased by 32831.54% while value increased by 10732.85%. Investors traded a total of 11,147,327 units of shares valued at N22,854,597.00 in 11 deals. The traded securities today includes; CSCS Plc, Wamco Plc, NDEP Plc and Nipco Plc, amongst others.

Please find attached our Daily Financial Market update for today, September 2^2nd, 2020.

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Dear Client/Reader,

Market Closed Flat…ASI increases by 1 Basis Point

The Nigerian Stock Exchange (NSE) closed flat as the benchmark All Share Index (ASI) increased marginally by 0.01% to close at 25,574.35. Market Capitalization increased by N929 million to close at N13.365 trillion while the Year-to-Date (YtD) returns settled at -4.72%.

Sectors performance was broadly bullish

Performance across sectors was broadly bullish as three sectors closed in the green zone today. The Insurance, Industrial and Consumer Goods indices increased by 1.36%, 0.19% and 0.08% respectively, owing to  buy interests recorded in the shares of Wapic (8.11%), Mbenefit (5.00%) and Cornerst (4.92%); Uacn (4.13%). Conversely, Banking indices declined by 0.30%, on the back of selloffs recorded in the shares of Sterlnbank (-1.68%), Access (-0.78%) and Guaranty (-0.39%). However, Oil and Gas remained unchanged.

NASD Market

The NASD market increased after today’s trading activities as the Unlisted Securities Index (USI) increased by 1.23% from 720.02 to close at 728.86. Consequently, Market Capitalization increased to N535.40 billion, as opposed N528.90 last friday. Market activity measured by aggregate volume decreased by 34.17% while value decreased by 93.68%. Investors traded a total of 33,850 units of shares valued at N210,975.00 in 4 deals. The traded securities today includes; Afriland Plc, CSCS Pls, Wamco Plc.

Please find attached our Daily Financial Market update for today, September 21^st , 2020.

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Dear Client/Reader,

Bulls took Over…ASI increases by 15 Basis Points

The Nigerian Stock Exchange (NSE) closed positive as the bulls dominated proceedings in the market today. The benchmark All Share Index (ASI) surged by 0.15% to close at 25,572.57. Market Capitalization increased by N20.49 billion to close at N13.36 trillion while the Year-to-Date (YtD) returns settled at -4.73%.

Sectors performance broadly bullish

Performance across sectors was broadly bullish as two sectors closed in the green zone. Consumer Goods and Banking indices increased by 0.59% and 0.30% respectively, on the back of buy interests recorded in the shares of Dangsugar (7.14%); Access (1.57%) and Unitybnk (5.56%). Conversely, Insurance indices declined by 0.30%, on the back of selloffs recorded in the shares of Cornerst (-1.67%). However, Oil and Gas as well as Industrial remained unchanged.

NASD Market

The NASD market was unchanged after today’s trading activities as the Unlisted Securities Index (USI) closed at 720.02. Consequently, Market Capitalization also remained the same at N528.9 billion. Market activity measured by aggregate volume decreased by 96.14% while value decreased by 84.16%. Investors traded a total of 51,418 units of shares valued at N3.34 million in 1 deal. Only one security traded on the NASD platform today; Nipco Plc.

Please find attached our Daily Financial Market update for today, September 18, 2020.

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