Daily Financial Market Report

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.

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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.

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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.

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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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