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Equities market ends week on a Negative note…ASI Loses 20 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 0.20% to close at 39,216.20. Similarly, Market Capitalization decreased by N40 billion to close at N20.52 trillion while the Year-to-Date (YtD) returns settled at -2.62%.

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 0.48%, 0.51% and 0.08% respectively, on the back of buy interests recorded in the shares of GUINNESS (9.89%), UACN (8.75%), ETI (2.04%), WAPCO (1.65%), GUARANTY (1.28%), TRANSCORP (1.25%), FBNH (0.69%), ACCESS (0.60%), STERLING (0.60%) and UCAP (0.20%) among others. However, Insurance and Oil and gas indices declined by 0.39% and 0.20% respectively, on the back of sell pressures recorded in the shares of WAPIC (-7.27%), AFRINSURE (-4.76%) and OANDO (-1.79%).

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) increased by 0.29% to close at 725.91. Consequently, Market Capitalization also closed positive at N515.99 billion. Market activity measured by aggregate volume increased by 238.34% while value increased by 682.31%. Investors traded a total of 1,359,837 units of shares valued at N371 million in 5 deals. 

Please find here our Daily Financial Market update for today, March 26th, 2021.

Dear Client/Reader,

Please find here our Stock Price list for today,  March 26, 2021.

Equities market continues week on a Bullish note…ASI Gains 53 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 0.53% to close at 39,293.14. Similarly, Market Capitalization increased by N108 billion to close at N20.56 trillion while the Year-to-Date (YtD) returns settled at -2.43%.

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 Industrial indices advanced by 0.81%, 0.60% and 0.07% respectively, on the back of buy interests recorded in the shares of UPDCREIT (9.80%), STANBIC (9.18%), STERLING (9.09%), VITAFOAM (2.47%), FIDELITY (1.31%), MTNN (1.24%), ACCESS (1.22%), WAPCO (1.20%), GUARANTY (0.48%), and UCAP (0.39%) among others. However, Oil and Gas and Consumer goods indices declined on the back of sell pressures recorded in the shares of JAPAUL (-4.44%), DANGSUGAR (-2.67%), HONYFLOUR (-2.50%) and OANDO (-0.59%).

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) decreased by 0.32% to close at 723.79. Consequently, Market Capitalization also closed negative at N514.48 billion. Market activity measured by aggregate volume increased by 16.70% while value increased by 162.92%. Investors traded a total of 401,920 units of shares valued at N47.54million in 6 deals. 

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

Dear Client/Reader,

Please find here our Stock Price list for today,  March 25, 2021.

Equities market reverses to close on a Bearish note…ASI Loses 5 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 0.05% to close at 38,704.97. Similarly, Market Capitalization decreased by N9 billion to close at N20.25 trillion while the Year-to-Date (YtD) returns settled at -3.89%.

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 Consumer goods indices advanced by 0.64%, 0.13% and 0.11% respectively, on the back of buy interests recorded in the shares of CAP (10.00 %), JBERGER (9.89%), NB (2.13%), OANDO (1.63%), MANSARD (1.01%), FBNH (0.69%), ACCESS (0.61%), GUARANTY (0.48%), MTNN (0.13%) and STANBIC (0.11%) among others. However, Banking index declined by 0.65% on the back of sell pressures recorded in the shares of ETI (-5.88%), ZENITH (-2.22%), FCMB (-1.35%) and STERLING (-0.67%). Industrial Index remained unchanged.

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) increased by 1.51% to close at 721.48. Consequently, Market Capitalization also closed positive at N512.84 billion. Market activity measured by aggregate volume increased by 197,858.58% while value increased by 20,546.13%. Investors traded a total of 669,100 units of shares valued at N22.33 million in 16 deals. 

Please find here our Daily Financial Market update for today, March 23rd, 2021.

Dear Client/Reader,

Please find here our Stock Price list for today,  March 23, 2021.

quities market ends week on a Bearish note…ASI Loses 137 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 1.37% to close at 38,382.39. Similarly, Market Capitalization decreased by N278 billion to close at N20.08 trillion while the Year-to-Date (YtD) returns settled at -4.69%.

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 0.94%, 2.80% and 0.08% respectively, on the back of buy interests recorded in the shares of UCAP (7.37%), GUARANTY (4.03%), AIICO (3.33%), VITAFOAM (3.31%), UNITY (2.86%), ACCESS (2.55%), ZENITH (2.27%), FIDELITY (1.75%), FBNH (1.39%) and UBA (0.70%) among others. However, Industrial and Oil and Gas index declined by 0.22% and 4.40%, respectively on the back of sell pressures recorded in the shares of BUACEM (-6.42%), OANDO (-4.39%), DANGCEM (-3.42%) and MTNN (-1.81%).

NASD Market

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) increased by 0.20% to close at 710.73. Consequently, Market Capitalization also closed negative at N505.20 billion. Market activity measured by aggregate volume increased by 601.96% while value decreased by 90.48%. Investors traded a total of 249,000 units of shares valued at N848,619 in 4 deals. 

Please find here our Daily Financial Market update for today, March 19th, 2021.

Dear Client/Reader,

Please find here our Stock Price list for today,  March 19, 2021.

Equities market continues week on a Bullish note…ASI Gains 54 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 0.54% to close at 38,914.84. Similarly, Market Capitalization increased by N109 billion to close at N20.36 trillion while the Year-to-Date (YtD) returns settled at -3.37%.

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 Oil and gas indices declined by 0.78%, 0.24% and 0.13% respectively, on the back of sell pressures recorded in the shares of WAPIC (-9.09%), ABCTRANS (-6.67%), STERLING (-6.37%), HONYFLOUR (-5.60%), IKEJAHOT (-4.76%), JAIZ (-4.41%), OANDO (-3.04%), UNITY (-2.78%), TRANSCORP (-2.44%) and CHELLARAMS (-0.88%) among others. However, Banking and Industrial indices advanced on the back of buy interests recorded in the shares of ZENITH (7.07%), GUARANTY (6.43%), DANGSUGAR (6.25%), UCAP (4.40%), FIDELITY (4.11%), WAPCO (2.73%), VITAFOAM (2.72%), UBA (1.43%), ACCESS (0.64%) and FCMB (0.35%). 

NASD Market

The NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) decreased by 0.46% to close at 703.57. Consequently, Market Capitalization also closed negative at N500.10 billion. Market activity measured by aggregate volume increased by 956.30% while value decreased by 81.87%. Investors traded a total of 10,563 units of shares valued at N153, 691.21 in 1 deal. 

Please find here our Daily Financial Market update for today, March 18th, 2021.

Dear Client/Reader,

Please find here our Stock Price list for today,  March 18, 2021.