Tag: NSE

  • NSE market capitalization appreciates by 0.35%

    Transactions on the Nigerian Stock Exchange (NSE) remained steady on Thursday with the All-Share Index improving by 0.35 per cent due to gains recorded by major petroleum equities.

    The index increased by 94.68 points or 0.35 per cent to close at 26,782.93 against 26,688.25 posted on Wednesday.

    In the same vein, the market capitalisation, which opened at N9.182 trillion rose by N33 billion to close at N9.215 trillion.

    Total led the gainers’ table, growing by N11.88 to close at N299 per share.

    Seplat followed with a gain of N9.49 to close at N379 and Guaranty Trust Bank gained N1.35 to close at N24.74 per share.

    Okomu Oil added 65k to close at N40.17, while Ashaka Cement grew by 57k to close at N12.02 per share.

    On the other hand, Forte Oil topped the losers’ chart with a loss of N10.07 to close at N93.54 per share.

    Mobil trailed with a loss of N2 to close at N290 and Stanbic IBTC shed 66k to close at N15 per share.

    Access Bank was down by 19k to close at N5.78, while Champion Breweries declined by 12k to close at N2.38 per share.

    However, the volume of shares traded closed lower, dropping by 10.89 per cent as investors staked N877.63 million on 117.40 million shares transacted in 2,392 deals.

    This was in contrast with a turnover of 131.74 million shares valued at N1.25 billion achieved in 2,257 deals on Wednesday.

    FCMB Group was the toast of investors, having sold 12.77 million shares worth N13.89 million.

    Zenith Bank accounted for 11.76 million shares valued at N174.15 million, while FBN Holdings exchanged 11.61 million shares worth N40.31 million.

    GT Bank sold 10.10 million shares valued at N249.22 million and Diamond Bank traded 9.16 million shares worth N8.16 million.

  • NSE market capitalization appreciates by 0.08%

    Transactions on the Nigerian Stock Exchange (NSE) closed for Christmas holidays on Friday on a bullish posture with the All-Share Index appreciating by 0.08 per cent.

    The index rose by 21.20 points or 0.08 per cent to close at 26,486.02 against 26,464.82 achieved on Thursday.

    Also, the market capitalisation, which opened at N9.105 trillion, appreciated by N8 billion or 0.09 per cent to close at N9.113 trillion.

    Forte Oil led the gainers’ table with a gain of N9.65 to close at N103.87 per share.

    Total came second on the gainers’ table, appreciating by N6.90 to close at N284 and Dangote Cement grew by N3.96 to close at N174 per share.

    CAP garnered N1 to close at N32, while Stanbic IBTC inched 71k to close at N14.92 per share.

    On the other hand, Nigerian Breweries topped the losers’ chart, dropping by N 4.45 to close at N137.55 per share.

    Guinness dropped N4.43 to close at N84.30 and Conoil decreased by N1.97 to close at N37.48 per share.

    GTBank lost N1.23 to close at N23.43, while Cadbury shed N1.07 to close at N10.03 per share.

    Transcorp drove the volume of shares traded with a turnover of 26.55 million shares worth N22.65 million.

    UBA accounted for 23.51 million shares valued at N105.93 million, while Champion Breweries sold 22.06 million shares worth N52.49 million.

    GTBank traded 14.35 million shares worth N339.979 million and Sterling Bank transacted 7.55 million valued at N6.21 million.

    Over all, investors bought and sold a total of 139.09 million shares worth N1.43 billion exchanged in 1,703 deals.

    This was in contrast with a total of 188.68 million shares valued at N1.39 billion achieved in 1,703 deals on Thursday.

     

     

    NAN

  • NSE market capitalization dips by 0.45%

    Trading activities on the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a negative trend with market indices dropping by 0.45 per cent due to sell pressure, halting a seven-day consecutive upward movement.

    The All-Share Index dipped 120.54 points or 0.45 per cent to close at 26,586.56 against 26,707.10 recorded on Friday.

    Also, the market capitalisation shed N42 billion or 0.46 per cent to close at N9.147 trillion compared with N9.189 trillion achieved on Friday.

    Seplat recorded the highest price loss to lead the losers’ table, dropping by N20 to close at N390 per share.

    Forte Oil lost N11.33 to close at N104.91 and MRS shed N2.27 to close at N43.24 per share.

    Unilever dipped N1.97 to close at N37.60 and ETI was down by 0.59k to close at N11.45 per share.

    Market watchers attributed the development to investors’ disposition for profit to prepare for Yuletide.

    They noted that the market would likely be dominated with profit taking throughout this week in preparation for the festive period.

    On the other hand, Guinness led the gainers’ chart with a gain of N7.40 to close at N85 per share.

    It was trailed by Total, having gained N2.87 to close at N280, and Julius Berger garnered N1.75 to close at N36.75 per share.

    Dangote Sugar inched 0.25k to close at N6.35, while NASCON increased by 0.22k to close at N7.22 per share.

    Also, the volume of shares traded closed lower as investors bought and sold 262.89 million shares valued at N1.75 billion transacted in 2,789 deals.

    This was against a total of 874.34 million shares worth N4.39 billion traded in 3,387 deals on Friday.

    NASCON emerged the most traded, accounting for73.58 million shares valued at N531.06 million.

    UBA sold 58.86 million shares worth N263.49 million and Diamond Bank accounted for 32.12 million shares valued at N27.69 million.

    Zenith Bank traded N18.82 million worth N270.99 million and investors staked N41.32 million on 11.84 million shares of FBN Holdings.

     

     

    NAN

  • NSE market capitalization appreciates by 0.57%

    Activities on the floor of the Nigerian Stock Exchange, NSE on Thursday consolidated on its upward rally for the sixth consecutive day in a row with the market indicators appreciating by 0.57 per cent.

    The All-Share Index gained 151.37 points or 0.57 per cent to close at 26,559.01 compared to 26,407.64 posted on Wednesday.

    Similarly, the market capitalisation rose by N52.07 billion, representing a growth of 0.57 per cent to close at N9.138 trillion against N9.086 trillion achieved on Wednesday.

    The upturn was largely boosted by value appreciation recorded in some medium and large capitalised stocks, which included Seplat, Guinness, Zenith Bank and ETI, among others.

    Seplat for the third consecutive day led the gainers’ chart with a gain N10 to close at N410 per share.

    Guinness came second with N2 to close at N77.60 and Guaranty Trust Bank improved by N1.09 to close at N25.60 per share.

    ETI increased by 53k to close at N11.15, while Stanbic IBTC chalked up 51k to close at N15.01 per share.

    On the other hand, Mobil recorded the highest loss to lead the losers’ table, dropping by N14.95 to close at N284.05 per share.

    Total lost N12.77 to close at N277.13 and Nigerian Breweries dipped N1.05 to close at N142 per share.

    Okomu Oil shed 39k to close at N40.13, while Forte Oil dropped 32k to close at N128.78 per share.

    International Energy Insurance emerged the most traded equity with a turnover of 37.84 million shares worth N18.92 million.

    UBA followed on the activity chart with 29.63 million shares valued at N131.56 million, while FBN Holdings sold 24.05 million shares worth N85.43 million.

    Zenith Bank accounted for 20.75 million valued at N304.98 million and FCMB Group traded 13.19 million shares worth N14.81 million.

    The total volume of shares bought and sold by investors closed lower with a total of 199.98 million shares valued at N1.50 billion achieved in 3,313 deals.

    This was in contrast with a turnover of 205.40 million shares worth N4.28 billion exchanged in 3,275 deals on Wednesday.

  • NSE market capitalization appreciates as OPEC cut output oil deal

    Activities on the Nigerian Stock Exchange (NSE) on Wednesday sustained positive growth with the market capitalisation appreciating by N116 billion due to global oil jump on OPEC output deal.

    The market capitalisation, which opened at N8.970 trillion, inched N116 billion or 1.29 per cent to close higher at N9.086 trillion.

    Also, the All-Share Index appreciated by 336.48 points or 1.29 per cent to close at 26,407.64 against 26,071.16 recorded on Tuesday.

    Mr Ambrose Omordion, the Chief Operating Officer, InvestData Ltd., attributed investors’ positive sentiment to OPEC and non-OPEC countries agreement to cut oil production and supply in the first quarter of 2017.

    Omordion said that the development led to recent rally being experienced by petroleum stocks with expectations that the production cut would support oil price stability above 52 dollars per barrel.

    Seplat for the second consecutive day topped the gainers’ chart, growing by N25.15 to close at N400 per share.

    Forte Oil trailed with a growth of N11.99 to close at N129.11, while Dangote Cement rose by N3.02 to close at N165.02 per share.

    Glaxosmithkline gained N1 to close at N15 and International Breweries was up by 89k to close at N18.94 per share.

    On the other hand, Nigerian Breweries led the laggards’ table with a loss of N1.96 to close at N143.05 per share.

    Unilver came second with a loss of N1.14 to close at N43.84, while Mobil Oil dipped N1 to close at N299 per share.

    Beta Glass dropped 99k to close at N32, while Champion Breweries declined by 11k to close at N2.50 per share.

    Investors staked N4.28 billion on 205.40 million shares exchanged in 3,275 deals.

    This was in contrast with a turnover of 376.69 million shares valued at N2.41 billion transacted in 2,885 deals on Tuesday.

    The banking stocks remained the toast of investors with UBA leading the activity chart with 54.69 million shares worth N235.89 million.

    Diamond Bank sold 22.01 million shares valued at N419.33 million and Zenith Bank accounted for 21.19 million shares worth N306.67 million.

  • NSE market capitalisation appreciates by N23bn

    The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday closed on a positive trend, appreciating by N23 billion due to gains recorded by some blue chips on the NSE floor.

    The market capitalisation which opened at N8.833 trillion inched N23 billion or 0.26 per cent to close at N8.856 trillion.

    Similarly, the All-Share Index improved by 65.38 points or 0.25 per cent to close at 25,739.18, in contrast with the 25,673.80 recorded on Wednesday.

    A breakdown of the price movement table indicated that Forte Oil recorded the highest price gain, leading the gainers’ pack with N8.95 to close at N96.37 per share.

    Dangote Cement chalked up N1.84 to close at N160 and UACN gained 40k to close at N16.50 per share.

    Zenith Bank rose by 25k to close at N14.50, while Flour Mill appreciated by 19k to close at N18.49 per share.

    On the other hand, major petroleum stocks recorded price depreciation due to profit taking, with Total leading the losers’ table with a loss of N27.56, to close at N276.05 per share.

    Mobil shed N16.16 to close at N307.15, while Unilever lost N2 to close at N46 per share.

    International Breweries dipped 95k to close at N18.05 and Guinness lost 84k to close at N77.90 per share.

    Diamond Bank was the most traded equity with a total of 80.27 million shares valued at N64.29 million.

    International Breweries came second with 16.47 million shares worth N297.19 million and Transcrop sold 11.41 million shares valued at N9.88 million.

    Investors staked N39.93 million on 11.28 million shares of FBN Holdings, while UBA sold 9.03 million shares valued at N39.19 million.

    In all, the volume of shares traded dipped by 35.10 per cent as investors bought and sold 165.99 million shares worth N1.27 billion exchanged in 2,485 deals.

    This was in contrast with a turnover of 255.77 million shares valued at N2.08 billion transacted in 2,480 deals on Wednesday.

  • NSE market indices depreciates by 0.28%

    Transactions on the Nigerian Stock Exchange (NSE) on Tuesday returned to the negative with indices shedding 0.28 per cent amid loses by major equities.

    The market capitalisation lost N25 billion or 0.28 per cent to close at N8.831 trillion compared with N8.856 trillion posted on Monday.

    In the same vein, the All-Share Index which opened at 25,743. 03 shed 71.8 points or 0.28 per cent to close at 25,671.23.

    However, Nestle, one of the most capitalised equity on the NSE led the losers’ table, dropping by N10 to close at N805 per share.

    It was trailed by Guinness with a loss of N4.01 to close at N76.32 and Dangote Cement dipped N1.84 to close at N158.16 per share.

    Nigeria Breweries was down by N1 to close at N144, while Cadbury depreciated by 15k to close at N11.15 per share.

    On the other hand, Total led the gainers’ table, growing by N28.29 to close at N304.44 per share.

    Forte Oil followed with a gain of N7.36 to close at N79.30 and Flour Mills gained 49k to close at N18.99 per share.

    NASCON added 30k to close at N6.95, while Port Land Paint increased by 18k to close at N2.08 per share.

    In spite of the drop posted by the market indicators, the volume of shares traded closed higher as investors staked N2.49 billion on 189.41 million shares transacted in 2,894 deals.

    This was in contrast with a turnover of 175.06 million shares valued at N3.14 billion traded in 3,048 deals on Monday.

    Diamond Bank was the toast of investors with 66.55 million shares worth N57.85 million.

    FCMB Group came second with an account of 26.15 million shares valued at N26.16 million and GT Bank sold 13.87 million shares worth N320.42 million.

    FBN Holdings transacted 13.40 million shares valued at N44.42 million, while NEM Insurance traded 12.36 million shares worth N8.79 million.

     

     

  • NSE appreciates marginally by 0.01%

    NSE appreciates marginally by 0.01%

    Activities on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a marginal gain of 0.01 per cent due to cautious trading by investors.

    The All-Share Index improved by 2.2 points or 0.01 per cent to close at 25,743.03, against 25,740.83 achieved on Friday.

    Similarly, the market capitalisation, which opened at N8.855 trillion, rose by one billion or 0.01 per cent to close at N8.856 trillion.

    A breakdown of the price movement chart indicated that Total recorded the highest gain to lead the gainers’ chart with N25.35 to close at N276.15 per share.

    Forte Oil followed with a gain of N6.68 to close at N71.94 and Nigerian Breweries garnered N1.94 to close at N145 per share.

    CAP gained N1 to close at N34, while Oando rose by 34k to close at N4.70 per share.

    On the other hand, Guinness topped the losers’ chart shedding N8.67 to close at N80.33 per share.

    Nestle trailed with a loss of N5 to close at N815 and Lafarge Wapco shed N1.80 to close at N40.90 per share.

    Mobil lost 82k to close at N323.31 and Flour Mills decreased by 70k to close at N18.50 per share.

    Zenith Bank drove the activity chart with a total of 29.52 million shares worth N421.04 million.

    Wapic Insurance accounted for 15.30 million shares valued at N7.65 million, and GT Bank traded 14.93 million shares worth N343.03 million.

    Investors staked N45.78 million on 14.38 million shares of FBN Holdings, while FCMB Group transacted 13.61 million shares valued at N13.58 million.

    In all, investors bought and sold a total of 175.06 million shares worth N3.14 billion achieved in 3,048 deals, against a turnover of 576.85 million shares valued at N1.35 billion exchanged in 2,258 deals on Friday.