Nigerian stocks ended the week on a positive note as the All Share Index closed higher at 1.2% and to close at 30,306.51. However, the All Share Index fell 1.49% on a week to date basis. All the indices drifted lower during the week with exception of the following indices: NSE Insurance Index, NSE Industrial Goods Index and NSE ASeM Index that rose by 1.81%, 0.96% and 6.72% respectively. The All Share Index had dropped below 30,000 for the first time in 23 months on December 16, 2014 only to climb back after Friday’s close. Whilst many saw this as a relief for an exchange that has witnessed over 10 days losing streak, some still see it as a temporal blip in view of the impending elections. These are the key highlights of trading for the week gone by.
- The All Share Index posted a week to date gain of 1.49%, Month to date loss of 12.26% and YTD loss of 26.67%
- A turnover of 5.409 billion shares worth N46.470 billion in 22,986 deals were traded this week by
investors on the floor of The Exchange in contrast to a total of 1.810 billion shares valued at N28.918
billion that exchanged hands last week in 20,677 deals. - The Financial Services Industry (measured by volume) led the activity chart with 4.991 billion shares
valued at N37.070 billion traded in 13,641 deals; thus contributing 92.26% and 79.77% to the total equity
turnover volume and value respectively. - The Conglomerates Industry followed with a turnover of
186.245 million shares worth N723.491 million in 1,400 deals. - The third place was occupied by the Consumer Goods Industry with 92.022 million shares worth N4.550 billion in 3,784 deals.
- Trading in the Top Three Equities namely- Union Bank of Nigeria Plc, FBN Holdings Plc and
Transnational Corporation of Nigeria Plc (measured by volume) accounted for 3.961 billion shares worth
N29.085 billion in 4,493 deals, contributing 73.24% and 62.59% to the total equity turnover volume and
value respectively
Here are all the gainers and losers for the week.
Top 10 Price Gainers
Company | Open | Close | Gain (N) | % Change |
E-TRANZACT INTERNATIONAL PLC | 2.55 | 2.94 | 0.39 | 15.29 |
OMOLUABI SAVINGS AND LOANS PLC | 0.70 | 0.80 | 0.10 | 14.29 |
WAPIC INSURANCE PLC | 0.57 | 0.63 | 0.06 | 10.53 |
BETA GLASS COMPANY (NIG.) PLC | 24.00 | 26.46 | 2.46 | 10.25 |
HONEYWELL FLOUR MILL PLC | 3.10 | 3.38 | 0.28 | 9.03 |
MANSARD INSURANCE PLC | 2.90 | 3.15 | 0.25 | 8.62 |
FIDSON HEALTHCARE PLC | 3.09 | 3.35 | 0.26 | 8.41 |
CUSTODIAN AND ALLIED PLC | 3.44 | 3.62 | 0.18 | 5.23 |
CEMENT COMPANY OF NORTHERN NIGERIA PLC | 9.27 | 9.71 | 0.44 | 4.75 |
SMART PRODUCTS NIGERIA PLC | 1.06 | 1.11 | 0.05 | 4.72 |
Top 10 Price Decliners:
Company | Open | Close | Loss (N) | % Change |
CHAMPION BREWERIES PLC | 6.93 | 4.88 | -2.05 | -29.58 |
FLOUR MILLS NIGERIA PLC | 43.73 | 35.50 | -8.23 | -18.82 |
P. Z. INDUSTRIES PLC | 30.78 | 25.09 | -5.69 | -18.49 |
SEPLAT PETROLEUM DEVELOPMENT COMPANY LTD | 324.83 | 265.02 | -59.81 | -18.41 |
R. T. BRISCOE (NIG.) PLC | 0.82 | 0.69 | -0.13 | -15.85 |
DANGOTEFLOURMILLS PLC | 4.84 | 4.16 | -0.68 | -14.05 |
PRESCO PLC | 25.59 | 22.00 | -3.59 | -14.03 |
PFIZER PRODUCTS PLC | 0.86 | 0.75 | -0.11 | -12.79 |
AIICO INSURANCE PLC | 0.77 | 0.68 | -0.09 | -11.69 |
LIVESTOCK FEEDS PLC | 2.33 | 2.09 | -0.24 | -10.30 |
