- The Nigerian equities market traded negative on all trading days of the week, closing with a WoW loss of 0.92%. This brought YtD returns back to a negative of -0.78%, from +0.15% the prior week. Volume and value of transactions increased by 34.69% and 66.03% over the previous four-day trading week. Market breadth for the week also indicated the overall negative sentiments, as it pegged at 0.70x, representing 46 losers against 32 gainers.
- Top gainers for the week were VITAFOAM, CILEASING, REDSTAREX, HONYFLOUR, and CAP, which posted significant gains of 32.51%, 26.92%, 24.34%, 20.73%, and 20.58% in that order. On the converse, UNITYBNK once again outperformed other losers with a loss of 32.65%, bringing its price down to NGN2.62. Other top losers for the week were LEARNAFRICA, ABCTRANS, ACADEMY, and CCNN, with losses of 11.19%, 9.52%, 9.43%, and 9.40% respectively.
- The negative mood in the market confirms our belief that investors are hesitant about full re-entry into the market. The paucity of enticing news, capable of driving “BUY” sentiments from investors, has also contributed greatly to the current negative returns in the market. However, we anticipate a rally in the coming week on lowly priced stocks, just as same is widely expected to accompany the handover to the new government at the end of the month.
- Source Meristem
- Price list below
| TICKER | Pclose | Close | %age Change |
| 7UP | 162 | 162 | 0.00% |
| ABBEYBDS | 1.3 | 1.3 | 0.00% |
| ABCTRANS | 0.57 | 0.57 | 0.00% |
| ACADEMY | 0.96 | 0.96 | 0.00% |
| ACCESS | 5.99 | 5.98 | -0.17% |
| AFRINSURE | 0.5 | 0.5 | 0.00% |
| AFRIPRUD | 2.99 | 2.99 | 0.00% |
| AFROMEDIA | 0.5 | 0.5 | 0.00% |
| AFRPAINTS | 2.72 | 2.72 | 0.00% |
| AGLEVENT | 1.62 | 1.62 | 0.00% |
| AIICO | 1.09 | 1.04 | -4.59% |
| AIRSERVICE | 2.1 | 2.1 | 0.00% |
| ALEX | 10.43 | 10.43 | 0.00% |
| ALUMACO | 7.75 | 7.75 | 0.00% |
| ARBICO | 5.3 | 5.3 | 0.00% |
| ASHAKACEM | 20.47 | 20.47 | 0.00% |
| ASOSAVINGS | 0.5 | 0.5 | 0.00% |
| AUSTINLAZ | 2.09 | 2.09 | 0.00% |
| AVONCROWN | 1.59 | 1.52 | -4.40% |
| BECOPETRO | 0.5 | 0.5 | 0.00% |
| BERGER | 9.07 | 9.07 | 0.00% |
| BETAGLAS | 30 | 30 | 0.00% |
| BOCGAS | 5.21 | 5.21 | 0.00% |
| CADBURY | 39.9 | 39.9 | 0.00% |
| CAVERTON | 3.3 | 3.45 | 4.55% |
| CAP | 39.31 | 43 | 9.39% |
| CAPHOTEL | 4.07 | 4.07 | 0.00% |
| CCNN | 10.5 | 10.5 | 0.00% |
| CHAMPION | 7.31 | 7.3 | -0.14% |
| CHAMS | 0.5 | 0.5 | 0.00% |
| CHELLARAM | 3.95 | 3.95 | 0.00% |
| CILEASING | 0.6 | 0.66 | 10.00% |
| CONOIL | 38.02 | 38.02 | 0.00% |
| CONTINSURE | 0.99 | 0.99 | 0.00% |
| CORNERST | 0.5 | 0.5 | 0.00% |
| COSTAIN | 0.82 | 0.82 | 0.00% |
| COURTVILLE | 0.5 | 0.5 | 0.00% |
| CUSTODYINS | 4.2 | 4.2 | 0.00% |
| CUTIX | 1.66 | 1.66 | 0.00% |
| CWG | 4 | 4 | 0.00% |
| DAARCOMM | 0.5 | 0.5 | 0.00% |
| DANGCEM | 178 | 178 | 0.00% |
| DANGFLOUR | 4.6 | 4.61 | 0.22% |
| DANGSUGAR | 6.4 | 6.4 | 0.00% |
| DEAPCAP | 0.67 | 0.67 | 0.00% |
| DIAMONDBNK | 4.65 | 4.6 | -1.08% |
| DNMEYER | 0.83 | 0.83 | 0.00% |
| DUNLOP | 0.5 | 0.5 | 0.00% |
| EKOCORP | 3.72 | 3.72 | 0.00% |
| ELLAHLAKES | 4.26 | 4.26 | 0.00% |
| ENAMELWA | 31.82 | 31.82 | 0.00% |
| EQUITYASUR | 0.5 | 0.5 | 0.00% |
| ETERNA | 2.8 | 2.7 | -3.57% |
| ETI | 24.55 | 24.49 | -0.24% |
| ETRANZACT | 3.39 | 3.39 | 0.00% |
| EVANSMED | 1.99 | 1.99 | 0.00% |
| FBNH | 8.93 | 9.1 | 1.90% |
| FCMB | 3.3 | 3.25 | -1.52% |
| FIDELITYBK | 1.93 | 1.92 | -0.52% |
| FIDSON | 3.15 | 3.15 | 0.00% |
| FIRSTALUM | 0.5 | 0.5 | 0.00% |
| FLOURMILL | 34.06 | 35.29 | 3.61% |
| FO | 170.15 | 163.01 | -4.20% |
| FORTISMFB | 5.42 | 5.42 | 0.00% |
| FTNCOCOA | 0.5 | 0.5 | 0.00% |
| GCAPPA | 14.46 | 14.46 | 0.00% |
| GLAXOSMITH | 54 | 54 | 0.00% |
| GNI | 0.5 | 0.5 | 0.00% |
| GOLDBREW | 0.93 | 0.93 | 0.00% |
| GOLDINSURE | 0.53 | 0.53 | 0.00% |
| GUARANTY | 28.83 | 28.83 | 0.00% |
| GUINEAINS | 0.5 | 0.5 | 0.00% |
| GUINNESS | 160.56 | 160.56 | 0.00% |
| HMARKINS | 0.5 | 0.5 | 0.00% |
| HONYFLOUR | 3.79 | 3.96 | 4.49% |
| IAINSURE | 0.5 | 0.5 | 0.00% |
| IKEJAHOTEL | 3.86 | 3.96 | 2.59% |
| INFINITY | 1.42 | 1.42 | 0.00% |
| INTBREW | 21.49 | 20.42 | -4.98% |
| INTENEGINS | 0.55 | 0.57 | 3.64% |
| INTERLINK | 4.66 | 4.66 | 0.00% |
| IPWA | 0.5 | 0.5 | 0.00% |
| JAPAULOIL | 0.5 | 0.5 | 0.00% |
| JBERGER | 51.7 | 51.7 | 0.00% |
| JOHNHOLT | 0.9 | 0.9 | 0.00% |
| JOSBREW | 2.02 | 2.02 | 0.00% |
| LASACO | 0.5 | 0.5 | 0.00% |
| LAWUNION | 0.5 | 0.5 | 0.00% |
| LEARNAFRCA | 1.33 | 1.27 | -4.51% |
| LENNARDS | 3.15 | 3.15 | 0.00% |
| LINKASSURE | 0.5 | 0.5 | 0.00% |
| LIVESTOCK | 2.4 | 2.45 | 2.08% |
| LOTUSHAL15 | 10.61 | 10.65 | 0.38% |
| MANDRID | 5.35 | 5.35 | 0.00% |
| MANSARD | 2.85 | 2.99 | 4.91% |
| MAYBAKER | 1.71 | 1.79 | 4.68% |
| MBENEFIT | 0.5 | 0.5 | 0.00% |
| MOBIL | 150 | 150 | 0.00% |
| MORISON | 1.82 | 1.82 | 0.00% |
| MRS | 50.54 | 50.54 | 0.00% |
| MTECH | 0.91 | 0.91 | 0.00% |
| MTI | 0.5 | 0.5 | 0.00% |
| MULTITREX | 0.5 | 0.5 | 0.00% |
| MULTIVERSE | 0.5 | 0.5 | 0.00% |
| NAHCO | 6.5 | 6.68 | 2.77% |
| NASCON | 8.55 | 8.3 | -2.92% |
| NB | 154 | 153.5 | -0.32% |
| NCR | 12.19 | 12.19 | 0.00% |
| NEIMETH | 1.03 | 1 | -2.91% |
| NEM | 0.7 | 0.7 | 0.00% |
| NESF | 552.2 | 552.2 | 0.00% |
| NESTLE | 900 | 900 | 0.00% |
| NEWGOLD | 2275 | 2281 | 0.26% |
| NIGERINS | 0.5 | 0.5 | 0.00% |
| NIG-GERMAN | 6.32 | 6.32 | 0.00% |
| NIGROPES | 7.46 | 7.46 | 0.00% |
| NIGSEWING | #DIV/0! | ||
| NIWICABLE | 0.5 | 0.5 | 0.00% |
| NNFM | 18.05 | 18.05 | 0.00% |
| NPFMCRFBK | 1.3 | 1.3 | 0.00% |
| NSLTECH | 0.5 | 0.5 | 0.00% |
| OANDO | 18.4 | 18.4 | 0.00% |
| OKOMUOIL | 28.52 | 28.52 | 0.00% |
| OMATEK | 0.5 | 0.5 | 0.00% |
| PAINTCOM | 1.27 | 1.27 | 0.00% |
| PHARMDEKO | 2.13 | 2.13 | 0.00% |
| PORTPAINT | 3.83 | 3.83 | 0.00% |
| PREMBREW | 3.61 | 3.61 | 0.00% |
| PREMPAINTS | 10.93 | 10.93 | 0.00% |
| PRESCO | 29.48 | 28.98 | -1.70% |
| PRESTIGE | 0.5 | 0.5 | 0.00% |
| PZ | 28 | 28 | 0.00% |
| REDSTAREX | 4.7 | 4.7 | 0.00% |
| REGALINS | 0.5 | 0.5 | 0.00% |
| RESORTSAL | 0.5 | 0.5 | 0.00% |
| ROADS | 6.29 | 6.29 | 0.00% |
| ROYALEX | 0.5 | 0.5 | 0.00% |
| RTBRISCOE | 1.01 | 1.01 | 0.00% |
| SCOA | 4.44 | 4.44 | 0.00% |
| SEPLAT | 387 | 387 | 0.00% |
| SIMCAPVAL | 103.24 | 103.24 | 0.00% |
| SKYEBANK | 2.5 | 2.5 | 0.00% |
| SKYESHELT | 100 | 100 | 0.00% |
| SOVRENINS | 0.5 | 0.5 | 0.00% |
| STACO | 0.5 | 0.5 | 0.00% |
| STANBIC | 29.9 | 30 | 0.33% |
| STANBICETF30 | 107.95 | 107.95 | 0.00% |
| STDINSURE | 0.5 | 0.5 | 0.00% |
| STERLNBANK | 2.14 | 2.15 | 0.47% |
| STOKVIS | 0.14 | 0.14 | 0.00% |
| STUDPRESS | 2.3 | 2.3 | 0.00% |
| TANTALIZER | 0.5 | 0.5 | 0.00% |
| THOMASWY | 0.73 | 0.73 | 0.00% |
| TOTAL | 165 | 165 | 0.00% |
| TOURIST | 3.51 | 3.51 | 0.00% |
| TRANSCOHOT | 9.63 | 9.63 | 0.00% |
| TRANSCORP | 3.23 | 3.2 | -0.93% |
| TRANSEXPR | 1.16 | 1.16 | 0.00% |
| TRIPPLEG | 1.69 | 1.69 | 0.00% |
| UACN | 40 | 40 | 0.00% |
| UAC-PROP | 10.25 | 10.25 | 0.00% |
| UBA | 5.15 | 5 | -2.91% |
| UBCAP | 1.49 | 1.49 | 0.00% |
| UBN | 10.89 | 11 | 1.01% |
| UHOMREIT | 45.22 | 45.22 | 0.00% |
| UNHOMES | 6.4 | 6.4 | 0.00% |
| UNIC | 0.5 | 0.5 | 0.00% |
| UNILEVER | 43.04 | 43 | -0.09% |
| UNIONDAC | 0.5 | 0.5 | 0.00% |
| UNIONDICON | 11.84 | 11.84 | 0.00% |
| UNITYBNK | 2.75 | 2.62 | -4.73% |
| UNITYKAP | 0.5 | 0.5 | 0.00% |
| UNIVINSURE | 0.5 | 0.5 | 0.00% |
| UPDCREIT | 10 | 10 | 0.00% |
| UPL | 5.5 | 5.48 | -0.36% |
| UTC | 0.5 | 0.5 | 0.00% |
| VANLEER | 11.48 | 11.48 | 0.00% |
| VETGRIF30 | 15.81 | 15.79 | -0.13% |
| VITAFOAM | 6.4 | 6.4 | 0.00% |
| VONO | 0.98 | 0.98 | 0.00% |
| WAGLASS | 0.63 | 0.63 | 0.00% |
| WAPCO | 96 | 98.5 | 2.60% |
| WAPIC | 0.53 | 0.53 | 0.00% |
| WEMABANK | 0.98 | 0.97 | -1.02% |
| ZENITHBANK | 21.4 | 21.26 | -0.65% |
