• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets

Daily Market Summary: Industrial goods leads gainers but banks are losing

Morgan Capital Research by Morgan Capital Research
June 13, 2018
in Markets, Stock Market
Nigerian stocks
Share on FacebookShare on TwitterShare on Linkedin

Market breadth closes at 0.91x

  • The fragile positive sentiments witnessed in the last session exacerbated to place the NSEASI lower by 35 basis points.
  • 456.49 million (+33.68%) shares worth NGN4.13 billion (-20.40%) were exchanged in 3,517 deals (-6.69%).
  • The industrial goods sector index, NSEIND+0.49%, recorded the greatest advancement, albeit feeble.
  • The positive close can be attributed to the uptick recorded on CCNN+3.77%, as other counters closed flat.
  • The bears took charge on the prices of a number of medium and large cap counters in the consumer goods space.
  • The price shedding recorded on stocks like NB-1.79%, NASCON-0.43%, and DANGSUGAR-2.56%, left the NSEFBT10-0.60% index in the red zone.
  • Investors remained bearish in the banking sector.
  • The NSEBNK10 index shed 0.47% in the session, settling its year to date return at +3.55%.

Our opinion

There was a dearth of positive momentum on stocks listed in the premium board of the NSE.

Also, three stocks (FBNH-2.68%, ZENITHBANK-1.65%, and UBA-1.35%) in this segment closed southwards while price shedding was witnessed on several other counters in the main board.

RelatedStories

NGX

Nigerian Stocks post solid gains as January ends in green 

February 2, 2025
NGX

Eight Nigerian stocks soar to triple-digit YtD gains as of August 2024 

September 3, 2024

In line with this, the market breadth closed negative at 0.91x.

We do not rule out the extension of profit-taking in the next session as investors remain cautious.


Contact Morgan Capital for more information.

Email: info@morgancapitalgroup.com

www.morgancapitalgroup.com


Follow us for Breaking News and Market Intelligence.
Tags: Morgan CapitalNigerian Stocks
Morgan Capital Research

Morgan Capital Research

Related Posts

NGX
Equities

Nigerian Stocks post solid gains as January ends in green 

February 2, 2025
NGX
Equities

Eight Nigerian stocks soar to triple-digit YtD gains as of August 2024 

September 3, 2024
Nigerian Stock Exchange
Markets

Nigerian Stocks lose N334 billion in market cap as bears takeover July 

July 15, 2024
NGX
Equities

Nigerian stocks you can invest in H2’2024 – Investment analysts  

July 3, 2024
NGX
Dividends

Nigerian Stocks with the best dividend yield 2024

July 1, 2024
Nigerian Stock Exchange
Equities

Nigerian stocks soar by 3.08% in November as investors continue bet on hope

December 1, 2023
Next Post
Dangote

Dangote emerges the most admired African brand

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Top MD/CEOs of Asset Management Companies in Nigeria 
  • Nigeria Immigration opens visa amnesty for foreigners with expired documents, sets September 30 deadline 
  • FG partners Amazon Web Services to provide free digital skills training in Nigerian tertiary institutions 

Follow us on social media:

Recent News

Top MD/CEOs of Asset Management Companies in Nigeria 

Top MD/CEOs of Asset Management Companies in Nigeria 

July 6, 2025
President Tinubu appoints Ibrahim Gaga as new Executive Director of NEXIM Bank  

Nigeria Immigration opens visa amnesty for foreigners with expired documents, sets September 30 deadline 

July 6, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics