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B.O.C. Gases Plc leads this week’s gainers as losses mount on the NSE

The Nigerian Stock Exchange (NSE) has continued to perform negatively, as the market maintained its downward slope throughout the week.

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The Nigerian Stock Exchange (NSE) has continued to perform negatively, as the market maintained its downward trend throughout the week.

Last week the All-Share Index closed at 27,306.81 basis points, down 1.17%. The NSE All-Share Index also declined by 0.47% this week and closed at 26,925.29 basis points. Year to date, the index is down 14.33%. 

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15 equities appreciated in price during the week, higher than 12 equities that appreciated the previous week. 34 equities depreciated in price this week, as against 43 equities in the previous week, while 119 equities remained unchanged this week,  higher than 113 equities recorded in the preceding week.  

Here are the top 10 gainers and losers for the week. 

Top Gainers 

B.O.C. Gases Plc  

GTBank 728 x 90

B.O.C. Gases Plc was the best-performing stock this week. The stock opened at N5.57 and closed at N6.12, up N0.55  or 9.9%.  

Year to date, the stock is up 45.4%.  

Union Diagnostic & Clinical Services 

Union Diagnostic & Clinical Services Plc opened at N0.22 and closed at N0.24, up N0.02 or 9.1%.  

Year to date, the stock is up 4%.  

[READ MORE: Nigerian Stock Market ends the week Negative]

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Unity Bank Plc 

Unity Bank Plc opened at N0.64 and closed at N0.69, up N0.05 or 7.8%.  

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Year to date, the stock is up 35.5%.  

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Livestock Feeds Plc 

Livestock Feeds Plc opened at N0.41 and closed at N0.44, up N0.03 or 7.3%.  

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Year to date, the stock is up 10.2%.  

Transnational Corporation of Nigeria Plc 

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Transnational Corporation of Nigeria Plc opened at N0.87 and closed at N0.91, up N0.04 or 4.6%.  

Year to date, the stock is up 31.1%.  

Continental Reinsurance Plc 

Continental Reinsurance Plc opened at N1.39 and closed at N1.45, up N0.06 or 4.3%.  

GTBank 728 x 90

Year to date, the stock is up 24.1%.  

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Union Bank Nigeria Plc 

Union Bank Nigeria Plc opened at N6.75 and closed at N7.00, up N0.25 or 3.7%.  

Year to date, the stock is up 25%.  

Cement Company of North Nigeria Plc 

Cement Company of North Nigeria Plc opened at N14.00 and closed at N14.50, up N0.50 or 3.6%.  

Year to date, the stock is up 25.3%.  

MTN Nigeria Communications Plc 

MTN Nigeria Communications Plc opened at N131.00 and closed at N135.00, up N4.00 or 3.1%.  

Year to date, the stock is up 50%.  

Zenith Bank Plc 

Zenith Bank Plc rounded up the top 10 gainers for the week. The stock appreciated by 1.5% opening at N16.35 and closing at N16.60, up N0.25.  

Year to date, the stock is up 28%. 

 [READ ALSO: The Nigerian Stock Market closes Thursday’s trading in negative territory]

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Top Losers 

RAK Unity Pet Company Plc 

RAK Unity Pet Company Plc was the worst-performing stock this week, shedding 25%. The stock opened the week at N0.40 and closed N0.30, down N0.10.  

Year to date, the stock is down at 0% and is trading at a year low.   

UACN Plc 

UACN Plc opened the week at N5.50 and closed at N4.50, down N1.00 or 18.2%.  

Year to date, the stock is down 53.9%.  

Ecobank Transnational Incorporated 

Ecobank Transnational Incorporated opened the week at N7.25 and closed at N6.00, down N1.25 or 17.2%.  

Year to date, the stock is down 57.1%.  

Law Union and Rock Insurance Plc 

Law Union and Rock Insurance Plc opened the week at N0.39 and closed at N0.33, down N0.06 or 15.4%.  

Year to date, the stock is down 45%.  

Stanbic IBTC Holdings Plc 

Stanbic IBTC Holdings Plc opened the week at N38.10 and closed at N33.00, down N5.10 or 13.4%.  

Year to date, the stock is down 31.2%.  

Unilever Nigeria Plc 

Unilever Nigeria Plc opened the week at N32.00 and closed at N27.90, down N4.10 or 12.8%.  

Year to date, the stock is down 24.6%.  

CHAMS Plc  

CHAMS Plc opened the week at N0.26 and closed at N0.23, down N0.03 or 11.54%.  

Year to date, the stock is down 15%.  

Red Star Express Plc 

Red Star Express opened the week at N4.76 and closed at N4.24, down N0.52 or 10.9%.  

Year to date, the stock is down 1%. 

Wapic Insurance Plc 

Wapic Insurance Plc opened the week at N0.39 and closed at N0.35, down N0.04 or 10.3%.  

Year to date, the stock is down 16.7%.  

Nascon Allied Industries Plc 

Nascon Allied Industries Plc rounded up the top 10 losers for the week. The stock fell by 10%, opening at N14.00 and closing N12.60, down N1.40.  

Year to date, the stock is down 30%. 

[READ FURTHER: List of Dividends announced so far in 2019 (August 2019)]

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Reincarnated as a lover of stocks, Angel investors, seed funds, and anything aligned to tech or startups raising money, Joseph's work at Nairametrics involves following the money to wherever it leads. Before joining Nairametrics, he won an investigative journalism fellowship with ICIR, appeared in several national dallies, with hard-hitting opinions, features and investigative pieces. He has also engaged in content marketing and copywriting for a top e-commerce firm in Nigeria.

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Stock Market

SEPLAT, STANBIC , GUINNESS surge ,Investors gain N182 Billion WoW

This was triggered by buying pressures from institutional investors on blue-chip stocks.

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investors, Bulls gain momentum, as stimulus package lifts global financial markets, Bulls boost global financial market, gold hits 7 years high, Dangote, Tier-1 banks lead the bulls to close Nigerian stock market green

The Nigerian bourse ended the week on a strong bullish run. It recorded gains for five straight days as the All-Share Index and Market Capitalization both appreciated by 1.41% to close the week at 25,041.89 and N13.063 trillion respective. Investors Gained N181.62billion on a week to week basis.

A total turnover of 1.065 billion shares worth N10.798 billion in 20,482 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 421.984 million shares valued at N5.337 billion that exchanged hands last week in 11,801 deals.

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The Financial Services industry (measured by volume) led the activity chart with 677.301 million shares valued at N5.070 billion traded in 10,386 deals; thus contributing 63.59% and 46.95% to the total equity turnover volume and value respectively.

READ MORE: The week investors stayed on the sidelines at Nigeria’s stock market

The Conglomerates Industry followed with 153.384 million shares worth N580.216 million in 894 deals. The third place was the Industrial Goods industry, with a turnover of 57.404 million shares worth N861.263 million in 1,671 deals.

GTBank 728 x 90

Trading in the top three equities namely FBN Holdings Plc, UACN Plc, and Access Bank Plc.(measured by volume) accounted for 320.196 million shares worth N1.802 billion in 2,639 deals, contributing 30.06% and 16.69% to the total equity turnover volume and value respectively.

All other indices finished higher with the exception of the NSE Insurance Index which depreciated by 0.28% while the NSE ASeM closed flat.

READ ALSO: Guinea Insurance Plc gives optimistic Q3 earnings forecast in spite of COVID-19

Forty-one (41) equities appreciated in price during the week, higher than twenty-four (24) equities in the previous week. Eighteen (18) equities depreciated in price, lower than twenty-eight (28) equities in the previous week, while one hundred and four (104) equities remained unchanged, lower than one hundred and eleven (111) equities recorded in the previous week.

Top 10 gainers

  • NEIMETH INTERNATIONAL PHARMACEUTICALS PLC up 21.33% to close at N1.82
  • UACN PROPERTY DEVELOPMENT COMPANY PLC up 18.52% to close at N0.96
  • FLOUR MILLS NIG. PLC. up 13.20% to close at N19.30
  • SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC up 12.83% to close at N350.00
  • STANBIC IBTC HOLDINGS PLC up 10.00% to close at N33.00
  • VALUEALLIANCE VALUE FUND up 9.98% to close at N113.50
  • UNIVERSITY PRESS PLC. up 9.90% to close at N1.11
  • AXAMANSARD INSURANCE PLC up 9.72% to close at N1.58
  • FIDSON HEALTHCARE PLC up 8.57% to close at N3.42
  • GUINNESS NIG PLC up 8.46% to close at N14.10

READ MORE: UPDC reaps benefits of NSE’s resilience with listing of N16 billion Rights Issue

Top 10 Losers

  • U A C N PLC. down 11.43% to close at N6.20
  • TOTAL NIGERIA PLC. down 9.91% to close at N79.10
  • ARDOVA PLC down 9.67% to close at N12.15
  • CUSTODIAN INVESTMENT PLC down 9.09% to close at N5.00
  • SUNU ASSURANCES NIGERIA PLC. down 9.09% to close at N0.20
  • CONSOLIDATED HALLMARK INSURANCE PLC down 8.89% to close at N0.41
  • MUTUAL BENEFITS ASSURANCE PLC. down 8.70% to close at N0.21
  • UNILEVER NIGERIA PLC. down 8.57% to close at N11.20
  • NEM INSURANCE PLC down 6.50% to close at N1.87
  • LINKAGE ASSURANCE PLC down 5.00% to close at N0.38

Outlook

Nigerian bourse against all odds finished high. This was triggered by buying pressures from institutional investors on blue-chip stocks. However, it was not all blue for the Nigerian bourse as market liquidity remained relatively low.
Nairametrics recommends cautious buying on growing concerns that the recent lockdown extension by President Buhari could delay a full economic recovery in Nigeria’s major economic hubs.

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Stock Market

GTBANK, GUINNESS, OKOMUOIL trigger bulls, as ASI gains 0.19%

Nigerian bouse’s market capitalization in value terms presently stands at N13,063 trillion.

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Global stocks sell-off persists as resurgence of COVID-19 frighten investors 

The Nigerian Stock Market ended this week’s trading session on a bullish note, as the All Share Index gained 0.45% to close at 25,041.89 basis points as against +0.19% appreciation recorded yesterday. The Year-to-Date (YTD) returns currently stands at -6.71%.

Also, the Nigerian bouse’s market capitalization in value terms presently stands at N13,063 trillion.

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The NSE trading turnover closed negative, as volume moved down by -3.80%. GUARANTY, FBNH, and STERLNBANK were the most active to boost market turnover. GUARANTY and OKOMUOIL topped the market value list.

Market breadth closed positive as LEARNAFRCA led 22 gainers, compared to 5 losers topped by UACN at the end of today’s session. This indicates an improved performance when compared with the previous outlook.

Top gainers

GTBank 728 x 90
  • VALUEFUND up 9.98% to close at N113.5
  • GUINNESS up 4.44% to close at N14.1
  • DANGSUGAR up 3.48% to close at N11.9
  • OKOMUOIL up 2.74% to close at N77
  • GUARANTY up 2.53% to close at N24.35

Top losers

  • UACN down 9.49% to close at N6.2
  • CHIPLC down 8.89% to close at N0.41
  • JAIZBANKdown 3.39% to close at N0.57
  • AIICOdown 3.23% to close at N0.9
  • TRANSCORP down 1.61% to close at N0.61

Outlook

The Nigerian bourse, against all odds, finished five straight days on a bullish note. However, Narametrics still envisages cautious buying due to the relatively thin market liquidity that is currently being experienced.

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List of Dividends announced so far in 2020 (August)

List of Dividends announced so far in 2020 (August)

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Dividends announced on the Nigerian stock exchange

As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. It is also important to track these announcements to know who is eligible to collect the dividend, when it will be approved and when it will be paid. Dividend payment also affects share prices.

This page will be updated from time to time.

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READ ALSO: Updated: Gender Balance, looking at the board composition of top banks on the NSE

Legend

Date Announced – The date the company announced dividends evidenced by a corporate action published on the website of the NSE.

Qualification date – Shareholders who own shares as of this date will receive dividends. If you buy shares and want to receive dividends make sure it is at least three days before this date. Shares get transferred to you on the basis of the T+3 rule (the date you bought plus 3 working days).

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Payment date – This is when the dividend will be paid to you, either via post (dividend warrants) or direct credit to your bank accounts (e-dividend).

Calculate Dividends

Closure of Register – Only shareholders who own shares listed in their register before this date will be paid dividends.

You can also scroll sideways to view the rest of the columns if using a mobile phone.

READ MORE: How to read stock market tables

2020 Dividends from companies quoted on the Nigerian Stock Exchange

CompanyDPSDate AnnouncedBonusClosure of RegisterAGM DatePayment DateQualification date
Honeywell Flour millsN0.04k5th August 2020Nil17th - 23rd September 202030th September 202030th September 202016th September 2020
Presco Plc (Updated)N2.00k3rd June 2020Nil20th - 22nd July 20202nd September 20204th September 202017th July 2020
Cornerstone InsuranceNil4th August 20207 new shares for every 30 existing shares13th -17th August 2020NANA12th August 2020
Flour Mills of NigeriaN1.429th July 2020Nil17th August - 21st August 202010th September14th September 202014th August 2020
MTN Nigeria PlcN3.50k29th July 2020Nil17th August 2020NA24tb August 202014th August 2020
Cutix PLCN0.12K29th July 2020Nil16th - 20th November 202027th November 202030th November 202013th November 2020
C & I Leasing PLCN0.20k30th June 2020Nil14th - 16th July 202023rd July 202031st July 202013th July 2020
McNichols Consolidated Plc (Revised)N0.03k1st April 2020Nil2nd - 6th July 202030th July 20207th August 20201st July 2020
Dangote Sugar Refinery PlcN1.10k8th June 2020Nil22nd June 20209th July 2020within 48hrs after AGM19th June 2020
Jaiz bankN0.03k9th June 2020Nil29th June - 3rd July 202016th July 202016th July 202026th June 2020
UAC of Nigeria Plc (UPDATED)N0.10k20th April 2020Nil19th - 22nd May 202015th July 202016th July 202018th May 2020
Prestige Assurance PlcNil4th June 20202 New shares for every 11 existing shares22nd - 26th June 202030th June 2020N/A19th June 2020
Trans-Nationwide Express PlcN0.03k1st June 2020Nil6th - 10th July 202016th July 202020th July 20203rd July 2020
Nigeria Aviation Handling Company PLCN0.30k28th May 2020Nil1st - 3rd July 202016th July 202016th July 202030th June 2020
Skyway Aviation Handling Co. PlcN0.16k1st June 2020Nil17th - 23rd June 202030th June 202030th June 202016th June 2020
11 PlcN8.2528th May 2020Nil30th Sept - 5th Oct 2020to be announcedto be announced29th Sept 2020
Glaxo SmithKilne Consumer Nig. PlcN0.55k22nd May 2020Nil23rd June - 2nd July 202023rd July 202024th July 202022nd June 2020
Airtel Africa0.0313th May 2020Nil6th July 2020Not applicable24th July 2020NA
Caverton Offshore Support Group PlcN0.20k22nd May 2020Nil16th June 202025th June 202025th June 202015th June 2020
Nigerian Breweries Plc (Revised)N1.51k20th May 2020Nil5th-11th March 202023rd June 202024th June 20204th March 2020
BUA CementN1.75k19th May 2020Nil28th Sept - 2nd Oct 202022nd October 202023rd October 202025th September 2020
NASCON Allied Industries PlcN0.40k13th May 2020Nil15th - 16th July 202027th July 202029th July 202014th July 2020
Total Nigeria PlcN6.7113th May 2020Nil5th - 11th June 2020to be announced24hrs after meeting4th June 2020
Cadbury Nigeria PlcN0.49k13th May 2020Nil25th - 29th May 202024th June 202025th June 202022nd May 2020
May and Baker PlcN0.25k13th May 2020Nil27th - 29th May 20204th June 20208th June 202026th May 2020
NPF Microfinance Bank PlcN0.20k11th May 2020Nil17th - 22nd June 202030th June 202030th June 202016th June 2020
Okomu Oil Palm PlcN2.0023rd April2020Nil19th - 22nd May 202028th May 202029th May 202018th May 2020
Lafarge Africa PlcN127th April 2020Nil4th - 8th May 20203rd June 20203rd June 202030th April 2020
Wema Bank PlcN0.04k23rd April 2020Nil7th - 12th May 202018th May 202018th May 20206th May 2020
Union bank of NigeriaN0.25k13th April 2020Nil27th - 30th April 20206th May 20206th May 202024th April 2020
FBN HoldingsN0.38k6th April 2020Nil21st - 22nd April 202027th April 202028th April 202020th April 2020
Lafarge Africa PlcN1.00k6th April 2020Nil4th - 8th May 202026th May 202026th May 202030th April 2020
Ikeja Hotel PlcN0.023rd April 2020Nil2nd - 8th July 202030th July 20207th August 20201st July 2020
NEM InsuranceN0.15k1st April 2020Nil4th - 8th May 2020to be announcedto be announced30th April 2020
FCMB Group PlcN0.14k31st March 2020Nil15th - 17th April 202028th April 202028th April 202014th April 2020
Beta Glass Nigeria PlcN1.67k30th March 2020Nil15th - 19th June 20202nd July 20203rd July 202011th June 2020
Capital Hotel PlcN0.05k26th March 2020Nil20th - 24th April 202027th May 20203rd June 202017th April 2020
Sterling bank PlcN0.03k26th March 2020Nil5th - 8th May 202020th May 202020th May 20204th May 2020
Boc GasesN0.30k26th March 2020Nil8th - 10th June 202025th June 202026th June 20205th June 2020
Fidelity Bank PlcN0.20k23rd March 2020Nil20th - 24th April 202030th April 202030th April 202017th April 2020
Seplat Petroleum Dev. Company Plc0.0523rd March 2020Nil13th May 202028th May 20204th June 202012th May 2020
Julius Berger Nig. PlcN2.75k13th March 20200.0021st to 3rd June 202018th June 202019th June 202029th May 2020
Nigeria Energy Sector Fund (NESF)N75.0010th March 2020Nil20th March 20206th April 202019th March 2020
Access Bank PlcN0.40k6th March 2020Nil15th April 202030th April 202030th April 202014th April 2020
Nestle Nig PlcN45.00k28th February 2020Nil18th - 22nd May 20202nd June 20202nd July 202015th May 2020
Stanbic IBTC Holdings PlcN2.005th March 2020Nil19th - 26th March 202030th June 202018th June 202018th March 2020
Guaranty Trust Bank PlcN2.50k2nd March 2020Nil19th March 202030th March 202030th March 202018th March 2020
United Bank of AfricaN0.80k2nd March 2020Nil16th - 20th March 202027th March 202027th March 202013th March 2020
Transcorp PlcN0.01k28th February 2020Nil18th - 23rd March 202025th March 202027th March 202017th March 2020
MTN Nigeria PlcN4.97k28th February 2020NilFebruary 16, 19008th May 202019th May 202017th april 2020
Transcorp Hotels PlcN0.07k28th February 2020Nil13th-17th March 202024th March 202026th March 202012th March 2020
United Capital PLCN0.50k18th February 2020Nil9th-13th March 202024th March 202026th March 20206th March 2020
Infinity Trust Mortgage Bank PLCN0.035K30th January 2020Nil9th-13th March 20207th May 202014th May 20206th March 2020
Zenith bank PlcN2.50k21st February 2020Nil10th March 202016th March 202016th March 20209th March 2020
Africa Prudential PlcN0.70k25th february 2020Nil9th-13th March 202023rd March 202023rd March 20206th March 2020
Dangote Cement PlcN16.0025th february 2020Nil26th May 202015th June 202016th June 202025th May 2020
January 1, 1970

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