Connect with us
iubh
Advertisement
Alpha
Advertisement
Hotflex
Advertisement
Advertisement
UBA
Advertisement
Patricia
Advertisement
app

Markets

Lawunion, Jaiz bank, lead Top gainers’ chart as ASI boost by 0.16%

The major market indicators of the Nigerian Stock Exchange closed on positive territory as the All-Share Index grew by 0.16% to stand at 27,035.78. The total trades recorded today was 230.7 million shares valued at N3.2 billion across 4,254 deals as the Equity market capitalisation closed at N13.048 trillion from N13.03 trillion recorded on Friday.

Published

on

Governor Fayemi explores investment options with the capital market, Nigerian Stock Exchange, Top 10 stockbrokers trade N120.4 billion worth of stocks in November , Law Union & Rock Insurance Plc Announces Notice of Board Meeting and Closed Period, NSE Hosts First Virtual Automated Trading System (ATS) Broker Certification Training Programme, Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion, Nigerian bourse close flat, triggered by low market liquidity, Industrial index down by 5.7%, as shares of BUA, Lafarge, Dangote, others decline on NSE

The major market indicators of the Nigerian Stock Exchange closed on positive territory as the All-Share Index grew by 0.16% to stand at 27,035.78. The total trades recorded today was 230.7 million shares valued at N3.2 billion across 4,254 deals as the Equity market capitalisation closed at N13.048 trillion from N13.03 trillion recorded on Friday.

This change indicates 0.15% increase. Meanwhile, Law Union Insurance plc, Jaiz bank, Presco Plc led the gainers’ chart on Monday.

Top gainers

Law Union insurance Plc tops the chart of the equity gainers on the bourse of the NSE today as it gained 10% to close at N0.66 followed by Jaiz bank Plc, which gained 9.52% to close at N0.69.

[READ ALSO: Customers’ complaints : Banks refund N3.61 billion – CBN (Opens in a new browser tab)]

Presco Plc gained 9.39% to close at N37.85 as Neimeth pharmaceuticals gained 8.93% to close at N0.61 while Cadbury Nigeria Plc rounded off the list with 8.89% gain to close at N9.8.

 

Top losers

Sigma Pensions

Okomu oil lost the most on the bourse today with 9.73% decline to close at N49.65 followed by Cutix Plc, which lost 9.52% to close at N1.33.

First bank Holding joined the list of losers today with 7.33% decline to close at N6.95 as Cornerstone insurance also lost 7.14% of its stock value to close at N0.78 while Livestock feeds plc shed 5.66% to close at N0.5.

[READ MORE: Law Union Insurance, Unity Bank and CHI Plc lead gainers’ chart on Tuesday(Opens in a new browser tab)]

Top trades by volume

Zenith bank Plc was the most actively traded stock on the bourse today with trades in 42.3 million shares valued at N798.2 million across 689 deals. Gt bank was the next on the ranks with trades in 26.01 million shares valued at N775.7 million across 244 deals followed by First bank with trades in 19.7 million shares valued at N140.5 million across 360 deals.

Stanbic 728 x 90

Transcorp Plc traded in 16.7 million shares at N17.2 million across 96 deals while Fidelity bank rounded off the list with trades in 15.2 million shares valued at N30.8 million across 146 deals.

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Manufacturing

Industrial Index loses -12.39 points, as BUA and Lafarge Cement shares top losers list

The NSE Industrials index lost 12.39 index points in the first trading week in the month of April.

Published

on

Manufacturing: Activity levels pick up albeit readings still below water

The Nigerian Stock Exchange Industrial Index at the close of trading activities for the first week in the month of April closed on a bearish note, following a 0.66% decrease in the shares of BUA CEMENT and Lafarge.

At the close of trading activities on the Nigerian Stock Exchange on the 9th of April 2021, the industrial index depreciated by 55.01 index points, to close lower at 1,928.18 index points for the week.

When compared to the overall performance of the market, the NSE Industrial index underperformed, noting that the NSE All-Share Index and Market Capitalization depreciated by 0.66% to close the week at 38,866.39 and N20.3350 trillion respectively.

READ: COVID-19, VAT, FX scarcity adversely impacted our operations in 2020 – Nigerian Breweries boss says

What you should know

The NSE Industrial Index was designed to provide an investable benchmark to capture the performance of the Industrial Sector. It comprises the most capitalized and liquid companies in the industrial sector and is based on the market capitalization methodology.

The index tracks the performance of ten industrial companies on the Nigerian Stock Exchange which includes Dangote, BUA, and Lafarge Cement.

The overall performance of the companies for the week was bearish, as the index closed on a negative note driven by the decrease in the share price of BUA Cement and Lafarge.

Hotflex
Sigma Pensions

MEYER (19.51) was the only gainer for the week, while BUACEMENT (-1.09%) and LAFARGE WAPCO (-3.00%) were the only losers for the week.

GAINER

  • MEYER up by19.51% to close at N0.49.

LOSER

  • WAPCO down by -3.00% to close at N21.00.
  • BUACEMENT down by -1.09% to close at N72.70.

Continue Reading

Consumer Goods

Consumer goods index gains 6.16 points, driven by gains in Nestle, Flourmills and Honeywell shares

The NSE Consumer goods index gained 6.16 index points following gains in the share prices of Nestle, Flourmills and Honeywell.

Published

on

EFG Hermes, Impact of COVID-19 pandemic on consumer packaged goods in Nigeria

The Nigerian Stock Exchange Consumer Goods Index (CGI), a market index that tracks the performance of consumer goods companies, gained a total of 6.16 index points, to close the first week of active trading in April at 556.03 index points following the gains in the shares of Nestle, Flour Mills of Nigeria and Honeywell Flour Mills.

A preview of the index performance for the week revealed that at the close of trading activities on Friday 9th of April 2021, the NSECG index appreciated by 1.12% to close the week higher at 556.03 index points, from 549.87 index points at the open of trade for the week.

In line with this, the index gained a total of 6.16 index points at the close of trade for the week.

READ: Three consumer goods stocks that beat Nigeria’s 17.33% inflation rate

The index performed better when compared to the market index, noting that the All-Share Index and the market capitalization depreciated by 0.13%, to close the week at 38,866.39 and N20.335 trillion respectively.

READ: Flour Mills shares surge by 6.9%, lifting the miller’s capitalization by N8.2 billion

What you should know

  • The NSE Consumer goods Index was designed to provide an investable benchmark to capture the performance of companies in the consumer goods sector. The index comprises the most capitalized and liquid companies in food, beverage, and tobacco.
  • The index is based on the market capitalization methodology, as it tracks the performance of fifteen consumer goods companies on the Nigerian Stock Exchange which includes, Nestle, Nigerian Breweries (NB), Dangote Sugar, and International Breweries.
  • The overall performance of the companies was relatively bullish, as the index closed on a positive note, 6.16 index points higher.
  • FLOURMILLS (6.90%) led the gainers’ chart, followed by HONYFLOUR (4.24%), while GUINNESS (-17.27%) topped the losers list, followed by CADBURY (-3.03%).

READ: PZ Cussons shares lose N3 billion in three sessions on NSE

Sigma Pensions

Top gainers

  • FLOURMILLS up by 6.90% to close at N31.00.
  • HONYFLOUR up by 4.24% to close at N1.23.
  • NESTLE up by 3.27% to close at N1420.

Top losers

  • GUINNESS down by -17.27% to close at N29.70.
  • CADBURY down by -3.03% to close at N8.00.
  • INTBREW down by -1.72% to close at N5.70.
  • CHAMPION down by -1.33% to close at N2.22.

Continue Reading

  





Nairametrics | Company Earnings

Access our Live Feed portal for the latest company earnings as they drop.