Nigerian Stocks ended the last trading session of the year on an impressive note.
The All Share Index gained +1.92% to close at 40,270.72 index points as against the +1.03% surge recorded on Wednesday. Its Year-to-Date (YTD) returns currently stands at +50%.
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- It’s important to note that such yearly returns seen in the Nigerian Stock Exchange were the first in 17 years.
- Nigerian Stock Exchange capitalization settled at N21.057 trillion.
To close the year, a total volume of 710.7 billion units of shares, valued at N10.0billion exchanged hands in 4,396 deals. AIICO was the most traded shares by volume with 205.9 million units, while ZENITHBANK topped by value at N1.09 billion.
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- Market breadth was however inverse of the broad index with 24 losers and 18 gainers. BOCGAS (+10.00%) led the gainer’s chart today, while ETERNA (-9.09%) was the top loser.
- The sectorial performance was mixed as the Industrial and Oil & Gas sectors appreciated by 3.90% and 0.65%, while the Banking, Consumer Goods and Insurance sectors fell by -0.89%, -0.80% and -0.41%, respectively.
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Sector Performances
- NSE Industrial Index: Up by 3.90% on continued buy-interests in BUACEMENT (+9.87%).
- NSE Oil & Gas Index: Gained 0.65% on OANDO (+5.71%).
- NSE Banking Index: Down by -0.89% on price depreciation in ETI (-7.69%), ACCESS (-3.43%), and FIDELITYBK (-0.79%).
- NSE Consumer Goods Index: Fell by -0.80% as a result of the price shed in INTBREW (-8.32%) and DANGSUGAR (-1.68%)
- NSE Insurance Index: shed -0.41%, as AIICO (-8.87%) and LASACO (-5.41%) closed south.
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Top gainers
- BOCGAS up 10.00% to close at N9.57
- NNFM up 9.95% to close at N6.74
- CILEASING up 9.94% to close at N5.2
- BUACEMENT up 9.87% to close at N77.35
- MTNN up 6.19% to close at N169.9
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Top losers
- ETERNA down 9.09% to close at N5.1
- INTBREW down 8.32% to close at N5.95
- ETI down 7.69% to close at N6
- ACCESS down 3.43% to close at N8.45
- PRESCO down 1.18% to close at N70.95
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Outlook
The world’s best performing stock market ended the last trading session of the year on an impressive note, as investors increased their buying pressure, especially on blue-chip stocks that include MTN Nigeria, BUA cement.
- Investors’ appetite for riskier assets has remained strong amid an ultra-low yield prevailing on Nigerian fixed-income instruments.
- However, Nairametrics envisages cautious buying, amid stringent capital controls set in place by Nigeria’s Apex bank that could trigger lower Foreign Portfolio participation in the future.
Hello and thank you for this update.
Wanted to ask if I can get the stock prices as at December 31 2020