Login to your account

Username *
Password *
Remember Me

Nigeria’s equities benchmark index opened the week on a positive note. The NSE-ASI gained 0.21% to close at 41,088.96pts. Year to date return and market capitalization settled at 2.03%, and N21.49 trillion respectively. 

 

A total volume of 333 million units of shares, valued at N2.64billion exchanged hands in 5,640 deals. TRANSCORP (-5.26%) finished the most traded shares by volume at 48.9million, while ZENITHBANK (0.00%) topped by value at N418million.  



Market breadth was however inverse of the broad index with 30 losers against 19 gainers. MRS (+9.82%) led the gainer’s chart today, while CILEASING (-10.00%) was the top loser.

 

Performance across sectors was mixed, as Oil & Gas (-0.80%), Consumer Goods (-0.72%) and Insurance (-0.58%) closed in red, while the Industrial and Banking indexes improved by +0.54 and 0.49% respectively.

 

Sector Performances

NSE Industrial Index: Up 0.54% on gains in WAPCO (+1.92%) and DANGCEM (+0.85%).

NSE Banking Index: Advanced by 0.49% as UBN (+6.31%), ETI (+0.77%) and UBA (+0.57%) closed north.

NSE Oil & Gas Index: Down by 0.80% due to the sell-offs in ARDOVA (-9.78%) and OANDO (-3.55%).

NSE Consumer Goods Index: Fell by 0.72% due to price depreciation in HONYFLOUR (-6.35%), NASCON (-5.81%) and UNILEVER (-2.22%).

NSE Insurance Index: Shed 0.58%, on losses in ROYALEX (-10.00%), WAPIC (-8.47%), AIICO (-4.62%) and NEM (-2.88%).

 

MorganCapital Research

We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Use.