Investors Lost N326 Billion in January, February Turns Green

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Investors Lost N326 Billion in January, February Turns Green

Investors in the nation’s stock market lost a total of N326 billion in January as the market remains bearish on the floor of the Nigerian Stock Exchange (NSE).

It leapt to its lowest level in more than one and a half years on January 9 as the market capitalisation of equities listed the NSE fell below the N11 trillion marks from N11.72 trillion on December 31, 2018. The market capitalisation dipped to N10.940 trillion, the lowest since June 5, 2017, while the NSE All Share Index fell below the 30,000 basis points mark to 29,336.80 bps.

The market capitalisation dropped by 1.89 per cent to N11.394 trillion on Thursday from N11.614 trillion the previous day while the ASI fell to 30,557.20 bps from 31,145.34 bps.

Stocks on the floor start the new month bullish also as it close trading positive at 0.26 per cent. Noting GUARANTY, FBNH, TRANSCORP, ACCESS and FCMB as the most active and major contributor to the day’s trading.

Twenty-six stocks appreciated, UACN leading the top five (5) advancers chart at 9.52 per cent to close at N9.20 per share, seconded by FCMB per cent to close at 9.14 per cent to close at N2.15 per share, FIDELITYBK at 9.09 per cent to close at N2.40 per share, MCNICHOLS at 9.09 per cent to close at 0.36 kobo per share and LASACO at 6.90 per cent to close at 0.31 kobo per share.

While eleven stocks decline with UNIONDAC led the five (5) decliners chart led by, trading at -10 per cent to close at 0.27 kobo per share, CORNERST followed by -9.09 per cent to close at 0.20 kobo per share, SUNUASSUR declined at -9.09 per cent to close at 0.20 kobo per share, CCNN at -8.33 per cent to close at N22 per share and CHIPLC at -6.45 per cent to close at 0.29 kobo per share.

SNAPSHOT

ASI 30,636.36
DEALS 3,144.00
VOLUME 270,938,797.00
VALUE N4,418,316,988.42
EQUITY CAP N11,424,451,924,449.43
BOND CAP N10,251,375,415,287.10
ETF CAP N6,054,505,072.02

TOP 5 ADVANCERS

S/N SYMBOL 31/1/2019 1/2/2019 GAIN(N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 UACN 8.4 9.2 0.8 9.52
2 FCMB 1.97 2.15 0.18 9.14
3 FIDELITYBK 2.2 2.4 0.2 9.09
4 MCNICHOLS 0.33 0.36 0.03 9.09
5 LASACO 0.29 0.31 0.02 6.9

TOP 5 DECLINERS

S/N SYMBOL 31/2/2019 1/2/2019 LOSS (N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 UNIONDAC 0 0.27 -0.03 -10
2 CORNERST 0.22 0.2 -0.02 -9.09
3 SUNUASSUR 0.22 0.2 -0.02 -9.09
4 CCNN 24.00 22.00 -2 -8.33
5 CHIPLC 0.31 0.29 -0.02 -6.45

TOP 5 TRADES

S/N SYMBOL VOLUME VALUE
1 GUARANTY 65,220,034 N2,195,343,729.65
2 FBNH 28,289,175 N209,714,186.70
3 TRANSCORP 23,580,417 N29,676,691.05
4 ACCESS 22,869,259 N137,129,636.85
5 FCMB 20,498,103 N42,531,957.42

 

EXCHANGE RATE ON PARALLEL MARKET
NGN USD GBP EUR YEN AED RAND
Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell
1/2/2019 358 / 361 468 / 472 406 / 411 45 / 54 105 / 115 22 / 30

 

 

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