Markets Begin Week in Negative Note, Twenty-Five Stocks Decline at -0.82%,

Enterprise Network-NSE Corporate Challenge Receives Boost from Beta Glass, FCMB Nigeria Stock Exchange Floor, Photo Credit: EnterpriseNetwork.Africa

Markets Begin Week in Negative Note, Twenty-Five Stocks Decline at -0.82%,

The Nation’s stock market opens the week’s trading in negativity as it commences in decline on the floor of the Nigerian Stock Exchange at -0.82 per cent at the end of trading, recording fourteen (14) advancers against twenty-five (25) decliners. Noting DIAMONDBNK, FBNH, STERLNBANK, UBA and ZENITHBANK as the most active and major contributor to the day’s trading.

The market capitalisation of listed equities on the Exchange appreciated as it closed trading at N11,176.7 trillion while the All Share Index of the Nigerian Stock Exchange closed at 30,614.73 basis points.

Top five (5) leading trades, opening the week’s chart of advancers led by TRANSEXPR at 8.47 per cent to close at 0.64 kobo per share, seconded by FO at 6.39 per cent to close at N19.15 per share, VITAFOAM appreciated at 5.52 per cent to close at N3.44 per share, STERLNBANK at 3.57 per cent to close at N1.74 per share and UBA at 2 per cent to close at N7.65 per share.

While twenty-five stock depreciated, with LIVESTOCK leading the top five (5) trades at -9.62 per cent to close at 0.47 kobo per share, CORNERST followed by -9.09 per cent to close at 0.20 kobo per share, MBENEFIT declined at -8.70 per cent to close at 0.21 kobo per share, MOBIL at -8.47 per cent to close at N160 per share and UACN at -7 per cent to close at N9.30 per share.

SNAPSHOT

ASI 30,614.73
DEALS 3,193.00
VOLUME 164,582,396.00
VALUE N1,666,271,052.64
EQUITY CAP N11,176,760,901,488.95
BOND CAP N10,145,079,898,724.60
ETF CAP N5,832,601,196.89

TOP 5 ADVANCERS

S/N SYMBOL 7/12/2018 10/12/2018 GAIN(N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 TRANSEXPR 0.59 0.64 0.05 8.47
2 FO 18 19.15 1.15 6.39
3 VITAFOAM 3.26 3.44 0.18 5.52
4 STERLNBANK 1.68 1.74 0.06 3.57
5 UBA 7.50 7.65 0.15 2

TOP 5 DECLINERS

S/N SYMBOL 7/12/2018 10/12/2018 LOSS (N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 LIVESTOCK 1 0.47 -0.05 -9.62
2 CORNERST 0.22 0.2 -0.02 -9.09
3 MBENEFIT 0.23 0.21 -0.02 -8.7
4 MOBIL 174.80 160.00 -14.8 -8.47
5 UACN 10 9.3 -0.7 -7

TOP 5 TRADES

S/N SYMBOL VOLUME VALUE
1 DIAMONDBNK 44,920,331 N45,596,025.41
2 FBNH 28,145,111 N214,219,371.25
3 STERLNBANK 15,410,097 N25,490,256.52
4 UBA 8,929,531 N67,858,301.20
5 ZENITHBANK 8,922,806 N207,791,468.50

 

EXCHANGE RATE ON PARALLEL MARKET
NGN USD GBP EUR YEN AED RAND
Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell
10/12/2018 361 / 365 460 / 465 408 / 412 50 / 56 110 / 116 20 / 29
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