New Week Opens Bearish, Market Continues to Dip Further

Enterprise Network- NSE Suspends Trading in Shares of 11 Companies Enterprise Network-NSE Suspends Trading in Shares of 11 Companies

New Week Opens Bearish, Market Continues to Dip Further

A total turnover of 868.739 million shares worth N15.792 billion in 12,201 deals were traded on a four days trading last week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 768.983 million shares valued at N12.546 billion that exchanged hands last week in 11,291 deals.

The NSE All-Share Index and Market Capitalization depreciated by 1.27 per cent to close the week at 30,046.70 and N13.233 trillion respectively.

However, the week opens negative on Monday as bears pull down trades to decline as market closed at -0.37 per cent or 29,936.33 basis point.  ROYALEX lead twenty others, topping the top five decliners chart at -8.33 per cent to close at 0.22 kobo per share, NAHCO followed trading at -6.35 per cent to close at N2.80 per share, THOMASWY at -6.06 per cent to close at 0.31 kobo per share, OANDO at -5.13 per cent to close at N3.70 per share and UCAP at -4.72 per cent to close at N2.22 per share.

Similarly, the top five advancers chart led by PRESTIGE trading at 10 per cent to close at 0.55 kobo per share, FO at 9.86 per cent to close at N32.30 per share, WAPIC at 9.76 per cent to close at 0.45 kobo per share, COURTVILLE declined at 9.52 per cent to close at 0.23 kobo per share and JAPAULOIL at 4.17 per cent to close at 0.25 kobo per share.

SNAPSHOT

ASI 29,936.33
DEALS 3,360.00
VOLUME 2,864,957,558.00
VALUE N3,922,162,155.43
EQUITY CAP N13,192,081,152,253.86
BOND CAP N12,511,210,016,208.40
ETF CAP N5,542,497,794.58

TOP 5 ADVANCERS

S/N SYMBOL 14/6/2019 17/6/2019 GAIN(N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 PRESTIGE 0.5 0.55 0.05 10
2 FO 29.4 32.3 2.9 9.86
3 WAPIC 0.41 0.45 0.04 9.76
4 COURTVILLE 0.21 0.23 0.02 9.52
5 JAPAULOIL 0.24 0.25 0.01 4.17

TOP 5 DECLINERS

S/N SYMBOL 14/6/2019 17/6/2019 LOSS (N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 ROYALEX 0 0.22 -0.02 -8.33
2 NAHCO 2.99 2.8 -0.19 -6.35
3 THOMASWY 0.33 0.31 -0.02 -6.06
4 OANDO 3.90 3.70 -0.2 -5.13
5 UCAP 2.33 2.22 -0.11 -4.72

TOP 5 TRADES

S/N SYMBOL VOLUME VALUE
1 WEMABANK 2,695,950,744 N1,712,956,888.08
2 FIDELITYBK 24,643,673 N42,876,370.67
3 THOMASWY 22,912,845 N7,103,044.95
4 ZENITHBANK 15,637,665 N315,170,532.75
5 ACCESS 10,444,238 N66,292,012.10

 

EXCHANGE RATE ON PARALLEL MARKET
NGN USD GBP EUR YEN AED RAND
Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell
17/6/2019 359 / 361 458 / 463 400 / 404 48 / 55 97 / 110 22 / 30
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