Nigeria Stock Market News- Enterprise Capital Brief 23-07-2018

Nigeria Stock Market News- Enterprise Capital Brief 23-07-2018

Equities market commence the week’s trading on a positive note, as NSEASI appreciated by 0.30 per cent to close at 36,711.96 basis points as against the previous week’s depreciation recorded.

Significantly, the market capitalization close at N13,299 trillion recording –N39 billion upward trend as against it’s the previous closing at N 13,259 trillion.

The market breadth closed trading recording twenty (20) advancers as against eighteen (18) decliners. Noting MEDVIEWAIR, TRANSCORP, ZENITHBANK, GUARANTY and ACCESS as the most active and major contributors the day’s trading.

Leading the advancers table, Cutix Plc. traded at 10.00 per cent to close at N3.30 per share, seconded by Continental Reinsurance trading at 6.00 per cent to close at N1.59 per share, Wema Bank at 5.80 per cent to close trading at 73 kobo per share, Transnational Corporation of Nigeria traded at 4.27 per cent to close at N1.22 per share, Japaul Oil & Gas Services Plc at 3.23 per cent to close at 32 kobo per share.

While leading the negative side of trading, Abbey Mortgage Bank Plc. traded at -10.00 per cent to close at N1.17 per share, UPL Limited declined at -9.80 per cent to close at N2.30 per share, Forte Oil traded at -9.68 per cent to close at N25.20 per share, UACN Property Development Company Plc. at -9.42 per cent to close at N1.73 per share, AIICO Insurance at -8.96 per cent to close at 61 kobo per share.

SNAPSHOT

ASI 36,711.96
DEALS 3,624.00
VOLUME 226,272,612.00
VALUE N2,208,019,302.73
EQUITY CAP N13,298,928,220,042.31
BOND CAP N10,076,222,263,330.70
ETF CAP N6,430,619,184.89

 

TOP 5 ADVANCERS

S/N SYMBOL 20/7/2018 23/7/2018 GAIN(N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 CUTIX 3 3.3 0.3 10
2 CONTINSURE 1.5 1.59 0.09 6
3 WEMABANK 0.69 0.73 0.04 5.8
4 TRANSCORP 1.17 1.22 0.05 4.27
5 JAPAULOIL 0.31 0.32 0.01 3.23

 

TOP 5 DECLINERS

S/N SYMBOL 20/7/2018 23/7/2018 LOSS (N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 ABBEYBDS 1.3 1.17 -0.13 -10
2 UPL 2.55 2.3 -0.25 -9.8
3 FO 27.9 25.2 -2.7 -9.68
4 UAC-PROP 1.91 1.73 -0.18 -9.42
5 AIICO 0.67 0.61 -0.06 -8.96

 

TOP 5 TRADES

S/N SYMBOL VOLUME VALUE
1 MEDVIEWAIR 100,000,001 N214,000,002.14
2 TRANSCORP 16,146,104 N19,557,366.21
3 ZENITHBANK 11,293,315 N260,272,447.45
4 GUARANTY 8,194,019 N315,546,051.45
5 ACCESS 6,748,307 N67,513,802.96

 

EXCHANGE RATE ON PARALLEL MARKET
NGN USD GBP EUR YEN AED RAND
Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell
23/7/2018 357 / 360 475 / 480 415 / 420 46 / 55 90 / 104 25 / 30

 

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