Nigeria Stock Market News- Enterprise Capital Brief 24-08-2018

Nigeria Stock Market News- Enterprise Capital Brief 24-08-2018

The Nigerian’s stock market crowned the week on the positive note as the market records an upward trend at 0.63 per cent at the end of trading, recording eighteen (18) advancers against fifteen decliners (15). Noting UBA, NEM, ETI, REGALINS and FBNH as the most active and major contributor to the day’s trading.

The market capitalisation of listed equities fell to N 12,933.3 trillion while the All Share Index of the Nigerian Stock Exchange closed at 35,426.21 basis points.

The advancers table was led by Skye Bank, trading at 9.62 per cent to close at 0.57 kobo per share, seconded by Newrest Asl Nigeria Plc. at 9.28 per cent to close at N5.30 per share, Japaul Oil & Gas Services Plc. at 8.33 per cent to close at 0.26 kobo per share, NEM Insurance Plc. traded at 5.26 per cent to close at N3.00 per share, Flour Mills of Nigeria Plc. at 4.88 per cent to close at N21.50 per share.

And on the decliners table, UPL Ltd. declined at -10 per cent to close at N2.07 per share, Africa Prudential Plc. at -8.64 per cent to close at N3.70 per share, Regency Alliance Insurance Co Plc. at -8.33 per cent to close at 0.22 kobo per share, Wapic Insurance Plc. at -8.11 per cent to close at 0.34 kobo per share, Wema Bank at -7.69 per cent to close at 0.60 kobo per share.

SNAPSHOT

ASI 35,426.21
DEALS 3,313.00
VOLUME 527,740,652.00
VALUE N4,526,621,294.24
EQUITY CAP N12,933,302,312,937.46
BOND CAP N10,077,984,512,471.10
ETF CAP N6,305,416,809.26

TOP 5 ADVANCERS

S/N SYMBOL 23/8/2018 24/8/2018 GAIN(N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 SKYEBANK 0.52 0.57 0.05 9.62
2 AIRSERVICE 4.85 5.3 0.45 9.28
3 JAPAULOIL 0.24 0.26 0.02 8.33
4 NEM 2.85 3 0.15 5.26
5 FLOURMILL 20.5 21.5 1 4.88

TOP 5 DECLINERS

S/N SYMBOL 23/8/2018 24/8/2018 LOSS (N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 UPL 2.3 2.07 -0.23 -10
2 AFRIPRUD 4.05 3.7 -0.35 -8.64
3 REGALINS 0.24 0.22 -0.02 -8.33
4 WAPIC 0.37 0.34 -0.03 -8.11
5 WEMABANK 0.65 0.6 -0.05 -7.69

TOP 5 TRADES

S/N SYMBOL VOLUME VALUE
1 UBA 235,663,308 N1,885,248,667.30
2 NEM 93,094,595 N279,186,219.17
3 ETI 21,905,032 N438,028,195.80
4 REGALINS 18,812,500 N4,191,170.00
5 FBNH 17,939,357 N172,671,103.05

 

EXCHANGE RATE ON PARALLEL MARKET
NGN USD GBP EUR YEN AED RAND
Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell
24/8/2018 357 / 360 457 / 464 403 / 410 43 / 53 96 / 105 25 / 31

 

Facebook Comments

All rights reserved. Kindly share news, opinion, contributions and press releases with us at editor@enterprisenetwork.africa