Stocks Extends Upward Trend Ahead of 2019 General Election

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Stocks Extends Upward Trend Ahead of 2019 General Election

Stocks traded on the floor of the Nigerian Stock Exchange (NSE) extends gains as it records an upward trend despite doubts due to the forth-coming election. Noting DIAMONDBNK, ZENITHBANK, GUARANTY, TRANSCORP and ACCESS 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 N12,105 trillion while the All Share Index of the Exchange closed at 32,462.31 basis points.

Thirty-eight stocks appreciated at the end of the day’s trading as DANGFLOUR leads the top five (5) advancers chart at 10 per cent to close at N8.25 per share, seconded by LIVESTOCK at 10 per cent to close at 0.55 kobo per share, NPFMCRFBK at 10 per cent to close at N1.65 per share, JAIZBANK at 10 per cent to close at 0.55 kobo per share and CHAMPION at 9.88 per cent to close at N1.78 per share.

While fourteen (14) stocks declined with REGALINS leading at -8 per cent to close at 0.23 kobo per share, UAC-PROP declined at -7.85 per cent to close at N1.76 per share, LASACO at -6.06 per cent to close at 0.31 kobo per share, UNITYBNK at -5.94 per cent to close at 0.95 kobo per share and AIICO at -5.19 per cent to close at 0.73 kobo per share.

SNAPSHOT

ASI 32,462.31
DEALS 7,052.00
VOLUME 580,413,252.00
VALUE N8,032,246,078.12
EQUITY CAP N12,105,704,637,096.35
BOND CAP N10,262,136,046,619.90
ETF CAP N6,229,155,197.48

TOP 5 ADVANCERS

S/N SYMBOL 11/2/2019 12/2/2019 GAIN(N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 DANGFLOUR 7.5 8.25 0.75 10
2 LIVESTOCK 0.5 0.55 0.05 10
3 NPFMCRFBK 1.5 1.65 0.15 10
4 JAIZBANK 0.5 0.55 0.05 10
5 CHAMPION 1.62 1.78 0.16 9.88

TOP 5 DECLINERS

S/N SYMBOL 11/2/2019 12/2/2019 LOSS (N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 REGALINS 0 0.23 -0.02 -8
2 UAC-PROP 1.91 1.76 -0.15 -7.85
3 LASACO 0.33 0.31 -0.02 -6.06
4 UNITYBNK 1.01 0.95 -0.06 -5.94
5 AIICO 0.77 0.73 -0.04 -5.19

TOP 5 TRADES

S/N SYMBOL VOLUME VALUE
1 DIAMONDBNK 125,817,086 N304,389,753.05
2 ZENITHBANK 63,177,801 N1,584,481,674.25
3 GUARANTY 57,134,669 N2,226,706,209.15
4 TRANSCORP 49,719,118 N76,049,208.84
5 ACCESS 49,488,736 N354,098,509.90

 

EXCHANGE RATE ON PARALLEL MARKET
NGN USD GBP EUR YEN AED RAND
Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell
12/2/2019 358 / 361 470 / 473 406 / 411 47 / 54 95 / 110 22 / 30
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