Stocks Persist Bearish, Foreign Investors Outflow Increase by 97.8%

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Stocks Persist Bearish, Foreign Investors Outflow Increase by 97.8%

The Nigerian Stock Exchange (NSE) has said foreign outflows from the stock market increased by 97.8 per cent from N27.81 billion in January 2019 to N55.01 billion in February. The NSE, in its latest foreign portfolio investment report, added that foreign inflows increased by 91.24 per cent from N22.97 billion to N43.93 billion between January and February.

The market however persist in decline as it close negative at -0.31 per cent, nineteen (19) stocks depreciates as ACADEMY topped the chart at -8.33 per cent to close at 0.33 kobo per share, CHIPLC declines at -6.90 per cent to close at 0.27 kobo per share, ACCESS at -6.57 per cent to close at N6.40 per share, NEM at -5.56 per cent to close at N2.21 per share and FIDELITYBK at -5.06 per cent to close at N2.25 per share.

While twelve (12) stocks appreciates with REDSTAREX leading at 10 per cent to close at N5.50 per share, UPL at 8.11 per cent to close at N2 per share, STANBIC at 6.59 per cent to close at N48.50 per share, AIICO at 4.17 per cent to close at 0.75 kobo per share and WEMABANK at 3.90 per cent to close at 0.80 kobo per share.

SNAPSHOT

ASI 31,042.32
DEALS 3,048.00
VOLUME 168,721,911.00
VALUE N3,751,627,631.68
EQUITY CAP N11,576,161,940,085.70
BOND CAP N10,637,033,075,723.30
ETF CAP N6,073,526,080.53

TOP 5 ADVANCERS

S/N SYMBOL 22/3/2019 25/3/2019 GAIN(N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 REDSTAREX 5 5.5 0.5 10
2 UPL 1.85 2 0.15 8.11
3 STANBIC 45.5 48.5 3 6.59
4 AIICO 0.72 0.75 0.03 4.17
5 WEMABANK 0.77 0.80 0.03 3.9

TOP 5 DECLINES

S/N SYMBOL 22/3/2019 25/3/2019 LOSS (N) %
CLOSING PRICE (N) CLOSING PRICE (N) CHANGE
1 ACADEMY 0 0.33 -0.03 -8.33
2 CHIPLC 0.29 0.27 -0.02 -6.9
3 ACCESS 6.85 6.4 -0.45 -6.57
4 NEM 2.34 2.21 -0.13 -5.56
5 FIDELITYBK 2.37 2.25 -0.12 -5.06

TOP 5 TRADES

S/N SYMBOL VOLUME VALUE
1 GUARANTY 46,974,914 N1,762,704,302.15
2 ZENITHBANK 28,643,560 N627,643,895.40
3 ACCESS 18,508,758 N121,979,450.50
4 FBNH 16,387,418 N134,410,923.50
5 UBA 8,111,586 N62,848,810.65

 

EXCHANGE RATE ON PARALLEL MARKET
NGN USD GBP EUR YEN AED RAND
Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell Buy/Sell
25/3/2019 357 / 360 470 / 474 402 / 406 47 / 53 100 / 110 22 / 30
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