Rounding up the last trading day of the week, equities trading on the floor of The Nigerian Stock Exchange gave up 96Bpts of its trading points, thereby closing NSEASI at 31,687.70 from 31,984.60. It was a mixed performance amongst the observed market indices as shown in the index movement table. Week to Date, lost points was 118Bpts while 243Bpts had been lost in the month of November. See the index movement table for details.
Value loss by the market capitalization of the listed equities during today’s trading activities was N111.680 billion, same as 96Bpts below the opening value. Meanwhile, trading activities for the day produced 14 advancers and 15 lagers. NSEASI Year to Date loss is now 17.17% while the Market Capitalization Year to Date loss stood at N2.044 trillion same as 15.02% below the year’s opening value.
Week Ended, 23rd November, 2018
The foru trading days of the week experienced a two days of both positive and negative endings each. As noted above, the lead performance pointer NSEASI loss 118Bpts of its trading points during the week; similarly, the Market Capitalization of the listed equities closed at N11.565 trillion after losing 118Bpts of its opening value.
Activities during the week moved 30 equities above their respective opening points while 24 shed prices and 115 equities remained unchanged. Leading on the advancers’ log for the week were; Prestige Assurance that added 41.07% each to its opening price and rounded up the week at N0.79 from N0.56. Pz Cussons followed on the log with 18.33% gain while Consolidated Hallmark, Flour Mills and NPF Micro Finance completed the top five list with, 15.15%, 15.12% and 12.50% gains respectively.
Decliners’ log on the other hand was led by Ikeja Hotel with 18.54% loss that closed the equity’s share price at N1.67 from N2.05. Lafarge Africa followed with 12.50% lost while Jaize Bank, Law Union and Unity Bank Plc completed the top five losers’ list with 8.89%, 8.77% and 8.60% loss respectively.
As at the time we compiled this report, Brent Crude trades at $59.34/bbl having gained marginal 0.54% from the last close price. See table below for other updates. Safe Trade