Market Update

Nigerian Equities Market: Update 25th January, 2017

nseasi

Equities trading on the floor of the Nigerian Bourse recorded another mild outing towards the north. Total points gained at the end of today’s trade is 9Bpts, while Week to Date return turned positive at 6Bpts, and lost points within the month adjusted to 236Bpts. It was a mixed performance among the observed market indices as shown in the index movement table.

index-movement

Value gained by the market capitalization of the listed equities during today’s trading activities was N7.881 billion same as 9Bpts above the opening value.  Meanwhile, today’s trading activities produced 21 advancers and 16 lagers. NSEASI YtD loss is -2.36% while the Market Capitalization YtD loss stood at –N218.204 billion.

gainerslosers

Standing tall among the price percentage gainers for the day is Nascon that added 4.95% to its previous close price and closed at N7.84. Neimeth followed on market forces with 4.69% price appreciation, Custodian Insurance, Oando and Wapic completed the top 5 with 3.31%, 2.39% and 1.96% respectively.

Honeywell Flourmill topped the price percentage losers’ with 4.96% as it closed at N1.15 from N1.21. Livestock Feeds pitched second with 4.94% value loss while Ag-Leventis, UAC Properties and NAHCO completed the list with 4.65%, 4.64% and 4.41% respectively.

Please note that we maintained that traders should play cautiously around the market arena due to the weak volatility.

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Market Update

Nigerian Equities Market: Update 25th January, 2017

nseasi

Equities trading on the floor of the Nigerian Bourse recorded another mild outing towards the north. Total points gained at the end of today’s trade is 9Bpts, while Week to Date return turned positive at 6Bpts, and lost points within the month adjusted to 236Bpts. It was a mixed performance among the observed market indices as shown in the index movement table.

index-movement

Value gained by the market capitalization of the listed equities during today’s trading activities was N7.881 billion same as 9Bpts above the opening value.  Meanwhile, today’s trading activities produced 21 advancers and 16 lagers. NSEASI YtD loss is -2.36% while the Market Capitalization YtD loss stood at –N218.204 billion.

gainerslosers

Standing tall among the price percentage gainers for the day is Nascon that added 4.95% to its previous close price and closed at N7.84. Neimeth followed on market forces with 4.69% price appreciation, Custodian Insurance, Oando and Wapic completed the top 5 with 3.31%, 2.39% and 1.96% respectively.

Honeywell Flourmill topped the price percentage losers’ with 4.96% as it closed at N1.15 from N1.21. Livestock Feeds pitched second with 4.94% value loss while Ag-Leventis, UAC Properties and NAHCO completed the list with 4.65%, 4.64% and 4.41% respectively.

Please note that we maintained that traders should play cautiously around the market arena due to the weak volatility.

Comment here