Equities market waxes stronger, NSE ASI up 2.2%
January 16, 20181.5K views0 comments
The equities market sustained its positive close Tuesday as The Nigerian Stock Exchange All-Share- Index inched 2.2% higher to 44,054.72 while year-to-date (YTD) return improved to 15.2%. Consequently, Investors gained N335.2bn as market capitalisation settled at N15.8 trillion.
Today’s positive performance was largely driven by sustained buying interest in market bellwethers- DANGCEM (+2.0%), ZENITH (+4.7%) and FBNH (+10.2%). However, activity level was mixed as volume traded fell 13.0% to 635.4m units, while value traded advanced 21.2% to N7.6 billion.
Performance across sectors was largely bullish as four of the five indices closed northwards. The Industrial Goods index emerged the lone loser, down 0.4% largely due to selling pressures in WAPCO (-3.4%).
On the flip side, the Banking index appreciated the most, up 3.9% owing to a sector-wide rally. However, ZENITH (+4.7%), GUARANTY (+1.8%) and UBA(+5.0%) were the major drivers of this performance.
Nigeria equities’ turnover rises 121%, grosses N1.3trn in 2017
The Oil & Gas and Insurances indices trailed, rising 1.1% and 0.9% respectively on the back of gains in MOBIL (+5.0%), FORTE(+1.8%), MANSARD (+4.7%) and NEM (+4.5%). Similarly, price appreciation in DANGSUGAR (+5.0%), NIGERIAN BREWERIES (+0.3%) and GUINNESS (+4.6%) pulled the Consumer Goods index 0.3% higher.
Investors sentiment measured by market breadth (advance/decline ratio) strengthened to 2.9x from 1.0x recorded the previous trading day as 46 stocks advanced against 16 stocks that declined. The top-performing stocks were FBNH (+10.2%), STERLING (+10.0%) and DIAMOND (+10.0%), while HONYFLOUR (-6.0%), LAWUNION (-4.5%) and NPFMCRFBK(-4.2%) led laggards.
Going forward, we expect market performance to remain largely positive despite the possibility of profit taking by investors.
Date | Currency | Buy(₦) | Sell(₦) |
---|---|---|---|
09/08/2019 | Dollar | 358 | 360 |
09/08/2019 | Euro | 392 | 396 |
09/08/2019 | Pound | 444 | 450 |
08/08/2019 | Dollar | 358 | 360 |
08/08/2019 | Euro | 392 | 396 |
08/08/2019 | Pound | 444 | 450 |
11/8/2018 | Dollar | 357 | 360 |
11/8/2018 | Euro | 403 | 406 |
11/8/2018 | Pound | 467 | 472 |
02/5/2018 | Dollar | 360 | 362 |
02/5/2018 | Euro | 440 | 443 |
02/5/2018 | Pound | 500 | 505 |
03/5/2018 | Dollar | 360 | 362 |
03/5/2018 | Euro | 440 | 443 |
03/5/2018 | Pound | 500 | 505 |
03/8/2018 | Dollar | 357 | 360 |
03/8/2018 | Euro | 412 | 418 |
03/8/2018 | Pound | 470 | 478 |
4/4/2018 | Dollar | 360 | 362 |
4/4/2018 | Euro | 442 | 444 |
4/4/2018 | Pound | 503 | 506 |
04/5/2018 | Dollar | 360 | 363 |
04/5/2018 | Euro | 436 | 442 |
04/5/2018 | Pound | 498 | 502 |
4/6/2018 | Dollar | 361 | 363 |
4/6/2018 | Euro | 418 | 420 |
4/6/2018 | Pound | 484 | 487 |
5/4/2018 | Dollar | 360 | 362 |
5/4/2018 | Euro | 442 | 443 |
5/4/2018 | Pound | 503 | 506 |
5/6/2018 | Dollar | 361 | 363 |
5/6/2018 | Euro | 418 | 420 |
5/6/2018 | Pound | 485 | 490 |
5/9/2018 | Dollar | 357 | 361 |
5/9/2018 | Euro | 410 | 416 |
5/9/2018 | Pound | 460 | 466 |
06/4/2018 | Dollar | 360 | 362 |
06/4/2018 | Euro | 438 | 445 |
06/4/2018 | Pound | 498 | 505 |
6/4/2018 | Dollar | 360 | 362 |
6/4/2018 | Euro | 442 | 443 |
6/4/2018 | Pound | 503 | 506 |
6/6/2018 | Dollar | 360 | 362 |
6/6/2018 | Euro | 417 | 420 |
6/6/2018 | Pound | 480 | 487 |
07/5/2018 | Dollar | 360 | 362 |
07/5/2018 | Euro | 430 | 437 |
07/5/2018 | Pound | 495 | 503 |
7/6/2018 | Dollar | 360 | 362 |
7/6/2018 | Euro | 415 | 422 |
7/6/2018 | Pound | 480 | 487 |
07/8/2018 | Dollar | 357 | 360 |
07/8/2018 | Euro | 409 | 414 |
07/8/2018 | Pound | 467 | 475 |
08/5/2018 | Dollar | 361 | 363 |
08/5/2018 | Euro | 432 | 435 |
08/5/2018 | Pound | 498 | 503 |
8/6/2018 | Dollar | 360 | 362 |
8/6/2018 | Euro | 415 | 421 |
8/6/2018 | Pound | 480 | 487 |
09/5/2018 | Dollar | 361 | 363 |
09/5/2018 | Euro | 430 | 435 |
09/5/2018 | Pound | 495 | 500 |
10/4/2018 | Dollar | 360 | 362 |
10/4/2018 | Euro | 438 | 445 |
10/4/2018 | Pound | 497 | 505 |
10/5/2018 | Dollar | 361 | 363 |
10/5/2018 | Euro | 427 | 430 |
10/5/2018 | Pound | 495 | 500 |
11/4/2018 | Dollar | 360 | 362 |
11/4/2018 | Euro | 442 | 444 |
11/4/2018 | Pound | 500 | 504 |
11/5/2018 | Dollar | 361 | 363 |
11/5/2018 | Euro | 425 | 430 |
11/5/2018 | Pound | 495 | 500 |
12/4/2018 | Dollar | 360 | 362 |
12/4/2018 | Euro | 440 | 443 |
12/4/2018 | Pound | 502 | 507 |
12/9/2018 | Dollar | 358 | 360 |
12/9/2018 | Euro | 410 | 415 |
12/9/2018 | Pound | 465 | 470 |
13/4/2018 | Dollar | 360 | 362 |
13/4/2018 | Euro | 440 | 443 |
13/4/2018 | Pound | 502 | 507 |
14/5/2018 | Dollar | 361 | 363 |
14/5/2018 | Euro | 427 | 430 |
14/5/2018 | Pound | 495 | 500 |
14/8/2018 | Dollar | 357 | 360 |
14/8/2018 | Euro | 408 | 416 |
14/8/2018 | Pound | 465 | 470 |
15/5/2018 | Dollar | 361 | 363 |
15/5/2018 | Euro | 425 | 430 |
15/5/2018 | Pound | 493 | 500 |
16/4/2018 | Dollar | 360 | 362 |
16/4/2018 | Euro | 442 | 444 |
16/4/2018 | Pound | 503 | 508 |
16/5/2018 | Dollar | 361 | 363 |
16/5/2018 | Euro | 425 | 430 |
16/5/2018 | Pound | 493 | 500 |
16/7/2018 | Dollar | 358 | 361 |
16/7/2018 | Euro | 414 | 418 |
16/7/2018 | Pound | 475 | 481 |
17/4/2018 | Dollar | 360 | 363 |
17/4/2018 | Euro | 442 | 445 |
17/4/2018 | Pound | 504 | 510 |
17/5/2018 | Dollar | 361 | 363 |
17/5/2018 | Euro | 425 | 430 |
17/5/2018 | Pound | 493 | 498 |
17/7/2018 | Dollar | 358 | 361 |
17/7/2018 | Euro | 414 | 418 |
17/7/2018 | Pound | 475 | 482 |
17/8/2018 | Dollar | 357 | 360 |
17/8/2018 | Euro | 405 | 412 |
17/8/2018 | Pound | 463 | 467 |
18/4/2018 | Dollar | 360 | 363 |
18/4/2018 | Euro | 440 | 444 |
18/4/2018 | Pound | 504 | 510 |
18/5/2018 | Dollar | 361 | 363 |
18/5/2018 | Euro | 425 | 428 |
18/5/2018 | Pound | 493 | 500 |
18/7/2018 | Dollar | 356 | 360 |
18/7/2018 | Euro | 414 | 418 |
18/7/2018 | Pound | 475 | 480 |
19/4/2018 | Dollar | 361 | 363 |
19/4/2018 | Euro | 441 | 444 |
19/4/2018 | Pound | 508 | 511 |
20/4/2018 | Dollar | 361 | 363 |
20/4/2018 | Euro | 440 | 443 |
20/4/2018 | Pound | 508 | 511 |
20/7/2018 | Dollar | 357 | 360 |
20/7/2018 | Euro | 415 | 420 |
20/7/2018 | Pound | 475 | 483 |
21/5/2018 | Dollar | 362 | 365 |
21/5/2018 | Euro | 425 | 430 |
21/5/2018 | Pound | 485 | 495 |
22/5/2018 | Dollar | 362 | 364 |
22/5/2018 | Euro | 423 | 430 |
22/5/2018 | Pound | 485 | 495 |
23/4/2018 | Dollar | 361 | 363 |
23/4/2018 | Euro | 440 | 444 |
23/4/2018 | Pound | 506 | 511 |
23/5/2018 | Dollar | 362 | 365 |
23/5/2018 | Euro | 425 | 430 |
23/5/2018 | Pound | 490 | 495 |
23/7/2018 | Dollar | 357 | 360 |
23/7/2018 | Euro | 415 | 420 |
23/7/2018 | Pound | 475 | 483 |
24/4/2018 | Dollar | 360 | 363 |
24/4/2018 | Euro | 440 | 444 |
24/4/2018 | Pound | 505 | 511 |
24/5/2018 | Dollar | 362 | 365 |
24/5/2018 | Euro | 425 | 430 |
24/5/2018 | Pound | 490 | 495 |
25/4/2018 | Dollar | 360 | 363 |
25/4/2018 | Euro | 442 | 444 |
25/4/2018 | Pound | 503 | 508 |
25/9/2018 | Dollar | 358 | 361 |
25/9/2018 | Euro | 415 | 420 |
25/9/2018 | Pound | 475 | 480 |
26/4/2018 | Dollar | 361 | 363 |
26/4/2018 | Euro | 439 | 443 |
26/4/2018 | Pound | 503 | 507 |
26/7/2018 | Dollar | 357 | 360 |
26/7/2018 | Euro | 413 | 418 |
26/7/2018 | Pound | 475 | 480 |
27/4/2018 | Dollar | 361 | 363 |
27/4/2018 | Euro | 440 | 444 |
27/4/2018 | Pound | 500 | 504 |
28/5/2018 | Dollar | 362 | 367 |
28/5/2018 | Euro | 425 | 430 |
28/5/2018 | Pound | 495 | 500 |
30/4/2018 | Dollar | 360 | 363 |
30/4/2018 | Euro | 440 | 443 |
30/4/2018 | Pound | 500 | 505 |
30/5/2018 | Dollar | 362 | 365 |
30/5/2018 | Euro | 423 | 428 |
30/5/2018 | Pound | 493 | 498 |
31/5/2018 | Dollar | 361 | 363 |
31/5/2018 | Euro | 423 | 426 |
31/5/2018 | Pound | 493 | 495 |