Monday 01
Market opens positive
Trading reopened with corporate performance indices of the Nigerian Stock Exchange (NSE,) All-Share Index increased slightly by 10.75 basis points or 0.04 per cent, from 22,985.00, while market capitalisation rose marginally by N3 billion or 0.05 per cent, from N5,535 trillion to N5,538 trillion.
30 stocks appreciated in price, while 35 others constituted the losers' table. Conoil Nigeria Plc led others on the gainers' table with 170 kobo to close at N35.87 per share.
African Petroleum Plc, topped the day's losers' table, shedding 176 kobo, to close at N45.70 per share, PZ Cussons Plc followed, dropping 70 kobo, to close at N25.30 per share.
The banking sub-sector dominated in volume term with 161.5 million shares, worth N1.6 billion in 3,560 deals, followed by the insurance sub-sector with 49.8 million units, worth N40.4 million in 394 deals. Volume was lifted by 43.3 million shares of Ecobank Plc, worth N250.7 million, followed by First Bank of Nigeria Plc's 34.4 million units worth N496.3 million, exchanged in 939 deals.
Tuesday 02
Continental Reinsurance drives volume
The stock of Continental Reinsurance Plc drove volume turnover on the Nigerian Stock Exchange (NSE) when the insurance company listed under the Insurance subsector traded 24 million shares about 33 per cent of the subsector's 64 million shares. Transnational Corporation Plc also traded 23 million shares, under the Conglomerates subsector.
The Banking subsector led sectorially with 130 million shares.
Investors traded 297.2 million shares worth N2.1 billion in 7,349 deals.
Conoil Plc topped on the gainers' table with a gain of 5 per cent or N1.79, it opened at N35.87 and closed at N37.66, Dangote Flour Mills Plc followed with a gain of N0.39 or 3.1 per cent, after it opened at N12.53 and closed at N12.92.
African Petroleum Plc shed 5 per cent or N2.28 to lead the losers' table, it opened at N45.70 but closed at N43.42.
The corporate indicators for measuring performance on NSE, the All Share Index (ASI) and the market capitalization moved up by 0.1 per cent. The ASI opened at 22, 995.75 basis points and closed at 23,019.16, thus appreciating by 23.41 basis points.
The market capitalization opened at N5.538 trillion, and closed at N5.544 trillion, adding N5 billion.
Wednesday 03
Bears regain control
Trading on the Nigerian stock Exchange (NSE) assumed a bearish trend as the market's corporate indicators the All Share Index (ASI) and the market capitalization closed negative. The ASI and the market capitalization went down by 0.07 per cent. The ASI opened at 23,019.16, basis points but closed at 23,003.57, thus depreciating by 15.59 basis points.
The market capitalization opened at N5.544 trillion, and closed at N5.540 trillion, adding N3 billion.
Conoil Plc led the gainers with a gain of 5 per cent or N1.88, it opened at N37.66 and closed at N39.54, Benue Cement Company Plc appreciated by 1 per cent or N0.49, after it opened at N50.10 and closed at N50.50.
Mobil Oil Nigeria Plc shed N4.51 or 4.6 per cent to top the losers' table, it opened at N97.51 but closed at N93.00, African Petroleum Plc dropped N2.17 or 5 per cent of its share price to emerge second, when it opened at N43.42 but closed at N41.25.
Investors traded 332 million shares worth N2.93 billion in 6,649 deals. The Banking subsector dominated the activity chart trading 201 million shares. Volume turnover was driven by Zenith Bank Plc, 85.4 million shares.
Thursday 04
Indices drop
Trading on the Nigerian stock Exchange (NSE) continued a bearish note as the market's corporate indices the All Share Index (ASI) and the market capitalization, again, closed negative. The ASI and the market capitalization went down by 0.3 per cent. The ASI opened at 23,003.57, basis points but closed at 22,931.43, thus depreciating by 72.14 basis points.
The market capitalization opened at N5.540 trillion, but closed at N5.522 trillion, losing N18 billion.
Investors exchanged N3.1 billion for 364.4 million shares in 7,541deals. The Banking subsector dominated the activity chart trading 213.3 million shares. Volume turnover was driven by Zenith Bank Plc, 93.3 million shares.
African Petroleum Plc dropped N1.55 or 3.8 per cent of its share price to emerge the lead loser on the losers' table, it opened at N41.25 but closed at N39.70.
Cadbury Nigeria Plc added N0.75 or 4.9 per cent to its share value to top on the gainers' table, it opened at N15.25 and closed at N16.00.
Friday 05
Market closes negative
Trading on the Nigerian stock Exchange (NSE) finally closed on a bearish note on the last trading day of the week with the market's corporate indices the All Share Index (ASI) and the market capitalization, sliding further down. The ASI and the market capitalization went down by 0.03 per cent. The ASI opened at 22,931.43, basis points but closed at 22,923.91, losing 7.52 basis points.
The market capitalization opened at N5. 522 trillion, but closed at N5.521trillion, dropping N1 billion.
Investors traded N4.22 billion for 444 million shares in 5,889 deals. The Banking subsector continued its dominance on the activity chart trading 334 million shares. Investors traded 185.33 million shares, about 30 per cent of the market's turnover for the day to emerge the most traded stock. Guaranty Trust Bank Plc traded 43.4 million shares.
African Petroleum Plc topped the gainers' table with a gain of 2 per cent or N0.80, it opened trading at N39.70 and closed at N40.50.
Cadbury Nigeria Plc shed 2.5 per cent or N0.40 to lead on the losers' table, it opened at N16.00 but closed at 15.60.
Thursday, Sep 09th
Last update:05:20:22 AM GMT
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