WEEKLY MARKET OVERVIEW WEEK 24.

WEEKLY MARKET OVERVIEW 

WEEK 24.

            June 10, 2016.

 


EQUITIES 

  Turnover (In Billion Units) Turnover in (Billion =N=) Total deals
Week  24 0.960 7.871 17,561
Week  23 1.263 11.583 17,434
Week  22 2.338 14.789 24,942
Week  21 2.446 13.145 23,680
Week  20 1.826 14.468 20,058
Week  19 0.9107 6.409 15023
Week  18 1.210 7.115 15,973
Week  17 0.885 5.829

 

13,870

 

Week  16 8.054 13.328 15,212
Week  15 1.111 6.201

 

15,315

 

Week  14 1.262

 

6.427

 

12,274

 

Week  13 1.552

 

10.453 14,994
Week  12 11.907 18.338 19,508
Week  11 1.111 7.448 15,562
Week  10 1.476 7.992 15,743
Week  09 4.476 11.742 14,124

 

INDEX MOVEMENT

Share Volume (Units) Worth in  (=N=) Deals
Financial Industry 782.476 M 4.114 B 10,477
Conglomerates 59.433 M 99.619 M 762
Consumer goods 46.553 M N2.833 B 2,703

 

The Financial Services Industry led the activity chart during the week (measured by share volume) contributing 81.51% and 52.27% to the total equity turnover volume and value respectively.

 

5 TOP PRICE GAINERS

Company Open Close Gain  (N) % Change
Unity Bank 0.92 1.20 0.28 30.43
N.E.M 0.77 0.96 0.19 24.68
Union Dicon 12.43 14.38 1.95 15.69
Neimeth Int 0.79 0.90 0.11 13.92
Oando 6.16 7.00 0.84 13.64

 

5 TOP PRICE LOSERS

Company Open Close Gain  (N) % Change
Cadbury Nigeria 20.50 18.51 1.99 9.71
Airline Services 1.92 1.74 0.18 9.38
UBA 4.72 4.29 0.43 9.11
Glaxo Smithkline 20.00 18.21 1.79 8.95
UBN 5.47 5.00 0.47 8.59

 

AUDITED ACCOUNTS

Two companies released their financials for the year ended 31st December, 2015 during the week.

Extract:

  Revenue Profit After Tax
  2015 2014 2015 2014
  N’000 N’000 N’000 N’000
Lasaco 5,102,097 5,633,596 283,320 445,745
Niger Ins. 10,496,777 11,064,824 600,911 690,967

 

COMPANIES CORPORATE ACTIONS

Companies PRESCO FORTIS CADBURY
Closure of Register 04-07-16 13-06-16 27-06-16
Proposed Dividend 100k/Share NIL 65k/Share
Payment Date 21-07-16 NIL 20-07-16
AGM Date 20-07-16 30-06-16 19-07-16
Bonus NIL 1 for 1 NIL

 

TOP TRADED

The Top Three Equities traded during the week are:

  1. UBA
  2. FBNH and
  3. Access Bank

 

It is on record that the top three traded stocks for the past weeks always include those of the financial sectors especially the banks.

Prominent are FBNH.UBA, Access among others.

Also of note is the fact that trading activities (turnover) during last week is low compared to the last three weeks.

Clients can considered the general low trading activities and the high appreciable high activities in the financial sectors in decision making.

 

* Please note that all companies so mentioned herein are quoted on the floor of the Nigerian Stock Exchange and are all Public Limited Companies.

 

NOTE: This publication is from the research desk of Calyx Securities Limited, based on available information as at date. Users are expected to review and form their own opinion as CSL will not be held liable or responsible for reliance on this publication.


 

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