WEEKLY MARKET OVERVIEW: WEEK 21

WEEKLY MARKET OVERVIEW 

WEEK 21.

    May 20, 2016.

EQUITIES

Last week Week 20 Week 19
Turnover (In Units) 2.446 Billion 1.826 Billion 910.659 Million
Turnover (in value) N13.145 B N14.468 B N6.409 B
Total deals 23,680 20,058 15,023

 

INDEX MOVEMENT

Share Volume (Units) Worth in  (=N=) Deals
Financial Industry 2.012 B 9.493 B 14,200
Conglomerates 208.483 M 268.053 M 1,134
Oil & Gas 80.269 M 692.612 M 2,826

 

The Financial Services Industry led the activity chart during the week contributing 82.26% and 72.22% to the total equity turnover volume and value respectively.

 

5   TOP PRICE GAINERS

Company Open Close Gain  (N) % Change
UBA 3.63 4.45 0.82 22.59
Conoil 19.06 23.00 3.94 20.67
Oando 5.29 6.00 0.71 13.42
Trans Nation W Exp 1.18 1.33 0.15 12.71
Access Bnk 4.83 5.35 0.52 10.77

 

5 TOP PRICE LOSERS

Company Open Close Gain  (N) % Change
Vitafoam 5.42 4.29 1.13 20.85
Tiger B C G 5.99 4.80 1.19 19.87
NCR Nigeria 10.47 8.99 1.48 14.14
Unilever 36.00 31.00 5.00 13.89
Ikeja Hotel 2.45 2.11 0.34 13.88

 

AUDITED ACCOUNTS

Two companies to release 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
Cornerstone Insurance 7,332 5,212 1,631 946
Fortis Microfinance Bank 3,649 3,362 584 675

 

COMPANIES CORPORATE ACTIONS

Companies CCNN BOC Gases SEPLAT
Closure of Register 04-07-16 03-06-16 20-05-16
Proposed Dividend 10K/ share 5K/share

 

790k/Share
Payment Date 16-08-16 20-06-16 09-06-16
AGM Date 11-08-16 16-06-16 01-06-16
Bonus NIL NIL NIL

 

DELISTED COMPANIES

The Exchange announced the delisting of the underlisted eight (8) companies effective 18-05-2016.

  1. IPWA
  2. G. Cappa
  3. ALUMACO
  4. Adswitch
  5. Rokanna
  6. West African Glass Industries
  7. Investment & Allied Insurance
  8. Jos International Breweries

 

TOP TRADED

The Top Three Equities traded during the week are :

  1. Wema Bank
  2. Zenith International Bank and
  3. Access Bank

These three banking stocks accounted for 871.331 M shares worth N5.297B in 3,956 deals, contributing 35.63% and 40.30% to the total equity turnover volume and value respectively.

 

* 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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