WEEKLY MARKET OVERVIEW : WEEK 25

WEEKLY MARKET OVERVIEW 

WEEK 25.

            June 17, 2016.

 

EQUITIES 

  Turnover (In Billion (Units) Turnover in (Billion =N=) Total deals
Week  25 2.158 20.394 24,369
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

 

INDEX MOVEMENT

  Share Volume (Units) Worth in  (=N=) Deals
Financial Industry 1.939 B 12.393 B 16,023
Consumer goods 77.415 M 4.747 B 3,489
Conglomerates 74.437 M 412.717 M 1018

 

The Financial Services Industry led the activity chart during the week (measured by share volume) contributing 89.85% and 60.77%to the total equity turnover volume and value respectively.

 5 TOP PRICE GAINERS

Company Open Close Gain  (N) % Change
Champion Bre 2.71 3.45 0.74 27.31
FBNH 3.79 4.39 0.60 15.83
GTB 18.88 21.61 2.73 14.46
Nig. Bre. 131.00 148.86 17.86 13.63
N.E.M Ins 0.96 1.09 0.13 13.54

 

 5 TOP PRICE LOSERS

Company Open Close Gain  (N) % Change
Fortis 5.15 2.58 2.57 49.90
Glaxo Smithkline 18.21 14.22 3.99 21.91
Mcnichols 1.40 1.23 0.17 12.14
NAHCO 4.68 4.23 0.45 9.62
Berger Paints 8.30 7.60 0.70 8.43

 

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
Austin Laz 261,055 615,730 59,092 158,942
A.G. Lev 12,536 11,7934 (176,986) 211,813

 

COMPANIES CORPORATE ACTIONS

Companies Smart Products A.G. Leventis
Closure of Register 27-06-16 22-08-16
Proposed Dividend 26 kobo 10 kobo
Payment Date 11-08-16 09-09-16
AGM Date 26-07-16 08-09-16
Bonus NIL NIL

 

TOP TRADED

The Top Three Equities traded during the week are:

  1. UBA
  2. FBNH and
  3. Zenith 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, Zenith, Access among others.

 

Our recommendation that client should take positions in the market was confirmed by the very positive increase in the volume and worth of shares during the week

The share volume traded during the week was about 225% above previous week while the share worth increased with about 259%

 

.* 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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