NSE ASI up by 0.24% in 5 days

The NSE All-Share Index, ASI, was up by 93.44 points or 0.24 percent within five days to close last Friday at 38,831.59 basis points as against the previous week’s closing figure of 38,738.15 basis points.

The market capitalization of listed entities also closed higher last Friday at N12.427 trillion appreciating by N37 billion or 0.29 percent when compared with the preceding week’s closing figure of N12.390.

Information gathered from the Exchange indicated that five of the NSE indices appreciated during the week.

The NSE 30, NSE Banking, NSE Insurance, NSE Oil/Gas and NSE Industrial Goods indices rose by 0.09%, 0.02%, 1.29%, 0.40% and 3.25% respectively.

However, the NSE Consumer Goods and NSE Lotus II indices slipped by 1.55% and 0.19% respectively while the NSE ASeM index closed flat.

Twenty-six equities appreciated in prices during the week lower than fifty equities of the preceding week.

Fifty-one equities depreciated in prices higher than twenty six equities of the
preceding week while one hundred and twenty equities remained unchanged lower than one hundred and twenty two equities of the preceding week.

A turnover of 2.767 billion shares worth N18.671 billion in 24,007 deals were traded last week by investors on the floor of the Nigerian Stock Exchange, NSE, in contrast to a total of 2.266 billion shares valued at N19.008 billion that exchanged hands the previous week in 25,853 deals.

The Financial Services Industry (measured by volume) led the activity chart with 1.894 billion shares valued at N8.828 billion traded in 12,359 deals; thus contributing 68.43% and 47.28% to the total equity turnover volume and value respectively.

The Conglomerates Industry followed with a turnover of 310.318 million shares worth N1.528 billion in 2,427 deals; contributing 11.21% and 8.18% to the total equity turnover volume and value respectively.

The third place was occupied by the ICT industry with 301.114 million shares worth N803.914 million in 102 deals.

Trading in the top three equities namely, Unity Bank Plc, Transnational Corporation of Nigeria Plc and E-Tranzact International Plc (measured by volume) accounted for 1.504 billion shares worth N2.488 billion in 2,686 deals, contributing 54.35% and 13.33% to the total equity turnover volume and value respectively.

Also traded during the week were a total of 60 units of NewGold Exchange Traded Funds (ETFs) valued at N114,040.00 executed in 2 deals compared with a total of 1,710 units valued at N3.230 million transacted the previous week in 5 deals.

Similarly, 2,200 units of FGN bonds valued at N2.024 million were last week traded in 2 deals compared with a total of 8,307 units valued at N8.354 million transacted the previous week in 6 deals.

A report on the Over-the-Counter(OTC) market for FGN bonds indicated that a turnover of 91.528 million units valued at N96.482 billion in 436 deals were recorded last week in contrast to the 75.036 million units valued at N74.045 billion in 322 deals recorded in the preceding week ending December 6, 2013.

Union Dicon led the top ten gainers chart for last week appreciating by N2.74k in its share price to close at N9.57k per share.

International Breweries was second gaining N3.00 in its share price to close at N26.88k per share while Lafarge WAPCO in third spot gained N7.25k in its share price to close at N111.20k per share.

University Press was fourth with a share price gain of N0.25k to close at N4.07k per share while Cadbury was fifth with a gain of N3.70k in its share price to close at N66.00 per share.

N.E.M Insurance, Associated Bus Company, Custodian Insurance, Airline Services Plc and Mansard Insurance were other companies on the chart.

However, Costain topped the losers chart shedding N0.32k in its share price to close at N0.90k per share.

R.T Briscoe was second losing N0.15k in its share price to close at N1.27k per share while Africa Prudential in third spot lost N0.26k in its share price to close at N2.43k per share.

Portland Paints was fourth with a share price loss of N0.60k to close at N5.65k per share while UTC Nigeria Plc was fifth with a loss of N0.05k in its share price to close at N0.60k per share.

Other companies on the chart are: Cutix Plc, Livestock Feeds, Flour Mills, FCMB Group and Trans-Nationwide Express.