May 28, 2022

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NSE UPDATE FOR 13TH DECEMBER 2016

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NSE UPDATE FOR 13TH DECEMBER 2016




Due to the public holiday (Id el Maulud), there was no trade in the floor of the exchange yesterday. Therefore, the stock market opens to with the following barometer:

ASI              25,817.69
DEALS        2,512.00
VOLUME    108,525,720.00
VALUE        1,637,017,562.56
CAP            8,883,255,385,686.80

It closes with the following figures:

ASI             26,071.16
DEALS       2,885.00
VOLUME   376,698,830.00
VALUE       2,411,861,997.09
CAP           8,970,470,816,291.45

From the following figures, it can be deduce that that the market capitalisation move up by 0.9817958 percent. Which is approximately one percent. When we compare Thursday and Friday figures of last week, it move up also by 0.3 percent.

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At the rate at which the market capitalisation is increasing daily, the market will continue to be bullish till ending of this week. The Market capitalisation may reach it highest peak of N9 trillion. And may reduce at the beginning of next year.

This is as a result of the Christmas coming soon. Many investors are selling there shares so as to meet up the holiday expenses.

Furthermore, the ASI increase by 253.47 basis point. The volume and value of shares traded in the floor of the exchange are 376,698,830.00 and N2,411,861,997.09 respectively in 2,885 deals.

The companies that lead the gainers table are:

COY.               PREV.        CLOSE.         +Δ
SEPLAT         340           374.85        34.85
TOTAL           276.05     289.85        13.8
FO                  106.23     117.11        10.88
DANGCEM    160          162                 2
GUARANTY    23.34       23.8             0.46

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The top losers are:

COY.                 PREV.    CLOSE.         -Δ
MOBIL             305           300              -5
GUINNESS      77.9         75.6           -2.3
7UP                   130           129              -1
UBN                  4.47          4.26          -0.21
ZENITHBANK14.5        14.34        -0.16

Top traders in the NSE today are:
 
WEMABANK                100,911,712 
DIAMONDBNK               84,024,943
FCMB                              83,198,918 
GUARANTY                    13,961,346
TRANSCORP                  12,313,896

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