The document provides a daily market review and analysis of the Nigerian stock market from CSL Stockbrokers. It summarizes that the All Share Index fell 1.3% and closed below 30,000 points, with most sectors declining. It also reviews corporate actions, results reported, and fixed income and commodity prices. In politics news, it discusses the second list of ministerial nominees submitted by the President to the Senate for approval.
NSE witnessed a reversal in the upward trend seen at the last trading session, as the benchmark index lost 0.57% to close at 30,058.40 with 2,930 deals. Sub-sectors showed mixed performance as the banking, insurance and oil and gas sectors closed positively on the back of Mansard(+4.86%), Eterna(+5.00%), Seplat(+2.62%) and Guaranty(+1.44%) while the consumer and industrial sectors closed in negative territory on the backdrop of Uacn(-4.79%), Honyflour(-4.96%), Pz(-3.85%) and Dangcem(-1.80%).
ASI year-to-date return stands at -13.34%. Among the broad indices, 124million units valued at N1.377bn represents a decrease by 7% at par. At the close of today’s session, 23 stocks advanced relative to 24 decliners while 43 remained unchanged. Top in the gainers’ chart are ETERNA (N1.89), OKOMUOIL (N29.40) and BERGER (N10.90) while TRANSEXPR (N11.03), UACN (N27.46) and UBCAP (N1.34) led the decliners.
In trader’s opinion, investors are advised to take up buying opportunities as stock prices remain fairly priced.
The Nigerian stock market saw a slight increase of 0.22% at the start of the week due to improved liquidity from the Central Bank. Some sectors increased while others decreased. The document provides analysis of company results and dividends, as well as commentary on trends in the fixed income and commodity markets. It also summarizes a survey showing most Nigerians experienced improved electricity supply over the last quarter.
General bearish sentiment on the Nigerian stock market led to the benchmark index losing 1.07% on the first trading day of the week. Only 10 stocks recorded gains while 25 declined. Inflation in Nigeria fell for the first time in 2015 to 9.3% year-over-year in October, below the central bank's target range of 6-9%. Traders are advised to take long positions in value stocks for potential long term returns.
Today at the Nigerian Stock Exchange, the bears struggled to maintain their hold on the market as the benchmark index shed 6bps to return 30,123.20. With losses recorded in Mansard (-4.42%), Skyebank (-3.98%), Access (-3.75%) and Eterna (-2.17%), Insurance, Banking and Oil and gas sectors closed in negative territory. Other sectorial indices moved southward with NSECNSM leading the gainers on the back of Guinness (+2.34%), Flourmill (+1.85%), and Cadbury (+0.46%).
ASI year-to-date return stands at -13.08%. Among the broad indices, 219million units valued at N1.912 represents a decrease by 50% and 16% respectively. At the close of today’s session, 18 stocks advanced relative to 23 decliners while 64 remained unchanged. Top in the gainers’ chart are TRANSEXPR (N1.07), BERGER (N10.39) and OKOMUOIL (N28.66) while IKEJAHOTEL (N3.42), BOCGAS (N4.18) and MANSARD (N2.38) led the decliners.
Today at the Nigeria Stock Exchange, investors’ sentiment remained gloomy as the benchmark index traded in negative territory for the third session in a row as it went below 30,000bps physiological mark to close at 29,828.95. Most sectorial indices monitored by the exchange cl0sed in red which led to a 0.61% depreciation in the All Share Index. Wapco appreciated by 0.51% leaving NSEIND as the only sub-sector in positive territory. On the back of Okomuoil(-8.38%), Oando(-9.64%), Mansard(-4.53%), Glaxosmith(-4.95%) and Sterlnbnk(-4.67%), NSEOILGS, NSEINS, NSECNSM and NSEBNK shed points.
Amidst oversold conditions, the NSE witnessed further decline at today’s session, as the All-Share-Index depreciated by 0.29% to close at 29,052.87bps. All sectorial indices monitored by the exchange showed mixed performance. Portpaint, Dangcem and Oando appreciated by 4.75%, 0.62 and 8.68% respectively leaving NSEIND and NSEOILGS in positive territory. On the back of Unitybnk(-4.62%), Fidelitybk(-2.82%), Continsure(-3.00%), Unilever(-4.98%) and Cadbury(-4.96%), NSEBNK, NSECNSM and NSEINS shed points.
The Nigerian Equity Market witnessed some respite at today’s session after suffering sharp slump in the last two back-to-back sessions. All-share-index got support from the oil and gas, insurance, consumer and industrial sectors on the back drop of NB(+2.65%), Dangcem(+1.18%), Mansard(+5.00) and FO(+1.00). NSEBNK was the only sector to close in the negative territory as Diamond (-4.57%), Stanbic(-2.72%) and GTB (-1.43%) shed points.
ASI gained 0.53% to close at 30,426.10, its year-to-date return stands at -12.21%. Among the broad indices, volume and value of transactions appreciated by 18% and 102% relative to previous figures as 207million units of shares valued at 3.136bn were traded. At the close of today’s session, gainers and losers were at par while 63 remained unchanged. Top in the gainers’ chart are MANSARD (N2.73), SEPLAT (N255.00) and LIVESTOCK (N1.80) while ETERNA (N1.85), DIAMONDBNK (N3.34) and UBCAP (N1.41) led the decliners.
Investors strategy should remain engaging stocks with excellent reputation, have demonstrated sustained growth and is of interest to a large number of investors.
On the backdrop of falling money market rates, the equity market received some boost today as the volume and value rose significantly.
The rise in market activity, however, did not lead to positive return in the All Share Index as the benchmark index, closed a marginal 0.03% lower. Sub-sectors showed mixed performance as NSEOILG and NSEINS closed positive on the back of Oando (+10.10%), NEM(+4.55%) and Lawunion (+3.85%) while NSEBNK, NSECNSM and NSEIND closed in negative territory on the backdrop of Guaranty(-0.34%), 7UP(-3.15%) and heavyweight Dangcem (-0.61%).
NSE witnessed a reversal in the upward trend seen at the last trading session, as the benchmark index lost 0.57% to close at 30,058.40 with 2,930 deals. Sub-sectors showed mixed performance as the banking, insurance and oil and gas sectors closed positively on the back of Mansard(+4.86%), Eterna(+5.00%), Seplat(+2.62%) and Guaranty(+1.44%) while the consumer and industrial sectors closed in negative territory on the backdrop of Uacn(-4.79%), Honyflour(-4.96%), Pz(-3.85%) and Dangcem(-1.80%).
ASI year-to-date return stands at -13.34%. Among the broad indices, 124million units valued at N1.377bn represents a decrease by 7% at par. At the close of today’s session, 23 stocks advanced relative to 24 decliners while 43 remained unchanged. Top in the gainers’ chart are ETERNA (N1.89), OKOMUOIL (N29.40) and BERGER (N10.90) while TRANSEXPR (N11.03), UACN (N27.46) and UBCAP (N1.34) led the decliners.
In trader’s opinion, investors are advised to take up buying opportunities as stock prices remain fairly priced.
The Nigerian stock market saw a slight increase of 0.22% at the start of the week due to improved liquidity from the Central Bank. Some sectors increased while others decreased. The document provides analysis of company results and dividends, as well as commentary on trends in the fixed income and commodity markets. It also summarizes a survey showing most Nigerians experienced improved electricity supply over the last quarter.
General bearish sentiment on the Nigerian stock market led to the benchmark index losing 1.07% on the first trading day of the week. Only 10 stocks recorded gains while 25 declined. Inflation in Nigeria fell for the first time in 2015 to 9.3% year-over-year in October, below the central bank's target range of 6-9%. Traders are advised to take long positions in value stocks for potential long term returns.
Today at the Nigerian Stock Exchange, the bears struggled to maintain their hold on the market as the benchmark index shed 6bps to return 30,123.20. With losses recorded in Mansard (-4.42%), Skyebank (-3.98%), Access (-3.75%) and Eterna (-2.17%), Insurance, Banking and Oil and gas sectors closed in negative territory. Other sectorial indices moved southward with NSECNSM leading the gainers on the back of Guinness (+2.34%), Flourmill (+1.85%), and Cadbury (+0.46%).
ASI year-to-date return stands at -13.08%. Among the broad indices, 219million units valued at N1.912 represents a decrease by 50% and 16% respectively. At the close of today’s session, 18 stocks advanced relative to 23 decliners while 64 remained unchanged. Top in the gainers’ chart are TRANSEXPR (N1.07), BERGER (N10.39) and OKOMUOIL (N28.66) while IKEJAHOTEL (N3.42), BOCGAS (N4.18) and MANSARD (N2.38) led the decliners.
Today at the Nigeria Stock Exchange, investors’ sentiment remained gloomy as the benchmark index traded in negative territory for the third session in a row as it went below 30,000bps physiological mark to close at 29,828.95. Most sectorial indices monitored by the exchange cl0sed in red which led to a 0.61% depreciation in the All Share Index. Wapco appreciated by 0.51% leaving NSEIND as the only sub-sector in positive territory. On the back of Okomuoil(-8.38%), Oando(-9.64%), Mansard(-4.53%), Glaxosmith(-4.95%) and Sterlnbnk(-4.67%), NSEOILGS, NSEINS, NSECNSM and NSEBNK shed points.
Amidst oversold conditions, the NSE witnessed further decline at today’s session, as the All-Share-Index depreciated by 0.29% to close at 29,052.87bps. All sectorial indices monitored by the exchange showed mixed performance. Portpaint, Dangcem and Oando appreciated by 4.75%, 0.62 and 8.68% respectively leaving NSEIND and NSEOILGS in positive territory. On the back of Unitybnk(-4.62%), Fidelitybk(-2.82%), Continsure(-3.00%), Unilever(-4.98%) and Cadbury(-4.96%), NSEBNK, NSECNSM and NSEINS shed points.
The Nigerian Equity Market witnessed some respite at today’s session after suffering sharp slump in the last two back-to-back sessions. All-share-index got support from the oil and gas, insurance, consumer and industrial sectors on the back drop of NB(+2.65%), Dangcem(+1.18%), Mansard(+5.00) and FO(+1.00). NSEBNK was the only sector to close in the negative territory as Diamond (-4.57%), Stanbic(-2.72%) and GTB (-1.43%) shed points.
ASI gained 0.53% to close at 30,426.10, its year-to-date return stands at -12.21%. Among the broad indices, volume and value of transactions appreciated by 18% and 102% relative to previous figures as 207million units of shares valued at 3.136bn were traded. At the close of today’s session, gainers and losers were at par while 63 remained unchanged. Top in the gainers’ chart are MANSARD (N2.73), SEPLAT (N255.00) and LIVESTOCK (N1.80) while ETERNA (N1.85), DIAMONDBNK (N3.34) and UBCAP (N1.41) led the decliners.
Investors strategy should remain engaging stocks with excellent reputation, have demonstrated sustained growth and is of interest to a large number of investors.
On the backdrop of falling money market rates, the equity market received some boost today as the volume and value rose significantly.
The rise in market activity, however, did not lead to positive return in the All Share Index as the benchmark index, closed a marginal 0.03% lower. Sub-sectors showed mixed performance as NSEOILG and NSEINS closed positive on the back of Oando (+10.10%), NEM(+4.55%) and Lawunion (+3.85%) while NSEBNK, NSECNSM and NSEIND closed in negative territory on the backdrop of Guaranty(-0.34%), 7UP(-3.15%) and heavyweight Dangcem (-0.61%).
NSE...
NSE withnessed a reversal in the upward trend seen at the last trading session, as the benchmark index lost 0.19% to close at 30,311.77 with 4,331 deals. Sub-sectors showed mixed performance as the insurance and industrial sectors closed positively on the back of Continsure(9.30%), Mansard(9.79%), Aiico(4.71%) and Wapco(1.02%) while NSECNSM, NSEOILGS and NSEBNK closed in negative territory on the backdrop of PZ(-4.79%), Guinness(-3.17%), Skyebank(-4.68%), Stanbic(-3.45%) and FO(0.48%)
ASI-year-to-date stands at -12.54% while market capitalization lost N20billion. Among the broad indices, volume appreciated by 63% while value traded depreciated by 39%. At the close of today's session, 11 stocks advanced, 28 declined while 68 remained unchanged. Top in the gainers’ chart are MANSARD(N2.58), CAVERTON(N3.37) and CONTINSURE (N0.94) while VANLEER (N9.37), UNHOMES (N5.23) and PZ (N26.65) led the decliners.
Investors are advised to tread cautiously.
- The Nigerian stock market continued to decline significantly in the past week due to weak investor sentiment, unclear economic conditions, and disappointing bank earnings. Several major stock indices fell to near 52-week lows.
- Trading volume and value increased from the previous period but the All-Share Index fell 11.11% year-to-date. A few stocks such as Redstarex and UBA saw price gains while others like Portpaint and Mansard declined.
- The pension commission aims to increase the number of pension contributors to 20 million by 2019 from the current 6.5 million by expanding to the informal sector through micro-pension initiatives. However, the target may be difficult to achieve given high
The Exchange was rather silent today as the All-share-Index barely adding 0.20% before the closing bell. It appears that participants look forward to the ministerial list scheduled to be released tomorrow to determine what trade button to hit –buy or sell. The sectorial indices under the NSE radar showed mixed performance as the oil and gas, consumer and industrial sectors traded in green on the back of oando(+1.94%), Honyflour(+4.72%), Berger(+4.93%) and Dangcem(+1.77%) while the insurance and banking sector were the weak performers on the backdrop of Nem......
The Equity market moved southward for the fourth session in a row as the benchmark index struggled for direction loosing 0.07% to close at 29,032.44bps. This pessimistic mood was witnessed across all sectorial indices monitored by the exchange except for NSEOILGS which closed positive on the back of Oando(+7.22%). NSEOILGS topped the losers chart on the backdrop of Unilever(-4.98%), Champion(-4.83%), Intbrew(-4.69%) and 7UP(-2.55).
The Equity market extends its losing spree at today’s trading session as investors’ remains pessimistic. The benchmark index depreciated by an additional 0.71% to return 29,403.12bps. Sub-sectors monitored by the exchange showed mixed performance with NSECNSM gaining 130bps to lead the pack on the back of Honeyflour(9.13%), Guinness(5.00%), Nascon(4.31) and Nestle(2.24%) while the banking sector led the losers chart on the back of UBA(-13.20%), Fbnh(-7.27%), Skyebank(-6.78%) and Stanbic(-4.98%)
ASI-year-to-date stands at -15.16% while market capitalization lost N17billion. Among the broad indices, volume and value traded depreciated by 33% and -28% respectively. At the close of today’s session, 23 stocks advanced, 25 declined while 56 remained unchanged. Top in the gainers’ chart are HONYFLOUR (N2.75), DIAMONDBNK (N3.57) and GUINNESS (N138.05) while UBA (N3.55), UBCAP (N1.37) and VONO (N0.98) led the decliners.
Market witnessed the USI’s pure price climbing +1.25 %( 11.77basis points) to record 953.57basis points from previous 941.80basis points as against market capitalization declining by-0.78 %( N3.83bn) to close N489.54bn from previous N493.69bn.
In total, the number of trades executed recorded +425% appreciation in 21 deals from yesterday’s figures of 4 deals, while in contrast, volume and value of stocks executed today recorded declines of -91.84% and -80.26% to record 165,310units and N2.17m in that order. Overall, 7(seven) securities traded out of the 23 securities admitted to trade, with Acorn Petroleum Plc recording the largest volume of stocks traded in 137,000units.
Today’s price chart recorded 4(four) gainers and only 1(one) decline, even as the remaining 18 securities stayed unchanged in prices. Acorn Petroleum Plc +14.71% (0.39k), Afriland Properties Plc +14.75% (N2.49),NDEP Plc +5.71% (N184.99), CSCS Plc +13.55% (N5.70), Friesland Campina Wamco Plc -2.85% (N238.00).
Given this market; we still recommend an investment approach of medium to long term from positioning investors.
The Nigerian stock market gained 2.29% on the day, driven higher by large gains in Guinness, Conoil, and CCNN. Overall market activity increased as volume and value traded were up. Inflation rose slightly to 9.3% year-over-year in August, above the Central Bank of Nigeria's target range, with food prices increasing modestly. Standard Alliance reported a large year-over-year increase in profits for the first half of 2015. Investors are advised to remain cautious given volatility in the market.
Massive sell-off mode was activated as investors and speculators cut risky bets taking a cue from Nigeria’s exclusion from JP Morgan Government Bond Index – Emerging Market Series (GBI – EM). Benchmark index erased all points gained in the last two sessions as it lost 2.98% to stand at 29,454.09bps. Every sector monitored by the exchange took a hit; they all recorded losses ranging from 194bps to 394bps. The Banking sector lost most points as fourteen (14) out of the fifteen (15) traded banking counters closed lower.
ASI-year-to-date stands at -15.01% while market capitalization added N105billion. Among the broad indices, volume and value traded appreciated by 51% and 114% respectively. At the close of today’s session, 8 stocks advanced, 46 declined while 44 remained unchanged. Top in the gainers’ chart are TRANSEXPR (N1.21), FIDSON (N3.36) and GUINNESS (N131.48) while OANDO (N10.93) FIDELITYBK (N1.43) FBNH (N6.63) led the decliners.
Investors are advised to tread cautiously.
Owing to improved investors’ patronage, the Nigerian Stock Market witnessed some respite at today’s trading session with the ASI appreciating 0.12% to close at 29,014.78bps. Sub-sectors monitored by the exchange showed mixed performance; NSEOILGS closed negative on the back of Oando (-9.67%) while NSEBNK, NSECNSM and NSEINS kept the ASI in positive territory on the back of gains recorded by Mansard (4.96%), Dangflour (4.76%), Flourmill (4.55%), Access (4.00%) and UBA (3.02%).
The All-Share-Index has lost 16.28% year-to-date. Among the broad indices, 217million units valued at N1, 458bn represents 32% and 19% decline in volume and value traded relative to previous figures. At the close of today’s session, 12 stocks advanced relative to 25 decliners while 61 remained unchanged. Top in the gainers’ chart are MANSARD(N2.75), DANGFLOUR (N2.42) and FLOURMILL(N21.85) while OANDO (N7.66), TRANSCORP (N1.85) and CCNN (N8.01) led the decliners.
The Nigerian stock market rebounded after eight consecutive days of declines. Large companies like Guinness and Dangote Cement saw price increases, leading sector indices higher. Trading volume and value increased while the market capitalization gained N11 billion. A cautious investment approach is recommended by focusing on fundamentally strong stocks of interest to many investors. The Central Bank of Nigeria's new restrictions on dollar deposits succeeded in bringing the parallel foreign exchange rate closer to the interbank rate.
Today at the Nigerian Stock Exchange, investors’ sentiment remained negative as the benchmark index closed at 30,265.90bps. Except for NSEOILGS, all sectorial indices monitored by the exchange closed negative leading to 0.22% depreciation in the All Share Index. Seplat closed 1.25% leaving NSEOILGS as the only sub-sector in the positive territory. On the back of Skyebank(-4.42%), Champion(-4.97%), Vono(-7.87%), Dangcem(-0.58%) and Aiico(-4.26%), NSEBNK, NSECNSM,NSEIND and NSEINS shed points.
Once again, the benchmark index recorded modest gains as investors’ confidence in the Nigerian economy appear strengthened on the back of a firm commitment by the Nigerian President to name his cabinet before the end of September. Positive momentum was also seen on the sectoral front, as the Banking sector led all others to higher levels before the closing bell. On the stock specific front, OkomuOil, UBA, Zenith and UBACap have logged more than 2 consecutive gains, bringing their prices closer to profit booking range.
The document provides a daily market review and outlook for the Nigerian stock market. Key points include:
- The stock market gained 1.83% as investor sentiment improved across sectors. UBA and FBNH led banking sector gains.
- Clients are advised to remain cautious as there are no clear signs of a strong rally.
- The presidency said Nigeria could save $1 billion annually if state-owned refineries increase capacity utilization to 60-80% by 2016.
- Additional investment will still be needed for Nigeria to achieve self-sufficiency in oil refining.
The NSE index gained 0.29% as some consumer stocks rose, while banks and oil & gas stocks fell. Trading volume and value increased. Walmart plans to open stores in Lagos, adding to its existing Game stores, seeking to expand in Nigeria's developing retail market despite challenges of currency volatility and slowing consumer demand. The document provides market summaries and corporate earnings news.
The Nigerian stock market declined further on July 28, 2015, with the All-Share Index falling closer to the 30,000 point psychological mark. All sectors declined, with banking and oil & gas hardest hit. Trading volume was low, with almost 3 stocks declining for every 1 that rose. Analysts advise caution given current market conditions. AMCON also announced it will publish the names of loan defaulters who do not repay or restructure loans as directed by the central bank.
The document provides a summary of global and Asian stock market performance and recommends two Indian stocks - SNOWMAN and RADICO - for trading. It notes that US stocks slipped on Monday as oil prices dropped, while Asian markets were also negative following sluggish global equities. In India, the equity market is expected to open flat tracking Asian indices. Technical analysis is provided for SNOWMAN and RADICO stocks to recommend buying ranges and price targets.
The document provides a morning market update, noting that Asian shares dipped from four-month highs on lingering political and economic uncertainty, while the S&P 500 ended barely higher in the previous session. It also recommends buying two Indian stocks, Southbank and Kesoramind, based on technical analysis showing bullish patterns and momentum. In addition, it includes a corporate action and results calendar.
#ChoiceBroking #MorningTea : Global View: Global View Wall Street rose robustly for a second straight session on Wednesday, helped by higher oil prices and investor becoming more comfortable with the prospect of an interest rate hike as early as next month.
The Nigerian stock market closed lower, with the All Share Index falling 0.34% as several large companies' shares declined. Trading activity increased from the previous session. In corporate news, several companies reported financial results for recent periods. The document also provides commentary on trends in the fixed income market and commodity prices.
Today at the Nigerian Stock Exchange, investors’ sentiment remained negative as the benchmark index lost 75bps. Sub-sectors monitored by the exchange showed mixed performance with consumer sector adding 44bps to lead the gainers on the back of Nascon(+3.70%), Champion(+3.21%) and Flourmill(+1.25%) while NSEOILG led the losers chart on the back of Seplat(-9.75%), Mobil(-2.31%) and Oando(-1.44%)
ASI year-to-date return stands at -12.48%. Among the broad indices, the volume (300 million units) of trades depreciated by 28% while the value (3.048bn) appreciated by 33% relative to previous figures. At the close of today’s session, 18 stocks advanced relative to 21 decliners while 64 remained unchanged. Top in the gainers’ chart are CUTIX (N1.82), UNITYBNK (N1.42) and NASCON (N7.00) while SEPLAT (N225.54), MCNICHOLS (N1.20) and NAHCO (N4.45) led the decliners.
Daily klse malaysia report by epic research malaysia 22nd september 2014Epic Research Pte. Ltd.
This document contains a research report from Epic Research India dated September 22nd, 2014. It includes the following information:
- Top gainers and losers from the FTSE Bursa Malaysia KLCI stock market index.
- A snapshot of details on the KLCI such as the open, close, year-to-date change and 52-week range.
- Updates on the Malaysian market including stock recommendations to buy Maxis Berhad above RM6.23.
NSE...
NSE withnessed a reversal in the upward trend seen at the last trading session, as the benchmark index lost 0.19% to close at 30,311.77 with 4,331 deals. Sub-sectors showed mixed performance as the insurance and industrial sectors closed positively on the back of Continsure(9.30%), Mansard(9.79%), Aiico(4.71%) and Wapco(1.02%) while NSECNSM, NSEOILGS and NSEBNK closed in negative territory on the backdrop of PZ(-4.79%), Guinness(-3.17%), Skyebank(-4.68%), Stanbic(-3.45%) and FO(0.48%)
ASI-year-to-date stands at -12.54% while market capitalization lost N20billion. Among the broad indices, volume appreciated by 63% while value traded depreciated by 39%. At the close of today's session, 11 stocks advanced, 28 declined while 68 remained unchanged. Top in the gainers’ chart are MANSARD(N2.58), CAVERTON(N3.37) and CONTINSURE (N0.94) while VANLEER (N9.37), UNHOMES (N5.23) and PZ (N26.65) led the decliners.
Investors are advised to tread cautiously.
- The Nigerian stock market continued to decline significantly in the past week due to weak investor sentiment, unclear economic conditions, and disappointing bank earnings. Several major stock indices fell to near 52-week lows.
- Trading volume and value increased from the previous period but the All-Share Index fell 11.11% year-to-date. A few stocks such as Redstarex and UBA saw price gains while others like Portpaint and Mansard declined.
- The pension commission aims to increase the number of pension contributors to 20 million by 2019 from the current 6.5 million by expanding to the informal sector through micro-pension initiatives. However, the target may be difficult to achieve given high
The Exchange was rather silent today as the All-share-Index barely adding 0.20% before the closing bell. It appears that participants look forward to the ministerial list scheduled to be released tomorrow to determine what trade button to hit –buy or sell. The sectorial indices under the NSE radar showed mixed performance as the oil and gas, consumer and industrial sectors traded in green on the back of oando(+1.94%), Honyflour(+4.72%), Berger(+4.93%) and Dangcem(+1.77%) while the insurance and banking sector were the weak performers on the backdrop of Nem......
The Equity market moved southward for the fourth session in a row as the benchmark index struggled for direction loosing 0.07% to close at 29,032.44bps. This pessimistic mood was witnessed across all sectorial indices monitored by the exchange except for NSEOILGS which closed positive on the back of Oando(+7.22%). NSEOILGS topped the losers chart on the backdrop of Unilever(-4.98%), Champion(-4.83%), Intbrew(-4.69%) and 7UP(-2.55).
The Equity market extends its losing spree at today’s trading session as investors’ remains pessimistic. The benchmark index depreciated by an additional 0.71% to return 29,403.12bps. Sub-sectors monitored by the exchange showed mixed performance with NSECNSM gaining 130bps to lead the pack on the back of Honeyflour(9.13%), Guinness(5.00%), Nascon(4.31) and Nestle(2.24%) while the banking sector led the losers chart on the back of UBA(-13.20%), Fbnh(-7.27%), Skyebank(-6.78%) and Stanbic(-4.98%)
ASI-year-to-date stands at -15.16% while market capitalization lost N17billion. Among the broad indices, volume and value traded depreciated by 33% and -28% respectively. At the close of today’s session, 23 stocks advanced, 25 declined while 56 remained unchanged. Top in the gainers’ chart are HONYFLOUR (N2.75), DIAMONDBNK (N3.57) and GUINNESS (N138.05) while UBA (N3.55), UBCAP (N1.37) and VONO (N0.98) led the decliners.
Market witnessed the USI’s pure price climbing +1.25 %( 11.77basis points) to record 953.57basis points from previous 941.80basis points as against market capitalization declining by-0.78 %( N3.83bn) to close N489.54bn from previous N493.69bn.
In total, the number of trades executed recorded +425% appreciation in 21 deals from yesterday’s figures of 4 deals, while in contrast, volume and value of stocks executed today recorded declines of -91.84% and -80.26% to record 165,310units and N2.17m in that order. Overall, 7(seven) securities traded out of the 23 securities admitted to trade, with Acorn Petroleum Plc recording the largest volume of stocks traded in 137,000units.
Today’s price chart recorded 4(four) gainers and only 1(one) decline, even as the remaining 18 securities stayed unchanged in prices. Acorn Petroleum Plc +14.71% (0.39k), Afriland Properties Plc +14.75% (N2.49),NDEP Plc +5.71% (N184.99), CSCS Plc +13.55% (N5.70), Friesland Campina Wamco Plc -2.85% (N238.00).
Given this market; we still recommend an investment approach of medium to long term from positioning investors.
The Nigerian stock market gained 2.29% on the day, driven higher by large gains in Guinness, Conoil, and CCNN. Overall market activity increased as volume and value traded were up. Inflation rose slightly to 9.3% year-over-year in August, above the Central Bank of Nigeria's target range, with food prices increasing modestly. Standard Alliance reported a large year-over-year increase in profits for the first half of 2015. Investors are advised to remain cautious given volatility in the market.
Massive sell-off mode was activated as investors and speculators cut risky bets taking a cue from Nigeria’s exclusion from JP Morgan Government Bond Index – Emerging Market Series (GBI – EM). Benchmark index erased all points gained in the last two sessions as it lost 2.98% to stand at 29,454.09bps. Every sector monitored by the exchange took a hit; they all recorded losses ranging from 194bps to 394bps. The Banking sector lost most points as fourteen (14) out of the fifteen (15) traded banking counters closed lower.
ASI-year-to-date stands at -15.01% while market capitalization added N105billion. Among the broad indices, volume and value traded appreciated by 51% and 114% respectively. At the close of today’s session, 8 stocks advanced, 46 declined while 44 remained unchanged. Top in the gainers’ chart are TRANSEXPR (N1.21), FIDSON (N3.36) and GUINNESS (N131.48) while OANDO (N10.93) FIDELITYBK (N1.43) FBNH (N6.63) led the decliners.
Investors are advised to tread cautiously.
Owing to improved investors’ patronage, the Nigerian Stock Market witnessed some respite at today’s trading session with the ASI appreciating 0.12% to close at 29,014.78bps. Sub-sectors monitored by the exchange showed mixed performance; NSEOILGS closed negative on the back of Oando (-9.67%) while NSEBNK, NSECNSM and NSEINS kept the ASI in positive territory on the back of gains recorded by Mansard (4.96%), Dangflour (4.76%), Flourmill (4.55%), Access (4.00%) and UBA (3.02%).
The All-Share-Index has lost 16.28% year-to-date. Among the broad indices, 217million units valued at N1, 458bn represents 32% and 19% decline in volume and value traded relative to previous figures. At the close of today’s session, 12 stocks advanced relative to 25 decliners while 61 remained unchanged. Top in the gainers’ chart are MANSARD(N2.75), DANGFLOUR (N2.42) and FLOURMILL(N21.85) while OANDO (N7.66), TRANSCORP (N1.85) and CCNN (N8.01) led the decliners.
The Nigerian stock market rebounded after eight consecutive days of declines. Large companies like Guinness and Dangote Cement saw price increases, leading sector indices higher. Trading volume and value increased while the market capitalization gained N11 billion. A cautious investment approach is recommended by focusing on fundamentally strong stocks of interest to many investors. The Central Bank of Nigeria's new restrictions on dollar deposits succeeded in bringing the parallel foreign exchange rate closer to the interbank rate.
Today at the Nigerian Stock Exchange, investors’ sentiment remained negative as the benchmark index closed at 30,265.90bps. Except for NSEOILGS, all sectorial indices monitored by the exchange closed negative leading to 0.22% depreciation in the All Share Index. Seplat closed 1.25% leaving NSEOILGS as the only sub-sector in the positive territory. On the back of Skyebank(-4.42%), Champion(-4.97%), Vono(-7.87%), Dangcem(-0.58%) and Aiico(-4.26%), NSEBNK, NSECNSM,NSEIND and NSEINS shed points.
Once again, the benchmark index recorded modest gains as investors’ confidence in the Nigerian economy appear strengthened on the back of a firm commitment by the Nigerian President to name his cabinet before the end of September. Positive momentum was also seen on the sectoral front, as the Banking sector led all others to higher levels before the closing bell. On the stock specific front, OkomuOil, UBA, Zenith and UBACap have logged more than 2 consecutive gains, bringing their prices closer to profit booking range.
The document provides a daily market review and outlook for the Nigerian stock market. Key points include:
- The stock market gained 1.83% as investor sentiment improved across sectors. UBA and FBNH led banking sector gains.
- Clients are advised to remain cautious as there are no clear signs of a strong rally.
- The presidency said Nigeria could save $1 billion annually if state-owned refineries increase capacity utilization to 60-80% by 2016.
- Additional investment will still be needed for Nigeria to achieve self-sufficiency in oil refining.
The NSE index gained 0.29% as some consumer stocks rose, while banks and oil & gas stocks fell. Trading volume and value increased. Walmart plans to open stores in Lagos, adding to its existing Game stores, seeking to expand in Nigeria's developing retail market despite challenges of currency volatility and slowing consumer demand. The document provides market summaries and corporate earnings news.
The Nigerian stock market declined further on July 28, 2015, with the All-Share Index falling closer to the 30,000 point psychological mark. All sectors declined, with banking and oil & gas hardest hit. Trading volume was low, with almost 3 stocks declining for every 1 that rose. Analysts advise caution given current market conditions. AMCON also announced it will publish the names of loan defaulters who do not repay or restructure loans as directed by the central bank.
The document provides a summary of global and Asian stock market performance and recommends two Indian stocks - SNOWMAN and RADICO - for trading. It notes that US stocks slipped on Monday as oil prices dropped, while Asian markets were also negative following sluggish global equities. In India, the equity market is expected to open flat tracking Asian indices. Technical analysis is provided for SNOWMAN and RADICO stocks to recommend buying ranges and price targets.
The document provides a morning market update, noting that Asian shares dipped from four-month highs on lingering political and economic uncertainty, while the S&P 500 ended barely higher in the previous session. It also recommends buying two Indian stocks, Southbank and Kesoramind, based on technical analysis showing bullish patterns and momentum. In addition, it includes a corporate action and results calendar.
#ChoiceBroking #MorningTea : Global View: Global View Wall Street rose robustly for a second straight session on Wednesday, helped by higher oil prices and investor becoming more comfortable with the prospect of an interest rate hike as early as next month.
The Nigerian stock market closed lower, with the All Share Index falling 0.34% as several large companies' shares declined. Trading activity increased from the previous session. In corporate news, several companies reported financial results for recent periods. The document also provides commentary on trends in the fixed income market and commodity prices.
Today at the Nigerian Stock Exchange, investors’ sentiment remained negative as the benchmark index lost 75bps. Sub-sectors monitored by the exchange showed mixed performance with consumer sector adding 44bps to lead the gainers on the back of Nascon(+3.70%), Champion(+3.21%) and Flourmill(+1.25%) while NSEOILG led the losers chart on the back of Seplat(-9.75%), Mobil(-2.31%) and Oando(-1.44%)
ASI year-to-date return stands at -12.48%. Among the broad indices, the volume (300 million units) of trades depreciated by 28% while the value (3.048bn) appreciated by 33% relative to previous figures. At the close of today’s session, 18 stocks advanced relative to 21 decliners while 64 remained unchanged. Top in the gainers’ chart are CUTIX (N1.82), UNITYBNK (N1.42) and NASCON (N7.00) while SEPLAT (N225.54), MCNICHOLS (N1.20) and NAHCO (N4.45) led the decliners.
Daily klse malaysia report by epic research malaysia 22nd september 2014Epic Research Pte. Ltd.
This document contains a research report from Epic Research India dated September 22nd, 2014. It includes the following information:
- Top gainers and losers from the FTSE Bursa Malaysia KLCI stock market index.
- A snapshot of details on the KLCI such as the open, close, year-to-date change and 52-week range.
- Updates on the Malaysian market including stock recommendations to buy Maxis Berhad above RM6.23.
Daily klse malaysia report by epic research malaysia 22nd september 2014Epic Research Pte. Ltd.
Epic Research provides daily market report in KLSE , Forex and Comex and gives update to help you make informed decision. It also gives advise about financial investment to achieve profitable returns by going long and short in market.
The Nigerian stock market rose over 3% with gains in the banking, consumer, and industrial sectors. The All Share Index approached 30,000 but remains down 14.35% for the year. Top gainers were PZ, Okomuoil, and NAHCO while top losers were Jberger, 7up, and Dangsugar. The NASD OTC market fell with Acorn Petroleum and CSCS among the top gainers and IGI, Resourcery, and Friesland Campina Wamco among the top losers. The document also provides corporate actions, earnings results, and analysis of the government's plans to improve taxation.
Daily sgx sinagpore report by epic research singapore 27 th octobar 2014Epic Research Singapore
The daily report summarizes the top gainers and losers on the Singapore stock market on October 27, 2014. CapitaLand Ltd saw the largest gain of 2.62% while Keppel Corp Ltd saw the largest drop of 2.48%. The Straits Times Index closed higher at 3,202.74. The report also discusses company news announcements and provides a disclaimer regarding the information presented.
The Nigerian stock market continued to decline, with the all-share index dropping 0.08%. Most sectors closed negatively except for banking, oil and gas, and industrial goods. Nigeria Ropes reported an 8% decline in profit after tax for FY2014 despite a 2% rise in revenue. The report recommends taking positions in defensive stocks as their prices currently look attractive. It also provides analysis and recommendations for various companies in the banking, food and beverage, building materials, breweries, agriculture, pharmaceutical, and oil and gas sectors.
Market opened to a slow start at the unlisted securities, though the USI and Market Capitalization managed appreciations of +0.21% (2.01 basis points) and +2.20% (N9.80bn) to record 948.35 basis points and N455.42bn respectively.
While value appreciated +161.71% to close N106,514.95 only, the volume of trades executed declined by -80.81% from last friday's figures to record 11,513units executed in 5 deals(+66.67%).
4( Four) securities traded out of the 23 securities admitted to trade, with Afriland PropertiesPlc recording the largest volume of stocks traded in 10,313units.
Price chart presented 2(two) gains, with 21 securities remaining unchanged in prices. Friesland Campina Wamco Plc +5.00% ( N210.00) and Afriland Properties Plc +1.42% (N2.15).
Given the gloomy trend; we still advice investors to tread cautiously while taking up a medium to long term investment approach in this space.
The document provides a daily market review and analysis of the Nigerian equity markets from CSL Market. Some key points:
- The NSE All Share Index rose slightly due to gains in heavyweight Dangote Cement, though overall market sentiment remains gloomy.
- Most sectors closed in the red, with losses over 1% except consumer sector which lost under 1%.
- The NASD OTC market benchmark also declined, though volumes and values traded increased dramatically.
- News highlights that Ford will start assembling its Ranger pickup truck in Nigeria, joining other automakers increasing local assembly.
Daily sgx sinagpore report by epic research singapore 24 th september 2014Epic Research Singapore
Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore and SGX Exchange, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market.
Epic research singapore daily sgx singapore report of 04 th december 2014Epic Research Singapore
Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore and SGX Exchange, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market.
The document is a daily retail report that provides a market review, sector performance data, key stock price movements, and summaries of recent news articles. The market review indicates the stock market benchmark index fell 0.17% as profit-taking led sector indices lower, with industrial stocks down 1.01%. A household survey highlighted that self-generation of electricity through diesel generators is over twice as expensive as grid power but remains necessary due to unreliable electricity supply in Nigeria.
The document provides a daily market and sector report for Nigerian stocks. It summarizes that on the previous day, the benchmark index closed lower for the third straight session. Most sector indices also closed lower. It notes the top gaining and declining stocks. It also summarizes the Q1 financial report for Fidson, which showed declines in revenue and profit. The report advises investors to consider buying opportunities from reduced stock prices.
EPIC RESEARCH SINGAPORE - Daily SGX Singapore report of 02 February 2015Epic Research Singapore
Epic Research private limited have best technical research team, Our research team provide Daily report on SGX Singapore and SGX Exchange, You can get Daily Favorable Tips & future Strategy for SGX Stocks Market.
Daily klse malaysia report by epic research malaysia 8th october 2014Epic Research Pte. Ltd.
This document contains a research report summarizing stock market activity in Malaysia on July 7th, 2014. It lists the top gainers and losers for the day, provides a snapshot of the FTSE Bursa Malaysia KLCI index, and analyzes market updates including commentary on Petronas and recommendations to buy shares of Sapura Kencana.
- The open interest in Nifty futures increased by 6.94% while Minifty futures open interest decreased by 9.56% as the market closed at 5987.70 levels. Nifty November futures closed at a premium of 76.25 points.
- FIIs were net sellers in the index futures, stock futures, and cash market segments totaling Rs 950 crore. Put-call ratios for Nifty and other stocks decreased.
- Technical recommendations were given to trade HDFCBANK with a target price of Rs 2350 and JINDALSAW with a target price of Rs 228 based on chart analysis.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
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Recruiting in the Digital Age: A Social Media MasterclassLuanWise
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Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Storytelling is an incredibly valuable tool to share data and information. To get the most impact from stories there are a number of key ingredients. These are based on science and human nature. Using these elements in a story you can deliver information impactfully, ensure action and drive change.
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Csl daily market update 14102015
1. CSL MARKET
REVIEW
Perfect your investment Strategy with CSL daily
insight into the Nigerian Equity Markets
October 14, 2015
2. Office: 01-2713923, 01-2713920; Mobile: 08068015502; 08055250071; Email: cslservice@fcmb.com; Click here to register
1
Retail Views
NSE…
Amidst oversold conditions, the NSE witnessed further decline at
today’s session, as the All-Share-Index closed below 30,000bps
psychological mark. Most sectorial indices monitored by the exchange
closed in red which led to a 1.30% depreciation in the All Share Index.
NEM and AIICO appreciated by 4.85% and 1.12% respectively leaving
NSEINS as the only sub-sector in positive territory. On the back of
Unitybnk(-8.98%), Portpaint(-5.00%), Oando(-4.90%) and UACN(-
6.23%), NSEBNK, NSEIND, NSEOILGS and NSECNSM shed points
The All-Share-Index has lost 14.64% year-to-date. Among the broad
indices, 160million units valued at N1.646bn represents an increase by
29% and 20% in volume and value traded relative to previous figures. At
the close of today’s session, 18 stocks advanced relative to 27 decliners
while 49 remained unchanged. Top in the gainers’ chart are OKOMUOIL
(N32.40), MOBIL (N159.00) and NASCON (N7.66) while UNITYBNK
(N1.52), UACN (N25.75) and EVANSMED (N0.62) led the decliners.
In the trader’s opinion, investors are advised to take up buying
opportunities as stocks remain fairly priced.
28,000.00
29,000.00
30,000.00
31,000.00
1.000
6.000
11.000
16.000
14-Sep
16-Sep
18-Sep
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02-Oct
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3-wk Trajectory : ASI vs Value
Traded
Series2 Series1
Market Wrap
ASI -1.30% 29,668.16
Index Yr-to-date -14.64%
Market Cap. N10.196Tn
Traded value N1.646Bn
Key Gainers Close (N) %Chg.
Okomuoil 32.40 10.20
Mobil 159.00 4.95
Nascon 7.66 4.93
Vitafoam 5.63 1.62
Afriprud 2.66 1.53
Key Losers Close (N) %Chg.
Unitybk 1.52 -8.98
Uacn 25.75 -6.23
Evansmed 0.62 -6.06
Oando 9.51 -4.90
UBA 4.18 -4.84
Global Markets Close %Chg.
FTSE 100 6,278.01 -1.01
The DOW 17,067.25 -0.09
S & P 500 2,003.66 0.00
Nikkei 225 17,891.00 -1.89
Kenya NSE 136.33 -2.53
Source : Bloomberg
Fixed Income & Commodities
NITTY
3-Month 9.1049
6-Month 11.0499
9-Month 11.4623
12-Month 12.3812
Crude Oil Spot Price
Brent Crude Us$49.36
3. Office: 01-2713923, 01-2713920; Mobile: 08068015502; 08055250071; Email: cslservice@fcmb.com; Click here to register
2
NASD OTC Market.....
Market sentiment was rather high with the increased demand in the volume of stocks of the unlisted securities. The
USI’s price added +0.23 %( 2.22basis points) to record 948.62basis points, whereas market capitalization declined
by -3.40 %( N16.21bn) to record N460.49bn in that order.
Further appreciations were also recorded in the volume and value of trades for the day, from 644,247units to
160,255,958units and N7.26m to N882.78m respectively; even as trades were executed in only 8 deals from previous
15deals.
3(three) securities traded out of the 23 securities admitted to trade, with CSCS Plc recording the largest volume of
stocks traded in 160,013,129units.
Today’s price chart recorded 1(one) gain and 1 (one) loss, with 21 securities remaining unchanged in prices. CSCS
Plc +9.65% (N6.25) and Friesland Campina Wamco Plc -8.70 %( N210.00).
Given the current trend in the market, we advise positioning investors to take up a medium to long term investment
approach in the unlisted securities space.
Name Period Dividend Bonus Closure date
Payment
date Name Period
Turnover
(N'mil) %Chg PBT (N'mil) PAT (N'mil) %Chg
CONOIL FY 2014 100 Kobo Nil 28-Sep-15 02-Nov-15 RAK UNITY PETROLEUM FY 2015 7,246 89% 132 89 68%
GUINNESS FY 2014 320 Kobo Nil 12-Oct-15 27-Nov-15 VITAFOAM 9M 2015 13,842 4% 521 335 -86%
Nigerian Enamelware FY 2014 45 Kobo Nil 11th Sep 2015 29-Sep-15 CAPITAL OIL FY 2014 2,106 -29% 113- 131- 72%
PZ FY 2014 61 kobo Nil 14/18-Sep2015 30-Sep-15 PZ CUSSONS NIG PLC Q1 2015 14,953 -0.4% 546 427 -33%
7up FY 2014 275 kobo Nil 17-Jul-15 29-Sep-15 INFINITY TRUST 9M 2015 555 9% 213 181 6%
ETI FY 2014 Nil 1 for 15 22-Jul-15 N/A BECO PETROLEUM FY 2013 689 -53% 114- 142- 91%
Academy Press FY2014 Nil 1 for 5 07-Aug-15 N/A BECO PETROLEUM FY 2012 1,465 -68% 1,912- 1,637- -730%
Northern Nigeria Fl. FY2014 30 kobo Nil CONOIL H1 2015 43,027 -45% 528 359 -64%
Triple Gee FY2014 4 kobo Nil SOVEREIGN TRUST INS H1 2015 4,575 -5% 702 650 18%
Mansard (Interim) H1 2015 3 kobo Nil 14-Oct-15 26-Oct-15 STANDARD ALLIANCCE H1 2015 2,512 -1% 605 496 104%
Union Diagnostic FY2014 2.5 kobo Nil 21-Aug-15 02-Oct-15 GUINNESS FY 2014 118,495 9% 10,795 7,794 -19%
STANDARD ALLIANCCE FY 2014 4,333 40.0% 1,982- 2,080- -136.4%
UBA H1 2015 166,943 20.8% 39,046 31,999 40.0%
Corporate Action (October 2015) Company Result (October 2015)
800.00
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1000.00
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08-Oct
10-Oct
12-Oct
14-Oct
Index
Period
Unlisted Securities Index curve
4. Office: 01-2713923, 01-2713920; Mobile: 08068015502; 08055250071; Email: cslservice@fcmb.com; Click here to register
3
News Highlight – Politics
Ministerial Nominees
Senate President Bukola Sakari received the second list of ministerial nominees from President Muhammadu Buhari
on Monday. Prior to the list being made public, several Nigerian media outlets published names that were believed to
be on the list and we published these names in yesterday’s daily. In the event, the actual list received by Sakari differed
fromthat inmedia reports.In the tableonpage2 we publish the correctnames on thesecondlist.Wehave alsoincluded
the names from the first list that was submitted to the senate two weeks ago. The vetting process of this first list of
names began yesterday with 10 nominees appearing before the Senate. Vetting will continue today and, once it is
completed, Buhari will assign the nominees with their ministerial portfolios