The Nigerian Stock Exchange this Week

Investors continue to trade with caution through out the week even as more result were released in the cause of the week. 

However The All Share index appreciated by 0.72% to close the week at 42,876.23. This brought the year to date return of the ASI to 12.11%. 

EQUITY

A total turnover of 2.170 billion shares worth N39.087 billion in 24,657 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 2.018 billion shares valued at N21.740 billion that exchanged hands last week in 25,496 deals

ETPs 

Also traded during the week were a total of 50,547 units of Exchange Traded Products (ETPs) valued at N4.593 million executed in 12 deals, compared with a total of 111,794 units valued at N1.806 million that was transacted last week in 10 deals.

BONDS

A total of 6,574 units of Federal Government Bonds valued at N6.332 million were traded this week in 31 deals, compared with a total of 9,963 units valued at N10.057 million transacted last week in 21 deals

Below is the summary of the Market performance: Week on Week and Year to Date

Thirty-eight (38) equities appreciated in price during the week, higher than twenty-three (23) of the previous week. Forty-five (45) equities depreciated in price, lower than fifty-four (54) equities of the previous week, while eighty-nine (89) equities remained unchanged lower than ninety-five (95) equities recorded in the preceding week.

Gainers

Stock	Year to Date Return
UNITYBNK	233.96%
CCNN	108.95%
WEMABANK	100.00%
SKYEBANK	94.00%
STERLNBANK	77.78%
FCMB	71.62%
CAVERTON	71.32%
JAIZBANK	60.32%
CILEASING	51.16%
DIAMONDBNK	49.33%

Stock	Week on Week Return
JAPAULOIL	50.00%
UNITYBNK	18.79%
NEM	18.42%
CCNN	17.80%
HMARKINS	16.00%
NASCON	15.82%
FIRSTALUM	15.38%
CUTIX	11.36%
CONOIL	9.81%
CONTINSURE	9.27%

Losers

Stock	Year to Date Return
UNIC	-56.00%
MULTIVERSE	-44.00%
COURTVILLE	-42.00%
HMARKINS	-42.00%
ROYALEX	-38.00%
LASACO	-30.00%
UNITYKAP	-30.00%
AFRINSURE	-28.00%
ABCTRANS	-26.00%
FTNCOCOA	-26.00%

Stock	Week on Week Return
SOVRENINS	-20.83%
UNIC	-18.52%
MULTIVERSE	-17.65%
FTNCOCOA	-15.91%
AFRINSURE	-14.29%
DUNLOP	-13.64%
DIAMONDBNK	-12.16%
STDINSURE	-12.00%
ROYALEX	-11.43%
COURTVILLE	-9.38%

We expect more result to be released in the cause of the week as the deadline for rendition draws nearer. We expect investors to re aligned their portfolios in order to benefit from the Market movement in the coming week.