Trading activities decreased in volume as N386.24 million shares worth N3,303.34 billion in 4,372 deals exchanged hands today, as against N417.57 million shares worth N3,246.56 billion in 5,456 deals carried Friday.
Topping in volume terms, United Bank for Africa Plc, Wema Bank Plc and Transnational Corporation of Nigeria Plc while Guaranty Trust Bank Plc and United Bank for Africa Plc ended trading as the most active stocks in value.
Top of Form
The All Share Index appreciated by 1.67% from 32,122.14 to 32,657.30
Market Capitalization also increased to N11.29 trillion from N11.11 trillion the previous day.
A total number of 26 Stocks gained while 21 Stocks declined, leaving 68 Stocks unchanged.
Nestle Nigeria Plc emerged the toast of investors as it topped the gainers' chart with 1.11% to close at N910.00 per share.
Bottom of Form
It was followed by Dangote Cement Plc with N4.40 to close at N200.00 .Others on the gainers list include; Nigerian Breweries Plc, Forte Oil Plc and Guaranty Trust Bank Plc.
On the Decliners' list, Okomu Oil Palm Plc with 4.99% to close at N58.49 per share.
It was followed by Unilever Nigeria Plc with 4.98% to close at N40.85 per share. Others on the decliners list include, Julius Berger Nigeria Plc, Nascon Allied Industries Plc and May and Baker Nigeria Plc.
Table 1: Equity Market Snapshot
Current 28/06/2017 / Previous 23/06/2017 / Absolute Change / % ChangeNSE All share Index / 32,657.30 / 32,122.14 / 535.16 / 1.67
Bottom of Form
Market Cap / 11,292.99 / 11,107.93 / 185.06 / 1.67
Volume(MN) / 386.24 / 417.57 / - 31.33 / -7.50
Top of Form
Value (NM) / 3,303.34 / 3,246.56 / 56.78 / 1.75
Deals / 4,372.00 / 5,456.00 / - 1,084.00 / -19.87
No. of Gainers / 26.00 / 21.00 / 5.00 / 23.81
No. of Decliners / 21.00 / 33.00 / - 12.00 / 36.36
Bottom of Form
Table 2: Top 5 Price Gainers
Stock / Current 23/06/2017 / Previous 22/06/2017 / Absolute Change / % ChangeN / N / N
NESTLE NIGERIA PLC / 910.00 / 900.01 / 9.99 / 1.11
DANGOTE CEMENT PLC / 200.00 / 195.60 / 4.40 / 2.25
NIGERIAN BREWERIES PLC / 154.53 / 151.90 / 2.63 / 1.73
FORTE OIL PLC / 52.54 / 50.04 / 2.50 / 5.00
GUARANTY TRUST BANK PLC / 36.00 / 34.50 / 1.50 / 4.35
Table 3: Top 5 Price Decliners
Stock / Current 23/06/2017 / Previous 22/06/2017 / Absolute Change / % ChangeN / N / N
OKOMU OIL PALM PLC / 58.49 / 61.56 / - 3.07 / -4.99
UNILEVER NIGERIA PLC / 40.85 / 42.99 / - 2.14 / -4.98
JULIUS BERGER NIGERIA PLC / 39.45 / 41.52 / - 2.07 / -4.99
NASCON ALLIED INDUSTRIES PLC / 8.87 / 9.33 / - 0.46 / -4.93
MAY AND BAKER NIGERIA PLC / 4.51 / 4.74 / - 0.23 / -4.85
Table 4: Most Traded Stocks by Volume and Value
Company / Volume / Value(N)UNITED BANK FOR AFRICA PLC / 87,112,453 / 762,084,739.35
WEMA BANK PLC / 51,888,439 / 28,542,739.68
TRANSNATIONAL CORPORATION OF NIGERIA PLC / 37,411,594 / 54,427,136.04
GUARANTY TRUST BANK PLC / 26,632,140 / 953,936,553.83
FCMB GROUP PLC / 25,059,928 / 30,507,249.84
RECOMMENDED STOCKS
CURRENT PRICEGUARANTY TRUST BANK PLC / N36.00
ACCESS BANK PLC / N 9.10
DANGOTE CEMENT PLC / N 200.00
UNITED BANK FOR AFRICA PLC / N 9.00
ZENITH INT'L BANK PLC / N 20.58
Disclaimer
This report is prepared by the Capital Market and Research Unit of Dynamic Portfolio Ltd as a guideline for clients that intend to invest in stocks on the basis of their own investment decision without completely relying on the information contained herein. The report has been carefully prepared, no responsibility or liability whatsoever is accepted by Dynamic Portfolio Ltd for omission of facts and any consequential loss arising from the use of this report.