Stock exchange indicators down 0.12%

Salamatu Ejembi, Lagos

The equities market closed its activities for Monday with a loss.
Both market capitalization and All Share Index fell by 0.12 per cent.
The market capitalization closed at 11,490 trillion Naira, to fall by 14 billion Naira or 0.12 per cent when compared to Friday’s closing of 11.504 trillion Naira.
The All Share Index on the other hand closed at 33,235.28 basis points, falling by 40.4 basis points or 0.12 per cent compared to Friday’s closing of 33,276.68 basis points.
A total of 5.01 million shares worth 6.11 billion Naira were exchanged in 6,635 deals.
20 stocks appreciated, 30 depreciated while others closed flat.
GAINERS
Top three gainers for today’s activities are;
ASHAKA CEM PLC which had a previous closing price of N11.60 per share but closed today at N12.77 per share, gaining N1.17 or 10.09 per cent.
MAY & BAKERNIGERIA PLC followed next with a closing price of N3.12 per share, as against previous closing price of N2.84 per share, gaining 28 kobo or 9.86 per cent.
While HONEYWELL FLOUR MILL PLC came third on the gainers’ list when it closed at N2.17 per share, compared to previous closing price of N1.98 per share, gaining 19 kobo or 9.60 per cent.
LOSERS
The top three losers on the other hand are;
INTERNATIONAL BREWERIES PLC with a previous closing price of N32.23 per share, this stock fell by N2.78 or 8.63 per cent when it closed at N29.45 per share.
Next is UACN PLC with a closing price of N17.40 per share, compared to previous closing price of N18.48 per share, falling by N1.08 or 5.84 per cent.
AIICO INSUANCE PLC made the third top loser by 3 kobo or 5.36 per cent when it closed at 53 kobo per share as against previous closing price of 56 kobo per share.
Today’s market, being the start of a new trading activity week, is a little below last week’s deals.
Looking at last week’s activities, the end of Friday June 9th, 2017, a total turnover of 3.100 billion shares worth N29.180 billion in 33,677 deals were traded that week, which began on Monday, 4thJune, 2017.
This is in contrast to a total of 2.319 billion shares valued at N23.813 billion that exchanged hands the previous week in 22,310 deals.
The Financial Services Industry, when measured by volume, led the activity chart with 2.577 billion shares valued at N16.524 billion traded in 19,831 deals; thus contributing 83.15% and 56.63% to the total equity turnover volume and value respectively.
The Conglomerates Industry followed with 173.544 million shares worth N985.456 million in 1,620 deals. The third place was occupied by Consumer Goods Industry with a turnover of 161.347 million shares worth N3.540 billion in 5,275 deals.
Trading in the Top Three Equities namely – FBN Holding Plc, Diamond Bank Plc, and ACCESS Bank Plc, when measured by volume, accounted for 1.084 billion shares worth N6.522 billion in 7,095 deals, contributing 34.98% and 22.35% to the total equity turnover volume and value respectively.
ETPs
Also a total of 40.317 million units of Exchange Traded Products (ETPs) valued at N178.841 million and executed in 12 deals were traded last week.
This is compared with a total of 52 units valued at N13,802.70 transacted in 6 deals the previous week.
BONDS
A total of 10,860 units of Federal Government Bonds valued at N10.196 million were traded this week in 10 deals, compared with a total of 3,786 units valued at N3.806 million transacted last week in 4 deals.
The NSE All-Share Index and Market Capitalization appreciated by 6.07% to close the week at 33,276.68 and N11.504 trillion respectively.
Similarly, all other Indices finished higher during the week with the exception the NSE ASeM Index that depreciated by 1.74% while the NSE Insurance Index closed flat.
Fifty-nine (59) equities appreciated in price during the week, lower than sixty-one (61) equities of the previous week.
Twenty-one (21) equities depreciated in price, higher than twelve (12) equities of the previous week, while ninety-three (93) equities remained unchanged lower than one hundred (100) equities recorded in the preceding week.
Ime N