The Nigerian Stock Exchange closed the Wednesday trading session of November 17th, 2021, on a negative note, with some of the measured indices turning red. The Market Indices were affected by mixed investors sentiments due to sell-offs and buy-interests. Market breadth closed with 14 Gainers and 21 Losers in yesterday's session.
The NGX ASI closed at 43,349.90 points, to reflect a loss of 0.22% from the previous trading day gain of 0.49%, Investors loss N49.21 billion from Wednesday trading. At the close of the market on Wednesday 17th of November 2021, the stock exchange Equities lost 0.22% to N22,622.804 billion, the Bond market capitalization loss to close at N19.323 billion. Exchange-Traded Fund (ETF) gained by 3.85% closing at N7.348 billion. The Markets Year-to-Date (YTD) return, however, is currently settled at +7.65%.
| MARKET SNAPSHOT |
| S/n |
INDICES |
Closing Price |
| 1 |
ALL SHARE INDEX |
43,349.9000000000000 |
| 3 |
Equity Cap (N'Tn) |
22,622,804,392,565.50 |
| 4 |
BOND CAP (N'Tn) |
19,323,738,220,399.40 |
| 5 |
ETF CAP (N'Bn) |
7,348,223,590.530000 |
| TOP GAINERS |
| S/n |
Equity |
Closing Price |
% CHG |
| 1 |
ABCTRANS |
0.33 |
10.00 |
| 2 |
CHAMS |
0.23 |
4.545 |
| 3 |
CUTIX |
3.25 |
0.619 |
| 4 |
WEMABANK |
0.87 |
2.353 |
| 5 |
TRANSCORP |
0.99 |
2.062 |
| TOP LOSERS |
| S/n |
Equity |
Closing Price |
% CHG |
| 1 |
JAPAULGOLD |
0.4 |
-9.091 |
| 2 |
NEIMETH |
1.8 |
-9.091 |
| 3 |
UNITYBANK |
0.54 |
-8.475 |
| 4 |
CHIPLC |
0.57 |
-8.065 |
| 5 |
UNILEVER |
13.5 |
-7.534 |
| MOST TRADED VOLUME |
| S/n |
Equity |
Volume Traded |
Value Traded |
| 1 |
FBNH |
68,611,667.00 |
856,175,177.15 |
| 2 |
INTBREW |
36,694,419.00 |
201,822,878.05 |
| 3 |
GTCO |
24,220,921.00 |
644,043,798.40 |
| 4 |
UNITYBANK |
9,508,750.00 |
5,144,511.5000 |
| 5 |
ACCESS |
9,465,683.00 |
87,280,933.450 |
Analyst ViewNaira closed the flat at the official window on Wednesday 17th of November to N415.1/$1 when compared to the previous period rate of N415.1/$1. Similarly, the Naira also traded flat at the parallel market closing at the previous day value of N545/$1. The Naira is significantly trailing the Dollar by a wide margin due to the import-dependent structure of the Nigerian economy. However, the Naira has been appreciating against the dollar in recent days due to some steps being taken by the CBN and the recently raised Eurobonds that have moderated the sliding effect. The fallen value of the Naira at the black market rides on hoarding and speculative purchases.
The Foreign exchange reserve declined from the previous day's value of $41.46 billion to close at $41.43 billion as of Wednesday 17th November 2021.
SOURCE: NGX
IMAGE SOURCE:PIXABAY
