Business
Top 10 Telecom Companies in Nigeria
July 29, 2024
November 22, 2021
MARKET SNAPSHOT | |||
S/n | INDICES | Closing Price | % CHG |
1 | ALL SHARE INDEX | 43,199.2700000000000 | -0.20 |
3 | Equity Cap (N'Tn) | 22,544,193,872,996.20 | -0.20 |
4 | BOND CAP (N'Tn) | 19,312,702,906,813.40 | -0.06 |
5 | ETF CAP (N'Bn) | 7,394,823,753.760000 | 0.360 |
S/n | Equity | Closing Price | % CHG |
1 | UNITYBANK | 0.550 | 10.00 |
2 | REGALINS | 0.390 | 5.405 |
3 | VITAFOAM | 21.91 | 4.833 |
4 | CHAMS | 0.220 | 4.762 |
5 | FTNCOCOA | 0.440 | 4.762 |
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S/n | Equity | Closing Price | % CHG |
1 | ETERNAL | 6.650 | -9.029 |
2 | NGXGROUP | 15.95 | -8.857 |
3 | LASACO | 1.050 | -7.080 |
4 | UPDCREIT | 5.600 | -6.667 |
5 | WEMABANK | 0.810 | -4.706 |
MOST TRADED VOLUME | |||
S/n | Equity | Volume Traded | Value Traded |
1 | GTCO | 49,927,274.00 | 1,264,716,504.00 |
2 | FBNH | 14,084,144.00 | 29,435,703.2800 |
3 | ACCESS | 17,487,331.00 | 155,990,843.200 |
4 | NB | 7,629,901.000 | 390,551,795.700 |
5 | FIDELITYBANK | 7,552,134.000 | 19,564,701.5200 |
MOST TRADED VOLUME | |||
S/n | Equity | Volume Traded | Value Traded |
1 | GTCO | 49,927,274.00 | 1,264,716,504.00 |
2 | FBNH | 14,084,144.00 | 29,435,703.2800 |
3 | ACCESS | 17,487,331.00 | 155,990,843.200 |
4 | NB | 7,629,901.000 | 390,551,795.700 |
5 | FIDELITYBANK | 7,552,134.000 | 19,564,701.5200 |
Analyst View
Naira gained against the US dollar at the official window on Friday 19th of November by 0.1% to N414.4/$1 when compared to the previous period rate of N414.8/$1. However, the Naira traded flat at the parallel market closing at N546/$1 when compared to the previous rate of N546/$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 closed at $41.42 billion as of Thursday 18th November 2021.