Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... FGSUK2033S6 11.11  LEARNAFRCA 10.00  CAP 10.00  NAHCO 10.00  CONOIL 9.96  JBERGER 9.94  UPDCREIT 9.88  MORISON 8.87  INTENEGINS 8.59  TANTALIZER 8.33  DANGSUGAR -9.95  STANBICETF30 -9.83  CWG -9.82  VITAFOAM -9.81  HONYFLOUR -9.74  UPL -9.60  CILEASING -9.46  WAPCO -8.75  OMATEK -7.32  FIDELITYBK -5.43 
Get IDIA - the stock trading app for the modern investor
Daily Market Report 16th April 2024.
(Source: Arthur Stevens Asset Management , Date: 16-Apr-2024)
Dear Esteemed Investor,


Click here for the full report.

  

Best regards.

MARKET REVIEW

The Nigerian Equity Market dipped in red in today's trading session. This led to a 1.93% decline in the All-Share Index contributing to a year-to-date return of 33.48%. The bearish outings were a result of sell-offs which reduced the market capitalization to settle at #56.45trn. Market Breadth which is the measure of investors' sentiment was 0.13x compared to the previous day market breadth of 0.36x.  


GAINERS & LOSERS, VOLUME&VALUE DRIVERS, COMMODITIES RATES

The total number of gainers were 6, chiefly led by stocks of MORISON, THOMASWY and UNIVINSURE with 9.96%, 8.63%, and 5.56% gains each. Whereas, the number of losers stood at 45 led by CORNERST, ELLAHLAKES and FIDELITYBK with -10.00%, - 10.00%, and -10.00% loss independently. The Volume and Value drivers of the day's market trend were led by stocks of ACCESSCORP, GTCO and ZENITHBANK etc. 


Transaction Volume for the day recorded 403.89 million, compared to the previous day volume of 326.64 million trades valued at ₦8.38billion from the 10,170 deals executed. The number of stocks engaged at the end of today's trading session closed at 124. 


At the time of writing this report, Brent Crude was trading at $89.75/barrel, WTI at $85.16/barrel, OPECBASKET was trading at $89.57/barrel while Gold was trading at $2,373.43/ounce on the international Commodities Market. The U.S Dollar Index which is a measure of the value of the U.S. dollar relative to a basket of foreign currencies closed at 106.17 index points                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

image.png

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                

Top News

Weekly Update on NT-Bills [22.29% down 289bps] and FGN Bond [ 18.93% down 11bps]

AFRINVEST SECURITIES LIMITED
29-Apr-2024 21:52:58.000

CardinalStone Research Model Equity Portfolio - 29 April 2024

CARDINALSTONE RESEARCH
29-Apr-2024 21:41:34.000

Corporate Actions for the Week.

AFRINVEST RESEARCH
29-Apr-2024 21:35:51.000

GUINNESS PLC - Q3 2023 QUICK TAKE

CSL RESEARCH
29-Apr-2024 21:34:25.000

Daily Price List 29-04-24

CARDINALSTONE RESEARCH
29-Apr-2024 21:29:01.000

Daily Market Report 29th April 2024

ARTHUR STEVENS ASSET MANAGEMENT
29-Apr-2024 21:18:28.000

LAFARGE AFRICA - Q1 2024 QUICK TAKE

CSL RESEARCH
29-Apr-2024 09:59:43.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (29-Apr-2024 15:12:57.215)

INFOWARE TERMINAL
29-Apr-2024 15:12:57.000

InfoWARE Analyst Daily Market Report (29-Apr-2024 15:12:52.709)

INFOWARE TERMINAL
29-Apr-2024 15:12:52.000

Coronation Research Daily Insights

CORONATION RESEARCH
29-Apr-2024 09:56:13.000

CSL Nigeria Daily - 29 April 2024

CSL RESEARCH
29-Apr-2024 09:54:42.000

Media Highlights 29-04-2024

CARDINALSTONE RESEARCH
29-Apr-2024 09:18:25.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
29-Apr-2024 09:12:01.000

CardinalStone Earnings Update - Stanbic IBTC Holdings Plc Q1'24 Unaudited results - STANBIC: NII & NIR drives Q1'24 earnings

CARDINALSTONE RESEARCH
26-Apr-2024 15:21:32.000

Daily Price List for 26th April 2024

ARTHUR STEVENS ASSET MANAGEMENT
26-Apr-2024 15:20:50.000

Daily Price List 26-04-24

CARDINALSTONE RESEARCH
26-Apr-2024 12:45:24.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (26-Apr-2024 15:08:14.314)

INFOWARE TERMINAL
26-Apr-2024 15:08:14.000

InfoWARE Analyst Daily Market Report (26-Apr-2024 15:08:09.657)

INFOWARE TERMINAL
26-Apr-2024 15:08:09.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
26-Apr-2024 12:41:55.000

Media Highlights 26-04-2024

CARDINALSTONE RESEARCH
26-Apr-2024 12:38:30.000

CardinalStone Earnings Update - Dangote Cement Plc Q1'24 Unaudited results - DANGCEM: Nigerian operation rebound supports Q1'24 earnings

CARDINALSTONE RESEARCH
26-Apr-2024 12:36:59.000

CSL Nigeria Daily - 26 April 2024

CSL RESEARCH
26-Apr-2024 12:35:30.000

Coronation Research Daily Insights

CORONATION RESEARCH
26-Apr-2024 12:32:34.000

Morning Flash - Dangote Cement reports N166 billion pre-tax profits in Q1 2024

SECURITIES AFRICA NIGERIA RESEARCH
26-Apr-2024 12:26:00.000

STANBIC IBTC - Q1 2024 QUICK TAKE

CSL RESEARCH
26-Apr-2024 12:23:25.000

CardinalStone Earnings Update - Guinness Nigeria Plc 9M' 24 unaudited result - FX losses erode bottom line

CARDINALSTONE RESEARCH
26-Apr-2024 09:46:11.000

LAFARGE AFRICA - FY 2023 Company Update

CSL RESEARCH
25-Apr-2024 20:53:57.000

Market Summary 25-04-2024

CARDINALSTONE RESEARCH
25-Apr-2024 17:36:59.000

Nigeria Daily Market Report | Local Bourse Rebounds ASI up 3bps.

AFRINVEST RESEARCH
25-Apr-2024 17:40:01.000

Daily Price List 25-04-24

CARDINALSTONE RESEARCH
25-Apr-2024 17:33:17.000
Get IDIA - the stock trading app for the modern investor
Company
Contacts
  • 8th Floor,
  • South Atlantic Petroleum Towers,
  • 1 Adeola Odeku Street,
  • Victoria Island,
  • Lagos, Nigeria.

  • Email: solutions@infowarelimited.com
Follow Us
 
facebook twitter skype youtube
Market data may be delayed up to 15 minutes