Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more...

Equity Market Report - 19 November, 2019 | InfoWARE Finance

  • Dashboard
  • Equity Market Report - 19 November, 2019 | InfoWARE Finance
0.00% trending_up
₦99,845.91
ASI
0.00% trending_up
₦3,700.44
NGX30
0.00% trending_up
₦811.42
NGXBNK
0.00% trending_up
₦1,589.44
NGXCNSMRGDS
0.00% trending_up
₦1,290.74
NGXOILGAS
0.00% trending_up
₦9,780.73
NGXPREMIUM
Get IDIA - the stock trading app for the modern investor
Get IDIA on Google Play
Get IDIA on App Store
Equity Market Report - 19 November, 2019
(Source: Vetiva Research, Date: 19-Nov-2019)

Daily Equity Market Report,
19th November, 2019

From the trader's desk..

Gains in FO (+440bps), NB (+103bps), MTNN (+74bps) and ACCESS (+51bps) among others saved the equities market from another bearish performance. The ASI traded under at mid-day as continuous sell offs in banking and industrial stocks drove the index south. However, positive movements in some mid/large cap stocks at market close ensured the index closed 18bps above its opening points to settle at 26,739.52bps. Similarly, significant trades in MTNN, UACN and NB improved turnover for the day as total value traded increased by 17.04%, while market breadth remained positive at 1.43x with 20 gainers against 14 laggards.   

For a breakdown of stock performances, please see the pricelist.



What will shape the market tomorrow?
The equities market advanced today on the back of capital appreciation in the most capitalized stock; MTNN (+74bps) as well as gains in the Consumer Goods and Oil & Gas sectors. We however expect the equities market to once again exhibit some level of volatility tomorrow, with persistent profit taking in some counters and bargain hunting in others.

Stocks to Watch
On the Bid Cart: CONOIL trailed EKOCORP (+10.00%) as the best performing stock for the day, gaining 974bps above its opening price to settle at ₦16.90. The counter opened the session 1.65% above its year low price of ₦15.40 and 35.34% below its year high price of ₦23.80, thus, leading to the BUY interest. On a YTD scale, CONOIL has lost 27.31% of its value (OANDO: -28.00%; SEPLAT: -14.11%; MOBIL: -20.27%; NSEOILGAS: -23.20% YTD).



On the Offer Cart: ABCTRANS closed the day as the top laggard. Leading the other 13 decliners ABCTRANS lost 889bps to close lower at ₦0.41. Though declining 889bps in today's session, ABCTRANS remained deep in the green for the year, with a gain of 41.38% above its opening price (₦0.29) for the year.
Top News
Join the conversation, get the latest stock tips, see what your peers and experts are saying...

Daily Price List for 18th April 2024

ARTHUR STEVENS ASSET MANAGEMENT
18-Apr-2024 19:59:22.000

DAILY PRICE LIST - 18-04-2024

SECURITIES AFRICA NIGERIA RESEARCH
18-Apr-2024 19:58:30.000

CardinalStone Earnings Update - Transcorp Power Plc Q1'24 Unaudited Results - Robust topline performance drives earnings

CARDINALSTONE RESEARCH
18-Apr-2024 19:55:13.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (18-Apr-2024 15:10:30.599)

INFOWARE TERMINAL
18-Apr-2024 15:10:30.000

InfoWARE Analyst Daily Market Report (18-Apr-2024 15:10:24.683)

INFOWARE TERMINAL
18-Apr-2024 15:10:24.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (17-Apr-2024 15:08:10.593)

INFOWARE TERMINAL
17-Apr-2024 15:08:10.000

InfoWARE Analyst Daily Market Report (17-Apr-2024 15:08:04.126)

INFOWARE TERMINAL
17-Apr-2024 15:08:04.000

Daily Market Report 16th April 2024.

ARTHUR STEVENS ASSET MANAGEMENT
16-Apr-2024 00:00:00.000

DAILY PRICE LIST - 16-04-2024

SECURITIES AFRICA NIGERIA RESEARCH
16-Apr-2024 00:00:00.000

Closing Share Prices as at Tuesday, 16th of April 2024

AFRINVEST RESEARCH
16-Apr-2024 00:00:00.000

Daily Price List

SAMTL
16-Apr-2024 00:00:00.000

MARKET PERFORMANCE REPORT

GLOBALVIEW CAPITAL LIMITED
16-Apr-2024 00:00:00.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (16-Apr-2024 15:07:51.333)

INFOWARE TERMINAL
16-Apr-2024 15:07:51.000

InfoWARE Analyst Daily Market Report (16-Apr-2024 15:07:46.933)

INFOWARE TERMINAL
16-Apr-2024 15:07:46.000

Morning Flash - United Capital Records N3.59bn Profit After Tax In Q1

SECURITIES AFRICA NIGERIA RESEARCH
16-Apr-2024 12:09:13.000

CLOSING TODAY: Earn 21% - 21.25% in Series 1 Bond Issuance Sponsored by Sterling Bank

AFRINVEST CAPITAL
16-Apr-2024 12:04:39.000

CardinalStone Earnings Update - FIDELITYBK FY'23 Audited Results - FY'23 PAT doubled despite Q4'23 weakness

CARDINALSTONE RESEARCH
16-Apr-2024 11:54:00.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (15-Apr-2024 15:08:02.366)

INFOWARE TERMINAL
15-Apr-2024 15:08:02.000

InfoWARE Analyst Daily Market Report (15-Apr-2024 15:07:57.478)

INFOWARE TERMINAL
15-Apr-2024 15:07:57.000

CSL Nigeria Daily - 15 April 2024

CSL RESEARCH
15-Apr-2024 13:25:19.000

MARKET PERFORMANCE REPORT

GLOBALVIEW CAPITAL LIMITED
15-Apr-2024 13:22:23.000

Coronation Research Daily Insights

CORONATION RESEARCH
15-Apr-2024 13:18:51.000

Corporate Actions | DANGCEM and TRANSCORP Closure Date Is This Week!

AFRINVEST RESEARCH
15-Apr-2024 11:24:30.000
View More News
Get IDIA - the stock trading app for the modern investor
Get IDIA on Google Play
Get IDIA on App Store
Solutions by Business
Product Suites
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

© 2024 InfoWARE Limited