Equity Market Report - 20 November, 2019 | InfoWARE Finance
Equity Market Report - 20 November, 2019
(Source: Vetiva Research, Date: 20-Nov-2019)
Daily Equity Market Report,
20th November, 2019
From the trader's desk..
For a breakdown of stock performances, please see the pricelist.
What will shape the market tomorrow?
There seems to be renewed interest in the equity space, though majorly in banking names and we believe the market should close positive tomorrow if this interest is sustained. Also, the aversion of another loss in MTNN, the most capitalized counter, should support another green close.
Stocks to Watch
On the Bid Cart: CHAMS (+10.00%) closed the day as the best performing stock ahead of LEARNAFRIC and CONOIL. The stock has rallied 37.5% this month and 66% since the beginning of the year. Though its trading at a discount to its year high price of ₦0.53, the counter has demonstrated that it has what it takes to continue to trade at this level.
On the Offer Cart: NASCON led only a handful of losers today after closing 572bps down at ₦14.00. The salt producer recorded its first loss in over a month after remaining flat at ₦14.85 for 29 sessions. The stock is not trading at a 35% discount to its year high price of ₦21.70 which it peaked at in March.
Top News
Market Summary 19-04-2024
Closing Share Prices as at Friday, 19th of April 2024
DAILY PRICE LIST - 19-04-2024
Daily Market Report 19th April 2024.
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (19-Apr-2024 15:07:43.964)
InfoWARE Analyst Daily Market Report (19-Apr-2024 15:07:39.491)
Media Highlights 19-04-2024
CSL Nigeria Daily - 19 April 2024
Morning Flash - Nigeria aims to boost trade, investment with G-24
Daily Price List for 18th April 2024
DAILY PRICE LIST - 18-04-2024
Closing Share Prices as at Thursday, 18th of April 2024
CardinalStone Earnings Update - Transcorp Power Plc Q1'24 Unaudited Results - Robust topline performance drives earnings
MARKET PERFORMANCE REPORT
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (18-Apr-2024 15:10:30.599)
InfoWARE Analyst Daily Market Report (18-Apr-2024 15:10:24.683)
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (17-Apr-2024 15:08:10.593)
InfoWARE Analyst Daily Market Report (17-Apr-2024 15:08:04.126)
Daily Market Report 16th April 2024.
DAILY PRICE LIST - 16-04-2024
Closing Share Prices as at Tuesday, 16th of April 2024
Daily Price List
MARKET PERFORMANCE REPORT
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (16-Apr-2024 15:07:51.333)
InfoWARE Analyst Daily Market Report (16-Apr-2024 15:07:46.933)
Morning Flash - United Capital Records N3.59bn Profit After Tax In Q1
CLOSING TODAY: Earn 21% - 21.25% in Series 1 Bond Issuance Sponsored by Sterling Bank
CardinalStone Earnings Update - FIDELITYBK FY'23 Audited Results - FY'23 PAT doubled despite Q4'23 weakness
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (15-Apr-2024 15:08:02.366)
InfoWARE Analyst Daily Market Report (15-Apr-2024 15:07:57.478)