Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... SUNUASSUR 10.00  NEIMETH 10.00  TIP 10.00  CAP 9.90  UPDC 9.76  MCNICHOLS 9.57  FCMB 9.23  CUTIX 9.09  FTNCOCOA 6.67  MANSARD 5.63  NEWGOLD -10.87  MTNN -10.00  TRANSCOHOT -10.00  MERVALUE -9.99  OANDO -9.90  FBNH -9.82  FIDSON -9.75  THOMASWY -9.64  SOVRENINS -9.09  STANBICETF30 -8.93 

Equity Market Report - 02 January, 2020 | InfoWARE Finance

  • Dashboard
  • Equity Market Report - 02 January, 2020 | InfoWARE Finance
-1.18% trending_down
₦98,135.42
ASI
-1.38% trending_down
₦3,634.19
NGX30
-0.83% trending_down
₦769.03
NGXBNK
0.05% trending_up
₦1,576.91
NGXCNSMRGDS
0.00% trending_up
₦1,290.74
NGXOILGAS
-2.48% trending_down
₦9,466.14
NGXPREMIUM
Get IDIA - the stock trading app for the modern investor
Get IDIA on Google Play
Get IDIA on App Store
Equity Market Report - 02 January, 2020
(Source: Vetiva Research, Date: 02-Jan-2020)

Daily Equity Market Report,
2nd January, 2020

From the trader's desk...

Gains in FBNH (+569bps) and MTNN (+381bps) saved the equities market from starting the year with a negative performance as profit taking action in SEPLAT (-999bps), WAPCO (-980bps) and UNILEVER (-591bps) pulled the index down by c.60bps at mid day. The broader index however rose 10bps at market close to end today's session at 26,867.79bps. Similarly, activity level for the day trended upward with total volume and value traded increasing marginally by 2.41% and 3.41% respectively while trades in SEPLAT, ZENITHBANK and GUARANTY accounted for 66.90% of total turnover. Market breadth (1.69x) for the day closed positive, with 22 stocks advancing against 13 that declined.

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



What will shape the market tomorrow?
Profit taking action dominated the trading session today with all sectors closing under except for the Insurance sector (+0.97%) which benefited from the positive performance recorded in CORNERST (+889bps). We expect the domestic market to experience continued profit taking tomorrow, though the index is expected to end the week with a positive performance.

Stocks to Watch
On the Bid Cart: ROYALEX ended the first trading session of the year as the best performing stock, moving 10.00% above its opening price of ₦0.30 to close at ₦0.33. The counter ended 2019 as one of the top gainers, rising 36.36% at the end of the calendar year. 



On the Offer Cart: SEPLAT (-999bps), WAPCO (-980bps), UNILEVER (-591bps) and STANBIC (-244bps) among others which emerged as top gainers on Tuesday closed the first trading session of the year south, due majorly to profit taking on gains recorded recently.




Top News
Join the conversation, get the latest stock tips, see what your peers and experts are saying...

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (24-Apr-2024 15:11:53.028)

INFOWARE TERMINAL
24-Apr-2024 15:11:53.000

InfoWARE Analyst Daily Market Report (24-Apr-2024 15:11:48.379)

INFOWARE TERMINAL
24-Apr-2024 15:11:48.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (23-Apr-2024 15:07:44.043)

INFOWARE TERMINAL
23-Apr-2024 15:07:44.000

InfoWARE Analyst Daily Market Report (23-Apr-2024 15:07:39.325)

INFOWARE TERMINAL
23-Apr-2024 15:07:39.000

Coronation Research Daily Insights

CORONATION RESEARCH
23-Apr-2024 09:30:12.000

oronation Research - Enough pain for bank stocks?

CORONATION RESEARCH
23-Apr-2024 08:45:38.000

Media Highlights 23-04-2024

CARDINALSTONE RESEARCH
23-Apr-2024 08:42:20.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
23-Apr-2024 08:30:46.000

CardinalStone Research Model Equity Portfolio - 22 April 2024

CARDINALSTONE RESEARCH
22-Apr-2024 16:48:59.000

Daily Price List

SAMTL
22-Apr-2024 16:47:48.000

CardinalStone Research - Guaranty Trust Holding Company Plc Company Update - Balance sheet de-risking to support earnings

CARDINALSTONE RESEARCH
22-Apr-2024 16:22:06.000

CardinalStone Research - TRANSCORP - Unveiling value in a diversified conglomerate

CARDINALSTONE RESEARCH
22-Apr-2024 16:15:21.000

Stock Recommendation | "BUY" rating on ACCESS, FIDELITYBK & GUINNESS... "ACCUMULATE" on MTNN

AFRINVEST RESEARCH
22-Apr-2024 16:11:59.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (22-Apr-2024 15:07:54.233)

INFOWARE TERMINAL
22-Apr-2024 15:07:54.000

InfoWARE Analyst Daily Market Report (22-Apr-2024 15:07:49.535)

INFOWARE TERMINAL
22-Apr-2024 15:07:49.000

CSL Nigeria Daily - 22 April 2024

CSL RESEARCH
22-Apr-2024 11:17:05.000

Corporate Actions | WAPCO & CWG Set to Pay Dividend This Week!

AFRINVEST RESEARCH
22-Apr-2024 11:15:45.000

MARKET PERFORMANCE REPORT

GLOBALVIEW CAPITAL LIMITED
22-Apr-2024 10:13:08.000

Coronation Research Daily Insights

CORONATION RESEARCH
22-Apr-2024 10:00:17.000

UNILEVER NIGERIA PLC - Q1 2024 QUICK TAKE

CSL RESEARCH
22-Apr-2024 09:57:59.000

Media Highlights 22-04-2024

CARDINALSTONE RESEARCH
22-Apr-2024 09:41:18.000

Market Summary 19-04-2024

CARDINALSTONE RESEARCH
19-Apr-2024 20:19:33.000

Daily Price List for 19th April 2024

ARTHUR STEVENS ASSET MANAGEMENT
19-Apr-2024 16:10:40.000

Closing Share Prices as at Friday, 19th of April 2024

AFRINVEST RESEARCH
19-Apr-2024 16:09:11.000

DAILY PRICE LIST - 19-04-2024

SECURITIES AFRICA NIGERIA RESEARCH
19-Apr-2024 16:07:58.000

Daily Market Report 19th April 2024.

ARTHUR STEVENS ASSET MANAGEMENT
19-Apr-2024 16:04:09.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (19-Apr-2024 15:07:43.964)

INFOWARE TERMINAL
19-Apr-2024 15:07:43.000

InfoWARE Analyst Daily Market Report (19-Apr-2024 15:07:39.491)

INFOWARE TERMINAL
19-Apr-2024 15:07:39.000

Media Highlights 19-04-2024

CARDINALSTONE RESEARCH
19-Apr-2024 14:08:19.000

CSL Nigeria Daily - 19 April 2024

CSL RESEARCH
19-Apr-2024 13:57:51.000
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