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Daily Market Wrap & Price list: 22-Jan-2021
(Source: Coronation Research, Date: 22-Jan-2021)

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Coronation Securities

Daily Market Wrap 
Closing Bell Insight of The NSE

22-Jan-2021

NSE All-Share Index edged lower by 0.42% w/w

 

 

 

Nigerian equities rounded off the week on a tepid note as the NSE All-Share Index trended southwards by 0.24% to close at 41,001.99 points. Sustained selloffs on insurance, banking, and industrial tickers suppressed broad market sentiments. For specifics, WAPCO edged lower by 1.95% while UBA, ACCESS, and ETI slipped by 2.79%, 1.08%, and 0.76% respectively. Elsewhere, NEM (-9.67%), JAPAULGOLD (-9.52%), AIICO (-9.72%) and MBENEFIT (-10.00%) all lost points to lead on the laggards table. Over the week, the gauge amassed points in just one out of five trading sessions with a WTD return of -0.42%. In all, year-to-date (YTD) return tapered to 1.82% while market capitalization went down by ₦81.5 billion w/w to end the week at ₦21.45 trillion.
  

NSE Sector Indices:  With the exception of gains printed on NSE Consumer Goods Index, the performance of all sector indices under our coverage closed on a negative note. NSE Insurance, NSE Banking, and NSE Oil & Gas Index declined by 7.93%, 0.17%, and 0.29% respectively while NSE Industrial Index edged lower by 0.50%.
 

Meanwhile, market activities closed on a lower note with volume and value of trades declining by 47.3% and 20.7% respectively. A total of 591 million units of shares "” valued at ₦5.07 billion were traded in 5,767 deals. TRANSCORP (-9.38%) led the volume chart with 169 million units traded while MTNN (0.00%) led the value chart with deals worth over ₦1.04 billion.
 

Market breadth closed negative at a 0.63-to-1 ratio with declining issues outnumbering advancing ones. NCR (+9.86%) topped twenty-one (21) others on the gainer's log while LIVESTOCK (-10.00%) led thirty-two (33) others on the laggard's table.

 

Find below key highlights of market activities.

 

Indicators

Current     

Change (%)

YTD

All-Share Index

41,001.99

-0.24%

1.82%

Volume (millions)

591.46

-47.26%

10.47 bn units

Value (₦ 'billion)

5.07

-20.72%

₦78.18 billion

Market Cap. (₦ 'trillion)

21.45

-0.24%

1.86%

 

Kindly refer to the attached for a copy of today's Price List.

 

VIEW PRICELIST

 

Dividend Information for 2020

 

Company 

Dividend  

Closure Date

Payment Date

UBA

₦0.17 (interim)

Sept 16, 2020

Sept 23, 2020

Stanbic IBTC

₦0.40 (interim)

Sept 16, 2020

Sept 30, 2020

Zenith Bank

₦0.30 (interim)

Sept 17, 2020

Sept 22, 2020

GTB

₦0.30 (interim)

Sept 16, 2020

Sept 21, 2020

Access Bank

₦0.25 (interim)

Sept 18, 2020

Sept 28, 2020

 

 

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Information used in the preparation of this publication is believed to be accurate at the time of going to press, though not verified independently. No liability is accepted for errors nor omissions of fact, nor is any warranty given for the reasonableness, accuracy or completeness of the information presented. Neither Coronation Securities Limited, nor its directors, employees and contractors accept(s) responsibility for losses or opportunity costs, whether direct or consequential, that may be incurred as a result of trading, or not trading, on information covered in this publication, or other securities, as a result of any decision taken after reading this publication.

 

 

For further enquiries, please contact marketupdates@coronationsl.com

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