Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... MERGROWTH 10.00  NEIMETH 9.20  TANTALIZER 8.89  LIVESTOCK 7.73  DEAPCAP 5.66  WAPIC 3.95  FTNCOCOA 3.73  FBNH 3.17  AIICO 3.00  PRESTIGE 1.96  UCAP -4.44  INTBREW -4.42  FCMB -4.40  OANDO -4.11  TIP -3.26  ELLAHLAKES -1.33  FIDELITYBK -0.93  JAIZBANK -0.92  TRANSCORP -0.83  JAPAULGOLD -0.52 
Get IDIA - the stock trading app for the modern investor
Daily Market Report for 15th Sept. 2023:
(Source: Arthur Stevens Asset Management , Date: 15-Sep-2023)

 


image.png

Dear Esteemed Investor,  

   Kindly Click Arthur Stevens Asset Management | Welcome for the full report.

  

Best regards.

MARKET REVIEW

The Nigerian Equities market closed the last trading day of the week positive as the NGX-ASI inched up by 0.09% index points compared to its previous day's loss of -0.06%.  

The index closed the day at 67,3395.74 points. The day's uptrend was majorly driven by gains in stocks of CHAMS, UCAP, OANDO, NB, and the Tier-1 Banks.

At the close of trading, Market Breadth, which is the measure of investors' sentiments, was positive at 1.53x compared to its previous market breadth of 1.04x as 29 Gainers outnumbered 19 Losers.

 

GAINERS & LOSERS, VOLUME&VALUE DRIVERS, COMMODITIES RATES

The gainers were 29, led by shares of CHAMS, and CUTIX with a 10.0% and 9.95% gain respectively. The losers were 19, led by CONOIL, and MRS with a -10.0% and -9.96% loss each. The Volume and Value drivers of the trend were led majorly by shares of STERLINGNG, TRANSCORP, GTCO, UBA, and OANDO.

Volume traded for the day decreased from 788.54 million to 408.87 million trades valued at ₦5,233.61 billion executed in 6,972 deals. The number of stocks that traded at the end of the day's session closed at 118.

At the time of writing this report (15:30 WAT), Brent Crude was trading at $93.76 /barrel, WTI at $90.77/barrel, OPECBASKET was trading at $95.70/barrel While Gold was trading at $1951.20/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 105.22 index points.

OUTLOOK

Although investor's sentiments were mixed, The Nigerian Equities Market witnessed its second gain for the week today bringing the WTD returns to a gain of 22.78%.

We expect a similar trend in the week ahead as investors keep repositioning majorly in the Banking, Consumer Goods, and Oil/Gas Sectors.

image.png

image.png

  

Copyright © 2021 Arthur Steven Asset Management, All rights reserved.Our mailing addresses are:86 Raymond Njoku Ikoyi Lagos:

SW Ikoyi, Lagos, Nigeria.

Arthur Steven Asset Management

Nigeria

Telephone:  +234 9035996606,  +234 9036881136 

Top News

Breaking News! Bears Momentum Alert (22-Jul-2024 12:20:55.904)

INFOWARE TERMINAL
22-Jul-2024 12:20:55.000

[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES

NGX
22-Jul-2024 11:06:34.000

[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES

NGX
22-Jul-2024 10:24:42.000

[LOTUSHAL15]>> DAILY INDICATIVE PRICES

NGX
22-Jul-2024 10:24:39.000

Breaking News! Unusual Volume Alert (22-Jul-2024 11:21:01.665)

INFOWARE TERMINAL
22-Jul-2024 11:21:01.000

Breaking News! Bulls Momentum Alert (22-Jul-2024 11:21:00.360)

INFOWARE TERMINAL
22-Jul-2024 11:21:00.000

[STANBICETF30]>> DAILY INDICATIVE PRICES

NGX
22-Jul-2024 10:16:44.000

[XNSA]>> NOTIFICATION OF PRICE ADJUSTMENT

NGX
22-Jul-2024 10:16:41.000

[HONYFLOUR]>>Notice of Meeting -<HONEYWELL FLOUR MILL PLC>

NGX
22-Jul-2024 09:55:11.000

[XNSA]>> CIS ACADEMY TRAINING ON "INVESTMENT STRATEGIES AND OPPORTUNITIES IN MOR

NGX
22-Jul-2024 09:15:45.000

[XNSA]>> ACTIVATION OF CODE FOR TRADING IN RIGHTS OF ACCESS HOLDINGS PLC

NGX
22-Jul-2024 08:44:57.000

[XNSA]>> TRAINING - UNDERSTANDING ERROR TRADES & ITS PROCESSES

NGX
22-Jul-2024 08:09:30.000

[XNSA]>> NGX E-IPO PLATFORM

NGX
22-Jul-2024 07:52:48.000

Daily Price List for 19TH OF JULY 2024

ARTHUR STEVENS ASSET MANAGEMENT
19-Jul-2024 18:26:17.000

Daily Price List 19-07-24

CARDINALSTONE RESEARCH
19-Jul-2024 18:25:05.000

MARKET PERFORMANCE REPORT & DAILY PRICE LIST

GLOBALVIEW CAPITAL LIMITED
19-Jul-2024 18:23:27.000

Closing Share Prices as of Friday, 19th of July 2024

AFRINVEST RESEARCH
19-Jul-2024 18:21:28.000

DAILY PRICE LIST - 19-07-2024

SECURITIES AFRICA NIGERIA RESEARCH
19-Jul-2024 18:20:23.000

NASD OTC PRICE LIST - 19-07-24

SECURITIES AFRICA NIGERIA RESEARCH
19-Jul-2024 13:09:46.000

[MULTIVERSE]>> Earning Forcast - <Q3-2024> ?-<MULTIVERSE MINING AND EXPLORATION

NGX
19-Jul-2024 14:15:08.000

[ETERNA]>>Corporate Disclosures-<ETERNA PLC.>

NGX
19-Jul-2024 13:31:13.000

[FCMB]>>Corporate Disclosures-<FCMB GROUP PLC>

NGX
19-Jul-2024 13:26:13.000

[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>

NGX
19-Jul-2024 13:05:07.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
19-Jul-2024 13:05:45.000

Media Highlights 19-07-2024

CARDINALSTONE RESEARCH
19-Jul-2024 13:00:12.000

CSL Research Flash Note - Banks and the FGs windfall tax

SECURITIES AFRICA NIGERIA RESEARCH
19-Jul-2024 12:58:19.000

[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR JUL 19, 2024, OPENING QUOTES

NGX
19-Jul-2024 12:00:07.000

Morning Flash - Investors gain N263bn as equity market rebounds

SECURITIES AFRICA NIGERIA RESEARCH
19-Jul-2024 12:52:28.000

CSL Nigeria Daily - 19 July 2024

CSL RESEARCH
19-Jul-2024 12:50:45.000

[VETBANK]>> DAILY INDICATIVE PRICES

NGX
19-Jul-2024 11:52:07.000
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