Oil&Gas stocks finally halted the weeklong losing streak
to finish higher, +0.63%. Ardova +8.57% and Oando +2.50% providing support. All
other sectors were also finished in green, save for Industrials, with a
marginal decline of -8bps.
Turnover this week stayed impressive, with a daily average
of $14.53mn. On Friday, investors traded a total of $17.18mn. Zenith retained
the top spot on the activity chat with $3.20mn traded. Other notable volumes
were MTN $2.47mn; GTB $1.84mn and Wapco $1.56mn. Trading was skewed mostly
towards domestic investors.
Oil&Gas: +0.63%… despite today’s rebound, the sector
emerged biggest losers wee-on-week, giving up -7.25%. Nonetheless, today’s
session witnessed rebound in Ardova N19.00 and Oando N3.28, both tickers adding
+8.57% and +2.50%, respectively.
Bank: +0.52%…. a few setbacks during the week, but the
sector emerged strongest week-on-week, up +3.33% amid earnings expectation. GTB
rose +1.47% to close N34.50; ETI N6.50 bounced off intraday sell pressure to
clinch a +1.56% rise. Stanbic pulled back however, -3.43% to end at N45.00
Consumers: +0.32%…. The sector finished the week with modest gains, up +1.28%. Demand in Dangsugar was strong, pushing the ticker higher +1.92% to N21.25. Poor earnings results pulled Guinness lower -1.04% to N19.00 and Cadbury also missed by -1.12% to close at N8.80.
See daily trade stats below:
Market Summary | 29-Jan-21 | 28-Jan-21 | Chg. (%) |
|
|
| |
NSE ASI* | 42,412.66 | 42,169.41 | 0.58% |
NSE Value traded (N’bn)* | 6.59 | 5.76 | 14.41% |
NSE Value traded ($’mn)* | 17.18 | 15.07 | 14.00% |
NSE Volume traded (mn)* | 669.87 | 555.52 | 20.58% |
Market Capitalization (N’bn)* | 22,186.53 | 22,059.29 | 0.58% |
Market Capitalization ($’bn)* | 57.84 | 57.70 | 0.24% |
|
|
| |
Sub-Indices |
|
|
|
39 | 39 |
| |
NSE 30 | 1,720.95 | 1,712.06 | 0.52% |
NSE ASEM | 729.87 | 729.87 | 0.00% |
NSEBNK | 424.04 | 421.86 | 0.52% |
NSECG | 1,304.74 | 1,295.23 | 0.73% |
NSECNSMRG | 613.69 | 611.75 | 0.32% |
NSEIND | 2,081.37 | 2,083.00 | -0.08% |
NSEINS | 245.91 | 243.70 | 0.91% |
NSEOILG | 254.31 | 252.73 | 0.63% |
NSELOTUS | 2,947.10 | 2,916.45 | 1.05% |
NSEMAINB | 1,835.93 | 1,834.12 | 0.10% |
NSEPENSION | 1,492.60 | 1,488.91 | 0.25% |
NSEPREMIUM | 3,613.80 | 3,573.05 | 1.14% |
Please note that these were published as at market close and could be adjusted by the NSE.
RMB Nigeria Stockbrokers
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