Monthly Stock Market Report
for October 2016



Index 27,220.00
Deals 55,397
Volume 3,671,071,128
Values ₦ 32,015,358,335.23
Capitalization ₦ 9,349,564,994,912.29

Market capitalisation opened at 9.7 trillion and 28,277.93 index and closed at 9.35 trillion and 27,220.09 index in October ending the month on a bearish note with a 3.74% decrease.
Also a turnover of 3.67 billion shares worth 32 billion in 55.4 thousand deals was recorded for the month.
 

Sector Analysis

FINANCIAL sector remained the most liquid sector for the month of October, trading 3,045,131,139 volume of shares in 31,189 deals. The CONGLOMERATES sector and CONSUMERGOODS sector followed on the chart trading 244,461,563 and 147,597,946 volume of shares in 2,326 and 9,735 deals respectively. The OILANDGAS sector traded 67,384,175 volume of shares in 5,474 deal, while Other sector occupied 4.5 percent of the total market turnover. See chart...For more details, visit www.signetng.com.
 

Gainers & Losers

TOTAL topped the gainers chart for the month with an increase of N50 and closed at N345.00. Followed by SEPLAT gaining N33.5 to close at N380.00, while 7UP, OKOMUOIL and MRS gained N11.86, N5.05 and N3.45 to close at N150.86, N43.05 and N43.35 respectively. On the losers chart, FO shed N45.90 and closed at N120.00 to top the list. NESTLE followed with a loss of N20.00 to close at N795.00. Others were GUINNESS, DANGCEM and WAPCO losing N17.99, N8.00 and N7.3 to close at N80.00, N175.00 and N47.5 respectively.
SEPLAT 380
TOTAL 345
7UP 150.86
MRS 43.35
NESTLE 795
DANGCEM 175
FO 120
GUINNESS 80
 

Top Five Trades

At the end of trading in October, ACCESS BANK was the most traded stock as it traded 473,778,749 volume of shares. DIAMONDBANK and UBA followed on the list trading 348,615,276 and 289,939,185 volume respectively. 259,604,995 shares of FCMB and 249,829,433 of FBNH was also traded.
ACCESS 473,778,749
DIAMOND 348,615,276
UBA 289,939,185
FCMB 259,604,995
FBNH 249,829,433
 

Market News






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