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November 19, 2021

The Nigerian Stock Exchange closed the Thursday trading session of November 18th, 2021, on a negative note, with some of the measured indices turning red. The Market Indices were affected by mixed investors sentiments due to sell-offs and buy-interests. Market breadth closed with 11 Gainers and 22 Losers in yesterday's session.

The NGX ASI closed at 43,285.97 points, to reflect a loss of 0.15% from the previous trading day loss of  0.22%. Investors lost N33.63 billion. At the close of the market on Thursday 18th of November 2021, the stock exchange Equities lost 0.15% to close at N22,589.44 billion, the Bond market capitalization remained flat to close at N19.32 billion. Exchange-Traded Fund (ETF) however gained 0.28% closing at N7.37 billion. The Markets  Year-to-Date (YTD) return, however, is currently settled at +7.49%.


S/n INDICES Closing Price % CHG
1 ALL SHARE INDEX 43,285.9700000000000 -0.15
3 Equity Cap (N'Tn)  22,589,443,401,777.08 -0.15
4 BOND CAP (N'Tn) 19,323,738,220,399.40 0.000
5 ETF CAP (N'Bn) 7,368,479,801.470000 0.280



S/n Equity Closing Price % CHG
1 ETRANZACT 2.09 10.00
2 VITAFOAM 20.9 10.00
3 ACADEMY 0.36 9.091
4 JAIZBANK 0.66 6.452
5  MANSARD  2.35 6.335

S/n Equity Closing Price % CHG
1 CHAMS 0.21 -8.696
2 REGALINS 0.37 -7.500
3 UNITYBANK 0.50 -7.407
4 FBNH 11.5 -6.504
5 ABCTRANS 0.31 -6.061

 S/n   Equity   Volume Traded   Value Traded 
1  STERLINGBANK              60,190,553.00         90,310,112.16
2  ETRANZACT              14,084,144.00         29,435,703.28
3  TRANSCORP              13,136,041.00         12,703,083.44
 4  GTCO              10,944,505.00       288,453,591.4
5  JAIZEBANK              10,429,045.00           6,947,097.100

Analyst View
Naira gained against the US dollar at the official window on Thursday 18th of November by 0.07% to N414.8/$1 when compared to the previous period rate of N415.1/$1. Similarly, the Naira also depreciated at the parallel market to N546/$1 when compared to the previous rate of N545/$1. The Naira is significantly trailing the Dollar by a wide margin due to the import-dependent structure of the Nigerian economy. However, the Naira has been appreciating against the dollar in recent days due to some steps being taken by the CBN and the recently raised Eurobonds that have moderated the sliding effect. The fallen value of the Naira at the black market rides on hoarding and speculative purchases.

The Foreign exchange reserve closed at $41.42 billion as of Thursday 18th November 2021.