Good morning.


We begin our pre-market coverage of the Nigerian Stock Exchange (NSE).


Pre market runs from 9.30 to 10am daily on the NSE.


During this period, investors can place orders, but no trade occurs.


Figures will take the format Bid(k) vs Offer(k).


Bid represents the amount of stocks people want to buy.


Offer the number of stocks, people wish to sell.


K represents thousands.


Net bid means there are no offers for a stock.


Net offer means there are no buyers for a stock as at pre market.


Bid vs Offer figures are subject to change all through the day.


Access Bank 10k bid vs 50k offered


Dangote Cement 68k bid vs 1k offered


FBNH 147k bid vs 5k offered


Seplat 250 units net bid


UBA 650 units bid vs 61k offered


Wapco 6k bid vs 5k offered


Zenith Bank 2k bid vs 645k offered


Dangote Flour 389 units bid vs 100k offered


Dangote Sugar 100k bid vs 10k offered


Guaranty Trust Bank 114k bid vs 9k offered


Guinness Nigeria 18k bid vs 2k offered


International Breweries 10k net offer


Nigerian Breweries 500 units bid vs 20k offered


PZ Cussons Nigeria 40k bid vs 2k offered


Unilever Nigeria 20k bid vs 146 units offered


This Nairametrics post is brought to you by I-Invest

Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today

Download the app via your Playstore or Apple Store

*Daily Market Summary*

The Nigerian Stock Exchange closed today’s trading session on a positive note. The All Share Index ended 32,841.69 basis points Up 0.54%.

Year to date, the index is down 14.12%.

*Top Gainers and Losers*

*Gainers*

Vitafoam Plc was the best performing stock today. The stock closed at N3.46, up 9.84%.

The Initiates Plc closed at N0.61, up 8.93%.

Prestige Assurance Plc closed at N0.56, up 7.69%.

*Losers*

Forte Oil Plc was the worst performing stock today. The stock closed at N20.15, down 9.23%.

John Holt Plc closed at N0.40, down 9.09%.

Sunu Assurances Plc closed at N0.20, down 9.09%.

*Top Trades by volume*

Consolidated Hallmark Insurance was the most actively traded stock today. 91.2 million Shares valued at N25.5 million traded in 4 deals.

Fidelity Bank was next with 14.5 million shares valued at N27.3 million traded in 95 deals.

Access Bank rounds up the top 3 with 10.4 million shares valued at N84.1 million traded in 109 deals.

This Nairametrics post is brought to you by I-Invest

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Large Trade:
91.2 million Consolidated Hallmark Insurance shares valued at N25.5million shares traded in 4 deals.

This Nairametrics post is brought to you by I-Invest
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store

Good morning.

We begin our pre-market coverage of the Nigerian Stock Exchange (NSE).

Pre market runs from 9.30 to 10am daily on the NSE.

During this period, investors can place orders, but no trade occurs.

Figures will take the format Bid(k) vs Offer(k).

Bid represents the amount of stocks people want to buy.

Offer the number of stocks, people wish to sell.

K represents thousands.

Net bid means there are no offers for a stock.

Net offer means there are no buyers for a stock as at pre market.

Bid vs Offer figures are subject to change all through the day.

Access Bank 280k bid vs 270k offered

Dangote Cement 100 units bid vs 1k offered

First Bank 50k bid vs 100k offered

Seplat 166 units

UBA 3.6 million bid vs 100k offered

Wapco 40k bid vs 20k offered

Zenith Bank 100k bid vs 20k offered

Dangote Flour 674k bid vs 15k offered

Dangote Sugar 114k bid vs 2k offered

Guaranty Trust Bank 100 units bid vs 25k offered

Guinness 14k bid vs 200 units offered

International Breweries 6k bid vs 2k offered

Nigerian Breweries 11k bid vs 6k offered

PZ Cussons Nigeria 12k bid vs 18k offered

Unilever Nigeria 23k bid vs 5k offered

This Nairametrics post is brought to you by I-Invest
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store

omoboy110:
Hello people i'm interested in investing in stocks,i will like some recommendations like stock brokers and where i can get materials to read so i can understand the stock market
Thanks in anticipation

You can start by downloading these materials

https://zerodha.com/varsity/module/introduction-to-stock-markets/

https://zerodha.com/varsity/module/fundamental-analysis/


You can also attend this event if you are in Lagos

shina88:
Join Industry Experts at the 2018 Traders, Investors & Analysts (TIA) MEETUP at the Nigerian Stock Exchange, Marina, Lagos on 30th & 31st October, 2018. Register Now http:///2RrTJgo

*Daily Market Summary, October 16, 2018.*

The Nigerian Stock Exchange ended today’s trading session on a positive note, as the All Share Index, closed at 32,722.18 basis points, up 0.95%.

Year to date, the index is down 14.44%.

*Top Gainers and Losers*

*Gainers*
UAC Property Development Company (UPDC) was the best performing stock today. The stock closed at N1.77, up 9.94%.
Cutix Plc. closed at N2.03, up 9.73%.
Unilever Plc. closed N43.50, up 5.58%

*Losers*
On the flip side, Beta Glass was the worst performing stock in today’s trading session. The stock closed at N70.20, down 10%.
Julius Berger closed at N21.55, down 9.83%.
Niger Insurance closed at N0.30, down 9.09%.

*Top trades by Volume.*

Sunu Assurance was the most actively traded stock today. 500 million shares valued at N100 million traded in 15 deals.

41.8 million Guaranty Trust Bank shares valued at N1.5 billion were traded in 221 deals.

20.2 million Fidelity bank shares valued at N38.6 million were traded in 153 deals.


This Nairametrics post is brought to you by I-Invest
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

Good morning.


We begin our pre-market coverage of the Nigerian Stock Exchange (NSE).


Pre market runs from 9.30 to 10am daily on the NSE.


During this period, investors can place orders, but no trade occurs.


Figures will take the format Bid(k) vs Offer(k).


Bid represents the amount of stocks people want to buy.


Offer the number of stocks, people wish to sell.


K represents thousands.


Net bid means there are no offers for a stock.


Net offer means there are no buyers for a stock as at pre market.


Bid vs Offer figures are subject to change all through the day.


Access Bank 300k bid vs 100k offered


Dangote Cement 200 units bid vs 500 units offered


FBNH 1k bid vs 3k offered


Seplat 200 units bid vs 97 units offered


UBA 12k bid vs 34k offered

Wapco 57k bid vs 15k offered


Zenith Bank 8k bid vs 23k offered


Dangote Flour 100 units bid vs 31k offered


Dangote Sugar 6k bid vs 10k offered


Guaranty Trust Bank 5k bid vs 2k offered


Guinness 15k bid vs 13k offered


International Breweries 6k net bid


Nigerian Breweries 10k bid vs 6k offered


PZ Cussons 97k bid vs 2k offered


Unilever Nigeria 25k bid vs 24k offered


This Nairametrics post is brought to you by I-Invest

Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today

Download the app via your Playstore or Apple Store.

Spot on. Due to its low volume it's not a stock for jijo but for dividend investors it's a good stock to have in your portfolio.

Mcy56:


Yeah. For two consecutive years now, they declared 14k, a dividend higher than what FCMB or even Fidelity declared, yet it wasnt patronize as such. You can only see buyers queing up at lower prices..... below 1.40.
However, I think its a stock any dividend lover should have in his/her portfolio and besides, it doesnt shed price as such during bear period.
They have subsidiaries in other countries which generates good revenue for them. So as a group, they make good profits yearly.

You have a point though. Some of these investment firms can give more specialized service as regards TBills and other fixed income instruments as its their core business. And there are a few well established and reputable firms out there. Some of them are even owned/partly owned by banks.

Acidosis:


That being said, all I'm asking is that we should open our minds a little bit so that people with useful info won't keep it to themselves out of fear of being castigated.

Desanta:


I am not sure investment one is subsidiary of GTB.

Not anymore but it once was. Investment One is the former GTB Asset Management Limited

*Daily Market Summary, October 11, 2018,*

The Nigerian Stock Exchange closed at 32,417.82 basis points, up 0.11%.
Year to date, the index is down 15.23%


*Top Gainers and Losers*

*Gainers*
Niger Insurance was the best performing stock in today’s session. The stock closed at N0.33, up 10%.

Prestige Assurance was next with an 8.33% gain to close at N0.52.

Flour Mills of Nigeria closed at N21.95, up 7.60%.

*Loser*
On the flip side, the Initiates Plc. was the worst performing stock today. The stock closed at N0.65, down 9.68%.

Continental Reinsurance closed at N1.35, down 9.40%.

MCNichols Plc. closed at N0.59, down 9.23%.



*Top trades by volume*

The top traded stocks are from the banking sector. Guaranty Trust Bank was the most actively traded stock today. 48.7 million Shares valued at N1.7 billion were traded in 237 deals.

Fidelity Bank was next with 13.8 million shares valued at N26.3 million in 136 deals.

FCMB Plc. was the third most traded with 11.1 million shares valued at N18.7 million traded in 133 deals.


This Nairametrics post is brought to you by I-Invest
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

Good morning.

We begin our pre-market coverage of the Nigerian Stock Exchange (NSE).

Pre market runs from 9.30 to 10am daily on the NSE.

During this period, investors can place orders, but no trade occurs.

Figures will take the format Bid(k) vs Offer(k).

Bid represents the amount of stocks people want to buy.

Offer the number of stocks, people wish to sell.

K represents thousands.

Net bid means there are no offers for a stock.

Net offer means there are no buyers for a stock as at pre market.

Bid vs Offer figures are subject to change all through the day.

Access Bank 15k bid vs 49k offered

Dangote Cement 100 units bid vs 1k offered

FBNH 200k bid vs 96k offered

Seplat Petroleum 200 units bid vs 500 units offered

UBA 50k bid vs 55k offered

Wapco 115 units bid vs 10k offered

Zenith Bank 245k bid vs 71k offered

Dangote Flour 61 units bid vs 6k offered

Dangote Sugar 5k bid vs 4k offered

Guaranty Trust Bank 2.5 million bid vs 260k offered

Guinness 20k bid vs 5k offered

International Breweries 25k bid vs 4k offered

Nigerian Breweries 8k bid vs 4k offered

This Nairametrics post is brought to you by I-Invest
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

*Daily Market Summary October 10, 2018.*

The Nigerian Stock Exchange (NSE) continued sinking today, as the All Share Index closed at 32,382.58 basis points, down 0.11%.
Year to date, the index is down 15.32%

*Top Gainers and Losers*

*Gainers*
Chemical and Allied Products Plc, was the best performing stock in today’ session. The stock closed at N33, up 10%.
Mutual Benefits Assurance Plc closed at N0.28, up 7.69%.
Continental Reinsurance Plc closed at N1.49, up 7.19%.

*Losers*
McNichols Plc led the losers chart today. The stock declined by 9.72% to close at N0.65.
Transcorp Hotels closed at N6.10, down 9.63%.
Law Union and Rock Insurance closed at N0.52, down 8.77%.

*Top Trades by Volume*

The top 3 trades by volume all came from the banking sub-sector. FCMB was the most actively traded stock by volume with 18.2 million shares valued at N31 million traded in 81 deals.

Fidelity Bank is next with 17.2 million shares valued at N32 million traded in 142 deals.

First Bank rounds up the top three trades by volume with 15.8 million shares valued at N145 million traded in 201 deals.


This Nairametrics post is brought to you by I-Invest
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store

Large Trades:

8.4 million Guaranty Trust Bank shares valued at N310 million traded in 88 deals.

7.8 million FCMB shares valued at N13.3 million traded in 25 deals.


This Nairametrics post is brought to you by I-Invest

Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today

Download the app via your Playstore or Apple Store

Large Trade:
12.4 million Chams shares valued at N3.2 million traded in 10 deals.

This Nairametrics post is brought to you by I-Invest
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

It's so quiet in here

Good morning.

We begin our pre-market coverage of the Nigerian Stock Exchange (NSE).

Pre market runs from 9.30 to 10am daily on the NSE.

During this period, investors can place orders, but no trade occurs.

Figures will take the format Bid(k) vs Offer(k).

Bid represents the amount of stocks people want to buy.

Offer the number of stocks, people wish to sell.

K represents thousands.

Net bid means there are no offers for a stock.

Net offer means there are no buyers for a stock as at pre market.


Bid vs Offer figures are subject to change all through the day.

Access Bank 60k bid vs 89k offered

Dangote Cement 500 units bid vs 1k offered

FBNH 107k bid vs 10k offered

Seplat 14k bid vs 340 units offered

UBA 42k bid vs 50k offered

Wapco 55k bid vs 20k offered

Zenith Bank 4k bid vs 8k offered

Dangote Flour 62 units bid vs 300k offered

Dangote Sugar34 units bid vs 4k offered

Guaranty Trust Bank 13 units bid vs 25k offered

Guinness 10k bid vs 20k offered

International Breweries 25k bid vs 15k offered

PZ Cussons Nigeria 122k bid vs 9k offered

Unilever Nigeria 5k bid vs 1k offered

This Nairametrics post is brought to you by I-Invest
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

Corporate Action:

The Nigerian Stock Exchange (NSE) has suspended trading in the shares of these firms, for failure to submit their results as at when stipulated:

DN Tyre & Rubber Plc.

FTN Cocoa Processors Plc.

International Energy Insurance Plc.

Thomas Wyatt Nigeria Plc.

Union Dicon Salt Plc.

Unic Diversified Holdings Plc.


This Nairametrics post is brought to you by I-Invest
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

*Daily Market Summary October 8, 2018.*


The Nigerian Stock Exchange (NSE) started the week on a positive note as the All Share Index closed at 32,444.96 basis points, up 0.19%.


Year to date, the index is down 15.16%



*Top Gainers and Losers*


*Gainers*

Unity Bank Plc was the best performing stock in today’s trading session. The stock gained 9.09% to close at N0.96.

Neimeth International Pharmaceuticals closed at N0.64, up 8.47%.

Mutual Benefits closed at N0.28, up 7.69%



*Losers*

On the flip side. John Holt Plc was the worst performing stock in today’s trading session. The stock closed at N0.48, down 9.43%.

Guinea Insurance closed at N0.29, down 9.38%.

AIICO Insurance closed at N0.78, down 6.02%,



*Top traded stocks by volume*

Guaranty Trust Bank was the most actively traded stock by volume. 21.5 million shares valued at N788 million were traded in 181 deals.


FCMB was next with 21.3 million shares valued at N36.2 million traded in 113 deals.


NEM Insurance rounds up the top three most traded with 11 million shares valued at N33 million traded in 28 deals.



This Nairametrics post is brought to you by I-Invest

Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today

Download the app via your Playstore or Apple Store.

Dear Esteemed Client,



Anchorage Capital Partners (ACP) , a Private Equity Firm, became popular, among other reasons, for Dick Smith, which was dubbed, ‘the greatest private equity heist of all time'. A little background to the story; Dick Smith, which was founded in 1968, became the largest retailer of consumer electronics in Australia and New Zealand, and was fully sold to Woolworths in 1982. ACP acquired it for initial cash payment of $20million (and a cumulative sum just above $100million) in November 2012 and floated it on the Australian Securities Exchange in December 2013 for $520million, retaining a 20% stake, which was fully divested by September 2014, about 2 years before the company collapsed. Question; Could significant value have been created in less than 15 months to warrant such high valuations or was it simply financial ‘cosmetics’? Definitely not the former! So, what happened from acquisition to floatation and then to failure? Join us at our upcoming training on industry and company analysis to find out more and also develop the competencies to identify such incidences before the risks eventually crystallize.

This program will help you to:

Understand the impact of economic and industrial structure on the activities of a company
Analyze a company’s past and project its future performance vis a vis its strategy
Breakdown a company’s financials and identify the drivers of and drags to growth
Compute and properly analyze key ratios
Anticipate and analyze possible future growth/crisis
Identify funding gaps in companies and propose solutions ahead of competitors


Who should attend?

Investment Management Head & Team Members
Research Analysts
Financial Analysts
Financial Journalists
Pension Fund Administrators
Fund Managers
Consultants
Business Analysts
Anyone with a keen interest in investment analysis


TRAINING FEATURES AND BENEFITS:

Customization:

We will tailor each module to the needs of the respective participants and a pre-training assessment will be conducted to determine any special need and the curriculum enhanced to meet such objectives.

Hands-on experience:

Meristem will also provide hands-on experience in which the participants will follow the skill demonstrations of the instructors on their laptops and build models of their own. They are also encouraged to come with a project/task that they need help with so it can provide a relevant and more impactful learning experience for them.

One-on-One Training:

We acknowledge that everyone is not on the same point on the learning curve and will therefore be willing to give special attention to participants needing such to bring everyone to speed on the training.

Materials:

Meristem will provide customized training materials in folder, writing pads and stationery, and other requisite training materials.

In addition, certificates will be awarded to participants at the end of the course.

Follow-Up Guarantee:

Meristem is here to add value and will therefore provide a guaranteed follow-up service for thirty days (30) after the course. During this period, participants can email the instructors any question that pertains to the classes and they will be responded to within 1-2 business days, but our response time is usually shorter than that.

Future Training Discount:

Participation in any of our training gives you a 5% discount at future training over the next 2 years.



TRAINING SCHEDULE:

Training: Financial Statement Analysis & Industry and Company Analysis

Date: 11th and 12th of October 2018

Venue: Growth Academy, 56A Bourdillon Road, Ikoyi, Lagos State.

Duration: 2 working days

Fees: NGN100,000



ACCOUNT DETAILS:

Account name: Meristem Securities Limited

Bank: Guaranty Trust Bank (GTBANK) Plc

Account Number: 0003395494

Bank Sort Code: 058152162

Tax Identification Number: 0120112-001



Course Content

Introduction
Industry Analysis
Analysis of internal environment
Porter’s Five forces
Life-cycle Analysis
Analysis of the external environment
Macroeconomic factors
Social factors
Technological factors etc.
Practical case study: Strategic analysis of at least three industries


Company Analysis
Analysis of various competitive strategies
What to consider in company analysis
Corporate Profile
Characteristics and position in the industry
Demand and Supply analysis of Product
Pricing environment etc.
ü Framework for Company Analysis



Financial Statement Analysis
Why Financial Statement Analysis
Understanding the major financial statements and other non-financial elements
Analysis of each line item
Forecasting
Common size analysis


Financial Ratios
Profitability ratios and their interpretations
Liquidity ratios and their interpretations
Solvency ratios and their interpretations
Indicators of risks in a financial statement
Compare historical performance and peer review
Practical examples on some companies listed on the NSE


CASE STUDY:
Practical examples on company failures and how they could have been spotted e.g Parmalat debt crisis
Identifying ways in which the failures could have been prevented.


Kind Regards,

Toun2nl:
@godlylifeoneart, how does a Nigeria acquire documents to register on easyequities.za

Go to their websites and check out their requirements for opening accounts. It's not that much different from opening an account here. I sent them an email to ask if they accept foreign non resident clients and they said they do.

Dividends will be paid into your stockbroking account which you can withdraw (in dollars) to your dorm account registered with them.

If you have any other concerns feel free to contact them. I plan to open an account with them next year.

*Daily Market Summary October 5, 2018.*

The Nigerian Stock Exchange ended today’s trading session on a negative note, as the all share index closed at 32,138.15 basis points, down 0.12%.

Year to date, the index is down 15.32%


*Top Gainers and Losers*

*Gainers:*
Wapic Insurance Plc. was the best performing stock in today’s trading session. The stock gained at 8.11% closed at N0.40.

First Aluminum gained at 7.69% to close at N0.42.

UACN gained at 7.48% to close at N11.50

*Losers:*
Law Union and Rock Insurance was the worst performing stock in today’s trading session. The stock lost at 8.33% closing at N0.55

Thomas WY fell by 8.00% closing at N0.23.

Zenith Bank fell by 3.79% closing at N21.55.


*Large Trades by Volume*
FCMB was the most traded stock by volume today as 42 million shares valued at N72.2 million were traded in 93 deals.

Access was next with 32.5 million shares, valued at N262 million were traded in 97 deals

Zenith Bank traded 12.3 million shares valued at N275 million in 268 deals.

This Nairametrics post is brought to you by I-Invest

Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

*Daily Market Summary October 4, 2018.*

The Nigerian Stock Exchange (NSE) continued on a downward slope, as the All Share Index closed at 32,423.57 basis points, down 0.09%.

Year to date, the index is down 15.22%.

*Top Gainers and Losers*

*Gainers*

Cutix Plc was the best performing stock today. The stock closed at N4.73, up 10%.

Sovereign Trust Insurance closed at N0.24, up 9.09%.

AG Leventis Plc closed at N0.40, up 8.11%.

*Losers*

On the flip side, Niger Insurance closed at N0.28, down 9.68%.

Neimeth International Pharmaceuticals closed at N0.59, down 9.23%.

Royal Exchange Plc closed at N0.20, down 9.09%.

*Top trades by volume*

FCMB was the largest traded stock by volume. 28.9 million shares valued at N49.8 million were traded in 202 deals.

19 million Fidelity bank shares valued at N35.5 million were traded in 131 deals.

18.1 million Guaranty Trust Bank shares valued at N671 million were traded in 123 deals.


This Nairametrics post is brought to you by I-Invest

Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today

Download the app via your Playstore or Apple Store.

Good morning.

We begin our pre-market coverage of the Nigerian Stock Exchange (NSE).

Pre market runs from 9.30 to 10am daily on the NSE.

During this period, investors can place orders, but no trade occurs.

Figures will take the format Bid(k) vs Offer(k).

Bid represents the amount of stocks people want to buy.

Offer the number of stocks, people wish to sell.

K represents thousands.

Net bid means there are no offers for a stock.

Net offer means there are no buyers for a stock as at pre market.

Bid vs Offer figures are subject to change all through the day.

Access Bank 2 million bid vs 110k offered

Dangote Cement 100k bid vs 3k offered

First Bank 50k bid vs 20k offered

Seplat 565 units net bid

UBA 2k bid vs 1k offered

Wapco 35k bid vs 10k offered

Zenith Bank 22k bid vs 112k offered

Dangote Flour 16k bid vs 1k offered

Dangote Sugar 2k bid vs 15k offered

Guaranty Trust Bank 80 units bid vs 25k offered

Guinness 25k bid vs 10k offered

International Breweries 20k bid vs 644 units offered

Nigerian Breweries 2k bid vs 1k offered

PZ Cussons 500 units bid vs 8k offered

Unilever Nigeria 10k bid vs 40k offered.

This Nairametrics post is brought to you by I-Invest.
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

*Daily Market Summary October 3, 2018.*

The Nigerian Stock Exchange (NSE) fell for the second consecutive day this week. The All Share Index closed at 32,454.03 basis points, down 0.79%.

Year to date, the index is down 15.14%

*Top Gainers and Losers*

*Gainers*

Diamond Bank was the best performing stock in today’s trading session. The stock closed at N1.24, up 5.08%.

Cutix Plc was next with a 4.88% gain to close at N4.30.

Dangote Sugar Refinery Plc closed at N14.50, up 4.32%.

*Losers*

Insurance stocks led the top 3 losers on the NSE today. Niger Insurance was the worst performing stock today. The stock closed at N0.31.

Mutual Benefits Plc closed at N0.26, down 7.14%.

Sovereign Trust Insurance closed at N0.22, down 4.35%.

*Top Trades by Volume*

The top three trades by volume were led by the banking stocks.

FCMB was first with 38.3 million shares valued at N65.7 million traded in 116 deals.

UBA traded 20.8 million shares valued at N172 million in 186 deals.

19.1 million Fidelity bank shares valued N35.7 million were traded in 175 deals.


This Nairametrics post is brought to you by I-Invest.Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today

Download the app via your Playstore or Apple Store.

Good morning.

We begin our pre-market coverage of the Nigerian Stock Exchange (NSE).

Pre market runs from 9.30 to 10am daily on the NSE.

During this period, investors can place orders, but no trade occurs.

Figures will take the format Bid(k) vs Offer(k).

Bid represents the amount of stocks people want to buy.

Offer the number of stocks, people wish to sell.

K represents thousands.

Net bid means there are no offers for a stock.

Net offer means there are no buyers for a stock as at pre market.

Bid vs Offer figures are subject to change all through the day.

Access Bank 520k bid vs 20k offered

Dangote Cement 150k bid vs 420 units offered

FBNH 54 units bid vs 14k offered

Seplat 30 units net bid

UBA 125k bid vs 5k offered

Wapco 64k bid vs 250 units offered

Zenith Bank 23k bid vs 450 units offered

Dangote Flour 19k bid vs 3k offered

Dangote Sugar 250 units bid vs 2k offered

Guaranty Trust Bank. 1.2 mill bid vs 12 units offered

International Breweries 6k bid vs 5k offered

Nigerian Breweries 5 units bid vs 5k offered

PZ Cussons Nigeria 200 units bid vs 5k offered

This Nairametrics post is brought to you by I-Invest.
Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today
Download the app via your Playstore or Apple Store.

*Daily Market Summary October 2, 2018.*

The Nigerian Stock Exchange (NSE) ended the first trading session in October on a negative note as the All Share Index closed at 32,711.65 basis points, down 0.17%.

Year to date, the index is down 14.46%.


*Top Gainers and Losers*


*Gainers*

Forte Oil Plc was the best performing stock in today's trading session. The stock closed at N21.40, up 6.73%.

Fidelity Bank Plc closed at N1.80, up 5.88%.

Livestock Feeds Plc closed at N0.60, up 5.26%.


*Losers*

On the flip side, First Aluminium Plc shed 9.76% to close at N0.37.

AG Leventis Plc also fell by 9.76% to close at N0.37.

UAC Property Development Company closed at N1.76, down 9.74%.


*Top Trades by Volume*

FCMB was the most actively traded stock by volume. 33.1 million shares valued at N58.6 million were traded in 122 deals.

Next was Guaranty Trust Bank which traded 29.8 million shares valued at N1 billion traded in 214 deals.

Zenith Bank takes third place with 15.5 million shares valued at N334 million were traded in 268 deals.


This Nairametrics post is brought to you by I-Invest.

Invest in treasury bills in 5 minutes by visiting http:///i-invest_ng Today

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BullBearMkt:

...not sure I have the link anymore though. If people are interested, I can organise another one soon.

Please do another tutorial for us. I am interested.

Ugosample:


exactly

and judging by how things go in Nigeria, like antecedents, something must be fishy and dodgy...

Was this your opinion too when Keystone Bank and Mainstreet Bank were created to take over BankPhb and Afribank respectively?

jamace:
Please, tell us about them.
Also, what do you think about the content of the writeup generally?.

They are the chairman and CEO put in by CBN when they sacked the former board in 2016 and were retained by CBN when Polaris was set up to take over Skye bank. You can run a Google Search for their profiles.

As for the write up it pure trash and a poor attempt at emotional blackmail

wanaj0:


The writer is a clown. An example of what dominates public discourse in Nigeria. He is so ignorant beyond belief.

I swear

jamace:
#MYORACLE



WHO IS MUHAMMAD K. AHMAD (chairman Polaris Bank) and ADETOKUNBO M. ABIRU (Group Managing Director/CEO) of Polaris Bank



#share until it gets to the authorities!

Poorly written. To ask the question in bold shows the author did not do his/her homework before writing this or knows nothing about what happened.