Nigerian bourse continued its bearish trend, taking no rest from previous week losses as the ASI dipped further by 1.27% to 24,026.05 index points on Monday.??
Market capitalization shed N161.59 billion to settle at?N12.533 trillion. Accordingly, the Month-to-Date and Year-to-Date losses increased to -1.85% and -10.52%, respectively.?
Activity levels closed strong, compared to the previous trading session, as total volume and value increased by 31.45% and 83.21% to 189.69million units and N2.78billion respectively. GUARANTY was the most traded by volume and value at 60.46million units and N1.27billion.?
Market sentiment, as measured by market breadth, was negative as 17 tickers declined, relative to 14 gainers. BETAGALSS and JBERGER were the top losers of the day with 9.95% and 9.81% price decline, while NAHCO and ZENITHBANK topped the gainers with 10.00% and 5.25% appreciation in share value.?
Performance across sectors mirrored the broad index as three out of the five major sub-indexes we cover posted losses. Price appreciation in ZENITH and GUARANTY spurred?a +1.51% gain in the Banking Index, trailed by the Insurance Index, which appreciated by 1.05%, as CORNERSTONE & AIICO INSURANCE gained.??
The Consumer goods index led the laggards with (-3.18%), on?Nestle -6.51% decline.? The Industrial Index -2.35% followed, due to losses in BUACEMENT (-5.00%), while the Oil and Gas index declined distantly by- 0.04%, impelled by losses in OANDO.?
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NAHCO up 10.00% to close at N2.2, ZENITHBANK up 5.25% to close at N16.05, FLOURMILL up 5.11% to close at N18.5, UBN up? 1.87% to close at N5.45, GUARANTY up 0.96% to close at N21.?
BETAGLAS down 9.95% to close at N61.55, JBERGER down 9.81% to close at N16.55?NESTLE?down 6.51%? to close at N1175, BUACEMENT down 5.00% to close at N39.9, CILEASING down 8.43% to close at N3.8,??
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Blue-chip heavyweights, BUACEMENT, NESTLE?dragged the Nigerian bourse lower on Monday’s trading session, as market liquidity improved slightly.?Nairametrics recommends cautious buying as economic uncertainty strengthens amidst Q2 earning result season.?
Olumide Adesina is a French-born Nigerian.
He is a Certified Investment Trader, with more than 15 years of working expertise in Investment Trading.
Member of the Chartered Financial Analyst Society.
Behavioral Finance, Duke University.
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List of Dividends announced so far in 2020 (September)
As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. It is also important to track these announcements to know who is eligible to collect the dividend, when it will be approved and when it will be paid.?Dividend payment also affects share prices.
This page will be updated from time to time.
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张鲁一老婆合影Date Announced张鲁一老婆合影 – The date the company announced dividends evidenced by a corporate action published on the website of the NSE.
张鲁一老婆合影Qualification date张鲁一老婆合影 – Shareholders who own shares as of this date will receive dividends. If you buy shares and want to receive dividends make sure it is at least three days before this date. Shares get transferred to you on the basis of the T+3 rule (the date you bought plus 3 working days).
张鲁一老婆合影Payment date张鲁一老婆合影 – This is when the dividend will be paid to you, either via post (dividend warrants) or direct credit to your bank accounts (e-dividend).
张鲁一老婆合影Closure of Register张鲁一老婆合影 – Only shareholders who own shares listed in their register before this date will be paid dividends.
You can also scroll sideways to view the rest of the columns if using a mobile phone.
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CUSTODIAN, ZENITHBANK and GUINNESS were the most active to boost market turnover.??
Nigerian bourse ended?the trading week on a positive a note. The All Share Index gained 0.28% to close at 25,591.95 basis points as against 0.38% appreciation recorded on Thursday. Its Year-to-Date (YTD) returns currently stands at -4.66%.??
Nigerian Stock Exchange turnover printed negative as volume dipped by 10.04% as against -12.29%?plunge?recorded on Thursday. CUSTODIAN, ZENITHBANK and GUINNESS were the most active to boost market turnover.??
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AIRTELAFRI leads the list of active stocks that recorded impressive volume?gains?at the end of today’s session.?
Market breadth closed positive, as NPFMCRFBK led 19 Gainers as against 18 Losers topped by ARDOVA at the end of today’s session – an unimproved performance when compared with the previous outlook. ?
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Against all?odds, Nigerian bourse, finished Friday’s trading session on a bullish note amid falling oil prices at U.S trading session. ?
Nigerian Stock Exchange market liquidity continued to print unimpressive data numbers, as institutional?investors remain on the sidelines.?
Nairametrics expects cautious buying as the resurging COVID-19?caseloads, disrupts?Nigeria’s international market negatively.?
The first time since March, both indexes had a drop for the fourth time in five days.
After a recent technology-led selloff, US stocks of big tech brands suffered significant decline at?their last trading session, pausing Wednesday’s rebound, after a recent technology-led selloff.
The tech-heavy Nasdaq Composite Index plunged by 1.99%, to close at 10919.59 points, and the S&P 500 fell lost 1.76%, to close at 3339.19 points, marking the first time since March, that both indexes had a drop for the fourth time in five days.
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The Dow Jones Industrial Average closed down 1.45%, to 27534.58 points.
张鲁一老婆合影What it means:张鲁一老婆合影 As COVID-19 cases continue to rise, it should be noted that US consumer spending is a massive downside risk for equity markets. With services making up around two-thirds of overall spending, the recovery in this part of the economy is crucial, if the US economy hopes to finish the year strongly.
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Stephen Innes, Chief Global Market Strategist, AxiCorp, in a note to Nairametrics, spoke on the prevailing macros at the world’s largest equity market. He said,
“US stocks reversed course and fell for the fourth day in five, spurred by a fresh tech sell-off. The S&P 500 declined 1.8%, and the Nasdaq, where volatility has prevailed for over a week, lost 2%. Energy shares plunged as oil dropped back toward $37. Asian stocks looked most certainly set to drop. Treasuries rose with the dollar. Weaker sentiment returned after US democrats voted to block stimulus legislation worth around $500 billion put forward by Senate Republicans, arguing the package was too small. Perhaps unsurprisingly, given the $3 trillion passed by house democrats in May.”
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The market remains deeply scarred from the tech rout, which in no small part has kept the wall of money sidelined.
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