Capital Market | |
Capital Market | |
5518 VIEWS | |
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Thursday, January 24, 2019 6:30AM /Proshare
Research
The
Nigerian Stock Market recorded an impressive performance in Q1 2018 with +8.53% gain recorded. Negative market sentiment
permeated the market in subsequent quarters as investor became wary of emerging
global and domestic economic developments. The NSEASI dipped by -7.77% and -14.40% in
Q2 and Q3 2018 respectively. The index dipped further by -4.08% in Q4 2018 as the market closed the year
with a YTD of -17.81%.
The
following factors could be said to be responsible for the dreary market
performance at the end of the past year:
YTD Market Performance Review |
|||
Periods |
29-Dec-17 |
31-Dec-18 |
% Change |
YTD |
38,243.19 |
31,430.50 |
-17.81% |
Monthly Market Performance |
|||
Jan '18 |
38,243.19 |
44,343.65 |
15.95% |
Feb '18 |
44,343.65 |
43,330.54 |
-2.28% |
Mar '18 |
43,330.54 |
41,504.51 |
-4.21% |
Apr '18 |
41,504.51 |
41,268.01 |
-0.57% |
May '18 |
41,268.01 |
38,104.54 |
-7.67% |
Jun '18 |
38,104.54 |
38,278.55 |
0.46% |
Jul '18 |
38,278.55 |
37,017.78 |
-3.29% |
Aug '18 |
37,017.78 |
34,848.45 |
-5.86% |
Sep '18 |
34,848.45 |
32,766.37 |
-5.97% |
Oct '18 |
32,766.37 |
32,466.27 |
-0.92% |
Nov '18 |
32,466.27 |
30,874.17 |
-4.90% |
Dec '18 |
30,874.17 |
31,430.50 |
1.80% |
Quarterly Market Performance |
|||
Q1 |
38,243.19 |
41,504.51 |
8.53% |
Q2 |
41,504.51 |
38,278.55 |
-7.77% |
Q3 |
38,278.55 |
32,766.37 |
-14.40% |
Q4 |
32,766.37 |
31,430.50 |
-4.08% |
Source:NSE, Proshare
Research |
Do feel free to share your opinions/observations and feedback with us vide content@proshareng.com and/or research@proshareng.com
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