NCM2020 (14) - Twelve Financial Services Stocks Dominate The List of Stocks You Should Not Touch

Proshare

Monday, February 03, 2020 / 06:00 AM / By Proshare Research/ Header Image Credit: EcoGraphics

 

33 or 20% of the 164 companies listed on the Nigerian Stock Exchange currently record no price movement as at December 20, 2019 as against 17% in 2018 and 37% of such stocks recorded in 2017.

Further analysis revealed that out of the 33 stocks; stocks from the financial services sector dominated the list with eight (12) stocks, services and Consumer Goods follow closely with four (4) stocks each, Healthcare and Industrial Goods have three (3) each while ICT (2), Construction/Real Estate (1), Agriculture (1), Conglomerate (1), Natural Resources (1) and Oil and Gas (1) to complete the list.


Proshare Nigeria Pvt. Ltd.


S/N

Symbol

Sector

31-Dec-18

20-Dec-19

% Chg

1

AFRINSURE

Financial Services

0.20

0.2

0.00%

2

ANINO

Oil and Gas

0.25

0.25

0.00%

3

ASOSAVINGS

Financial Services

0.50

0.5

0.00%

4

AUSTINLAZ

Industrial Goods

2.09

2.09

0.00%

5

CUSTODIAN

Financial Services

5.65

5.65

0.00%

6

CWG

ICT

2.54

2.54

0.00%

7

DUNLOP

Consumer Goods

0.20

0.2

0.00%

8

ENAMELWA

Consumer Goods

22.10

22.1

0.00%

9

EVANSMED

Healthcare

0.50

0.5

0.00%

10

FTNCOCOA

Agriculture

0.20

0.2

0.00%

11

GOLDBREW

Consumer Goods

0.89

0.89

0.00%

12

INTENEGINS

Financial Services

0.38

0.38

0.00%

13

MULTITREX

Consumer Goods

0.36

0.36

0.00%

14

MULTIVERSE

Natural Resources

0.20

0.2

0.00%

15

NESF

Financial Services

552.20

552.2

0.00%

16

NIG-GERMAN

Healthcare

3.62

3.62

0.00%

17

NOTORE

Industrial Goods

62.50

62.5

0.00%

18

NSLTECH

Services

0.20

0.2

0.00%

19

OMATEK

ICT

0.50

0.5

0.00%

20

PHARMDEKO

Healthcare

1.50

1.5

0.00%

21

ROADS

Construction/Real Estate

6.60

6.6

0.00%

22

SCOA

Conglomerates

2.93

2.93

0.00%

23

STACO

Financial Services

0.48

0.48

0.00%

24

STDINSURE

Financial Services

0.20

0.2

0.00%

25

STERLNBANK

Financial Services

1.90

1.9

0.00%

26

STUDPRESS

Services

1.99

1.99

0.00%

27

SUNUASSUR

Financial Services

0.20

0.2

0.00%

28

TANTALIZER

Services

0.20

0.2

0.00%

29

TOURIST

Services

3.50

3.5

0.00%

30

UNHOMES

Financial Services

3.02

3.02

0.00%

31

UNIC

Financial Services

0.20

0.2

0.00%

32

UNIVINSURE

Financial Services

0.20

0.2

0.00%

33

VANLEER

Industrial Goods

9.10

9.1

0.00%

Source: NSE, Proshare Markets

 

Do feel free to share your opinions/observations and feedback with us vide content@proshareng.com and/or research@proshareng.com


Proshare Nigeria Pvt. Ltd.


Related News From Proshare 2019 Review and 2020 Outlook Report 

1.      NCM2020 (13) - 83 Stocks Off 52-Week Highs and 70 Near 52-Week Lows

2.     NCM2020 (12) - Forty-two Financial Services Stocks Are Penny Stocks in 2019

3.     NCM2020 (11) - NSEASI Performance Review and How Each Company Fared in 2019

4.     NCM2020 (10) - Market Records 34 Gainers to 98 Losers in 2019; CILEASING Tops Gainers Chart

5.     NCM2020 (9) - Foreign Portfolio Participation in Equity Trading in 2019

6.     NCM2020 (8) - Trading Statistics in 2019: Market Volume Dipped By -22.98%

7.     NCM2020 (7) - NSEASI Closed in Red in 8 Out of 12 Months in 2019

8.     NCM2020 (6) - Nigeria's Fiscal Deficit is Projected to Widen to 4% of GDP

9.     NCM2020 (5) - African Stock Markets Record Improved Performance in 2019

10.  NCM2020 (4) - Africa's Projected 4% Growth Is Insufficient To Make A Dent

11.   NCM2020 (3) - General Improvement In Global Stock Markets Amid Economic Headwinds

12.  NCM2020 (2) - Significant Downtrend Recorded in Global Growth; Major Economies Negatively Affected

13.  NCM2020 (1) - Financial Markets in Transition; Understanding Past Uncertainties, Preparing for New Possibilities


Proshare Nigeria Pvt. Ltd.

 

Related News From Proshare 2018 Review and 2019 Outlook Report

1.      Proshare NCM 2018 Review and 2019 Outlook (26) - The Capital Market: Facing Uncertainty and Grabbing Opportunities

2.     Proshare NCM 2018 Review and 2019 Outlook (25) - Nigeria: Crouching Tiger, Hidden Lion

3.     Proshare NCM 2018 Review and 2019 Outlook (24) - Sectoral Market Capitalizations - Oil and Gas Sector Recorded 7.24% Growth in 2018

4.     Proshare NCM 2018 Review and 2019 Outlook (23) - Agriculture Sector  OKOMUOIL Tops on EPS as PRESCO Tops on PE Ratio

5.     Proshare NCM 2018 Review and 2019 Outlook (22) -Healthcare Sector- MORISON Tops on EPS, PAT Margin and ROE

6.     Proshare NCM 2018 Review and 2019 Outlook (21) - Industrial Goods - DANGCEM Tops on EPS, PAT Margin as BERGER Tops on PE Ratio

7.     Proshare NCM 2018 Review and 2019 Outlook (20) - Oil and Gas Sector - SEPLAT Tops on EPS and PAT Margin

8.     Proshare NCM 2018 Review and 2019 Outlook (19)- Consumer Goods Sector - NESTLE Tops on EPS as ENAMELWA Tops on PE Ratio

9.     Proshare NCM 2018 Review and 2019 Outlook (18) - Financial Services Sector - STANBIC Tops on ROE as NESF Tops on EPS

10.  Proshare NCM 2018 Review and 2019 Outlook (17) - Eight Financial Services Stocks Dominate the List of 28 Stocks You Should Not Touch

11.   Proshare NCM 2018 Review and 2019 Outlook (16) - Stocks Off and Near 52-Week Highs and Lows

12.  Proshare NCM 2018 Review and 2019 Outlook (15) - Extracts of Financials of Quoted companies - DANGCEM Tops on Revenue, PAT and Net Assets

13.  Proshare NCM 2018 Review and 2019 Outlook (14) - Growth of Securities Listed on NSE - Total Securities Listed Increased By 9.58%

14.  Proshare NCM 2018 Review and 2019 Outlook (13) - Forty-Six Financial Services Stocks Are Penny Stocks in 2018

15.  Proshare NCM 2018 Review and 2019 Outlook (12) - Foreign Portfolio Participation in Equity Trading in 2018

16.  Proshare NCM 2018 Review and 2019 Outlook (11) - Market Records 32 Gainers to 109 Losers in 2018; CCNN Tops Gainers List

17.  Proshare NCM 2018 Review and 2019 Outlook (10) - NSE ASI Performance Review and How Each Company Fared in 2018

18.  Proshare NCM 2018 Review and 2019 Outlook (9) - New Listings and De-Listings in 2018: Market Records One New Listing and Four De-listings

19.  Proshare NCM 2018 Review and 2019 Outlook (8) - Trading Statistics in 2018 - Total Market Volume Increased By 5.92%

20. Proshare NCM 2018 Review and 2019 Outlook (7) - Bond Market: Safety In A Season Of Uncertainty

21.  Proshare NCM 2018 Review and 2019 Outlook (6) -  Mutual Funds -A Tale of Mixed Fortunes

22. Proshare NCM 2018 Review and 2019 Outlook (5) - Market Records 8.53% Growth in Q1’18; Negative Sentiment Permeates in Subsequent Quarters

23. Proshare NCM 2018 Review and 2019 Outlook (4) - Economic Indicators: Moving Forward Slowly

24. Proshare NCM 2018 Review and 2019 Outlook (3) - African Markets Still Depressed

25. Proshare NCM 2018 Review and 2019 Outlook (2)- Global Market in Tumbles

26. Proshare NCM 2018 Review and 2019 Outlook (1)- Surviving Uncertain Times in the Nigerian Financial Market

 

Proshare Nigeria Pvt. Ltd.

 

Related News From Proshare 2017 Year End Review

1.      Financial Services Sector is the Most Capitalized Sector; Contributes 31.62% to Total Market CAP

2.     Extract from Financials - DANGCEM Tops Companies by Turnover, PAT, Fixed Asset as well as Net Asset

3.     Global ETFs in 2017

4.     Stocks Trading at Their Nominal Value as at 29122017

5.     DANGSUGAR, INTBREW Top Gainers as MORISON, JAIZBANK Top Losers in 2017

6.     New Listings and Delistings in 2017

7.     Trading Statistics in 2017 - TRANSCORP, UBA Top Market Volume

8.     Argentina, Nigeria Lead as Best Performing Stock Markets in the World in 2017

9.     Stock You Should Not Touch - 63 Stocks Record No Price Movement in 2017

10.   Stocks Off and Near 52-Week Highs and Lows as at 221217

11.   Top 10 Policy Reforms in 2017

12.  Zimbabwe, Malawi Stock Markets Lead African Markets in 2017 as Ivorian BRVM-10 Top Losers

13.  Nigeria's Top Ten News Makers in 2017

14.  Nigeria’s Economic Indicators in 2017

15.  Market Movements in 2017 - Forex Reserves Up by 44.54%

16.  Foreign Portfolio Participation in Equity Trading in 2017

17.  Oil and Gas Sector - SEPLAT, ETERNA Top Gainers as FO Records -47.19% YTD Return

18.  Consumer Goods Sector - GUINNESS Records Over 3,000 PE Ratio

19.  Financial Services Sector - GUARANTY Records 40.52% PAT Margin as NESF Tops on EPS

20. NSE ASI Performance Review and How Key Sectors Fared in 2017

21.  47 Financial Services Sector Stocks Are Penny Stocks in 2017

22. Movers and Shakers in 2017 - DANGCEM, GUARANTY Record Growth in MKT CAP as FO, MOBIL Lead Otherwise

 

Proshare Nigeria Pvt. Ltd.

 

Related News From Proshare 2016 Year End Review

1.      Trading Statistics in 2016 - UBA, WEMANK Top Market Total Volume in 2016

2.     82 Quoted Companies Declared Dividends and Bonuses in 2016

3.     38 out of 47 Stocks Listed Between 2008 and 2016 Trade Below Their Listing Prices

4.     7 Stocks With PE Ratio Within Average Market Acceptable Ratio

5.     Consumer Goods Sector - NESTLE, CHAMPION and NB Record Over 1,000 PE Ratio

6.     Healthcare Sector Records No Gainer as EKOCORP Tops on EPS and PE Ratio

7.     Financial Services Sector - NESF Records 47.42 EPS Ratio as Banking Stocks Dominate Gainers List.

8.     45 Resignations Announced by Quoted Companies in 2016

9.     104 Appointments Made by Quoted Companies in 2016

10.  Foreign Portfolio Participation in Equity Trading Drops in 2016

11.   Stocks from the Financial Services Sector Dominate the List of Penny Stocks in 2016

12.  NSE ASI Performance Review and How Key Sectors Fared in 2016

13.  Movers and Shakers in 2016 -GUARANTY, SEPLAT Record Growth in Market CAP as FO, WAPCO Lead Otherwise

14.  Global Market: Argentina, Italy lead as Best Performing Stock Markets in the World

 

Proshare Nigeria Pvt. Ltd.

 

Related News From Proshare 2015 Year End Review

1.      Trading Statistics by Sector in 2015: Financial Services Tops with over 80% Contribution by Volume

2.     Trading Statistics in 2015: Total Market Volume Drops by -5.10%

3.      Movers and Shakers in 2015: WAPCO, FO Record Growth in Market Capitalization 

4.     Nigerian Stock Market Records -22.47% YTD loss as EVANSMED Tops Losers with -78.07%

5.     Nigeria's top newsmakers of the year 2015

6.     How key Sectors fared in 2015

7.     The NBS Consumer Price Index - January to November 2015

8.     Where to invest in 2016 as economic uncertainties continue to grow

9.     Top 10 Policy Reforms in 2015

10.   Nigerian Economic Indicators in 2015

 

Proshare Nigeria Pvt. Ltd.

 

Related News - Reviews and Outlooks

1.      FY 2020 Outlook: Treading Uncharted Waters - CardinalStone Research - Jan 21, 2020

2.     NSR H1 2020 (10) - Monetary Policy - CBN Caressing Both FPIs and Economic Growth - ARM - Jan 20, 2020

3.     NOVA Economic Outlook H1 2020 - Nigerian Economy To Grow By 2.4% YoY Over 2020 - NOVA Mercahant Bank - Jan 17, 2020

4.     Year Ahead 2020 - Re-risking The Financial System - Coronation Research - Jan 16, 2020

5.     Meristem Research 2020 Outlook - Finding Alpha Amidst The Haze - Mersitem Research - Jan 08, 2020

6.     Nigeria in 2020: Awakening the Sleeping Giant - WSTC - Jan 07, 2020

7.     Nigeria Economic Outlook 2020: A Different Playing Field - United Capital Research - Jan 02, 2020

8.     Nigeria FY 2020 Outlook - A Delicate Sprout - Vetiva Research - Dec 17, 2019

9.     2020 Outlook: At the Cliff's Edge - Macroeconomic Review and Outlook - Cordros  Dec 10, 2019

 

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP