| Service Report |    8779 VIEWS  |
| Service Report | |
| 8779 VIEWS | |
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Friday, July 03, 2020 10:00 PM / Research@proshareng.com / Header Image Credit: EcoGraphics
Nigerian Stock Market closed the month of
June 2020 in red as market witnessed renewed sell pressure during the month
under review. The NSEASI dipped by -3.12% as against +9.76% gain recorded in the
month of May 2020 while the NASD USI closed northwards with +3.48% gain recorded at the
end of the month under review as against -1.32% loss in May 2020.
YTD, the NSEASI has dipped by -8.80% while the NASD USI inched up by +2.58% so far in the
year.
Furthermore, the NSEASI
ended Q2 2020 in the positive territory with +14.92% gain recorded as against -3.46% loss in Q2 2019 while the
NASD USI also closed the quarter northwards with +3.29% gain recorded as against -1.51% loss in Q2 2019.
On
market development, regulation and investors protection, the Securities and
Exchange Commission,
sequel to its publication of new Rules
relating to Collective Investment Schemes in December 2019, the Commission further issued some clarifications
to facilitate effective compliance with its new CIS Rules.
Also, the Nigerian Stock Exchange announced the result of the Half
Year 2020 Market Index Review. This has led to the entry and exit of some companies from some indices which
will take effect when the market opens on Wednesday, July 1, 2020.
Half Year 2020 Markets Review
The half year 2020 markets review done in the Capital Market Service
Report for June 2020 focused on the following;
Market Performance in H1 2020
A review of the NSE sector indices performance in H1 2020 revealed that
NSE Insurance, Industrial and ASeM Indices all closed green with +3.10%, +2.63% and +0.96% gains while
NSE Consumer Goods and CG Indices recorded -22.26% return to top the indices in red.
|
Market
Performance |
|||
|
Sectors |
31-Dec-19 |
30-Jun-20 |
YTD % Chg |
|
NSE ASI |
26,842.07 |
24,479.22
|
-8.80% |
|
NSE-30 |
1,177.83 |
1,052.09
|
-10.68% |
|
NSE Consumer Goods |
1,087.37 |
845.36
|
-22.26% |
|
NSE Banking |
356.84 |
281.96
|
-20.98% |
|
NSE Insurance |
125.82 |
129.72
|
3.10% |
|
NSE Oil and Gas |
262.54 |
196.47
|
-25.17% |
|
NSE LII |
1,834.76 |
1,825.74
|
-0.49% |
|
NSE-IND |
1,075.60 |
1,103.86
|
2.63% |
|
NSE-ASeM |
734.99 |
742.08
|
0.96% |
|
NSE Pension |
1,054.06 |
953.14
|
-9.57% |
|
NSE Premium |
2,116.22 |
2,125.17
|
0.42% |
|
NSE Main Board |
1,151.80 |
1,033.03
|
-10.31% |
|
NSECG |
1,087.37 |
845.36
|
-22.26% |
|
NSEAFRBVI |
988.09 |
768.52
|
-22.22% |
|
NSEAFRHDYI |
1,384.95 |
1,369.95
|
-1.08% |
|
NSEMERIGRW |
1,393.54 |
1,247.37
|
-10.49% |
|
NSEMERIVAL |
1,429.74 |
1,262.99
|
-11.66% |
|
Dangote Index |
76.35 |
68.15
|
-10.74% |
|
Elumelu Index |
88.15 |
75.27
|
-14.61% |
Gainer
and Losers in H1 2020 on NSE
At
the end of H1 2020, market recorded thirty-four (34) gainers to seventy-nine
(79) losers.
NEIMETH
and LAWUNION
topped the list of gainers with +166.13% and
+106.00% returns while INTBREW
and NCR
topped the losers' chart with -56.84% and -55.56% returns respectively.
Gainers
in H1 2020
|
S/No |
Symbol |
31-Dec-19 |
30-Jun-20 |
YTD |
|
1 |
NEIMETH |
0.62 |
1.65 |
166.13% |
|
2 |
LAWUNION |
0.5 |
1.03 |
106.00% |
|
3 |
OMOSAVBNK |
0.55 |
0.9 |
63.64% |
|
4 |
MAYBAKER |
1.93 |
2.87 |
48.70% |
|
5 |
EKOCORP |
4.25 |
6 |
41.18% |
|
6 |
OKOMUOIL |
55.6 |
77.4 |
39.21% |
|
7 |
MOBIL |
147.9 |
192.6 |
30.22% |
|
8 |
AIICO |
0.72 |
0.92 |
27.78% |
|
9 |
VITAFOAM |
4.4 |
5.59 |
27.05% |
|
10 |
BETAGLAS |
53.8 |
68.35 |
27.04% |
|
11 |
ABCTRANS |
0.45 |
0.56 |
24.44% |
|
12 |
LIVESTOCK |
0.5 |
0.62 |
24.00% |
|
13 |
UNIONDAC |
0.22 |
0.27 |
22.73% |
|
14 |
CORNERST |
0.45 |
0.55 |
22.22% |
|
15 |
CUTIX |
1.33 |
1.6 |
20.30% |
|
16 |
MORISON |
0.5 |
0.6 |
20.00% |
|
17 |
CONOIL |
18.5 |
21 |
13.51% |
|
18 |
MTNN |
105 |
117.5 |
11.90% |
|
19 |
SKYESHELT |
85.5 |
95 |
11.11% |
|
20 |
UHOMREIT |
40.7 |
45.2 |
11.06% |
|
21 |
BUACEMENT |
35 |
38.7 |
10.57% |
|
22 |
INTENEGINS |
0.38 |
0.42 |
10.53% |
|
23 |
AIRTELAFRI |
298.9 |
328.7 |
9.97% |
|
24 |
NPFMCRFBK |
1.15 |
1.25 |
8.70% |
|
25 |
MCNICHOLS |
0.46 |
0.5 |
8.70% |
|
26 |
UCAP |
2.4 |
2.55 |
6.25% |
|
27 |
ABBEYBDS |
1 |
1.05 |
5.00% |
|
28 |
JAPAULOIL |
0.2 |
0.21 |
5.00% |
|
29 |
MBENEFIT |
0.2 |
0.21 |
5.00% |
|
30 |
REGALINS |
0.2 |
0.21 |
5.00% |
|
31 |
FCMB |
1.85 |
1.93 |
4.32% |
|
32 |
LEARNAFRCA |
1.13 |
1.17 |
3.54% |
|
33 |
WAPIC |
0.34 |
0.35 |
2.94% |
|
34 |
AFRIPRUD |
4 |
4.11 |
2.75% |
Source: NSE, Proshare Research
Losers
in H1 2020
|
S/No |
Symbol |
31-Dec-19 |
30-Jun-20 |
YTD |
|
1 |
INTBREW |
9.5 |
4.1 |
-56.84% |
|
2 |
NCR |
4.5 |
2 |
-55.56% |
|
3 |
GUINNESS |
30.05 |
14.5 |
-51.75% |
|
4 |
OMATEK |
0.5 |
0.26 |
-48.00% |
|
5 |
ARBICO |
3.51 |
1.89 |
-46.15% |
|
6 |
OANDO |
3.99 |
2.3 |
-42.36% |
|
7 |
SEPLAT |
657.8 |
386 |
-41.32% |
|
8 |
AFROMEDIA |
0.34 |
0.2 |
-41.18% |
|
9 |
NB |
59 |
36.1 |
-38.81% |
|
10 |
ETERNA |
3.6 |
2.24 |
-37.78% |
|
11 |
STERLNBANK |
1.99 |
1.25 |
-37.19% |
|
12 |
CHAMS |
0.33 |
0.21 |
-36.36% |
|
13 |
CADBURY |
10.55 |
6.75 |
-36.02% |
|
14 |
FO(ARDOVA) |
18.1 |
11.8 |
-34.81% |
|
15 |
WAPCO |
15.3 |
10 |
-34.64% |
|
16 |
ACCESS |
10 |
6.55 |
-34.50% |
|
17 |
TRANSCORP |
0.99 |
0.65 |
-34.34% |
|
18 |
UNILEVER |
22 |
15.3 |
-30.45% |
|
19 |
SKYAVN |
4.19 |
2.93 |
-30.07% |
|
20 |
REDSTAREX |
4.45 |
3.15 |
-29.21% |
|
21 |
PZ |
5.65 |
4 |
-29.20% |
|
22 |
WEMABANK |
0.74 |
0.54 |
-27.03% |
|
23 |
STANBIC |
41 |
30.25 |
-26.22% |
|
24 |
CAVERTON |
2.67 |
1.98 |
-25.84% |
|
25 |
GUARANTY |
29.7 |
22.05 |
-25.76% |
|
26 |
DEAPCAP |
0.4 |
0.3 |
-25.00% |
|
27 |
UNITYBNK |
0.64 |
0.48 |
-25.00% |
|
28 |
ETI |
6.5 |
4.95 |
-23.85% |
|
29 |
ROYALEX |
0.3 |
0.23 |
-23.33% |
|
30 |
HMARKINS |
0.39 |
0.3 |
-23.08% |
|
31 |
CILEASING |
5.9 |
4.6 |
-22.03% |
|
32 |
TRIPPLEG |
0.64 |
0.5 |
-21.88% |
|
33 |
UPL |
1.28 |
1.01 |
-21.09% |
|
34 |
UPDCREIT |
4.7 |
3.8 |
-19.15% |
|
35 |
NASCON |
12.95 |
10.5 |
-18.92% |
|
36 |
TRANSCOHOT |
4.9 |
4 |
-18.37% |
|
37 |
BOCGAS |
5.5 |
4.51 |
-18.00% |
|
38 |
IKEJAHOTEL |
1.12 |
0.95 |
-15.18% |
|
39 |
FIDELITYBK |
2.05 |
1.74 |
-15.12% |
|
40 |
NEM |
2.42 |
2.06 |
-14.88% |
|
41 |
FBNH |
6.15 |
5.25 |
-14.63% |
|
42 |
NESTLE |
1469.9 |
1256.8 |
-14.50% |
|
43 |
CAP |
24 |
20.65 |
-13.96% |
|
44 |
ACADEMY |
0.37 |
0.32 |
-13.51% |
|
45 |
ZENITHBANK |
18.6 |
16.1 |
-13.44% |
|
46 |
COURTVILLE |
0.23 |
0.2 |
-13.04% |
|
47 |
TRANSEXPR |
0.92 |
0.8 |
-13.04% |
|
48 |
UBA |
7.15 |
6.25 |
-12.59% |
|
49 |
TOTAL |
110.9 |
97.5 |
-12.08% |
|
50 |
DANGSUGAR |
13.6 |
12 |
-11.76% |
|
51 |
MANSARD |
1.98 |
1.76 |
-11.11% |
|
52 |
DANGCEM |
142 |
127 |
-10.56% |
|
53 |
TOURIST |
3.5 |
3.15 |
-10.00% |
|
54 |
UNIONDICON |
12.15 |
10.95 |
-9.88% |
|
55 |
GLAXOSMITH |
6.1 |
5.5 |
-9.84% |
|
56 |
MRS |
15.3 |
13.8 |
-9.80% |
|
57 |
CHELLARAM |
2.78 |
2.51 |
-9.71% |
|
58 |
LINKASSURE |
0.53 |
0.48 |
-9.43% |
|
59 |
INTERLINK |
3.2 |
2.91 |
-9.06% |
|
60 |
GOLDBREW |
0.89 |
0.81 |
-8.99% |
|
61 |
JOHNHOLT |
0.56 |
0.51 |
-8.93% |
|
62 |
CUSTODIAN |
6 |
5.5 |
-8.33% |
|
63 |
DAARCOMM |
0.36 |
0.33 |
-8.33% |
|
64 |
JAIZBANK |
0.62 |
0.57 |
-8.06% |
|
65 |
THOMASWY |
0.38 |
0.35 |
-7.89% |
|
66 |
MEYER |
0.54 |
0.5 |
-7.41% |
|
67 |
PRESTIGE |
0.55 |
0.51 |
-7.27% |
|
68 |
UACN |
8.6 |
8 |
-6.98% |
|
69 |
RTBRISCOE |
0.21 |
0.2 |
-4.76% |
|
70 |
PRESCO |
47.5 |
45.25 |
-4.74% |
|
71 |
NAHCO |
2.4 |
2.29 |
-4.58% |
|
72 |
UBN |
6.15 |
5.9 |
-4.07% |
|
73 |
HONYFLOUR |
0.99 |
0.95 |
-4.04% |
|
74 |
FIDSON |
3.1 |
2.98 |
-3.87% |
|
75 |
FLOURMILL |
19.7 |
19 |
-3.55% |
|
76 |
AUSTINLAZ |
2.09 |
2.03 |
-2.87% |
|
77 |
CAPHOTEL |
2.75 |
2.7 |
-1.82% |
|
78 |
UAC-PROP |
1 |
0.99 |
-1.00% |
|
79 |
JBERGER |
19.9 |
19.85 |
-0.25% |
Source: NSE, Proshare Research
Global
Markets
The
Nasdaq represents the only market to have closed H1 2020 in green with +12.11% return while others markets closed in red.
The Austrian ATX and the Spanish Madrid General both recorded -29.50% and -24.85% loss
respectively to top the markets in red.
Global
Markets in H1 2020
|
S/N |
Markets |
Country |
31-Dec-19 |
30-Jun-20 |
YTD (%) |
|
1 |
Nasdaq |
USA |
8972.6 |
10058.77 |
12.11% |
|
2 |
SSE 180 Index (Shanghai) |
China |
8972.92 |
8819.18 |
-1.71% |
|
3 |
SSE Composite Index (Shanghai) |
China |
3084.69 |
3025.98 |
-1.90% |
|
4 |
KS11 |
South Korea |
2176.67 |
2106.7 |
-3.21% |
|
5 |
Taiwan |
12100.48 |
11703.42 |
-3.28% |
|
|
6 |
S&P500 |
USA |
3230.78 |
3100.29 |
-4.04% |
|
7 |
Swiss Market Index |
Switzerland |
10616.94 |
10056.03 |
-5.28% |
|
8 |
^KLSE |
Malaysia |
1595.83 |
1508.77 |
-5.46% |
|
9 |
DAX |
Germany |
13249.01 |
12391.72 |
-6.47% |
|
10 |
Nikkei 225 |
Japan |
23656.62 |
22121.73 |
-6.49% |
|
11 |
AEX General |
Netherlands |
604.58 |
560.38 |
-7.31% |
|
12 |
MerVal |
Argentina |
41671.41 |
38390.84 |
-7.87% |
|
13 |
All Share Index |
Nigeria |
26842.07 |
24479.16 |
-8.80% |
|
14 |
Russia |
3050.47 |
2767.95 |
-9.26% |
|
|
15 |
Dow Jones Ind. Avg. |
USA |
28538.44 |
25812.88 |
-9.55% |
|
16 |
Canada |
17098.56 |
15389.72 |
-9.99% |
|
|
17 |
All Ordinaries |
Australia |
6810 |
6041 |
-11.29% |
|
18 |
IPC |
Mexico |
43541.02 |
37716.43 |
-13.38% |
|
19 |
Hang Seng |
Hong Kong |
28499.5 |
24427.19 |
-14.29% |
|
20 |
India |
12182.5 |
10302.1 |
-15.44% |
|
|
21 |
BEL-20 |
Belgium |
3955.83 |
3344.4 |
-15.46% |
|
22 |
All Share |
Sri Lanka |
6129.21 |
5149.57 |
-15.98% |
|
23 |
IPSA |
Chile |
3335.86 |
2784.46 |
-16.53% |
|
24 |
MIBTel |
Italy |
23506.37 |
19447.02 |
-17.27% |
|
25 |
CAC 40 |
France |
5978.06 |
4923.82 |
-17.64% |
|
26 |
Bovespa |
Brazil |
115645.34 |
95055.82 |
-17.80% |
|
27 |
FTSE 100 |
UK |
7542.44 |
6163.8 |
-18.28% |
|
28 |
Italy |
25890.37 |
21139.31 |
-18.35% |
|
|
29 |
Straits Times(STI) |
Singapore |
3238.07 |
2607.42 |
-19.48% |
|
30 |
PSEi |
Phillipines |
7815.26 |
6207.7 |
-20.57% |
|
31 |
^JKSE |
Jakarta |
6271.11 |
4892.16 |
-21.99% |
|
32 |
Madrid General(IGBM) |
Spain |
950.94 |
714.6 |
-24.85% |
|
33 |
ATX |
Austria |
3186.94 |
2246.72 |
-29.50% |
Source: NSE, Proshare Research
African
Markets
Within
the African Markets, the Zimbabwe ASI recorded +670.45%
return in H1 2020 to top the chart and closely followed by +171.53% return by the Egypt EGX 70 while the
Mauritius SEM7 Index dipped by -26-99% to top
the markets with negative returns in H1 2020.
African
Markets in H1 2020
|
S/N |
Country |
Markets |
31-Dec-19 |
30-Jun-20 |
YTD (%) |
|
1 |
Zimbabwe |
All-Share Index |
232.17 |
1788.75 |
670.45% |
|
2 |
Egypt |
EGX 70 |
534.47 |
1451.26 |
171.53% |
|
3 |
Egypt |
EGX 100 |
1398.1 |
2245.56 |
60.62% |
|
4 |
Rwanda Stock Exchange |
RSE ASI |
123.4 |
150.19 |
21.71% |
|
5 |
Botswana |
FCI |
1562.43 |
1551.16 |
-0.72% |
|
6 |
Botswana |
FRSI |
777.91 |
771.99 |
-0.76% |
|
7 |
Botswana |
LASI |
843.79 |
837.17 |
-0.78% |
|
8 |
Malawi |
Malawi All
Share Index |
30252.2 |
29784.7 |
-1.55% |
|
9 |
Botswana |
DRSI |
1054.79 |
1028.28 |
-2.51% |
|
10 |
Botswana |
DCI |
7494.55 |
7176.6 |
-4.24% |
|
11 |
South Africa |
JSE All Share Index |
57084.1 |
54484.09 |
-4.55% |
|
12 |
Tunisia |
Tunisia BVMT Index |
7131.71 |
6627.87 |
-7.06% |
|
13 |
Lusaka |
All-Share Index |
4264.51 |
3919.57 |
-8.09% |
|
14 |
Nigeria |
NSE ASI |
26842.07 |
24479.16 |
-8.80% |
|
15 |
Tanzania |
Dar es salaam Stock Exchange All
Share Index |
2059.21 |
1830.13 |
-11.12% |
|
16 |
BRVM |
BRVM-C |
159.24 |
135.86 |
-14.68% |
|
17 |
BRVM |
BRVM-10 |
149.11 |
126.12 |
-15.42% |
|
18 |
Casablanca |
Casablanca |
12171.9 |
10169.19 |
-16.45% |
|
19 |
Ghana |
GSE Composite Index |
2254.61 |
1866.9 |
-17.20% |
|
20 |
Kenya |
All-Share Index |
166.41 |
137.68 |
-17.26% |
|
21 |
Namibian |
NSX Namibia |
1306.3 |
1054.97 |
-19.24% |
|
22 |
Egypt |
EGX 30 |
13961.56 |
10764.59 |
-22.90% |
|
23 |
Mauritius |
SEMTRI |
8309.75 |
6390.7 |
-23.09% |
|
24 |
Egypt |
EGX20 Caped |
16350.32 |
12570.72 |
-23.12% |
|
25 |
Mauritius |
SEMDEX |
2177.09 |
1662.61 |
-23.63% |
|
26 |
Uganda |
All-Share Index |
1800.72 |
1369.84 |
-23.93% |
|
27 |
Mauritius |
SEM7 |
429.86 |
313.84 |
-26.99% |
Source: NSE, Proshare Research
In this edition of The Nigerian Capital Market Service Report, we continue the updates of our data section with latest figures on Economic indicators & Upcoming Events in the market and economy. This is to ensure that we deliver a comprehensive capital market service report that helps cover and track innovations, developments as well as service issues in the market effectively.
In all, the June 2020 SSS Quality Report is
a snapshot and aide memoire of developments in our market - tracking milestones
that the investing public should be aware of. Do feel free to share your
opinions/observations and feedback with us vide research@proshareng.com
Thank you.
For: Analyst Editorial Board
Reshu BAGGA
CEO, The Analyst
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