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The Nigerian Capital Market Comes of Age with the Emergence of Its First Central Counterparty (CCP)

On Thursday, December 9, 2021, The Nigerian Capital Market witnessed a monumental milestone as NG Clearing Limited, the first Central Counterparty in West Africa, formally launched her operations.

The launch of NG Clearing as a CCP means that exchange-traded derivatives are now a possibility in the Nigerian Capital market. As a Financial Market Infrastructure (FMI), NG Clearing facilitates the clearing and settlement of exchange-traded derivatives, management of counterparty risk, reduction of systemic risk, and promotion of the safety and integrity of Nigeria’s capital market. This opens new and clear opportunities for investors, stakeholders, and other players in Nigeria’s capital market. Read more

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NGX to Further Drive Investor Education with Retail Investor Workshop

Nigerian Exchange Limited (“NGX” or “The Exchange”) is set to host its 4th Retail Investor Workshop this year on Tuesday, 16 November 2021. The webinar with the theme, Creating an Investment Portfolio That Works in a Post-Covid Era is in line with The Exchange’s aim to drive the development and promotion of retail participation in the capital market. Read more

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MARKET REPORT – NOVEMBER 4, 2021

TOP 10 TRADES – NOVEMBER 4 2021

Security Code Close_Price Daily Volume Daily Value
FBNH                 10.70           18,905,341                   201,729,004.00
LASACO                   1.05           10,607,484                     10,620,227.54
TRANSCORP                   1.01           10,494,006                     10,587,195.08
JAPAULGOLD                   0.38             8,695,366                        3,375,839.56
NGXGROUP                 19.00             7,585,147                   144,801,389.95
UBA                   8.20             6,691,346                     55,001,992.65
JAIZBANK                   0.62             6,419,348                        3,973,094.35
ZENITHBANK                 24.50             5,253,061                   129,138,100.60
FIDSON                   6.54             4,664,253                     28,048,092.89
ACCESS                   9.25             4,190,060                     38,832,652.65

TOP 10 GAINERS – NOVEMBER 4 2021

Security CodeClose_PriceChange_PriceChange_%
SCOA1.040.099.47
LINKASSURE0.570.047.55
OKOMUOIL142.007.005.19
AIICO1.280.064.92
HONYFLOUR3.640.164.60
MANSARD2.300.062.68
ETI8.300.151.84
TRANSCORP1.010.011.00
FBNH10.700.100.94
FCMB3.050.010.33

TOP 10 LOSERS – NOVEMBER 4 2021

Security CodeClose_PriceChange_PriceChange_%
PZ6.00-0.35-5.51
CORNERST0.56-0.03-5.08
CHAMPION2.66-0.14-5.00
JAPAULGOLD0.38-0.02-5.00
OANDO4.75-0.23-4.62
NAHCO3.40-0.15-4.23
STERLNBANK1.50-0.06-3.85
WEMABANK0.80-0.02-2.44
NGXGROUP19.00-0.40-2.06
WAPIC0.50-0.01-1.96