RESEARCH REPORT FOR THE WEEK ENDED MAY 10, 2019
The NSE All-Share Index and Market Capitalization depreciated by 1.25% to close the week at 28,847.81 and
N10.842 trillion respectively. Similarly, all other indices finished lower with the Oil and Gas index being the biggest
decliner as it shed 5.29% due to sell offs on bellwethers such as Seplat Petroleum, Mobil and Oando Plc.
A total turnover of 1.477 billion shares worth N10.876 billion in 20,740 deals were traded this week by investors on
the floor of the Exchange in contrast to a total of 1.470 billion shares valued at N15.498 billion that exchanged
hands last week in 18,092 deals. The most traded stocks by volume are Access Bank Nigeria Plc, Courtville
Business Solutions Plc and United Bank for Africa Plc.

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