9 stocks drag equity market lower

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 The Nigerian Stock Exchange (NSE) closed lower, halting yesterday’s positive sentiment, following price decline on MTN, Nestle, GUARANTY and 6 others. Contrarily, the market breadth closed positive, recording 17 gainers and 9 losers.

NSE Trading Floor

In summary, the All Share Index (ASI) decreased by 25.71 absolute points, representing a decline of 0.10% to close at 26,375.35 points. Similarly, the Market Capitalization lost N12.51 billion representing a dip of 0.10%, to close at N12.84 trillion.

LAWUNION emerged the top gainer,  while  UAC-PROP emerged as top loser.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; UAC-PROP (-9.35%), HONEYFLOUR (-5.77%), NESTLE (-4.16%), MTNN (-1.23%), TRANSCORP (-1.00%) and GUARANTY (-0.19%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

CAP N12,839,408,341,418.61 One Day (ASI CHG) -0.10%
Index 26,375.35 One Week (ASI CHG) +0.50%
Volume 304,279,459 One Month (ASI CHG) -2.27%
Value N3,993,693,638.21 Six Months (ASI CHG) -9.71%
Deals 3,091 52 Weeks (ASI CHG) -17.70%
Gainers 17 Losers 9
Unchanged 68 Total 94
  YTD Returns -16.08%  

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official rate remain flat to close at N306.95/$1 as against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N362.47, traded high at N363.75 and eventually closed at N362.90, representing 0.10% depreciation against yesterday’s position. A total of $24.99 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 4.14%, representing a 0.29% appreciation against  yesterday’s position, while Open Buy-Back (OBB) rate closed at 3.57%, representing a 0.43% appreciation against yesterday’s position.

FIXED INCOME
Securities P. Close Close Change
Bond 967.24 954.62 – 12.62 bps
T.Bills 542.58 545.57 + 2.99 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD OTC market closed positive to halt the last three trading sessions of unchanged sentiment, as the Unlisted Securities Index (USI) grew by 0.55% close at 703.11 points. Similarly, the Market Capitalization gained N2.77 billion close at N505.14 billion as against yesterday’s position. The aggregate volume and value grew by 83,550%, and 11,793.03% respectively, as investors traded a total of 836,500 units of shares valued at N16.73 million in 8 deals.

NASD Daily Price List

 

Sector Performance

Sector %    Change
NSE30 0.19
BANKING 1.27
CONSUMER GOODS -2.17
INDUSTRIAL 0.00
INSURANCE 0.33
LOTUS ISLAMIC -1.09
OIL/GAS 0.00

Top 7 Gainers

Company Pclose Open Close Change % Change
LAWUNION 0.42 0.42 0.46 0.04 9.52
UNITYBNK 0.53 0.53 0.58 0.05 9.43
CHIPLC 0.38 0.38 0.41 0.03 7.89
ETI 6.50 6.50 7.00 0.50 7.69
FCMB 1.60 1.60 1.71 0.11 6.88
JAIZBANK 0.50 0.50 0.53 0.03 6.00
STANBIC 37.00 37.00 39.00 2.00 5.41

Top 7 Losers

Company Pclose Open Close Change % Change
UAC-PROP 1.07 1.07 0.97 -0.10 -9.35
HONYFLOUR 1.04 1.04 0.98 -0.06 -5.77
NESTLE 1199.90 1199.90 1150.00 -49.90 -4.16
AIICO 0.70 0.70 0.68 -0.02 -2.86
GUINNESS 23.85 23.85 23.30 -0.55 -2.31
MAYBAKER 2.00 2.00 1.96 -0.04 -2.00
MTNN 125.55 125.55 124.00 -1.55 -1.23

 Top 7 Traders By Volume 

Company Volume Value(₦) Current Price
LAWUNION                             70,397,734                         29,571,098 0.46
UBA                             51,830,406                       335,444,406 6.45
ZENITHBANK                             50,428,941                       877,045,595 17.35
GUARANTY                             26,018,921                       678,026,322 26.05
GUINNESS                             18,823,653                       438,575,669 23.30
ACCESS                             18,323,763                       151,177,077 8.30
WAPCO                             12,671,062                       177,380,657 14.00

  Top 7 Traders By Value 

Company Volume Value(₦) Current Price
MTNN                               7,144,036                  886,478,341.55 124.00
ZENITHBANK                             50,428,941                  877,045,595.25 17.35
GUARANTY                             26,018,921                  678,026,322.10 26.05
GUINNESS                             18,823,653                  438,575,669.40 23.30
UBA                             51,830,406                  335,444,405.80 6.45
NESTLE                                  160,160                  183,794,002.30 1150.00
WAPCO                             12,671,062                  177,380,656.55 14.00

 

 

 

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