9 stocks drag equity market lower
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%).
|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%|
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.
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.
|Bond||967.24||954.62||– 12.62 bps|
|T.Bills||542.58||545.57||+ 2.99 bps|
|Note: BPS=> Basis Points|
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.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value