Access, NB and 7 others drag local bourse lower, shed 0.16%

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The Nigerian equity market today (Thursday) slipped, shedding 0.16%, reversing yesterday’s positive sentiment, following bargain hunting on bellwether stocks like ACCESS, NB and 7 others. However, the market breadth closed on a negative note, recording 10 losers as against 9 gains.

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 39.41 absolute points, representing a dip of 0.16% to close at 24,933.41 points. Similarly, the overall Market Capitalization size shed N20.56 million, representing a decrease of 0.16% to close at N13.01 trillion.

CILEASING emerged as the top gainers while FIDSON emerged as the top loser.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; FIDSON (-9.71%), NB (-9.52%) and ACCESS (-0.73%), .

 

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

CAP N13,006,772,961,102.72 One Day (ASI CHG) -0.16%
Index 24,933.41 One Week (ASI CHG) -0.99%
Volume 171,208,471.00 One Month (ASI CHG) +4.14%
Value N2,210,693,302.89 Six Months (ASI CHG) -6.50%
Deals 3,315.00 52 Weeks (ASI CHG) -16.38%
Gainers 9 Losers 10
Unchanged 72 Total 91
YTD -7.11%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window on Thursday closed unchanged at 361.00/$1, against previous day’s position.

The Investors and Exporters (I&E) FX window opened at N386.63, traded high at N389.75 and eventually closed at N385.70, representing a 0.08% appreciation against yesterday’s closing position. A total of $66.61 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 3.70%, representing a 5.22% depreciation against previous day’s closing position, while Open Buy-Back (OBB) rate closed at 2.80%, representing a 5.37% depreciation against previous day’s position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 469.27 446.73 -22.54 bps
T.Bills 207.94 206.53 -1.41 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

 The NASD OTC market on Thursday closed positively, reversing yesterday’s negative sentiment as the Unlisted Securities Index (USI) was up by 0.70% closed at 704.76. Similarly, Market Capitalization gained N3.57 billion to close at N517.69 billion, representing a 0.70% appreciation against yesterday’s closing position. However, the aggregate volume and value decreased by 7.66% and 9.24% respectively, as investors traded a total of 50,786 shares, worth N5.50 million in 9 deal.

Click here for more on NASD Daily Price List

 

Sector Performance

Sector % Change
NSE30 -0.17
BANKING -0.05
CONSUMER GOODS -1.83
INDUSTRIAL 0.00
INSURANCE 1.21
LOTUS ISLAMIC 0.08
OIL/GAS 0.43

 

Top 7 Gainers

Company Pclose Open Close Change % Change
CILEASING 4.20 4.20 4.60 0.40 9.52
AIICO 0.89 0.89 0.97 0.08 8.99
MBENEFIT 0.21 0.21 0.22 0.01 4.76
OANDO 2.45 2.45 2.55 0.10 4.08
MAYBAKER 2.96 2.96 3.00 0.04 1.35
FBNH 5.05 5.05 5.10 0.05 0.99
GUARANTY 23.00 23.00 23.10 0.10 0.43

 

Top 7 Losers

Company Pclose Open Close Change % Change
FIDSON 3.40 3.40 3.07 -0.33 -9.71
NB 42.00 42.00 38.00 -4.00 -9.52
NEIMETH 1.89 1.89 1.71 -0.18 -9.52
JAIZBANK 0.67 0.67 0.61 -0.06 -8.96
NPFMCRFBK 1.51 1.51 1.40 -0.11 -7.28
UNITYBNK 0.55 0.55 0.52 -0.03 -5.45
CAVERTON 2.20 2.20 2.15 -0.05 -2.27

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FCMB                            32,360,523                        55,664,929 1.73
GUARANTY                            29,396,809                      707,906,610 23.10
FBNH                            10,730,959                        54,444,341 5.10
UBA                              9,859,196                        63,005,799 6.40
ACCESS                              9,173,931                        62,420,270 6.80
REGALINS                              9,000,000                          1,980,000 0.22
ZENITHBANK                              8,414,558                      135,884,303 16.15


Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                            29,396,809                 707,906,610.05 23.10
MTNN                              5,328,653                 613,007,830.00 115.50
NB                              4,601,795                 174,918,864.95 38.00
ZENITHBANK                              8,414,558                 135,884,303.10 16.15
DANGCEM                                 829,594                 107,961,179.10 139.00
NESTLE                                   65,574                   73,732,863.10 1094.50
UBA                              9,859,196                   63,005,799.45 6.40

GTI

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