ASI tumbles as sell off persists, Post 0.11%

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The Equity Market closed lower today, shedding 0.11% to sustain yesterday’s negative sentiment. Market breadth closed positive, recording 21 gainers and 18 losers.

 

                       NSE Trading Floor

 

In summary, the All Share Index (ASI) was down by 35.12 absolute points, representing a decrease of 0.11%, closing at 32,382.58 points. Similarly, the Market Capitalization decreased by N12.82 billion, representing a dip of 0.08%, closing at N11.82 trillion.

CAP emerged the top gainer while MCNICHOLS emerged the top loser.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; JAPAULOIL (-4.17%), NB (-2.84%), FBNH (-2.65%), HONYFLOUR (-2.07%), GUARANTY (-0.27), and MOBIL (-0.11%).

 

MARKET STATISTICS

CAP N11,822,143,579,593.98 One Day (ASI CHG) -0.11
Index 32,382.58 One Week (ASI CHG) -0.22
Volume 134,568,772 One Month (ASI CHG) -3.66
Value N1,935,750,159.09 Six Months (ASI CHG) -20.04
Deals 2,760 52 Weeks (ASI CHG) -11.65
Gainers 21 Losers 18
Unchanged 69 Total 108
YTD Returns -15.32

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed unchanged at N306.45, against yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.71, traded high at N365.00 and eventually closed at N364.27, unchanged against yesterday’s closing price. A total of $106.40 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 10.17%, representing a 0.17% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate  closed  at 9.67% representing a 0.50% appreciation against yesterday’s closing position.

 

Fixed Income
Securities P. Close Close Change
Bond 802.78 803.24 +1 bps
T.Bills 370.65 369.46 -1 bps
Note: BPS=> Basis Point

 

Sector Performance

Sector %    Change
NSE30 -0.13
BANKING 0.03
CONSUMER GOODS -0.09
INDUSTRIAL 0.29
INSURANCE 0.80
LOTUS ISLAMIC 0.53
OIL/GAS -0.02

 

Top 7 Gainers                                                          Number of Gainers (21)

Company Pclose Open Close Change % Change
CAP 30.00 30.00 33.00 3.00 10.00
MBENEFIT 0.26 0.26 0.28 0.02 7.69
CONTINSURE 1.39 1.39 1.49 0.10 7.19
HMARKINS 0.28 0.28 0.30 0.02 7.14
UNIONDAC 0.28 0.28 0.30 0.02 7.14
REDSTAREX 4.30 4.30 4.60 0.30 6.98
UPL 2.06 2.06 2.18 0.12 5.83

 

Top 7 Losers                                                             Number of Losers (18)

Company Pclose Open Close Change % Change
MCNICHOLS 0.72 0.72 0.65 -0.07 -9.72
TRANSCOHOT 6.75 6.75 6.10 -0.65 -9.63
LAWUNION 0.57 0.57 0.52 -0.05 -8.77
FIRSTALUM 0.38 0.38 0.35 -0.03 -7.89
PRESTIGE 0.52 0.52 0.48 -0.04 -7.69
CHAMS 0.28 0.28 0.26 -0.02 -7.14
UACN 11.50 11.50 11.00 -0.50 -4.35

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FCMB                        18,258,088.00                    31,065,094.56 1.70
FIDELITYBK                        17,220,914.00                    32,163,812.30 1.90
FBNH                        15,832,069.00                  145,681,186.40 9.20
CHAMS                        12,408,169.00                      3,226,123.94 0.26
GUARANTY                        12,058,226.00                  444,650,893.40 36.90
ZENITHBANK                          6,918,716.00                  152,277,749.60 22.00
TRANSCORP                          5,918,703.00                      7,482,363.63 1.26

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
DANGCEM                          2,500,841.00                  500,203,264.10 200.00
GUARANTY                        12,058,226.00                  444,650,893.40 36.90
NESTLE                             141,860.00                  203,474,832.10 1420.30
ZENITHBANK                          6,918,716.00                  152,277,749.60 22.00
FBNH                        15,832,069.00                  145,681,186.40 9.20
FLOURMILL                          5,075,803.00                  101,538,517.20 20.40
NB                          1,065,759.00                    93,413,969.40 85.50

 

 

 

 

 

 

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