Banking and Consumer Goods Stocks Extend NGX-ASI Negative Sentiment, Sheds 0.06%

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Transactions on the Nigerian bourse today (Wednesday) ended on a red note, extending the losing streaks to eight consecutive sessions. Consequently, the NGX-ASI and market capitalization plunged by 0.06%, due to investors’ sell-pressure in the banking sector (-0.44%) and consumer goods sector (-0.08%). However, the market breadth closed positively recording 20 gainers against 14 losers. 

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 23.08 absolute points, representing a dip of 0.06% to close at 38,233.68 points. Similarly, the overall Market Capitalization value shed N12.03 billion, representing a decline of 0.06% to close at N19.93trillion.

JOHNHOLT emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of 9.68%, while FTNCOCOA emerged as the top loser (by percentage points) with a maximum price depreciation of -7.32%.

Today’s market downturn was driven by price depreciation in large and medium capitalized stocks amongst which are; NPFMCRF(-7.32%), FLOURMILL(-5.25%), JAPAULGOLD(-1.75%), WEMABANK(-1.72%), TRANSCORP(-1.18%), ZENITHBANK(-1.08%), FIDELITYBANK(-0.87%), FBNH(-0.70%), UBA(-0.70%), GUARANTY(-0.70%), STERLINGBANK(-0.59%), NEIMETH(-0.55%), and DANGSUGAR(-0.29%).

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MARKET STATISTICS

CAP N19,928,301,176,932.02 One Day (ASI CHG) -0.06%
Index 38,233.68 One Week (ASI CHG) -0.55%
Volume 203,088,314.00 One Month (ASI CHG) -2.72%
Value N1,815,763,474.05 Six Months (ASI CHG) +9.96%
Deals 3,594.00 52 Weeks (ASI CHG) +51.69%
Gainers 20 Losers 14
Unchanged 63 Total 97
YTD Returns -5.06%

Source: Ngxgroup.com, GTI Research 

 

 

FMDQ ABOUT

FOREIGN EXCHANGE

The Investors and Exporters (I&E) FX window opened at N411.00 traded high at N420.25, low at N387.67, and eventually closed at N411.25,  representing a 0.18% depreciation against Friday’s closing position. Also, a total of $211.86 million was transacted through the I&E window today.

MONEY MARKET

The overnight (O/N) rate closed at 15.25%, representing a 1.75% appreciation as against Friday’s position. while Open Buy-Back (OBB) rate closed at 15.00%, representing a 1.50% appreciation as against Friday’s position.

Sector Performance

Security Change Percent
NSE30 -0.13
NSEBNK -0.44
NSECNSMRGDS -0.08
NSEINDUSTR                –
NSEINS 1.17
NSELOTUSISLM 0.03
NSEOILGAS                –

 

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
JOHNHOLT 0.62 0.62 0.68 0.06           9.68
VITAFOAM 9.25 9.25 10.1 0.85           9.19
LASACO 1.43 1.43 1.56 0.13           9.09
CILEASING 4.46 4.46 4.84 0.38           8.52
LEARNAFRCA 1.02 1.02 1.1 0.08           7.84
REGALINS 0.39 0.39 0.42 0.03           7.69
SOVRENINS 0.28 0.28 0.3 0.02           7.14

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
FTNCOCOA 0.41 0.41 0.38 -0.03 –        7.32
NPFMCRFBK 1.78 1.78 1.68 -0.1 –        5.62
FLOURMILL 29.5 29.5 27.95 -1.55 –        5.25
JAPAULGOLD 0.57 0.57 0.56 -0.01 –        1.75
WEMABANK 0.58 0.58 0.57 -0.01 –        1.72
TRANSCORP 0.85 0.85 0.84 -0.01 –        1.18
ZENITHBANK 23.05 23.05 22.8 -0.25 –        1.08

Top 7 Traders By Volume

Security Close Price  Daily Volume   Daily Value 
FIDELITYBK 2.27          24,414,821.00       54,263,892.62
ZENITHBANK 22.8          22,099,056.00     508,002,459.70
MBENEFIT 0.41          16,934,990.00         6,918,565.80
SOVRENINS 0.3          16,862,300.00         4,631,356.11
TRANSCORP 0.84          13,831,953.00       11,646,865.50
GUARANTY 28.45          12,888,001.00     368,204,631.80
UACN 11.25          11,941,451.00     131,402,637.30

Top 7 Traders By Value

Security Close Price  Daily Volume   Daily Value 
ZENITHBANK 22.8          22,099,056.00     508,002,459.70
GUARANTY 28.45          12,888,001.00     368,204,631.80
UACN 11.25          11,941,451.00     131,402,637.30
FBNH 7.1          10,265,402.00       72,878,564.80
DANGCEM 210                314,829.00       64,825,222.60
SEPLAT 682                  86,691.00       59,346,215.90
NB 58                974,546.00       56,509,657.30

 

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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