Bear Claws on Local Bourse, as NSE-ASI Sustain Negative Sentiment

119 Views

Activities on the Nigerian equity market today (Wednesday), extends further negative reaction, as NSE-ASI contracted by 0.10% to sustain the negative sentiment to three consecutive trading day. The downtrend was supported by value depreciation on some bellwether stocks like, ETI, FLOURMILL, and VITAFOAM. As a result, the market breadth closed negatively, recording 18 gainers as against  27 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 43.78 absolute points, representing a decline of 0.10% to close at 42,000.01 points. Also, the overall Market Capitalization value lost N22.91 billion, representing a shrink of 0.10% to close at N21.97trillion.

NCR, emerged as top gainer (by percentage points) for today, with the maximum price appreciation of +9.94%, while LINKASSURE topped the losers’ chart  with a price depreciation of -9.88%.

Today’s market loss was driven by price depreciation in large and medium capitalized stocks amongst which are; CHAMPION(-9.84%), JAPAULGOLD(-6.82%), ETI(-4.84%), OANDO(-4.76%), UACN(-3.43%), FLOURMILLS(-3.03%), AIICO(-2.34%), GUARANTY(-2.07%), WAPCO(-1.61%), VITAFOAM(-1.55%), FCMB(-1.19%),  MANSARD(-0.72%), DANGSUGAR(-0.24%), and INTBREW(-0.16%).

Click here for more on NSE Daily Price List

MARKET STATISTICS

CAP N21,970,672,771,670.54 One Day (ASI CHG) -0.10%
Index 42,000.01 One Week (ASI CHG) +1.00%
Volume 504,837,137 One Month (ASI CHG) +4.29%
Value N5,310,198,623.61 Six Months (ASI CHG) +69.59%
Deals 5,887 52 Weeks (ASI CHG) +47.20%
Gainers 18 Losers 27
Unchanged 64 Total 109
YTD Returns +4.29%

Source: NSE, GTI Research

 

Sector Performance

Security Change Percent
NSE30 -0.08
NSEBNK -0.14
NSECNSMRGDS -0.22
NSEINDUSTR -0.12
NSEINS -2.09
NSELOTUSISLM 0.06
NSEOILGAS -0.05

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
LINKASSURE 0.81 0.81 0.73 -0.08 -9.88
CHAMPION 3.76 4.13 3.39 -0.37 -9.84
REGALINS 0.32 0.32 0.29 -0.03 -9.38
AFRINSURE 0.22 0.22 0.20 -0.02 -9.09
WAPIC 0.59 0.59 0.54 -0.05 -8.47
NIGERINS 0.25 0.25 0.23 -0.02 -8.00
LIVESTOCK 2.55 2.55 2.35 -0.20 -7.84

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
NCR 3.12 3.12 3.43 0.31 9.94
CHIPLC 0.42 0.42 0.46 0.04 9.52
PRESTIGE 0.44 0.44 0.48 0.04 9.09
ETERNA 5.20 5.20 5.60 0.40 7.69
JAIZBANK 0.70 0.70 0.75 0.05 7.14
CAVERTON 1.93 1.93 2.05 0.12 6.22
MULTIVERSE 0.20 0.20 0.21 0.01 5.00

Top 7 Traders By Volume

Security  Daily Volume   Daily Value  Close Price
UBN    75,550,014.00        434,420,724.15 5.75
GUARANTY    60,667,157.00    2,010,439,413.60 33.05
FCMB    50,404,374.00        173,546,396.18 3.32
TRANSCORP    44,350,533.00          45,914,240.13 1.04
ZENITHBANK    31,504,267.00        831,983,780.00 26.95
JAPAULGOLD    31,171,796.00          25,882,929.53 0.82
UBA    23,476,258.00        206,492,257.95 8.85

Top 7 Traders By Value

Security  Daily Volume   Daily Value  Close Price
GUARANTY    60,667,157.00    2,010,439,413.60 33.05
ZENITHBANK    31,504,267.00        831,983,780.00 26.95
UBN    75,550,014.00        434,420,724.15 5.75
WAPCO      8,993,267.00        246,444,117.20 27.55
DANGCEM          916,511.00        210,891,267.00 236.00
UBA    23,476,258.00        206,492,257.95 8.85
FCMB    50,404,374.00        173,546,396.18 3.32

You may also like...