Bear rules as Equity Market recedes, Post 0.87% loss
The Equity Market closed lower today, shedding 0.87% to reverse yesterday’s positive sentiment. Market breadth closed negative, recording 11 gainers and 22 losers.
NSE Trading Floor
In summary, the All Share Index (ASI) was down by 284.83 absolute points, representing a decrease of 0.87%, closing at 32,437.35 points. Similarly, the Market Capitalization decreased by N103.98 billion, representing a dip of 0.87%, closing at N11.84 trillion.
SUNUASSUR emerged the top gainer while PHARMDEKO emerged the top loser.
The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; FIDELITYBK (-4.74%), DANGCEM (-2.44%), FBNH (-1.62%), UBA (-1.22%), ZENITHBANK (-1.10), SEPLAT (-0.81%), ACCESS (-0.62%), NB (-0.56%) and FO (-0.45%).
|CAP||N11,842,136,063,705.65||One Day (ASI CHG)||-0.87|
|Index||32,437.35||One Week (ASI CHG)||+0.17|
|Volume||240,764,583||One Month (ASI CHG)||+0.73|
|Value||N3,659,040,878.75||Six Months (ASI CHG)||-20.47|
|Deals||2,974||52 Weeks (ASI CHG)||-11.47|
The Naira at the inter-bank rate closed unchanged at N306.50, against yesterday’s closing price.
The Investors and Exporters (I&E) FX window opened at N364.17, traded high at N365.50 and eventually closed at N363.96, representing a 0.10% appreciation against yesterday’s closing price. A total of $198.71 million was transacted through the I&E window today.
Overnight (O/N) rate closed at 24.79%, representing a 1.71% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 22.67% representing a 1.48% depreciation against yesterday’s closing position.
|Note: BPS=> Basis Point|
Top 7 Gainers Number of Gainers (11)
Top 7 Losers Number of Losers (22)
Top 7 Traders By Volume
Top 7 Traders By Value