Bears return as equity market sheds 0.14%

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The Nigerian equity market shed 0.14% to resume the new week on a low. The decline was driven by fall in prices in some medium and large capitalized stocks in the Banking, Industrial and Insurance sectors of the market. The market breadth closed positive, with 24 gainers as against 19 losers.

NSE Trading Floor

The All Share Index (ASI) decreased by 42.09 absolute points, representing a decline of 0.14% to close at 29,809.20 points. Similarly, the Market Capitalization lost N18.55 billion, representing a dip of 0.14% to close at N13.14 trillion.

CHAMPION emerged the top gainer while CCNN & NEM emerged as top losers.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; CCNN (-10.00%), DANGSUGAR (-7.66%), WEMABANK (-4.48%), ACCESS (-4.35%), FCMB (-3.01%), NB (-2.50%), ETERNA (-1.37%), FBNH (-0.71%), and GUARANTY (-0.48%)

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

CAP N13,136,061,138,839.96 One Day (ASI CHG) -0.14%
Index 29,809.20 One Week (ASI CHG) -0.42%
Volume 573,674,369 One Month (ASI CHG) -3.47%
Value N10,213,117,378.73 Six Months (ASI CHG) -6.75%
Deals 4,076 52 Weeks (ASI CHG) -21.27%
Gainers 24 Losers 19
Unchanged 77 Total 120
  YTD Returns -5.16%  

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira exchange rate after today’s transaction, closed at N306.90/$1 representing a 0.02% appreciation against last Friday’s position.

The Investors and Exporters (I&E) FX window opened at N360.25, traded high at N361.65 and eventually closed at N360.38 representing a 0.03% appreciation as against last Friday’s closing position. A total of $291.93 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 10.43%, representing 1.21% appreciation as against last Friday’s closing position, while Open Buy-Back (OBB) rate closed at 9.86%, representing a 1.14% appreciation against last Friday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 961.43 963.81 +2.38 bps
T.Bills 535.56 530.19 -5.37 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market closed positive at the end of today’s trading session, as the Unlisted Securities Index (USI) grew by 0.24% to close at 726.28 points against last Friday’s index. Also, the Market Capitalization gained N1.27billion, to close at N520.52 billion. However, Market activities measured by aggregate volume  increased by 6.73% while value traded decreased by 55.95%. Investors traded a total of 207,286 units of shares valued at N13.78 million in 17 deals.

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Sector Performance         

Sector %    Change
NSE30 0.03
BANKING -1.42
CONSUMER GOODS 1.13
INDUSTRIAL -1.24
INSURANCE -1.06
LOTUS ISLAMIC 0.23
OIL/GAS 0.39

  Top 7 Gainers    

Company Pclose Open Close Change % Change
CHAMPION 1.42 1.42 1.56 0.14 9.86
GLAXOSMITH 9.35 9.35 10.25 0.90 9.63
PRESTIGE 0.54 0.54 0.59 0.05 9.26
LASACO 0.29 0.29 0.31 0.02 6.90
MBENEFIT 0.20 0.20 0.21 0.01 5.00
THOMASWY 0.40 0.40 0.42 0.02 5.00
WAPIC 0.41 0.41 0.43 0.02 4.88

Top 7 Losers           

Company Pclose Open Close Change % Change
NEM 2.80 2.80 2.52 -0.28 -10.00
CCNN 13.50 13.50 12.15 -1.35 -10.00
ETI 11.35 11.35 10.25 -1.10 -9.69
NPFMCRFBK 1.30 1.30 1.20 -0.10 -7.69
DANGSUGAR 12.40 12.40 11.45 -0.95 -7.66
SOVRENINS 0.22 0.22 0.21 -0.01 -4.55
WEMABANK 0.67 0.67 0.64 -0.03 -4.48

 Top 7 Traders By Volume    

Company Volume Value(₦) Current Price
ZENITHBANK                           355,214,203                    7,104,435,646 20.00
ACCESS                             35,729,194                       240,832,833 6.60
WAPCO                             32,501,076                       388,933,049 12.00
GUARANTY                             25,810,657                       802,096,854 31.10
LASACO                             14,972,610                           4,626,997 0.31
UNILEVER                             12,207,469                       390,597,375 32.00
FCMB                               9,001,165                         14,739,736 1.61

 Top 7 Traders By Value     

Company Volume Value(₦) Current Price
ZENITHBANK                           355,214,203               7,104,435,645.65 20.00
GUARANTY                             25,810,657                  802,096,853.80 31.10
NESTLE                                  372,183                  503,367,648.30 1399.20
UNILEVER                             12,207,469                  390,597,374.90 32.00
WAPCO                             32,501,076                  388,933,049.00 12.00
ACCESS                             35,729,194                  240,832,832.80 6.60
MOBIL                               1,372,683                  233,397,335.00 170.00

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