DANGCEM and 12 Others Drags Stock Market Lower By 0.57%

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Transactions on the Nigeria Equity Market today (Tuesday) closed in the negative region to reverse yesterday’s gain, as market performance indices (NSE-ASI and Market Cap) dipped by 0.57%. The price depreciation was buoyed by investor’s negative sentiment on DANGCEM, ETI, FIDELITYBK and 10 others. However, the market breadth closed largely positive, recording 22 gainers against 13 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) dipped by 226.26 absolute points, representing a decrease of 0.57% to close at 39,267.11 points. While the overall Market Capitalization value lost N118.38 billion, representing a decrease of 0.57% to close at N20.54trillion.

LIVESTOCK emerged as the top gainer (by percentage points) with a price appreciation of +9.66%, while REGALINS emerged as the top loser (by percentage points) for today, with a price depreciation of -9.09%.

Today’s market loss was driven by price depreciation in large and medium capitalized stocks amongst which are; DAARCOM(-8.00%), ETI(-4.72%), DANGCEM(-4.02%), AIICO(-3.79%), FIDELITYBK(-2.92%), JBERGER(-2.68%), TRANSCORP(-2.50%), JAPAULGOLD(-2.22%),  JAIZBANK(-1.56%),  and INTBREW(-0.87%).

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MARKET STATISTICS

 

CAP N20,544,755,275,008.48 One Day (ASI CHG) -0.57%
Index 39,267.11 One Week (ASI CHG) +1.45%
Volume 336,125,706 One Month (ASI CHG) -1.34%
Value N3,268,817,643.90 Six Months (ASI CHG) +46.35%
Deals 4,394 52 Weeks (ASI CHG) +84.09%
Gainers 22 Losers 13
Unchanged 64 Total 99
YTD Returns -2.49%

Source: NSE, GTI Research 

 

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira at the official rate remains unchanged to close at N379.00/$1 as against last Friday’s position.

The Investors and Exporters (I&E) FX window opened at N409.07 traded high at N410.50 and eventually closed at N409.00representing 0.03% appreciation against Monday’s position. Also, a total of $30.84 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 7.17%, representing a 5.83% depreciation against yesterday’s position, while Open Buy-Back (OBB) rate closed at 6.33%,  representing a 5.67% depreciation as against yesterday’s position.

Sector Performance

Security % Change
NSE30 -0.53
NSEBNK 0.94
NSECNSMRGDS 0.07
NSEINDUSTR -1.90
NSEINS -0.16
NSELOTUSISLM -0.74
NSEOILGAS 0.00

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
LIVESTOCK 1.76 1.76 1.93 0.17 9.66
CORNERST 0.55 0.55 0.6 0.05 9.09
COURTVILLE 0.22 0.22 0.24 0.02 9.09
NPFMCRFBK 1.8 1.8 1.95 0.15 8.33
ROYALEX 0.26 0.26 0.28 0.02 7.69
MBENEFIT 0.41 0.41 0.44 0.03 7.32
LINKASSURE 0.56 0.56 0.6 0.04 7.14

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
REGALINS 0.33 0.33 0.3 -0.03 -9.09
PRESTIGE 0.45 0.45 0.41 -0.04 -8.89
DAARCOMM 0.25 0.25 0.23 -0.02 -8.00
ETI 5.3 5.3 5.05 -0.25 -4.72
SOVRENINS 0.24 0.24 0.23 -0.01 -4.17
DANGCEM 224 224 215 -9.00 -4.02
AIICO 1.26 1.26 1.21 -0.05 -3.97

Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
UBN          78,889,013    418,139,710.35 5.30
COURTVILLE          43,907,763      10,532,863.12 0.24
GUARANTY          28,970,575    955,088,846.90 33.00
ZENITHBANK          24,907,735    560,465,610.15 22.60
TRANSCORP          22,621,176      17,960,931.92 0.78
INTBREW          20,475,930    116,958,716.10 5.70
ACCESS            9,572,237      79,483,111.15 8.30

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
GUARANTY          28,970,575    955,088,846.90 33.00
ZENITHBANK          24,907,735    560,465,610.15 22.60
UBN          78,889,013    418,139,710.35 5.30
NESTLE                180,781    249,982,245.00 1375.00
INTBREW          20,475,930    116,958,716.10 5.70
DANGCEM                464,264    101,461,864.70 215.00
DANGSUGAR            5,661,793      93,269,786.10 16.60

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