Dangcem and 14 other stocks extend negative performance of NSE-ASI

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Activities on the Nigeria Stock Exchange(NSE) continued its loosing streak after the Democracy Day celebration. The decline was impacted by negative sentiment of investors on Dangcem and 14 other stocks.  Consequently, market breadth closed negative, recording 14 gainers and 15 losers.

NSE Trading Floor

The All Share Index (ASI) shed 70.68 absolute points, representing a decline of 0.23% to close at 30,029.15 points. Similarly, Market Capitalization lost N31.13 billion, representing a dip of 0.23% to close at N13.22 trillion.

GLAXOSMITH emerged the top gainer while CILEASING emerged as top loser.

The downtrend was impacted by losses recorded in large and medium capitalized stocks, amongst which are; DANGSUGAR (-2.73%), ACCESS (-1.56%), DANGCEM (-1.08%), UBA (-0.81%), FLOURMILL (-0.36%), and ZENITHBANK (-0.25%)

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

CAP N13,224,982,666,262.77 One Day (ASI CHG) -0.23%
Index 30,029.15 One Week (ASI CHG) -1.63%
Volume 242,618,146 One Month (ASI CHG) +5.42%
Value N5,956,353,299.78 Six Months (ASI CHG) -1.76%
Deals 3,153 52 Weeks (ASI CHG) -23.06%
Gainers 14 Losers 15
Unchanged 74 Total 103
  YTD Returns -4.46%  

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira exchange rate at the official window remain unchanged to closed at N307.00/$1, against Tuesday’s position.

The Investors and Exporters (I&E) FX window opened at N360.23, traded high at N361.50 and eventually closed at N360.67 representing 0.01% depreciation against Tuesday’s closing position. A total of $281.43 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 5.71%, representing a 3.79% depreciation against Tuesday’s closing position, while Open Buy-Back (OBB) rate closed at 5.43%, representing a 3.29% depreciation against Tuesday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 992.65 987.83 -4.82bps
T.Bills 524.74 521.33 -3.41 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market closed negative after today’s trading sessions, as the Unlisted Securities Index (USI) declined by 0.70% to close at 754.61 points against Tuesday’s index. The Market Capitalization dipped N3.83 billion closing at N542.14 billion. Similarly, Market activities measured by aggregate volume and value declined by 91.91% and 85.51% respectively. Investors traded a total of 148,382 units of shares valued at N43.56 million in 14 deals.

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Sector Performance           

Sector %    Change
NSE30 -0.25
BANKING 0.09
CONSUMER GOODS 0.02
INDUSTRIAL -0.55
INSURANCE 0.07
LOTUS ISLAMIC -0.62
OIL/GAS 0.22

Top 7 Gainers    

Company Pclose Open Close Change % Change
GLAXOSMITH 7.65 7.65 8.35 0.70 9.15
MAYBAKER 2.21 2.21 2.35 0.14 6.33
MBENEFIT 0.20 0.20 0.21 0.01 5.00
UCAP 2.22 2.22 2.30 0.08 3.60
AFRIPRUD 3.41 3.41 3.49 0.08 2.35
WEMABANK 0.59 0.59 0.60 0.01 1.69
AIICO 0.67 0.67 0.68 0.01 1.49

Top 7 Losers           

Company Pclose Open Close Change % Change
CILEASING 6.99 6.99 6.30 -0.69 -9.87
NPFMCRFBK 1.44 1.44 1.30 -0.14 -9.72
UAC-PROP 1.65 1.65 1.51 -0.14 -8.48
PRESCO 58.00 58.00 55.00 -3.00 -5.17
LIVESTOCK 0.63 0.63 0.60 -0.03 -4.76
JAPAULOIL 0.25 0.25 0.24 -0.01 -4.00
NAHCO 3.09 3.09 2.99 -0.10 -3.24

 Top 7 Traders By Volume    

Company Volume Value(₦) Current Price
GUARANTY                             78,299,011                    2,407,011,600 30.80
ZENITHBANK                             33,988,774                       681,257,497 20.10
UBA                             25,460,568                       158,876,570 6.15
ETI                             18,059,709                       176,984,069 9.80
MTNN                               9,490,116                    1,291,334,164 135.10
NB                               9,027,955                       514,659,444 57.50
FIDELITYBK                               7,066,439                         12,210,874 1.73

 Top 7 Traders By Value     

Company Volume Value(₦) Current Price
GUARANTY                             78,299,011               2,407,011,600.20 30.80
MTNN                               9,490,116               1,291,334,164.25 135.10
ZENITHBANK                             33,988,774                  681,257,497.10 20.10
NB                               9,027,955                  514,659,443.70 57.50
DANGCEM                               2,112,012                  386,569,294.20 183.00
ETI                             18,059,709                  176,984,068.95 9.80
UBA                             25,460,568                  158,876,569.65 6.15

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