DANGFLOUR and 31 other stocks shed N38 billion away from Market Cap.
Following price losses suffered by the bellwethers, the Nigerian Stock Exchange (NSE) extended negative performance today, as market capitalisation depreciated by N38 billion. Specifically, all market sector indices declined exclusive of the industrial sector. Market breadth closed negative, recording 11 gainers and 32 losers.
NSE Trading Floor
The All Share Index (ASI) lost 100.46 absolute points, representing a decline of 0.34% to close at 29,096.41 points. Similarly, Market Capitalization decreased by N37.75 billion representing a dip of 0.34% to close at N10.94 trillion.
BETAGLAS emerged the top gainer while DANGFLOUR emerged as top loser.
The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; DANGFLOUR (-9.86%), TRANSCORP (-5.60%), OANDO (-5.15%), DANGSUGAR (-1.79%), ZENITHBANK (-1.67%), UBA (-1.49%), WEMABANK (-1.37%), HONYFLOUR (-0.85%), FLOURMILL (-0.31%), and NB (-0.08%).
|CAP||N10,935,616,312,556.38||One Day (ASI CHG)||-0.34%|
|Index||29,096.41||One Week (ASI CHG)||-0.22%|
|Volume||430,269,283||One Month (ASI CHG)||-1.76%|
|Value||N2,834,339,822.96||Six Months (ASI CHG)||-9.38%|
|Deals||4,512||52 Weeks (ASI CHG)||-29.33%|
The Naira exchange rate at the official window closed at N307.00/$1, representing a 0.02% depreciation as against yesterday’s position.
The Investors and Exporters (I&E) FX window opened at N360.65, traded high at N361.50 and eventually closed at N360.99, representing a 0.07% appreciation against yesterday’s closing position. A total of $109.52 million was transacted through the I&E window today.
Overnight(O/N) rate closed at 10.86%, representing a 1.21% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 10.07%, representing a 1.29% depreciation against yesterday’s closing position.
|Note: BPS=> Basis Points|
NASD OTC MARKET
Activities in the NASD market closed negative after today’s trading activities as the Unlisted Securities Index (USI) declined by 1.90% to close at 753.37 points. Market Capitalization also decreased by N10.48 billion to settle at N541.25 billion. Conversely, market activities measured by aggregate volume and value increased by 16,591.51% and 334.86% respectively. Investors traded a total of 17.90 million units of shares valued at N68.42million in 11 deals.
Four securities were traded on the OTC Platform today and they include SDCSCSPLC, SDFCWAMCO, SDFOODCPT, and SDNASD
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value