Dangote Cement, Zenithbank and 15 others extends equity market decline

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Activities on the Nigerian Stock Exchange (NSE) on Wednesday extends bearish sentiment as the performance indicator (All-Share Index) declined by 0.42%. The declined was impacted by Dangcem, Zenithbank and 15 other stocks. Consequently, Market breath closed negative, recording 11 gainers and 17 losers.

NSE Trading Floor

The All Share Index (ASI) decreased by 115.27 absolute points, representing a decline of 0.42% to close at 27,412.13 points. Similarly, the Market Capitalization lost N56.17 billion, representing a dip of 0.42% and closed at N13.36 trillion.

AIICO emerged the top gainer  while REDSTAREX emerged as top loser

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; JAPAULOIL (-9.09%), MAYBAKER (-5.83%), WEMABANK (-5.17%), UBN (-2.17%), FLOURMILL (-1.92%), DAMGCEM (-1.79%), ZENITHBANK (-1.39%), and FBNH (-0.96%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

CAP N13,358,486,922,615.47 One Day (ASI CHG) -0.42%
Index 27,412.13 One Week (ASI CHG) -1.10%
Volume 128,955,604 One Month (ASI CHG) -6.35%
Value N1,181,651,756.68 Six Months (ASI CHG) -12.79%
Deals 3,118 52 Weeks (ASI CHG) -24.55%
Gainers 11 Losers 17
Unchanged 75 Total 103
  YTD Returns -12.78%  

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira exchange rate remain unchanged to close N306.90/$1 as against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N362.63, traded high at N364.00 and eventually closed at N362.83 representing a 0.02% appreciation as against yesterday’s closing position. A total of $169.75 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 9.79%, representing a 4.57% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 9.00%, representing a 4.36% appreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 871.45 885.03 +13.58 bps
T.Bills 495.32 514.40 +19.08 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market halt its previous two days negative sentiment, as the Unlisted Securities Index (USI) grew further by 1.40% to close at 721.51 points against yesterday’s index. Similarly, the Market Capitalization gained N7.13 billion to close at N518.36 billion. Also, market activities measured by aggregate volume and value grew by 700.58% and 2,638.19% respectively. Investors traded a total of 562,573 units of shares valued at N77.44 million  in 7 deals.

NASD Daily Price-List

 

Sector Performance       

Sector %    Change
NSE30 -0.51
BANKING -0.44
CONSUMER GOODS -0.04
INDUSTRIAL -0.70
INSURANCE -1.92
LOTUS ISLAMIC -0.63
OIL/GAS 0.19

Top 7 Gainers              

Company Pclose Open Close Change % Change
AIICO 0.64 0.64 0.70 0.06 9.38
CONOIL 16.60 16.60 17.65 1.05 6.33
LASACO 0.34 0.34 0.36 0.02 5.88
HONYFLOUR 0.95 0.95 1.00 0.05 5.26
ETERNA 2.70 2.70 2.75 0.05 1.85
DANGFLOUR 20.00 20.00 20.35 0.35 1.75
ACCESS 6.20 6.20 6.30 0.10 1.61

Top 7 Losers         

Company Pclose Open Close Change % Change
REDSTAREX 5.28 5.28 4.76 -0.52 -9.85
CONTINSURE 1.55 1.55 1.40 -0.15 -9.68
JAIZBANK 0.42 0.42 0.38 -0.04 -9.52
JAPAULOIL 0.22 0.22 0.20 -0.02 -9.09
MBENEFIT 0.24 0.24 0.22 -0.02 -8.33
CHAMS 0.27 0.27 0.25 -0.02 -7.41
MAYBAKER 2.40 2.40 2.26 -0.14 -5.83

 Top 7 Traders By Volume   

Company Volume Value(₦) Current Price
FBNH                             30,901,073                       162,046,330 5.15
TRANSCORP                             16,028,391                         14,602,812 0.92
FCMB                             11,037,474                         18,674,428 1.61
ACCESS                               9,006,438                         56,401,221 6.30
ZENITHBANK                               8,340,731                       148,636,422 17.75
WAPIC                               5,431,216                           1,965,505 0.37
FIDELITYBK                               5,364,703                           8,334,296 1.55

 Top 7 Traders By Value   

Company Volume Value(₦) Current Price
MTNN                               3,047,449                  390,735,406.50 128.30
FBNH                             30,901,073                  162,046,330.15 5.15
ZENITHBANK                               8,340,731                  148,636,422.00 17.75
GUARANTY                               4,678,780                  129,611,706.00 27.70
ACCESS                               9,006,438                    56,401,220.95 6.30
WAPCO                               3,332,785                    47,714,975.85 14.50
DANGFLOUR                               2,024,154                    41,315,085.95 20.35

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