Decline in Market bellwethers further lead ASI to Shed 2.22%

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The Nigeria Stock Exchange (NSE) today extended its previous negative sentiment, following selloff in market bellwethers. Consequently, the All-Share Index (ASI) shed 2.22% recording its highest decline in 20 weeks. Market breadth closed negative, recording 14 gainers and 19 losers.

NSE Trading Floor

The All Share Index (ASI) shed 686.58 absolute points, representing a decline of 2.22% to close at 30,194.71 points. Similarly, Market Capitalization dipped by N302.41 billion, representing a decrease of 2.22% to close at N13.30 trillion.

NEIMETH emerged the top gainer while RTBRISCOE emerged as top loser.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; MTNN (-7.14%), DANGCEM (-4.00%), OANDO (-2.27%), UACN (-1.55%), TRANSCORP (-0.88%),  UBA (-0.87%), and FLOURMILL (-0.36%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

CAP N13,299,370,376,480.72 One Day (ASI CHG) -2.22%
Index 30,194.71 One Week (ASI CHG) +2.80%
Volume 148,213,300 One Month (ASI CHG) +1.53%
Value N2,217,625,964.52 Six Months (ASI CHG) -3.14%
Deals 3,654 52 Weeks (ASI CHG) -23.21%
Gainers 14 Losers 19
Unchanged 80 Total 113
  YTD Returns -3.93%  

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira exchange rate at the official window  closed  at  N306.95/$1, representing a 0.02% depreciation against last Friday’s position.

The Investors and Exporters (I&E) FX window opened at N360.30, traded high at N361.50 and eventually closed at N360.59 representing a 0.06% depreciation against last Friday’s closing position. A total of $217.08 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 15.29%, representing a 3.29% appreciation against last Friday’s closing position, while Open Buy-Back (OBB) rate closed at 14.50%, representing a 3.36% appreciation against last Friday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 948.74 957.53 +8.79bps
T.Bills 510.20 510.68 +0.48bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market remain unchanged as the Unlisted Securities Index (USI) closed at 749.89 points against Friday’s index. The Market Capitalization also remain unchanged, closing at N538.75 billion. Market activities measured by aggregate volume and value declined by 95.47% and 8.15% respectively. Investors traded a total of 10,319 units of shares valued at N2.74 million in 12 deals.

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Sector Performance           

Sector %    Change
NSE30 -0.50
BANKING 1.02
CONSUMER GOODS 0.73
INDUSTRIAL -2.09
INSURANCE 0.04
LOTUS ISLAMIC -0.89
OIL/GAS -0.39

Top 7 Gainers    

Company Pclose Open Close Change % Change
NEIMETH 0.51 0.51 0.56 0.05 9.80
ETI 10.05 10.05 11.00 0.95 9.45
UNITYBNK 0.65 0.65 0.71 0.06 9.23
MORISON 0.55 0.55 0.60 0.05 9.09
UNILEVER 31.00 31.00 33.70 2.70 8.71
SOVRENINS 0.23 0.23 0.25 0.02 8.70
JAPAULOIL 0.26 0.26 0.28 0.02 7.69

Top 7 Losers           

Company Pclose Open Close Change % Change
RTBRISCOE 0.32 0.32 0.29 -0.03 -9.38
MTNN 140.00 140.00 130.00 -10.00 -7.14
VERITASKAP 0.21 0.20 0.20 -0.01 -4.76
COURTVILLE 0.22 0.22 0.21 -0.01 -4.55
JAIZBANK 0.49 0.49 0.47 -0.02 -4.08
DANGCEM 200.00 200.00 192.00 -8.00 -4.00
MAYBAKER 2.37 2.37 2.28 -0.09 -3.80

 Top 7 Traders By Volume    

Company Volume Value(₦) Current Price
FIDELITYBK                             28,277,576                         49,498,755 1.79
ACCESS                             20,280,874                       117,364,721 5.80
UBA                             20,063,511                       114,601,004 5.70
ZENITHBANK                               8,731,234                       168,323,017 19.20
MTNN                               7,228,890                       948,211,777 130.00
FBNH                               7,136,228                         49,926,660 7.00
JAIZBANK                               6,094,261                           2,911,807 0.47

 Top 7 Traders By Value     

Company Volume Value(₦) Current Price
MTNN                               7,228,890                  948,211,776.70 130.00
ZENITHBANK                               8,731,234                  168,323,017.35 19.20
ACCESS                             20,280,874                  117,364,721.30 5.80
UBA                             20,063,511                  114,601,003.90 5.70
FBNH                               7,136,228                    49,926,659.75 7.00
FIDELITYBK                             28,277,576                    49,498,754.60 1.79
GUARANTY                               1,521,992                    47,698,946.25 31.30

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