Equities records further decline as market cap losses N81 billion
Activities on the Nigerian equity market extended yesterday’s negative sentiment in its All-Share Index (ASI) posting 0.59% loss, hence, cloing the last trading day of the month in the red. Market breadth closed negative, recording 13 gainers and 23 losers.
NSE Trading Floor
The All Share Index (ASI) shed 184.82 absolute points, representing a decline of 0.59% to close at 31,069.37 points. Similarly, Market Capitalization lost N81.40 billion, representing a dip of 0.59% to close at N13.68 trillion.
MANSARD emerged the top gainer while OANDO emerged as top loser.
The downtrend was impacted by losses recorded in large and medium capitalized stocks, amongst which are; OANDO (-9.68%), UBA (-5.30%), HONYFLOUR (-3.51%), NB (-3.33%), WEMABANK (-3.03%), FCMB (-2.42%), ACCESS (-2.40%), STANBIC (-2.33%), ZENITHBANK (-2.19%), TRANSCORP (-1.69%), FBNH (-1.40%), GUARANTY (-1.25%), DANGSUGAR (-1.12%), NESTLE (-0.31%), and DANGCEM (-0.15%).
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MARKET STATISTICS
| CAP | N13,684,616,934,861.93 | One Day (ASI CHG) | -0.59% |
| Index | 31,069.37 | One Week (ASI CHG) | +0.61% |
| Volume | 212,940,919 | One Month (ASI CHG) | +6.55% |
| Value | N2,730,579,427.90 | Six Months (ASI CHG) | +0.63% |
| Deals | 3,737 | 52 Weeks (ASI CHG) | -18.46% |
| Gainers | 13 | Losers | 23 |
| Unchanged | 72 | Total | 108 |
| YTD Returns | -1.15% |
Source: NSE, GTI Research
FOREIGN EXCHANGE
The Naira exchange rate at the official window remain unchanged at N306.95/$1 against yesterday’s position.
The Investors and Exporters (I&E) FX window opened at N360.18, traded high at N361.70 and eventually closed at N360.74 representing a 0.01% depreciation against yesterday’s closing position. A total of $53.99 million was transacted through the I&E window today.
MONEY MARKET
Overnight(O/N) rate closed at 4.93%, representing a 1.57% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 4.14%, representing a 1.71% depreciation against yesterday’s closing position.
| FIXED INCOME | |||
| Securities | P. Close | Close | Change |
| Bond | 956.54 | 943.47 | -13.07 bps |
| T.Bills | 508.21 | 499.15 | -9.06 bps |
| Note: BPS=> Basis Points |
Source: FMDQ, GTI Research
NASD OTC MARKET
The NASD market closed negatively after today’s trading activities as the Unlisted Securities Index (USI)decelined by 0.44% to closed at 748.62 points against yesterdays index. The Market Capitalization shed N2.36 billion closing at N537.84 billion. Market activities measured by aggregate volume and value decelined by 82.02% and 75.35% respectively. Investors traded a total of 2,402 units of shares valued at N153,083 in 10 deals.
Sector Performance
| Sector | % Change |
| NSE30 | -1.18 |
| BANKING | -1.73 |
| CONSUMER GOODS | -1.05 |
| INDUSTRIAL | 0.32 |
| INSURANCE | 2.96 |
| LOTUS ISLAMIC | 0.17 |
| OIL/GAS | -1.06 |
Top 7 Gainers
| Company | Pclose | Open | Close | Change | % Change |
| MANSARD | 1.80 | 1.80 | 1.98 | 0.18 | 10.00 |
| LEARNAFRCA | 1.22 | 1.22 | 1.34 | 0.12 | 9.84 |
| CCNN | 14.00 | 14.00 | 15.00 | 1.00 | 7.14 |
| DANGFLOUR | 16.00 | 16.00 | 16.85 | 0.85 | 5.31 |
| COURTVILLE | 0.23 | 0.23 | 0.24 | 0.01 | 4.35 |
| LINKASSURE | 0.48 | 0.48 | 0.50 | 0.02 | 4.17 |
| JAPAULOIL | 0.27 | 0.27 | 0.28 | 0.01 | 3.70 |
Top 7 Losers
| Company | Pclose | Open | Close | Change | % Change |
| OANDO | 4.65 | 4.65 | 4.20 | -0.45 | -9.68 |
| CHAMPION | 1.10 | 1.10 | 1.01 | -0.09 | -8.18 |
| WAPCO | 10.70 | 10.70 | 10.10 | -0.60 | -5.61 |
| UBA | 6.60 | 6.60 | 6.25 | -0.35 | -5.30 |
| FIDELITYBK | 1.76 | 1.76 | 1.68 | -0.08 | -4.55 |
| NASCON | 17.00 | 17.00 | 16.25 | -0.75 | -4.41 |
| GUINNESS | 50.50 | 50.50 | 48.50 | -2.00 | -3.96 |
Top 7 Traders By Volume
| Company | Volume | Value(₦) | Current Price |
| UBA | 43,969,967 | 280,812,224 | 6.25 |
| GUARANTY | 25,632,756 | 814,286,211 | 31.60 |
| CUSTODIAN | 20,684,944 | 130,215,144 | 6.05 |
| ACCESS | 16,512,310 | 101,501,456 | 6.10 |
| FIDELITYBK | 15,672,101 | 26,596,512 | 1.68 |
| ZENITHBANK | 11,212,331 | 226,519,273 | 20.10 |
| FBNH | 10,273,323 | 72,312,844 | 7.05 |
Top 7 Traders By Value
| Company | Volume | Value(₦) | Current Price |
| GUARANTY | 25,632,756 | 814,286,211.30 | 31.60 |
| UBA | 43,969,967 | 280,812,224.25 | 6.25 |
| DANGCEM | 1,237,103 | 246,766,275.20 | 199.50 |
| NESTLE | 157,918 | 229,196,081.80 | 1450.00 |
| ZENITHBANK | 11,212,331 | 226,519,273.00 | 20.10 |
| MTNN | 1,099,443 | 150,358,023.40 | 136.50 |
| CUSTODIAN | 20,684,944 | 130,215,144.20 | 6.05 |
