Equities records further decline as market cap losses N81 billion

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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

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