Equity Market begins November on a low, extends downtrend to day three.

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The Equity Market closed lower today, shedding 1.42% to extend downtrend to three consecutive trading days. Market breadth closed negative, recording 11 gainers and 24 losers.

 

NSE Trading Floor

 

In summary, the All Share Index (ASI) was down by 459.62 absolute points, representing a decrease of 1.42%, closing at 32,006.65 points. Similarly, the Market Capitalization decreased by N167.80 billion, representing a dip of 1.42%, closing at N11.68 trillion.

JAPAULOIL emerged the top gainer while CADBURY emerged the top loser.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; CADBURY (-10.00%), CCNN (-9.82%), DANGFLOUR (-8.33%), DANGSUGAR (-7.97%), FIDELITYBK (-4.90%), OANDO (-4.72%), FBNH (-3.75%), DANGCEM (-2.87%), NESTLE (-1.45%), ZENITHBANK (-1.28%), and GUARANTY (-0.27%).

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MARKET STATISTICS

CAP N11,684,899,552,093.43 One Day (ASI CHG) -1.42
Index 32,006.65 One Week (ASI CHG) -1.65
Volume 355,757,979 One Month (ASI CHG) -2.32
Value N4,858,377,108.36 Six Months (ASI CHG) -22.44
Deals 3,019 52 Weeks (ASI CHG) -13.23
Gainers 11 Losers 24
Unchanged 62 Total 97
YTD Returns -16.31

Source: NSE, GTI Research

 

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed unchanged at N306.60, against yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.32, traded high at N364.50 and eventually closed at N363.54, unchanged against yesterday’s closing price. A total of $397.57 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 4.92%, unchanged against yesterday’s closing position, while Open Buy-Back (OBB) rate  closed  at 4.50% representing a 0.17% appreciation against yesterday’s closing position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 833.12 837.01 -4 bps
T.Bills 414.42 411.07 -3 bps
Note: BPS=> Basis Point

Source: FMDQ, GTI Research

 

SECTOR PERFORMANCE

Sector %    Change
NSE30 -1.26
BANKING -0.61
CONSUMER GOODS -1.13
INDUSTRIAL -2.10
INSURANCE -0.07
LOTUS ISLAMIC -1.88
OIL/GAS -0.79

TOP 7 GAINERS

Company Pclose Open Close Change % Change
JAPAULOIL 0.2 0.2 0.22 0.02 10.00
NEIMETH 0.55 0.55 0.6 0.05 9.09
WAPIC 0.4 0.4 0.43 0.03 7.50
LEARNAFRCA 1.1 1.1 1.18 0.08 7.27
PRESCO 56.2 56.2 59.85 3.65 6.49
HONYFLOUR 1.07 1.07 1.13 0.06 5.61
FIDSON 4.9 4.9 5.1 0.2 4.08

 

TOP 7 LOSERS

Company Pclose Open Close Change % Change
CADBURY 10 10 9 -1 -10.00
CAP 28.6 28.6 25.75 -2.85 -9.97
ETERNA 6.05 6.05 5.45 -0.6 -9.92
AFRIPRUD 3.97 3.97 3.58 -0.39 -9.82
CCNN 24.95 24.95 22.5 -2.45 -9.82
DANGFLOUR 6 6 5.5 -0.5 -8.33
DANGSUGAR 13.8 13.8 12.7 -1.1 -7.97

 

TOP 7 TRADERS BY VALUE

Company Volume Value(₦) Current Price
GUARANTY                       85,757,061.00              3,209,590,705.90 37.4
ZENITHBANK                       24,365,493.00                 562,862,972.45 23.2
FCMB                     168,727,690.00                 261,228,826.63 1.55
NESTLE                            157,534.00                 216,555,515.10 1360
PRESCO                         1,970,158.00                 114,390,914.00 59.85
UNILEVER                         2,325,319.00                   97,611,807.85 42
FBNH                         6,094,639.00                   48,146,760.50 7.7

 

TOP 7 TRADERS BY VOLUME

Company Volume Value(₦) Current Price
FCMB                     168,727,690.00                 261,228,826.63 1.55
GUARANTY                       85,757,061.00              3,209,590,705.90 37.4
ZENITHBANK                       24,365,493.00                 562,862,972.45 23.2
TRANSCORP                         8,575,998.00                   10,861,672.45 1.26
FBNH                         6,094,639.00                   48,146,760.50 7.7
DANGFLOUR                         5,546,231.00                   29,992,177.65 5.5
FIDELITYBK                         4,591,641.00                     9,065,265.83 1.94

GTI

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