Equity Market Dips as Investors Losses N29 Billion Amidst Profit-Taking

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The Local Bourse began the first trading day of the month on a negative note, to halt last weeks’ five successive bullish run as investors’ went on profit-taking in Consumer Goods and Banking sectors However, the market breadth closed positively, recording 34 gainers as against 28 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 54.76 absolute points, representing a decline of 0.13% to close at 42,357.90 points. Also, the overall Market Capitalization value lost N28.65 billion, representing a shrink of 0.13% to close at N22.16trillion.

HONYFLOUR, emerged as top gainer (by percentage points) for today, with the maximum price appreciation of +10.0%, while ROYALEX topped the losers’ chart with a price depreciation of -10.00%.

Today’s market loss was driven by price depreciation in large and medium capitalized stocks amongst which are; OANDO(-3.96%), NESTLE(-3.65%), VITAFOAM(-3.48%), FLOURMILL(-3.17%), AIICO(-2.86%), WEMABANK(-2.82%), STERLING BANK(-2.00%), ACCESS(-1.61%), FBNH(-1.32%), UBN(-0.82%), FIDELITY(0.37%), and ZENITH(-0.18%).

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MARKET STATISTICS

CAP N22,157,889,081,630.78 One Day (ASI CHG) -0.13%
Index 42,357.90 One Week (ASI CHG) +3.31%
Volume 586,806,603.00 One Month (ASI CHG) +5.18%
Value N6,024,018,923.16 Six Months (ASI CHG) +71.53%
Deals 7,611.00 52 Weeks (ASI CHG) +46.85%
Gainers 34 Losers 28
Unchanged 49 Total 111
YTD Returns +5.18%

Source: NSE, GTI Research

 

Sector Performance

Security Change Percent
NSE30 -0.15
NSEBNK -0.08
NSECNSMRGDS -1.03
NSEINDUSTR 0
NSEINS 0.37
NSELOTUSISLM -0.61
NSEOILGAS 0.22


Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
ROYALEX 0.4 0.4 0.36 -0.04 –      10.00
GUINEAINS 0.22 0.22 0.2 -0.02 –        9.09
AFRINSURE 0.25 0.25 0.23 -0.02 –        8.00
JBERGER 22.65 22.65 21 -1.65 –        7.28
CHIPLC 0.44 0.44 0.42 -0.02 –        4.55
MULTIVERSE 0.22 0.22 0.21 -0.01 –        4.55
CORNERST 0.68 0.68 0.65 -0.03 –        4.41

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
HONYFLOUR 1.3 1.41 1.43 0.13         10.00
CHAMPION 3.11 3.11 3.42 0.31           9.97
WAPIC 0.54 0.54 0.59 0.05           9.26
JAIZBANK 0.65 0.65 0.71 0.06           9.23
ACADEMY 0.33 0.33 0.36 0.03           9.09
UNITYBNK 0.67 0.67 0.73 0.06           8.96
MRS 12.3 12.3 13.4 1.1           8.94

Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
UBN              79,585,960              469,640,553.60 6.05
TRANSCORP              61,758,076                64,675,827.67 1.05
UBA              44,311,484              406,715,929.20 9.1
ACCESS              40,195,196              371,689,615.95 9.15
FBNH              37,513,314              282,350,578.90 7.5
ZENITHBANK              31,523,081              858,973,932.50 27.15
HONYFLOUR              25,122,393                35,605,728.98 1.43

Top 7 Traders By Value

Security  Daily Volume  Daily Value Close Price
ZENITHBANK              31,523,081              858,973,932.50 27.15
NESTLE                    545,751              791,579,391.30 1450
GUARANTY              22,580,000              778,980,021.90 34.5
UBN              79,585,960              469,640,553.60 6.05
UBA              44,311,484              406,715,929.20 9.1
ACCESS              40,195,196              371,689,615.95 9.15
WAPCO              11,184,549              337,950,702.10 30

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