Equity Market extends Friday’s negative sentiment, Post 0.18% loss.

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The Equity Market closed lower today, shedding 0.18% to extend Friday’s negative sentiment. Market breadth closed positive, recording 14 gainers and 12 losers.

 

NSE Trading Floor

 

In summary, the All Share Index (ASI) was down by 56.80 absolute points, representing a decrease of 0.18%, closing at 32,143.41 points. Similarly, the Market Capitalization decreased by N20.73 billion, representing a dip of 0.18%, closing at N11.73 trillion.

REGALINS emerged the top gainer while ABBEYBDS emerged the top loser.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; FCMB (-2.45%), GUARANTY (-1.75%), ZENITHBANK (-1.64%), FIDELITYBK (-1.51%), DANGSUGAR (-0.77%), UBA (-0.63%) and STANBIC (-0.21%).

 

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

CAP N11,734,825,417,476.24 One Day (ASI CHG) -0.18
Index 32,143.41 One Week (ASI CHG) +0.30
Volume 142,110,924 One Month (ASI CHG) -0.85
Value N1,556,344,511.64 Six Months (ASI CHG) -21.64
Deals 2,772 52 Weeks (ASI CHG) -13.41
Gainers 14 Losers 12
Unchanged 71 Total 97
YTD Returns -15.95

Source: NSE, GTI Research

 

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed  at N306.70, representing a 0.02% depreciation against Friday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.40, traded high at N365.50 and eventually closed at N363.89, representing a 0.08% depreciation against Friday’s closing price. A total of $188.43 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at7.00%, representing a 2.00% appreciation against Friday’s closing position, while Open Buy-Back (OBB) rate  closed  at 6.08% representing a 1.83% appreciation against Friday’s closing position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 842.88 841.75 -1 bps
T.Bills 382.85 382.75 -1 bps
Note: BPS=> Basis Point

Source: FMDQ, GTI Research

 

SECTOR PERFORMANCE

Sector %    Change
NSE30 -0.17
BANKING -1.06
CONSUMER GOODS 0.17
INDUSTRIAL 0.00
INSURANCE -1.30
LOTUS ISLAMIC -0.02
OIL/GAS 0.75

 

TOP 7 GAINERS

Company Pclose Open Close Change % Change
REGALINS 0.2 0.2 0.22 0.02 10.00
UNIONDAC 0.25 0.25 0.27 0.02 8.00
FLOURMILL 15.4 15.4 16.5 1.1 7.14
OANDO 4.65 4.65 4.95 0.3 6.45
HONYFLOUR 1.05 1.05 1.08 0.03 2.86
MAYBAKER 2.3 2.3 2.35 0.05 2.17
VITAFOAM 3.23 3.23 3.3 0.07 2.17

 

TOP 7 LOSERS

Company Pclose Open Close Change % Change
ABBEYBDS 1.17 1.17 1.06 -0.11 -9.40
DIAMONDBNK 1.28 1.28 1.16 -0.12 -9.38
NEM 2.8 2.8 2.57 -0.23 -8.21
LIVESTOCK 0.56 0.56 0.52 -0.04 -7.14
FCMB 1.63 1.63 1.59 -0.04 -2.45
GUARANTY 37.15 37.15 36.5 -0.65 -1.75
ZENITHBANK 24.4 24.4 24 -0.4 -1.64

 

TOP 7 TRADERS BY VOLUME

Company Volume Value(₦) Current Price
DIAMONDBNK                       32,238,108.00                   37,676,244.47 1.16
GUARANTY                       19,979,436.00                 738,137,188.45 36.5
UBA                       16,057,330.00                 128,291,119.15 7.9
FBNH                       13,255,534.00                   98,732,995.95 7.6
ZENITHBANK                       11,738,654.00                 285,213,065.90 24
FIDELITYBK                       10,983,662.00                   21,595,463.08 1.96
FCMB                         5,565,540.00                     8,926,731.48 1.59

 

TOP 7 TRADERS BY VALUE

Company Volume Value(₦) Current Price
GUARANTY                       19,979,436.00                 738,137,188.45 36.5
ZENITHBANK                       11,738,654.00                 285,213,065.90 24
UBA                       16,057,330.00                 128,291,119.15 7.9
FBNH                       13,255,534.00                   98,732,995.95 7.6
DIAMONDBNK                       32,238,108.00                   37,676,244.47 1.16
NESTLE                              24,560.00                   34,323,262.10 1460
FLOURMILL                         2,068,599.00                   33,984,513.55 16.5

 

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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