Equity Market extends losing Streak, Sheds 1.08%

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The Equity Market on Wednesday closed on a bearish note, shedding 1.08% to extend losing streak to nine consecutive days. Market breadth closed negative, recording 23 gainers against 25 losers.

In summary, the All Share Index (ASI) tumbled 422.10 absolute points, representing a decline of 1.08% to close at 38,606.41 points.  Similarly, the Market Capitalization plummeted N152.90 billion, representing a dip of 1.08% to close at N13.98 trillion.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; GLAXOSMITH (-4.95%) NB (-4.35%), NESTLE (-3.75%), ETI (-2.20%), ZENITH (-1.92%), DANGCEM (-1.02) OANDO (-0.72%), HONEYFLOUR (-0.44%) and MAYBAKER (-2.06%).

 

 

SECTOR PERFORMANCE

Sector %    Change
NSE30 -1.16
BANKING -0.34
CONSUMER GOODS -2.63
INDUSTRIAL -2.56
INSURANCE 0.99
LOTUS ISLAMIC 1.77
OIL/GAS 0.06

 

TOP 7 GAINERS                                                                          Number of Gainers (23)

Company Pclose Open Close Change % Change
HMARKINS 0.32 0.33 0.34 0.02 6.25
FCMB 2.00 2.02 2.10 0.10 5.00
FLOURMILL 30.10 30.40 31.60 1.50 4.98
FIDSON 5.95 5.71 6.24 0.29 4.87
DANGFLOUR 8.55 8.55 8.95 0.40 4.68
LEARNAFRCA 1.32 1.38 1.38 0.06 4.55
SKYEBANK 0.68 0.68 0.71 0.03 4.41

 

 

TOP 7 LOSERS                                                                           Number of Losers (25)

Company Pclose Open Close Change % Change
IKEJAHOTEL 2.70 2.57 2.51 -0.19 -7.04
AGLEVENT 0.59 0.57 0.55 -0.04 -6.78
GLAXOSMITH 20.20 19.20 19.20 -1.00 -4.95
WAPCO 38.50 36.70 36.60 -1.90 -4.94
INTBREW 51.80 49.25 49.25 -2.55 -4.92
STERLNBANK 1.31 1.26 1.25 -0.06 -4.58
JAPAULOIL 0.22 0.21 0.21 -0.01 -4.55

 

 

TOP 7 TRADERS BY VOLUME

Company Volume Value(₦) Current Price
ACCESS                       68,327,472.00                 743,897,964.35 10.90
TRANSCORP                       42,088,016.00                   51,499,847.16 1.27
ZENITHBANK                       35,695,122.00                 929,620,153.85 25.60
GUARANTY                       24,562,492.00              1,007,750,661.85 41.00
UBA                       20,867,490.00                 220,011,893.00 10.60
FIDELITYBK                       17,451,824.00                   31,264,848.65 1.81
FBNH                       15,007,913.00                 142,187,042.90 9.60

 

 

TOP 7 TRADERS BY VALUE

Company Volume Value(₦) Current Price
GUARANTY                       24,562,492.00              1,007,750,661.85 41.00
ZENITHBANK                       35,695,122.00                 929,620,153.85 25.60
NESTLE                            482,269.00                 750,764,923.60 1540.00
ACCESS                       68,327,472.00                 743,897,964.35 10.90
NB                         3,231,051.00                 358,561,983.30 110.00
UBA                       20,867,490.00                 220,011,893.00 10.60
FBNH                       15,007,913.00                 142,187,042.90 9.60

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