Equity Market extends loss as NSE ASI slumps by 0.45%

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Activities in the Nigerian Stock Exchange (NSE) today extended its bearish sentiment shedding 0.45%, causing the All-Share Index to fall below 29 thousands. Market breadth closed  at par, recording 21 gainers and 21 losers.

NSE Trading Floor

The All Share Index (ASI) lost 130.00 absolute points, representing a decline of 0.45% to close at 28,966.41 points. Similarly, Market Capitalization decreased by N48.86 billion representing a dip of 0.45% to close at N10.89 trillion.

BETAGLAS emerged the top gainer while GOLDINSURE emerged as top loser.

The downtrend was impacted by losses recorded in medium and large capitalized stocks, amongst which are; FCMB (-5.26%), GUARANTY (-2.12%), ACCESS (-2.10%), MOBIL (-1.14%), DANGCEM (-1.10%), NB (-0.76%), FLOURMILL (-0.62%),   and ZENITHBANK (-0.08%).

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MARKET STATISTICS  

CAP N10,886,757,730,014.05 One Day (ASI CHG) -0.45%
Index 28,966.41 One Week (ASI CHG) -0.66%
Volume 324,810,234 One Month (ASI CHG) -0.67%
Value N3,241,548,096.73 Six Months (ASI CHG) -10.12%
Deals 3,631 52 Weeks (ASI CHG) -29.62%
Gainers 21 Losers 21
Unchanged 74 Total 116
  YTD Returns -7.82%  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira exchange rate at the official window remained unchanged to closed at  N307.00/$1, against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N360.67, traded high at N362.50 and eventually closed at N361.20 representing a 0.06% depreciation against yesterday’s closing position. A total of $157.85 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 6.64%, representing a 4.21% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 6.00%, representing a 4.07% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 986.03 983.31 -2.72 bps
T.Bills 522.94 519.11 -3.83bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market closed positive after today’s trading activities as the Unlisted Securities Index (USI) grew by 1.62% to close at 765.59 points. Market Capitalization also increased by N8.78 billion to settle at N550.03 billion. Conversely, market activities measured by aggregate volume and value dipped by 99.00% and 87.52% respectively. Investors traded a total of 178,940 thousand units of shares valued at N8.54 million in 9 deals.

Two securities were traded on the OTC Platform today and they include SDCSCSPLC and SDFCWAMCO.

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Sector Performance           

Sector %    Change
NSE30 -0.33
BANKING -0.77
CONSUMER GOODS 0.12
INDUSTRIAL -0.16
INSURANCE -0.42
LOTUS ISLAMIC -0.29
OIL/GAS -0.02

Top 7 Gainers            

Company Pclose Open Close Change % Change
BETAGLAS 62.70 62.70 68.95 6.25 9.97
LIVESTOCK 0.59 0.59 0.63 0.04 6.78
ETERNA 3.90 3.90 4.10 0.20 5.13
DANGFLOUR 16.00 16.00 16.80 0.80 5.00
NIGERINS 0.20 0.20 0.21 0.01 5.00
MBENEFIT 0.22 0.22 0.23 0.01 4.55
UNIONDAC 0.23 0.23 0.24 0.01 4.35

Top 7 Losers            

Company Pclose Open Close Change % Change
GOLDINSURE 0.30 0.30 0.27 -0.03 -10.00
CHAMS 0.53 0.53 0.48 -0.05 -9.43
JAPAULOIL 0.33 0.33 0.30 -0.03 -9.09
SOVRENINS 0.25 0.25 0.23 -0.02 -8.00
AGLEVENT 0.28 0.28 0.26 -0.02 -7.14
UNITYBNK 0.80 0.80 0.75 -0.05 -6.25
LINKASSURE 0.51 0.51 0.48 -0.03 -5.88

 Top 7 Traders By Volume           

Company Volume Value(₦) Current Price
UBA                             59,700,699                       409,018,186 6.60
ACCESS                             46,413,492                       327,439,549 7.00
STERLNBANK                             40,282,709                       103,663,079 2.70
ZENITHBANK                             32,215,715                       661,701,837 20.45
COURTVILLE                             16,388,111                           4,094,044 0.27
GUARANTY                             15,031,155                       494,354,212 32.30
UNILEVER                             13,190,149                       408,890,147 31.00

 Top 7 Traders By Value         

Company Volume Value(₦) Current Price
ZENITHBANK                             32,215,715                  661,701,836.90 20.45
GUARANTY                             15,031,155                  494,354,212.10 32.30
UBA                             59,700,699                  409,018,186.35 6.60
UNILEVER                             13,190,149                  408,890,147.00 31.00
NB                               6,059,987                  394,470,740.15 65.50
ACCESS                             46,413,492                  327,439,549.10 7.00
STERLNBANK                             40,282,709                  103,663,078.67 2.70

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