Equity Market extends loss as NSE ASI slumps by 0.45%
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%).
|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%|
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.
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.
|Note: BPS=> Basis Points|
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.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value