Equity market extends losses to 2nd day of the New Year.

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The Equity market extended yesterdays down turn shedding 0.96% . The downturn was caused majorly by losses in the industrial goods and banking sector. Market breadth closed negative, recording 13 gainers and 24 losers.

NSE Trading Floor

In summary, the All Share Index (ASI) was down by 298.74 absolute points, representing a decline of 0.96%, closing at 30,771.32 points. Similarly, Market Capitalization decrease by N111.41 billion representing a dip of 0.96%, closing at N11.47trillion.

FO emerged the top gainer while GLAXOSMITH emerged the top loser.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; FCMB (-8.33%), DIAMONDBANK (-6.98%), TRANSCORP (-6.20%), ACCESS (-5.38%), GUARANTY (-4.49%), STANBIC (-4.07%) FBNH (-2.50%), DANGSUGAR (-1.69%), FLOURMILL (-1.58%),  and ZENITHBANK (-1.52%).

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MARKET STATISTICS

CAP N11,474,904,153,373.09 One Day (ASI CHG) -0.96
Index 30,771.32 One Week (ASI CHG) -2.91
Volume 169,190,206 One Month (ASI CHG) -0.76
Value N1,128,040,262.68 Six Months (ASI CHG) -18.17
Deals 3,683 52 Weeks (ASI CHG) -19.42
Gainers 13 Losers 24
Unchanged 60 Total 97
  YTD Returns -2.10  

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate remain unchanged to closed at N306.95 against Wednesday’s closing price

The Investors and Exporters (I&E) FX window opened at N364.32, traded high at N365.50 and eventually closed at N365.30, representing a 0.24% depreciation against Wednesday’s closing price. A total of $29.38 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 14.92%, representing a 4.50% depreciation against Wednesday’s closing position, while Open Buy-Back (OBB) rate also closed at 14.08% representing a 4.25% depreciation against Wednesday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 853.05 855.33 +2.28bps
T.Bills 566.79 571.24 +4.45 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 -1.10
BANKING -2.15
CONSUMER GOODS -0.02
INDUSTRIAL -2.83
INSURANCE -0.12
LOTUS ISLAMIC -0.66
OIL/GAS 0.64

Top 7 Gainers

Company Pclose Open Close Change % Change
FO 28 28 30.7 2.70 9.64
UBN 5.6 5.6 6.05 0.45 8.04
TRANSEXPR 0.65 0.65 0.7 0.05 7.69
JBERGER 22.1 22.1 23.25 1.15 5.20
JAIZBANK 0.52 0.52 0.54 0.02 3.85
VITAFOAM 4.82 4.82 4.99 0.17 3.53
STERLNBANK 1.90 1.90 1.96 0.06 3.16

Top 7 Losers

Company Pclose Open Close Change % Change
GLAXOSMITH 14.5 14.5 13.05 -1.45 -10.00
UPL 2.18 2.18 1.97 -0.21 -9.63
MCNICHOLS 0.47 0.47 0.43 -0.04 -8.51
FCMB 1.8 1.8 1.65 -0.15 -8.33
FIRSTALUM 0.36 0.36 0.33 -0.03 -8.33
DIAMONDBNK 2.15 2.15 2 -0.15 -6.98
TRANSCORP 1.29 1.29 1.21 -0.08 -6.20

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
DIAMONDBNK                       51,947,976.00                 107,195,960.85 2.00
TRANSCORP                       12,808,861.00                   15,584,709.97 1.21
ACCESS                       11,261,916.00                   71,399,175.05 6.15
FCMB                         9,773,962.00                   16,494,490.37 1.65
ZENITHBANK                         7,413,028.00                 168,677,082.00 22.70
UBA                         6,916,754.00                   53,372,731.15 7.80
FIDELITYBK                         6,701,350.00                   13,305,963.41 1.96

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                         5,180,174.00                 171,941,372.80 32.95
ZENITHBANK                         7,413,028.00                 168,677,082.00 22.70
DIAMONDBNK                       51,947,976.00                 107,195,960.85 2.00
STANBIC                         1,622,260.00                   74,720,258.05 46.00
ACCESS                       11,261,916.00                   71,399,175.05 6.15
UBA                         6,916,754.00                   53,372,731.15 7.80
ETI                         2,664,739.00                   37,318,856.20 14.00

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