Equity market halts nine trading days gain with 1.27% loss

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The Nigeria equity on Friday halts nine trading sessions gain with a loss of 1.27%. The decline was impacted by losing in MTNN, Guaranty, Buacement and 14 others. As a result, the market breadth closed negatively, recording 15 gainers as against 17 losers.

 

NSE Trading Floor

In summary, the All-Share Index (ASI) sheds 308.85 absolute points, representing a decline of 1.27% to close at 24,045.40 points. Similarly, the overall Market Capitalization size lost N160.96 billion, representing an increase of 1.27% to close at N12.53 trillion.

FIDSON emerged as the top gainer while UAC-PROP emerged as the top loser.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; MTNN (-6.67%), OANDO (-3.64%), WEMABANK (-3.45%), GUARANTY (-2.44%), BUACEMENT (-1.24%), and UACN (0.73%).

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MARKET STATISTICS

CAP N12,531,334,100,733.40 One Day (ASI CHG) -1.27%
Index 24,045.40 One Week (ASI CHG) +4.45%
Volume 208,588,018 One Month (ASI CHG) +14.10%
Value N2,193,212,108.05 Six Months (ASI CHG) -8.62%
Deals 4,320 52 Weeks (ASI CHG) -16.99%
Gainers 15 Losers 17
Unchanged 60 Total 92
-10.42%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window on Thursday closed unchanged at 361.00/$1, against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N386.36, traded high at N390.89 and eventually closed at N387.28, representing a 0.23% depreciation against yesterday’s closing position. A total of $102.28 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 8.33%, representing a 5.33% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 7.42%, representing a 5.42% appreciation against yesterday’s position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 475.66 475.35 -0.31 bps
T.Bills 409.10 402.68 -6.42bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

The NASD OTC market today extends the unchanged sentiment as the Unlisted Securities Index (USI) closed at 700.35,  as against yesterday’s closing position. Similarly, Market Capitalization closed at N514.46 billion. Both the aggregate volume and value also declined by 81.04% and 75.04% respectively, as investors traded a total of 4,475 shares, worth N483,300 million in 2 deal.

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Top 7 Gainers

Company Pclose Open Close Change % Change
FIDSON 2.30 2.30 2.48 0.18 7.83
CUSTODIAN 5.85 5.85 6.30 0.45 7.69
NB 34.90 34.90 37.50 2.60 7.45
NEIMETH 0.60 0.60 0.64 0.04 6.67
AFRIPRUD 3.71 3.71 3.90 0.19 5.12
GLAXOSMITH 5.40 5.40 5.60 0.20 3.70
AIICO 0.89 0.89 0.92 0.03 3.37

Top 7 Losers

Company Pclose Open Close Change % Change
UAC-PROP 1.00 1.00 0.92 -0.08 -8.00
UPL 1.12 1.12 1.04 -0.08 -7.14
MTNN 120.00 120.00 112.00 -8.00 -6.67
JAPAULOIL 0.21 0.21 0.20 -0.01 -4.76
MBENEFIT 0.21 0.21 0.20 -0.01 -4.76
CILEASING 4.70 4.70 4.50 -0.20 -4.26
LASACO 0.27 0.27 0.26 -0.01 -3.70

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FBNH                             63,050,376                       295,851,559 4.70
GUARANTY                             27,163,604                       608,778,764 21.95
ZENITHBANK                             14,714,121                       224,282,240 15.40
REDSTAREX                             11,781,423                         32,129,875 2.88
MBENEFIT                               9,688,011                           1,937,682 0.20
UBA                               6,562,082                         40,269,597 6.20
WAPCO                               6,501,098                         71,561,667 11.00

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                             27,163,604                  608,778,763.55 21.95
FBNH                             63,050,376                  295,851,559.20 4.70
MTNN                               2,588,593                  290,691,683.50 112.00
ZENITHBANK                             14,714,121                  224,282,240.45 15.40
DANGCEM                               1,377,868                  200,279,214.60 150.00
NB                               3,842,802                  143,999,825.50 37.50
WAPCO                               6,501,098                    71,561,667.20 11.00

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