Equity Market halts uptrend of three consecutive trading days, Shed 0.08%.

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The Equity Market closed lower today, shedding 0.08% to halt uptrend of three consecutive trading days.  Market breadth closed a negative, recording 17 gainers and 24 losers.

 

NSE Trading Floor

 

In summary, the All Share Index (ASI) was down by 28.19 absolute points, representing a decrease of 0.08%, closing at 33,167.88 points. Similarly, the Market Capitalization decreased by N10.29 billion, representing a dip of 0.08%, closing at N12.11 trillion.

MEYER emerged the top gainer while PRESCO emerged the top loser.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; DANGFLOUR (-9.52%), FBNH (-8.33%), SEPLAT (-4.56%), ETI (-4.18%), WAPCO (-4.11%), HONYFLOUR (-3.33%), ZENITHBANK (-3.07%), OANDO (-2.88%), DANGSUGAR (-2.05%), INTBREW (-1.61%), GUARANTY (-1.30%), UBA (-1.23%) and UNILEVER (-0.93%).

 

MARKET STATISTICS

CAP N12,108,836,851,624.69 One Day (ASI CHG) -0.08
Index 33,167.88 One Week (ASI CHG) -0.07
Volume 309,155,395 One Month (ASI CHG) +1.23
Value N5,994,921,622.55 Six Months (ASI CHG) -19.51
Deals 3,418 52 Weeks (ASI CHG) -9.58
Gainers 17 Losers 24
Unchanged 57 Total 98
YTD Returns -13.27

Source: NSE, GTI Research

 

 

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed unchanged at N306.60, against Friday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.50, traded high at N364.50 and eventually closed at N363.32, representing a 0.07% appreciation against yesterday’s closing price. A total of $51.14 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 15.50%, representing a 3.71% appreciation against Friday’s closing position, while Open Buy-Back (OBB) rate  closed  at 14.83% representing a 4.50% appreciation against Friday’s closing position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 840.47 839.04 -2 bps
T.Bills 368.79 412.75 +44 bps
Note: BPS=> Basis Point

Source: FMDQ, GTI Research

 

SECTOR PERFORMANCE

Sector %    Change
NSE30 -0.29
BANKING -1.66
CONSUMER GOODS -1.02
INDUSTRIAL 0.02
INSURANCE -0.34
LOTUS ISLAMIC 0.86
OIL/GAS -2.59

 

TOP 7 GAINERS

Company Pclose Open Close Change % Change
PRESCO 53 53 58 5 9.43
STANBIC 49 49 52.5 3.5 7.14
DIAMONDBNK 1.3 1.3 1.39 0.09 6.92
LIVESTOCK 0.52 0.52 0.55 0.03 5.77
CADBURY 9.5 9.5 10 0.5 5.26
JAPAULOIL 0.2 0.2 0.21 0.01 5.00
AIICO 0.72 0.72 0.75 0.03 4.17

 

TOP 7 LOSERS

Company Pclose Open Close Change % Change
MEYER 0.62 0.62 0.56 -0.06 -9.68
DANGFLOUR 7.35 7.35 6.65 -0.7 -9.52
REGALINS 0.22 0.22 0.2 -0.02 -9.09
FBNH 9 9 8.25 -0.75 -8.33
LASACO 0.32 0.32 0.3 -0.02 -6.25
JAIZBANK 0.49 0.49 0.46 -0.03 -6.12

 

TOP 7 TRADERS BY VALUE

Company Volume Value(₦) Current Price
GUARANTY                       57,631,835.00              2,190,171,390.30 38
DANGCEM                         7,361,290.00              1,609,509,903.60 216
NB                         7,006,985.00                 616,590,472.60 88
ZENITHBANK                       10,873,229.00                 261,392,261.10 23.7
NESTLE                            148,474.00                 205,030,483.10 1380
INTBREW                         5,270,207.00                 160,690,556.50 30.5
CUSTODIAN                       25,931,614.00                 129,658,410.00 5

 

TOP 7 TRADERS BY VOLUME

Company Volume Value(₦) Current Price
GUARANTY                       57,631,835.00              2,190,171,390.30 38
STERLNBANK                       57,041,823.00                   88,331,080.84 1.6
FCMB                       41,099,544.00                   63,682,062.37 1.53
CUSTODIAN                       25,931,614.00                 129,658,410.00 5
FBNH                       12,167,656.00                 106,474,645.80 8.25
DIAMONDBNK                       12,118,191.00                   16,322,398.77 1.39
ZENITHBANK                       10,873,229.00                 261,392,261.10 23.7

 

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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