Equity market opens new week with 0.08% decline

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The Nigeria Stock Market closed the first trading session for the week on a negative note to halt the two consecutive days of bullish sentiment, as NGX-ASI and Market Capitalization declined by 0.08%. The downturn was buoyed by losses in all of the major market sector, save for consumer goods that grew 0.76%. However, the market breadth closed positively, recording 24 gainers and 17 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) declined by 32.64 absolute points, representing a lost of 0.08% to close at 39,801.78 points. While the overall Market Capitalization value lost N17.04 billion, representing a decrease of 0.08% to close at N20.83 trillion.

LASACO emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of 9.86%, while NCR emerged as the top loser (by percentage points) with a maximum price depreciation of -13.11% as N0.05 was adjusted from the opening price of the stock

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; REGALINS(-9.09%), CHIPLC(-7.69%), STERLNBANK(-7.50%), WAPCO(-5.20%), FTNCOCOA(-4.76%), MBENEFIT(-2.56%), OANDO(-2.55%), AFRIPRUD(-1.75%), JAPAULGOLD(-1.67%), UBA(-1.37%), ZENITHBANK(-1.12%), TRANSCORP(-1.11%), MANSARD(-1.08%), AIICO(-0.78%), MTNN(-0.51%), and  DANGSUGAR(-0.29%).

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MARKET STATISTICS

CAP N20,830,159,172,372.37 One Day (ASI CHG) -0.08%
Index 39,801.78 One Week (ASI CHG) +1.26%
Volume 426,507,912 One Month (ASI CHG) +2.27%
Value N4,654,228,279.53 Six Months (ASI CHG) +29.45%
Deals 5,616 52 Weeks (ASI CHG) +72.38%
Gainers 24 Losers 17
Unchanged 64 Total 105
YTD Returns -1.16%

Source: Ngxgroup.com, GTI Research 

 

 

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira at the official rate remains unchanged to close at N379.00/$1 as at Friday’s position.

The Investors and Exporters (I&E) FX window opened at N410.50 traded high at N429.13 , and low at N395.00 and eventually closed at N411.00,  representing a 0.24% depreciation against Friday’s position. Also, a total of $56.81 million was transacted through the I&E window today.

MONEY MARKET

Overnight (O/N) rate closed at 15.50%, representing a 12.25% depreciation against Friday’s position, while Open Buy-Back (OBB) rate closed at 14.50%,  representing a 13.00% depreciation as against Friday’s position.

Sector Performance

Security % Change
NSE30 -0.12
NSEBNK -0.32
NSECNSMRGDS 0.76
NSEINDUSTR -0.57
NSEINS -1.27
NSELOTUSISLM -0.24
NSEOILGAS -0.13

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
LASACO 1.42 1.42 1.56 0.14 9.86
NEIMETH 1.73 1.73 1.9 0.17 9.83
INTBREW 5.2 5.2 5.7 0.50 9.62
COURTVILLE 0.23 0.23 0.25 0.02 8.70
ROYALEX 0.53 0.53 0.57 0.04 7.55
NPFMCRFBK 1.86 1.86 2 0.14 7.53
FBNH 6.9 6.9 7.4 0.50 7.25

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
LINKASSURE 0.61 0.61 0.53 -0.08 -13.11
REGALINS 0.33 0.33 0.3 -0.03 -9.09
CHIPLC 0.39 0.39 0.36 -0.03 -7.69
STERLNBANK 1.6 1.6 1.48 -0.12 -7.50
WAPCO 21.15 21.15 20.05 -1.10 -5.20
FTNCOCOA 0.42 0.42 0.4 -0.02 -4.76
MBENEFIT 0.39 0.39 0.38 -0.01 -2.56

Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
FBNH          79,602,516        574,979,282.50 7.40
ACCESS          64,847,199        479,038,096.65 7.45
ZENITHBANK          58,003,865    1,282,130,745.30 22.00
WAPCO          28,674,325        627,915,915.85 20.05
FCMB          25,725,352          74,689,147.82 3.00
COURTVILLE          16,510,628            4,040,228.52 0.25
GUARANTY          15,939,142        479,055,712.20 30.10

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
ZENITHBANK          58,003,865    1,282,130,745.30 22.00
WAPCO          28,674,325        627,915,915.85 20.05
FBNH          79,602,516        574,979,282.50 7.40
MTNN            2,781,985        484,695,879.70 174.00
GUARANTY          15,939,142        479,055,712.20 30.10
ACCESS          64,847,199        479,038,096.65 7.45
UACN            8,349,999          84,641,204.35 10.30

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