Equity market opens new week with negative sentiment

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The Nigeria equity market on Monday opened the new trading week lower, declining by 0.15%. The downswing was driven by sell-off on DANGCEM, GUARANTY, ACCESS and 21 other stocks. consequently, the market breadth closed negatively, recording 18 gainers as against 24 losers. 

NSE Trading Floor

In summary, the All Share Index (ASI) decreased by 41.42 absolute points, representing a decline of 0.15% to close at 27,657.27 points. Similarly, the Market Capitalization lost N20.16 billion representing an dip of 0.15%, to close at N13.46 trillion.

NCR & TRANSEXPR emerged the top gainers  while PRESCO emerged as top loser.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; PRESCO (-9.93%), UAC-PROP (-9.86%), UACN (-9.49%), NEM (-6.98%), OANDO (-5.00%), FCMB (-2.37%), ACCESS (-2.04%), FBNH (-1.77%), NB (-1.05%), WAPCO (-0.66%), DANGCEM (-0.26%), and GURANTY (-0.17%).

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MARKET STATISTICS  

CAP N13,463,439,541,587.95 One Day (ASI CHG) -0.15%
Index 27,657.27 One Week (ASI CHG) +0.30%
Volume 109,562,733 One Month (ASI CHG) -0.51%
Value N888,172,294.42 Six Months (ASI CHG) -11.18%
Deals 3,382 52 Weeks (ASI CHG) -15.01%
Gainers 18 Losers 24
Unchanged 57 Total 99
  YTD Returns -12.00%  

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira exchange remain unchanged to close at N306.95/$1, as against last Friday’s position.

The Investors and Exporters (I&E) FX window opened at N362.04, traded high at N364.00 and eventually closed at N362.21 representing a 0.05% appreciation against last Friday’s position. A total of $442.36 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 4.71%, representing a 2.86% appreciation against  last Friday’s position, while Open Buy-Back (OBB) rate closed at 4.00%, representing a 2.43% appreciation against last Friday’s position.

FIXED INCOME
Securities P. Close Close Change
Bond 1018.41 1021.58 +3.17 bps
T.Bills 585.77 579.68 -6.09 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD OTC market remain unchanged from last Friday’s closing position, as the Unlisted Securities Index (USI)  closed at 704.19  points. Similarly, the Market Capitalization closed at N505.91 billion as against last Friday’s position. However, aggregate volume declined by 50.89 % while the value grew by 125.19% as investors traded a total of 49,300 units of shares valued at N14.40 million in 5 deals.

NASD Daily Price List

 

Sector Performance      

Sector %    Change
NSE30 -0.19
BANKING 0.16
CONSUMER GOODS -0.16
INDUSTRIAL -0.24
INSURANCE -1.31
LOTUS ISLAMIC -0.57
OIL/GAS -0.25

Top 7 Gainers

Company Pclose Open Close Change % Change
TRANSEXPR 0.70 0.70 0.77 0.07 10.00
NCR 4.50 4.50 4.95 0.45 10.00
ETERNA 2.75 2.75 3.00 0.25 9.09
CUTIX 1.56 1.56 1.70 0.14 8.97
CORNERST 0.39 0.39 0.42 0.03 7.69
FO 16.00 16.00 17.20 1.20 7.50
CADBURY 10.95 10.95 11.60 0.65 5.94

Top 7 Losers               

Company Pclose Open Close Change % Change
PRESCO 44.80 44.80 40.35 -4.45 -9.93
UAC-PROP 1.42 1.42 1.28 -0.14 -9.86
VITAFOAM 4.29 4.29 3.87 -0.42 -9.79
NPFMCRFBK 1.25 1.25 1.13 -0.12 -9.60
UACN 7.90 7.90 7.15 -0.75 -9.49
LINKASSURE 0.56 0.56 0.51 -0.05 -8.93
RTBRISCOE 0.27 0.27 0.25 -0.02 -7.41

 Top 7 Traders By Volume 

Company Volume Value(₦) Current Price
FBNH                             20,286,834                       114,292,970 5.55
TRANSCORP                               9,829,243                         10,330,461 1.07
ACCESS                               9,698,550                         70,256,958 7.20
UACN                               5,811,604                         43,120,931 7.15
WAPIC                               4,644,050                           1,599,731 0.35
ZENITHBANK                               4,504,945                         84,517,982 19.00
JAPAULOIL                               3,959,126                              806,525 0.20

 Top 7 Traders By Value           

Company Volume Value(₦) Current Price
FBNH                             20,286,834                  114,292,969.55 5.55
DANGCEM                                  664,431                  102,858,329.10 154.60
ZENITHBANK                               4,504,945                    84,517,981.60 19.00
GUARANTY                               2,628,517                    76,153,446.65 28.95
ACCESS                               9,698,550                    70,256,958.35 7.20
NESTLE                                    45,595                    55,260,997.80 1210.10
NB                                  981,197                    51,193,572.15 52.00

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