Equity market sheds 0.26%, ends bullish run

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The Equity market began the new week shedding 0.26% and halting previous four trading days bullish run. The market breadth closed negative, recording 10 gainers and 30 losers.

NSE Trading Floor

The All Share Index (ASI) declined by 82.39 absolute points, representing a decrease of 0.26%, to close at 31,344.24 points. Similarly, Market Capitalization decrease by N30.73 billion representing a decline of 0.26%, to close at N11.69 trillion.

NPF MICROFINANCE BANK emerged the top gainers while BERGER emerged the top loser.

The decline was impacted by losses recorded in medium and large capitalized stocks, amongst which are; FIDELITYBK (-5.60%), DANGFLOUR (-4.62%), SEPLAT (-3.70%), ACCESS (-2.31%), HONYFLOUR (-1.52%), DANGSUGAR (-1.38%), DIAMONDBNK (-1.30%) GUARANTY (-0.72%),  and FBNH (-0.65%).

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MARKET STATISTICS

CAP N11,688,424,169,307.89 One Day (ASI CHG) -0.26
Index 31,344.24 One Week (ASI CHG) +1.99
Volume 222,687,900 One Month (ASI CHG) +0.99
Value N1,843,286,393.97 Six Months (ASI CHG) -14.45
Deals 4,150 52 Weeks (ASI CHG) -28.39
Gainers 10 Losers 30
Unchanged 65 Total 105
  YTD Returns -0.27  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate  closed at N306.75 representing a 0.02% appreciation against yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N362.88, traded high at N364.00 and eventually closed at N362.75, representing a 0.08% depreciation against yesterday’s closing price. A total of $283.36million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 17.31%, representing a 4.31% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 16.07% representing a 3.99%  appreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 848.10 851.51 +3.41 bps
T.Bills 475.59 611.37 +135.78 bps
Note: BPS=> Basis Points

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Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 -0.37
BANKING -0.50
CONSUMER GOODS -0.17
INDUSTRIAL 0.01
INSURANCE -1.14
LOTUS ISLAMIC 0.08
OIL/GAS -0.40

Top 7 Gainers

Company Pclose Open Close Change % Change
NPFMCRFBK 1.46 1.46 1.6 0.14 9.59
UNIONDAC 0.27 0.27 0.29 0.02 7.41
OANDO 4.85 4.85 5.1 0.25 5.15
UPL 2 2 2.1 0.10 5.00
TOTAL 214.5 214.5 223.3 8.80 4.10
LAWUNION 0.5 0.5 0.51 0.01 2.00
ZENITHBANK 23.00 23.00 23.45 0.45 1.96

Top 7 Losers

Company Pclose Open Close Change % Change
BERGER 7.75 7.75 7 -0.75 -9.68
CHIPLC 0.35 0.35 0.32 -0.03 -8.57
MCNICHOLS 0.39 0.39 0.36 -0.03 -7.69
AGLEVENT 0.31 0.31 0.29 -0.02 -6.45
ROYALEX 0.31 0.31 0.29 -0.02 -6.45
AIICO 0.71 0.71 0.67 -0.04 -5.63
FIDELITYBK 2.5 2.42 2.36 -0.14 -5.60

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FIDELITYBK                       23,769,933.00                   56,662,975.20 2.36
UBA                       21,891,034.00                 162,024,311.20 7.35
DIAMONDBNK                       21,208,479.00                   48,479,901.13 2.28
TRANSCORP                       20,843,248.00                   26,338,372.96 1.25
FCMB                       20,119,113.00                   42,468,192.52 2.14
ZENITHBANK                       17,568,015.00                 399,307,561.10 23.45
ACCESS                       14,935,079.00                   94,165,270.35 6.35

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                       14,281,850.00                 487,924,382.80 34.25
ZENITHBANK                       17,568,015.00                 399,307,561.10 23.45
UBA                       21,891,034.00                 162,024,311.20 7.35
NESTLE                            107,637.00                 156,242,197.70 1450.00
ACCESS                       14,935,079.00                   94,165,270.35 6.35
FIDELITYBK                       23,769,933.00                   56,662,975.20 2.36
SEPLAT                              97,997.00                   51,037,651.90 520.00

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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