Equity Market sheds 0.48%, reversing yesterdays gain

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The equity market today shed 0.48%, reversing yesterdays gain. This was driven by losses experienced in the Banking and Industrial sectors. Market breadth closed negative, recording 9 gainers and 20 losers.

NSE Trading Floor

The All Share Index (ASI) shed 149.49 absolute points, representing a decrease of 0.48%, to close at 31,210.79 points. Similarly, Market Capitalization lost N55.75billion representing a decline of 0.48%, to close at N11.64trillion.

MCNICHOLS emerged the top gainer while LEARNAFRICA emerged as the top loser.

The downtrend was impacted by losses recorded in medium and large capitalized stocks, amongst which are; ETERNA (-8.33%), MAYBAKER (-2.92%), FCMB (-2.00%), FBNH(-1.20%), DANGCEM(-1.04%), FIDELITY(-0.91%), ZENITHBANK(-0.89%), GUARANTY(-0.84%), ACCESS (-0.83%), UCAP(-0.66%)   and NESTLE (-0.32%).

Click here for more on NSE Daily Price List

 

 

MARKET STATISTICS

CAP N11,638,985,580,980.58 One Day (ASI CHG) -0.48
Index 31,210.79 One Week (ASI CHG) -2.50
Volume 177,630,694 One Month (ASI CHG) -3.83
Value N2,559,695,514.09 Six Months (ASI CHG) -3.45
Deals 2,635 52 Weeks (ASI CHG) -27.14
Gainers 9 Losers 20
Unchanged 74 Total 103
  YTD Returns -0.70  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed unchanged at N306.95 against yesterdays closing position.

The Investors and Exporters (I&E) FX window opened at N360.57, traded high at N361.35 and eventually closed at N360.36, representing a 0.02% depreciation against yesterdays closing position. A total of $307.48 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 11.58%, representing a 1.58% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 10.67%, representing a 1.25% appreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 892.82 886.41 +6.41 bps
T.Bills 573.34 567.88 +5.46 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance       

Sector %    Change
NSE30 -0.36
BANKING -0.37
CONSUMER GOODS 0.00
INDUSTRIAL -0.52
INSURANCE +0.49
LOTUS ISLAMIC -0.41
OIL/GAS +0.13

    

Top 7 Gainers        

COMPANY PCLOSE OPEN CLOSE CHANGE %CHANGE
MCNICHOLS 0.52 0.52 0.57 0.05 9.62
DANGFLOUR 9.5 9.5 10.3 0.8 8.42
IKEJAHOTEL 2.13 2.13 2.3 0.17 7.98
STERLNBANK 2.36 2.36 2.5 0.14 5.93
NEM 2.38 2.38 2.5 0.12 5.04
REGALINS 0.24 0.24 0.25 0.01 4.17
LINKASSURE 0.58 0.58 0.6 0.02 3.45

Top 7 Losers       

COMPANY PCLOSE OPEN CLOSE CHANGE %CHANGE
LEARNAFRCA 1.45 1.45 1.31 -0.14 -9.66
TRANSCOHOT 5.95 5.95 5.40 -0.55 -9.24
LAWUNION 0.56 0.56 0.51 -0.05 -8.93
ETERNA 4.80 4.80 4.40 -0.40 -8.33
LASACO 0.33 0.33 0.31 -0.02 -6.06
MAYBAKER 2.40 2.40 2.33 -0.07 -2.92
AIICO 0.73 0.73 0.71 -0.02 -2.74

Top 7 Traders By Volume     

COMPANY PCLOSE  VOLUME   VALUE 
ZENITHBANK 22.40          80,784,438     1,800,891,823.05
STERLNBANK 2.36          16,801,720          41,873,994.70
FCMB 2.00          12,133,860          23,817,632.98
GUARANTY 35.70            6,399,662        228,242,926.25
FIDELITYBK 2.20            5,985,315          13,128,728.28
UBA 7.55            5,863,072          44,810,162.10
JAIZBANK 0.52            4,597,368             2,323,709.58

Top 7 Traders By Value        

COMPANY PCLOSE  VOLUME   VALUE 
ZENITHBANK 22.40          80,784,438     1,800,891,823.05
GUARANTY 35.70            6,399,662        228,242,926.25
NESTLE 1549.90                  70,813        109,369,007.50
INTBREW 24.05            2,248,047          54,443,720.35
UBA 7.55            5,863,072          44,810,162.10
STERLNBANK 2.36          16,801,720          41,873,994.70
FBNH 8.30            4,207,499          34,522,136.85

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