Equity Market dips further, sheds 0.22%

190 Views

The equity market today ended the last trading session of the week lower, shedding 0.22% and extending yesterday’s loss. This was driven by losses experienced in the Banking, Consumer Goods,  Industrial and Insurance sectors. Market breadth closed negative, recording 9 gainers and 19 losers.

NSE Trading Floor

The All Share Index (ASI) shed 68.07 absolute points, representing a decrease of 0.22%, to close at 31,142.72 points. Similarly, Market Capitalization lost N25.39billion representing a decline of 0.22%, to close at N11.61trillion.

ROYALEX emerged the top gainer while IKEJAHOTEL emerged as the top loser.

The downtrend was impacted by losses recorded in medium and large capitalized stocks, amongst which are; STERLNBANK (-7.60%), UCAP (-6.67%), FCMB (-5.61%), UBA(-2.61%), ACCESS(-2.52%), FIDELITY(-1.83%), ETI(-1.10%), DANGFLOUR(-0.97%), ZENITHBANK (-0.90%), FLOURMILL(-0.52%)   and WAPCO (-0.39%).

Click here for more on NSE Daily Price List

 

 

MARKET STATISTICS

CAP N11,613,601,623,630.88 One Day (ASI CHG) -0.22
Index 31,142.72 One Week (ASI CHG) -2.45
Volume 209,618,619 One Month (ASI CHG) -4.81
Value N3,329,096,436.88 Six Months (ASI CHG) -3.67
Deals 3,022 52 Weeks (ASI CHG) -26.18
Gainers 9 Losers 19
Unchanged 73 Total 101
  YTD Returns -0.92  

 

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 N360.10, traded high at N363.50 and eventually closed at N360.18, representing a 0.05% appreciation against yesterdays closing position. A total of $308.66 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 11.67%, representing a 0.08% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 11.17%, representing a 0.50% appreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 886.41 886.7 -0.29 bps
T.Bills 567.88 559.08 +8.80bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance       

Sector %    Change
NSE30 -0.19
BANKING -0.80
CONSUMER GOODS -0.03
INDUSTRIAL -0.05
INSURANCE -0.22
LOTUS ISLAMIC +0.08
OIL/GAS +0.32

    

Top 7 Gainers        

COMPANY PCLOSE OPEN CLOSE CHANGE %CHANGE
ROYALEX 0.32 0.32 0.35 0.03 9.38
JAIZBANK 0.51 0.51 0.54 0.03 5.88
NEIMETH 0.65 0.65 0.67 0.02 3.08
UBN 6.85 6.85 7.00 0.15 2.19
OANDO 5.75 5.75 5.85 0.10 1.74
TRANSCORP 1.23 1.23 1.25 0.02 1.63
CUSTODIAN 6.00 6.00 6.05 0.05 0.83

Top 7 Losers       

COMPANY PCLOSE OPEN CLOSE CHANGE %CHANGE
IKEJAHOTEL 2.30 2.30 2.07 -0.23 -10.00
STERLNBANK 2.50 2.50 2.31 -0.19 -7.60
UCAP 3.00 3.00 2.80 -0.20 -6.67
AFRIPRUD 4.05 4.05 3.80 -0.25 -6.17
FCMB 1.96 1.96 1.85 -0.11 -5.61
MBENEFIT 0.25 0.25 0.24 -0.01 -4.00
FIRSTALUM 0.29 0.29 0.28 -0.01 -3.45

Top 7 Traders By Volume     

COMPANY PCLOSE   VOLUME    VALUE 
FBNH 8.20         39,958,100   327,034,289.30
ZENITHBANK 22.20         39,600,019   877,857,056.50
UBA 7.65         24,037,839   181,946,970.80
GUARANTY 35.40         23,908,441   842,936,445.65
ACCESS 5.95         17,573,824   100,230,891.90
TRANSCORP 1.23         11,615,946     14,480,431.34
FCMB 1.96         11,035,999     20,749,009.30

Top 7 Traders By Value        

COMPANY PCLOSE   VOLUME     VALUE  
ZENITHBANK 22.20         39,600,019   877,857,056.50
GUARANTY 35.40         23,908,441   842,936,445.65
NESTLE 1545.00              298,755   459,966,508.90
FBNH 8.20         39,958,100   327,034,289.30
UBA 7.65         24,037,839   181,946,970.80
STANBIC 48.00           2,690,180   129,339,491.25
DANGCEM 190.00              541,872   103,089,249.90

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *