Financial Market Summary – Friday, 13th July 2018.

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Equity Market Reverses Downtrend, Gains 0.45%.

The equity market closed higher today, gaining 0.45% to reverse downtrend of three consecutive trading days. Market breadth closed negative, recording 17 gainers against 26 losers.

In summary, the All Share Index (ASI) increased by 166.33 absolute points, representing a growth of 0.45% to close at 37,226.44 points. Similarly, the market capitalization rose by N60.25 billion, representing a growth of 0.45% to close at N13.49 trillion.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; WAPCO (+8.70%), UBN (+3.45%), DANGSUGAR (+2.94%), HONEYFLOUR (+2.62%), SEPLAT (+2.36%), NESTLE (+1.80%), ACCESS (+1.49%), GUARANTY (+0.63%), GUINNESS (+0.46%) and UCAP (+0.32%).

 

Top 7 Gainers                                                                   Number of Gainers (17)

Company Pclose Open Close Change % Change
SOVRENINS  0.21 0.21 0.23 0.02 9.52
WAPCO  34.50 34.50 37.50 3.00 8.70
CILEASING  2.31 2.31 2.48 0.17 7.36
CAP  35.00 35.00 37.00 2.00 5.71
UBN [BLS] 5.80 5.80 6.00 0.20 3.45
UNITYBNK [AWR] 1.00 1.00 1.03 0.03 3.00
DANGSUGAR  17.00 17.00 17.50 0.50 2.94

 

Top 7 Losers                                                                     Number of Losers (26)

Company Pclose Open Close Change % Change
CUSTODIAN  6.80 6.80 6.12 -0.68 -10.00
TANTALIZER  0.30 0.30 0.27 -0.03 -10.00
MCNICHOLS  0.81 0.81 0.73 -0.08 -9.88
CADBURY  12.30 12.30 11.15 -1.15 -9.35
CAPOIL  0.33 0.33 0.30 -0.03 -9.09
MBENEFIT  0.37 0.37 0.34 -0.03 -8.11
UNIONDAC  0.38 0.38 0.35 -0.03 -7.89

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ACCESS                        84,879,654.00                 864,655,796.00 10.20
DANGSUGAR                        15,211,550.00                 272,590,512.75 17.50
SOVRENINS                        14,660,472.00                     3,270,093.74 0.23
FBNH                        12,087,035.00                 125,495,090.50 10.40
UBA                          6,552,439.00                   65,594,088.75 10.00
STERLNBANK                          5,863,131.00                     8,558,923.26 1.46
FIDELITYBK                          5,824,934.00                   12,193,684.95 2.07

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ACCESS                        84,879,654.00                 864,655,796.00 10.20
NB                          3,698,394.00                 406,892,495.00 110.00
SEPLAT                             465,495.00                 302,496,010.00 650.00
NESTLE                             205,361.00                 299,579,143.40 1527.00
DANGSUGAR                        15,211,550.00                 272,590,512.75 17.50
DANGCEM                             993,630.00                 225,564,612.70 227.00
GUINNESS                          1,767,543.00                 172,294,317.45 97.50

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