Financial Market Summary – July 20th, 2018

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Equity Market Halts Downtrend, Gaining 0.37%.

The equity market recovered from its recent losing streak today as it gained 0.37%, halting the downtrend of four consecutive trading days. Market breadth closed negative, recording 22 gainers against 27 losers.

In summary, the All Share Index (ASI) increased by 133.39 absolute points, representing a growth of 0.37%, closing at 36,603.44 points. Similarly, the market capitalization rose by N48.32 billion, representing a growth of 0.37% closing at N13.26 trillion.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; CCNN (+8.26%), OANDO (+6.73%), FO (+3.33%), AIICO (+3.08%), FBNH (+2.84%), DANGCEM (+2.04%), NB (+1.80%), TRANSCORP (+0.86%), UNILEVER (+0.29%) and ZENITH (+0.22%).

 

Sector Performance

Sector %    Change
NSE30 0.09
BANKING -0.18
CONSUMER GOODS -0.97
INDUSTRIAL -0.21
INSURANCE -0.76
LOTUS ISLAMIC -0.52
OIL/GAS 0.96

Top 7 Gainers

Company Pclose Open Close Change % Change
CCNN 23.00 23.00 24.90 1.90 8.26
UNITYBNK 0.87 0.87 0.94 0.07 8.05
OANDO 5.20 5.20 5.55 0.35 6.73
LAWUNION 0.94 0.94 1.00 0.06 6.38
HMARKINS 0.27 0.27 0.28 0.01 3.70
FO 27.00 27.00 27.90 0.90 3.33
AIICO 0.65 0.65 0.67 0.02 3.08

Top 7 Losers

Company Pclose Open Close Change % Change
PRESCO 73.50 73.50 66.15 -7.35 -10.00
FIRSTALUM 0.41 0.41 0.37 -0.04 -9.76
THOMASWY 0.31 0.31 0.28 -0.03 -9.68
DANGSUGAR 19.50 19.50 17.70 -1.80 -9.23
JAPAULOIL 0.34 0.34 0.31 -0.03 -8.82
DUNLOP 0.23 0.23 0.21 -0.02 -8.70
NEIMETH 0.47 0.47 0.43 -0.04 -8.51

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
STERLNBANK                     317,002,213.00                 443,120,439.81 1.36
MEDVIEWAIR                     100,000,004.00                 214,000,008.20 2.14
ZENITHBANK                       64,927,161.00              1,493,643,880.05 23.00
LAWUNION                       50,065,000.00                   50,061,000.00 1.00
TRANSCORP                       28,917,469.00                   34,184,543.86 1.17
FIDELITYBK                         9,716,346.00                   18,380,637.22 1.88
GUARANTY                         9,097,378.00                 349,607,127.90 38.00

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                       64,927,161.00              1,493,643,880.05 23.00
STERLNBANK                     317,002,213.00                 443,120,439.81 1.36
GUARANTY                         9,097,378.00                 349,607,127.90 38.00
NB                         2,291,876.00                 245,258,417.20 107.50
MEDVIEWAIR                     100,000,004.00                 214,000,008.20 2.14
FO                         4,983,958.00                 137,462,563.35 27.90
NESTLE                              85,164.00                 121,434,825.70 1430.00

 

 

 

 

 

 

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