Financial Market Summary – Monday, 2nd July, 2018

286 Views

Zenith Bank and 20 others drag Market to  0.87% loss.

The equity market closed negative today, shedding 0.87%. Market breadth closed negative, recording 16 gainers against 21 losers.

In summary, the All Share Index (ASI) declined by 331.63 absolute points, representing a dip of 0.87% to close at 37,946.92 points. Similarly, the market capitalization was down by N120.13 billion, representing a dip of 0.87% to close at N13.75 trillion.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; FO (-9.74%), HONEYFLOUR (-9.61%), FIDELITY BANK (-4.35%), FCMB (-4.13%), DANGCEM (-2.14%), ETERNA (-1.93%), UBN (-1.64%), ZENITH (-1.60%), GUARANTY  (-1.23%), and NB (-0.96%).

Sector Performance

Sector %    Change
NSE30 -0.76
BANKING -1.02
CONSUMER GOODS -0.11
INDUSTRIAL -1.04
INSURANCE -0.07
LOTUS ISLAMIC -0.15
OIL/GAS 0.77

Top 7 Gainers                                                                                          Number Gainers (16)

Company Pclose Open Close Change % Change
AIICO 0.61 0.61 0.67 0.06 9.84
CILEASING 2.07 2.07 2.27 0.20 9.66
UNITYBNK 0.97 0.97 1.06 0.09 9.28
MOBIL 183.00 183.00 199.90 16.90 9.23
UPL 2.33 2.33 2.49 0.16 6.87
NEIMETH 0.57 0.57 0.59 0.02 3.51
VERITASKAP 0.29 0.29 0.30 0.01 3.45

Top 7 Losers                                                                                           Number of Losers (21)

Company Pclose Open Close Change % Change
FO 32.85 32.85 29.65 -3.20 -9.74
HONYFLOUR 2.29 2.29 2.07 -0.22 -9.61
CORNERST 0.35 0.35 0.32 -0.03 -8.57
DAARCOMM 0.48 0.48 0.44 -0.04 -8.33
JAPAULOIL 0.36 0.36 0.33 -0.03 -8.33
MCNICHOLS 0.98 0.98 0.90 -0.08 -8.16
MBENEFIT 0.37 0.37 0.34 -0.03 -8.11

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
STERLNBANK                     100,355,111.00                 138,496,448.32 1.40
FBNH                       23,701,187.00                 251,112,927.05 10.60
WEMABANK                       16,895,702.00                   12,366,448.76 0.73
UBA                       12,566,746.00                 131,790,128.40 10.50
MCNICHOLS                       11,763,625.00                   10,588,328.00 0.90
CILEASING                       11,756,004.00                   26,232,899.10 2.27
TRANSCORP                       11,620,435.00                   15,906,494.00 1.34

Top 7 Traders By Value

Company Volume Value(₦) Current Price
DANGCEM                         1,708,073.00                 384,299,978.60 224.10
FBNH                       23,701,187.00                 251,112,927.05 10.60
GUARANTY                         5,924,025.00                 236,856,156.50 40.00
ZENITHBANK                         8,779,476.00                 218,157,039.70 24.60
STERLNBANK                     100,355,111.00                 138,496,448.32 1.40
UBA                       12,566,746.00                 131,790,128.40 10.50
ACCESS                         5,216,484.00                   53,767,353.65 10.35

You may also like...

Leave a Reply

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