Financial Market Summary – Thursday, 18th July, 2018

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Equity Market Extends Losing Streak, Sheds 0.76%.

The equity market closed lower at the end of trade today, shedding 0.76% to extend downtrend to four consecutive trading days. Market breadth closed negative, recording 20 gainers against 27 losers.

In summary, the All Share Index (ASI) was down by 278.13 absolute points, representing a dip of 0.76% to close at 36,470.05 points. Similarly, the market capitalization declined by N78.07 billion, representing a dip of 0.76% to close at N13.21 trillion.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; CADBURY (-6.09%), JAPAULOIL (-5.56%), NESTLE (-5.55%), FBNH (-4.86%), ZENITH (-4.18%), AIICO (-2.99%), NB (-2.22%), UBA (-2.02%) and PZ (-0.59%).

Sector Performance

Sector %    Change
NSE30 -0.97
BANKING 0.15
CONSUMER GOODS -2.50
INDUSTRIAL 0.00
INSURANCE 0.23
LOTUS ISLAMIC -0.87
OIL/GAS 1.19

Top 7 Gainers                                                                                     Number of Gainers (20)

Company Pclose Open Close Change % Change
WEMABANK 0.62 0.62 0.68 0.06 9.68
OANDO 4.75 4.75 5.20 0.45 9.47
LINKASSURE 0.73 0.73 0.79 0.06 8.22
NIGERINS 0.25 0.25 0.27 0.02 8.00
DANGSUGAR 18.30 18.30 19.50 1.20 6.56
ETERNA 6.50 6.50 6.90 0.40 6.15
AFRIPRUD 4.00 4.00 4.20 0.20 5.00

Top 7 Losers                                                                                      Number of Losers (27)

Company Pclose Open Close Change % Change
ETRANZACT 4.55 4.55 4.10 -0.45 -9.89
LIVESTOCK 0.75 0.75 0.68 -0.07 -9.33
TANTALIZER 0.23 0.23 0.21 -0.02 -8.70
UNITYBNK 0.94 0.94 0.87 -0.07 -7.45
CAPOIL 0.27 0.27 0.25 -0.02 -7.41
UNIONDAC 0.27 0.27 0.25 -0.02 -7.41
SOVRENINS 0.29 0.29 0.27 -0.02 -6.90

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
GUARANTY                       78,361,111.00              2,977,296,117.00 38.00
MEDVIEWAIR                       50,000,000.00                 102,245,000.00 2.08
ZENITHBANK                       26,513,650.00                 608,966,910.15 22.95
TRANSCORP                       24,391,597.00                   28,698,793.50 1.16
FBNH                       19,245,278.00                 171,896,152.30 8.80
ACCESS                         6,746,490.00                   67,652,051.95 10.10
UCAP                         5,835,660.00                   18,107,519.35 3.15

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                       78,361,111.00              2,977,296,117.00 38.00
ZENITHBANK                       26,513,650.00                 608,966,910.15 22.95
NB                         2,839,236.00                 305,359,971.50 105.60
FBNH                       19,245,278.00                 171,896,152.30 8.80
MEDVIEWAIR                       50,000,000.00                 102,245,000.00 2.08
DANGSUGAR                         5,277,219.00                 102,145,848.95 19.50
ACCESS                         6,746,490.00                   67,652,051.95 10.10

 

 

 

 

 

 

 

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