Financial Market Summary – Thursday, May 31st, 2018

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The Equity Market on Wednesday closed on a bearish note, shedding 1.30% to extend losing streak to ten consecutive days. Market breadth closed negative, recording 21 gainers against 26 losers.

In summary, the All Share Index (ASI) tumbled 501.87 absolute points, representing a decline of 1.30% to close at 38,104.54 points.  Similarly, the Market Capitalization plummeted N181.79 billion, representing a dip of 1.30% to close at N13.80 trillion.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; FO (-9.09%) ACCESS (-4.59%), NESTLE (-4.38%), UBN (-4.31%), STANBIC (-2.95%), ETI (-2.74) NB (-1.91%), FLOURMILL (-1.58%) GUARANTY (-1.22%), DANGCEM (-1.03%), OANDO (-0.73) and ZENITH (-0.39%).

SECTOR PERFORMANCE

 

Sector %    Change
NSE30 -1.53
BANKING -1.10
CONSUMER GOODS -2.59
INDUSTRIAL -2.13
INSURANCE 0.23
LOTUS ISLAMIC -1.77
OIL/GAS -0.34

 

 

TOP 7 GAINERS                                                                   Number of Gainers (21)

 

Company Pclose Open Close Change % Change
CCNN 24.20 25.40 26.65 2.45 10.12
FCMB 2.10 2.20 2.27 0.17 8.10
FBNH 9.60 10.00 10.15 0.55 5.73
UNILEVER 49.00 49.00 51.45 2.45 5.00
FIDELITYBK 1.81 1.90 1.90 0.09 4.97
ETERNA 5.75 6.03 6.03 0.28 4.87
WEMABANK 0.73 0.76 0.76 0.03 4.11

 

 

TOP 7 LOSERS                                                                     Number of Losers (26)

 

Company Pclose Open Close Change % Change
INTBREW 49.25 46.80 44.50 -4.75 -9.64
FO 40.70 38.70 37.00 -3.70 -9.09
OKOMUOIL 85.00 80.00 80.00 -5.00 -5.88
LIVESTOCK 0.81 0.84 0.77 -0.04 -4.94
CAVERTON 2.23 2.15 2.12 -0.11 -4.93
WAPCO 36.60 36.00 34.80 -1.80 -4.92
ACCESS 10.90 10.70 10.40 -0.50 -4.59

 

 

TOP 7 TRADERS BY VOLUME

 

Company Volume Value(₦) Current Price
ZENITHBANK                     127,192,453.00              3,261,714,722.45 25.50
GUARANTY                       74,004,801.00              3,008,657,652.35 40.50
UBA                       65,561,668.00                 700,760,591.60 10.80
STERLNBANK                       29,800,482.00                   36,333,048.60 1.30
FIDELITYBK                       20,214,931.00                   37,310,937.91 1.90
FBNH                       18,270,019.00                 181,671,703.15 10.15
JAPAULOIL                       17,549,982.00                     3,614,638.06 0.21

 

 

TOP 7 TRADERS BY VALUE

 

Company Volume Value(₦) Current Price
ZENITHBANK                     127,192,453.00              3,261,714,722.45 25.50
GUARANTY                       74,004,801.00              3,008,657,652.35 40.50
UBA                       65,561,668.00                 700,760,591.60 10.80
NB                         5,581,454.00                 607,709,902.00 107.90
DANGCEM                         2,337,956.00                 561,094,139.00 240.00
NESTLE                            228,488.00                 341,738,577.80 1472.50
STANBIC                         6,596,745.00                 303,996,352.85 46.10

 

 

 

 

 

 

 

 

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