Financial Market Summary – Tuesday, 24th July, 2018

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Equity Market Halts two days Gains, Sheds 0.70%.

The equity market closed lower today as it shed 0.70%, halting uptrend of two consecutive trading days. Market breadth closed negative, recording 16 gainers against 29 losers.

In summary, the All Share Index (ASI) was down by 256.72 absolute points, representing a dip of 0.70%, closing at 36,455.24 points. Similarly, the market capitalization decreased by N93.00 billion, representing a dip of 0.70% closing at N13.21 trillion.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; WAPCO (-10.00%), PRESCO (-9.98%), PZ (-9.82%), HONEYFLOUR (-9.47%), TRANSCORP (-6.56%), DANGSUGAR (-3.95%), NASCON (-3.85%), OANDO (-2.91%), NB (-2.31%), GUINNESS (-1.03%), ETI (-0.97%) and DANGCEM (-0.42%).

Sector Performance

Sector %    Change
NSE30 -0.91
BANKING -0.32
CONSUMER GOODS -0.69
INDUSTRIAL -3.88
INSURANCE 0.18
LOTUS ISLAMIC -0.72
OIL/GAS -0.45

 

Top 7 Gainers                                                                                     Number of Gainers (16)

Company Pclose Open Close Change % Change
CUTIX 3.30 3.63 3.63 0.33 10.00
CUSTODIAN 5.55 5.55 6.10 0.55 9.91
WAPIC 0.42 0.42 0.44 0.02 4.76
CCNN 24.90 24.90 26.00 1.10 4.42
REGALINS 0.24 0.24 0.25 0.01 4.17
WEMABANK 0.73 0.73 0.75 0.02 2.74
DANGFLOUR 8.90 8.90 9.05 0.15 1.69

 

Top 7 Losers                                                                                       Number of Losers (29)

Company Pclose Open Close Change % Change
BETAGLAS 81.00 81.00 72.90 -8.10 -10.00
WAPCO 32.50 32.50 29.25 -3.25 -10.00
PRESCO 66.15 66.15 59.55 -6.60 -9.98
PZ 16.80 16.80 15.15 -1.65 -9.82
FCMB 2.00 2.00 1.81 -0.19 -9.50
HONYFLOUR 1.90 1.90 1.72 -0.18 -9.47
FIDELITYBK 1.90 1.90 1.72 -0.18 -9.47

 

Top 7 Traders By  Volume

Company Volume Value(₦) Current Price
MEDVIEWAIR                     100,006,000.00                 210,513,200.00 2.14
TRANSCORP                       45,500,654.00                   54,289,927.39 1.14
ZENITHBANK                       42,715,866.00                 988,524,386.95 23.10
FBNH                       36,013,731.00                 332,346,191.30 9.20
ACCESS                       20,510,427.00                 205,873,109.70 10.00
GUARANTY                       14,046,949.00                 545,510,453.60 39.00
UBA                       10,969,129.00                 101,262,063.95 9.15

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                       42,715,866.00                 988,524,386.95 23.10
GUARANTY                       14,046,949.00                 545,510,453.60 39.00
DANGCEM                         2,125,440.00                 499,354,524.20 235.00
FBNH                       36,013,731.00                 332,346,191.30 9.20
NB                         2,508,996.00                 267,262,215.80 105.50
NESTLE                            145,448.00                 210,868,689.10 1450.00
MEDVIEWAIR                     100,006,000.00                 210,513,200.00 2.14

 

 

 

 

 

 

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