Financial Market Summary – Wednesday, 11th July, 2018

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Equity Market Sustains Downtrend, Posts 0.45% Loss

The equity market closed lower at the end of trade today, sustaining yesterday’s negative sentiment as Dangote Cement, Access bank and 10 others dragged the market to shed 0.45%. Market breadth closed negative, recording 12 gainers against 27 losers.

In summary, the All Share Index (ASI) decreased by 169.59 absolute points, representing a dip of 0.45% to close at 37,253.25 points. Similarly, the market capitalization was down by N60.77 billion, representing a dip of 0.45% to close at N13.50 trillion.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; JBERGER (-10.00%), WAPCO (-5.17%), FCMB (-2.33%), UBA (-0.97%), ACCESS (-0.95%), DANGCEM (-0.88%), FLOURMILL (-0.81%) and GUARANTY (-0.12%).

 

Sector Performance

Sector %    Change
NSE30 -0.37
BANKING 0.01
CONSUMER GOODS -0.46
INDUSTRIAL -2.34
INSURANCE -0.96
LOTUS ISLAMIC 0.18
OIL/GAS 1.73

 

 

Top 7 Gainers                                                                                    Number of Gainers (17)

Company Pclose Open Close Change % Change
CUSTODIAN 5.70 5.70 6.27 0.57 10.00
MCNICHOLS 0.81 0.81 0.89 0.08 9.88
MOBIL 165.00 165.00 180.50 15.50 9.39
EQUITYASUR 0.22 0.22 0.24 0.02 9.09
WAPIC 0.45 0.45 0.48 0.03 6.67
FO 29.85 29.85 31.30 1.45 4.86
REGALINS 0.25 0.25 0.26 0.01 4.00

 

 

Top 7 Losers                                                                                      Number of Losers (25)

Company Pclose Open Close Change % Change
JBERGER 30.00 30.00 27.00 -3.00 -10.00
THOMASWY 0.34 0.34 0.31 -0.03 -8.82
LINKASSURE 0.80 0.80 0.73 -0.07 -8.75
SOVRENINS 0.24 0.24 0.22 -0.02 -8.33
JAPAULOIL 0.36 0.36 0.33 -0.03 -8.33
DUNLOP 0.25 0.25 0.23 -0.02 -8.00
MBENEFIT 0.40 0.40 0.37 -0.03 -7.50

 

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ACCESS                     116,019,619.00              1,206,596,202.90 10.40
ZENITHBANK                       41,052,975.00                 999,001,452.80 24.40
TRANSCORP                       23,725,521.00                   29,141,302.10 1.23
GUARANTY                       14,653,358.00                 588,853,434.90 40.05
FBNH                       12,427,960.00                 129,840,727.05 10.50
FCMB                         6,704,161.00                   14,107,173.13 2.10
AIICO                         6,380,997.00                     4,319,297.99 0.68

 

 

Top 7 Traders BY Value

Company Volume Value(₦) Current Price
ACCESS                     116,019,619.00              1,206,596,202.90 10.40
ZENITHBANK                       41,052,975.00                 999,001,452.80 24.40
GUARANTY                       14,653,358.00                 588,853,434.90 40.05
DANGCEM                            957,630.00                 216,911,951.60 225.00
FBNH                       12,427,960.00                 129,840,727.05 10.50
NESTLE                              78,175.00                 111,223,747.00 1500.00
BETAGLAS                            701,163.00                   63,104,670.00 90.00

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