Gains in Consumer Goods Unable to Offset Market Negative Sentiment as NGX-ASI shed 0.40%

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NGX

Transactions on Customs street closed the first trading session of the week on a negative note as profit-taking dominated all the major sectors except Consumer Goods (+1.17%) and Insurance (+0.84%) sectors. Consequently NGX-ASI decreased by 0.40%. However, the market breadth closed positively, recording 21 gainers as against 18 losers.

 

Nigerian Stock Exchange 2was

NSE Trading Floor

In summary, the All-Share Index (ASI) dipped by 158.98 absolute points, representing a decline of 0.40%, to close at 39,326.67 points. Similarly, the overall Market Capitalization value shed 82.83 billion, representing a decrease of 0.40% to close at N20.49 trillion.

HONYFLOUR emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of +9.86%, while CHAMPION emerged as the top loser (by percentage points) with a maximum price depreciation of -7.73%.

Today’s market negative performance was driven by price depreciation in large and medium capitalized stocks which are; ETERNA (-7.20%), LINKASSURE (-6.45%), OANDO (-5.00%), CAVERTON (-4.86%), ETI (-3.67%), DANGCEM  (-2.64%), TRANSCORP (-2.17%), REGALINS (-2.08%), UNITYBK (-1.67%), NEM (-1.53%), NNFM (-1.35%), ACCESS (-1.10%), FCMB (-0.65%), ZENITHBANK (-0.61%), NEIMETH (-0.50%), FIDELITYBK (-0.42%), and  GTCO (-0.18%)

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MARKET STATISTICS

CAP N20,489,835,145,218.08 One Day (ASI CHG) -0.40%
Index 39,326.67 One Week (ASI CHG) -0.27%
Volume 301,014,307 One Month (ASI CHG) +2.02%
Value N1,535,431,439.55 Six Months (ASI CHG) -1.19%
Deals 4,715 52 Weeks (ASI CHG) +55.38%
Gainers 21 Losers 18
Unchanged 65 Total 104
YTD Returns -2.34%

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI -0.4
NGX30 -0.44
NGXBNK -0.15
NGXCNSMRGDS 1.17
NGXINDUSTR -1.43
NGXINS 0.84
NGXLOTUSISLM -0.43
NGXOILGAS -1.15

Top 7 Gainers

Security  Previous Close  Open Price  Close Price  Change Price  % Change
HONYFLOUR          3.55                   3.55                     3.90         0.35         9.86
UPDC          1.83                   1.83                     2.01         0.18         9.84
ABCTRANS          0.33                   0.33                     0.36         0.03         9.09
PRESCO        73.00                 73.00                   79.50         6.50         8.90
FTNCOCOA          0.48                   0.48                     0.52         0.04         8.33
LIVESTOCK          2.17                   2.19                     2.34         0.17         7.83
CHIPLC          0.56                   0.56                     0.60         0.04         7.14

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
CHAMPION 2.20 2.20 2.03 -0.17 -7.73
ETERNA 7.50 7.50 6.96 -0.54 -7.20
LINKASSURE 0.62 0.62 0.58 -0.04 -6.45
OANDO 4.80 4.80 4.56 -0.24 -5.00
CAVERTON 1.85 1.85 1.76 -0.09 -4.86
ETI 5.45 5.45 5.25 -0.20 -3.67
DANGCEM 249.60 249.60 243.00 -6.60 -2.64

Top 7 Traders By Volume

Security Close Price  Daily Volume  Daily Value
TRANSCORP          0.90        51,690,635     46,840,398.53
HONYFLOUR          3.90        43,733,069   167,913,526.26
CHIPLC          0.60        17,606,438     10,631,882.87
OANDO          4.56        16,118,706     71,450,045.85
UPDC          2.01        15,113,606     29,913,281.84
CHAMPION          2.03        12,567,063     25,825,997.36
LIVESTOCK          2.34        12,374,446     27,863,212.40

Top 7 Traders By Value

Security Close Price  Daily Volume  Daily Value
ZENITHBANK 24.25          9,078,860   220,259,928.15
MTNN 172.50          1,028,128   176,840,478.90
HONYFLOUR 3.90        43,733,069   167,913,526.26
GTCO 27.50          5,163,925   142,459,135.40
OANDO 4.56        16,118,706     71,450,045.85
ACCESS 9.00          7,766,827     70,195,042.15
DANGCEM 243.00             266,372     64,949,108.00

 

 

FMDQ

 

SYSTEM LIQUIDITY INDICATOR 30082021The overnight (O/N) rate closed at 7.17% on Monday (30/08/2021), depreciating by 1.33% against Friday’s position.  Open Buy-Back (OBB) rate closed at 6.50% on Monday (30/08/2021), depreciating by 1.83% against Thursday’s position.

FOREIGN EXCHANGE 30082021The I&E FX window traded high and low at N41500 and N400.00 respectively on Monday (30/08/2021) and eventually closed at N411.63, appreciating by 0.09% against Friday’s position. Also, at the BDC, the naira closed on Moday (30/08/2021) at N525, remaining against Friday’s position.

FOREIGN RESERVE 30082021 1

Nigeria’s foreign reserve appreciated by $90.52 million to $33.66 billion on (30/08/2021) from $33.57 billion on (27/08/2021).

CRUDE OIL 30082021

The Brent crude and WTI crude appreciated by $0.53 and $0.47 to $72.23 and $69.21 on (30/08/2021) from $71.70 and $68.74 on (27/08/2021), representing a rise of 0.74% and 0.68% respectively.

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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