Gains in Industrial goods sector failed to sustain previous positive sentiment, as NSE-ASI shed 0.15%

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The Nigerian equity market today (Friday) ended the trading week on a negative note, shedding  0.15% to reverse the previous day positive momentum. The downtrend was supported by profit taking on some bellwether stocks like MTNN, ACCESS, WAPCO and 20 others. However, the market breadth closed on a negative note, recording 23 losers as against 11 gainers.

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 37.13 absolute points, representing a dip of 0.15% to close at 25,199.84 points. Similarly, the overall Market Capitalization size gained N19.37 billion, representing a contraction of 0.15% to close at N13.15 trillion

CILEASING emerged as the top gainer while NNFM emerged as the top loser.

The downturn was impacted by loses recorded in large and medium capitalized stocks, amongst which are; JAPAULOIL (-4.76%), FIDELITYBK (-4.76%), WAPIC (-2.94%), ACCESS (-1.54%), FBNH (-0.99%), WAPCO (-0.84%), FLOURMILL (-0.76%), MTNN (-0.42%) and ZENITHBANK (-0.30%).

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MARKET STATISTICS

CAP N13,145,789,551,693.03 One Day (ASI CHG) -0.15%
Index 25,199.84 One Week (ASI CHG) +0.63%
Volume 482,518,333 One Month (ASI CHG) +4.43%
Value N4,524,421,447.27 Six Months (ASI CHG) -9.56%
Deals 3,897 52 Weeks (ASI CHG) -6.95%
Gainers 11 Losers 23
Unchanged 60 Total 95
YTD -6.12%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window today (Friday) closed at 381.00/$1, unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N386.33, traded high at N387.00, and eventually closed at N385.83, representing a 0.04% depreciation against the previous day’s closing position. A total of $41.48 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate today (Friday) closed at 19.80%, representing a 16.01% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 17.60%, representing a 14.60% depreciation against the previous day’s position.

 

FIXED INCOME
Securities Close P. Close Change
Bond 344.83 345.72 -0.89 bps
T.Bills 150.39 156.38 -5.99 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

 The NASD OTC market today (Friday) closed as the Unlisted Securities Index (USI) closed at 713.46, representing a 0.01% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N40 million, to closed at N524.08 billion, representing a 0.01% appreciation against the previous day’s closing position. However, the aggregate volume and value decreased by 97.96% and 92.83% respectively, as investors traded a total of 10,500 shares, worth N1.33 million in 2 deal.

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Sector Performance

Sector % Change
NSE30 -0.15
BANKING -0.19
CONSUMER GOODS -0.68
INDUSTRIAL 0.24
INSURANCE -0.55
LOTUS ISLAMIC -0.11
OIL/GAS 0.00

 

 

Top 7 Gainers

Company Pclose Open Close Change % Change
CILEASING 4.00 4.00 4.40 0.40 10.00
LASACO 0.24 0.24 0.26 0.02 8.33
FIDSON 3.53 3.53 3.70 0.17 4.82
CUTIX 1.75 1.75 1.80 0.05 2.86
REDSTAREX 3.65 3.65 3.75 0.10 2.74
LINKASSURE 0.38 0.38 0.39 0.01 2.63
STERLNBANK 1.15 1.15 1.18 0.03 2.61

 

 

Top 7 Losers

Company Pclose Open Close Change % Change
NNFM 4.30 4.30 3.87 -0.43 -10.00
ARBICO 1.39 1.39 1.26 -0.13 -9.35
INTBREW 3.10 3.10 2.85 -0.25 -8.06
IKEJAHOTEL 0.91 0.91 0.84 -0.07 -7.69
NEIMETH 1.90 1.90 1.78 -0.12 -6.32
CAP 17.90 17.90 17.00 -0.90 -5.03
JAPAULOIL 0.21 0.21 0.20 -0.01 -4.76

 

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
WAPIC                          101,094,058                        33,360,829 0.33
UNILEVER                            67,871,280                      848,490,985 12.50
ZENITHBANK                            58,053,034                      969,359,278 16.70
ACCESS                            47,095,986                      305,458,279 6.40
FBNH                            46,461,875                      232,879,184 5.00
GUARANTY                            41,763,172                   1,037,854,370 24.90
TRANSCORP                            24,864,867                        14,609,801 0.59

 

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                            41,763,172              1,037,854,369.60 24.90
ZENITHBANK                            58,053,034                 969,359,277.95 16.70
UNILEVER                            67,871,280                 848,490,984.90 12.50
MTNN                              3,618,421                 431,924,115.70 119.00
ACCESS                            47,095,986                 305,458,279.30 6.40
FBNH                            46,461,875                 232,879,184.25 5.00
FLOURMILL                              9,101,507                 178,656,368.80 19.70

 

 

 


 

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