Insurance and Oil & Gas sectors soars despite NSE-ASI negative sentiment of 0.47%
The Nigeria equity market on Wednesday closed on a negative note, reversing the previous day’s positive sentiment with a dip of 0.47%, buoyed by profit-taking on ZENITHBANK, ETI, DANGSUGAR and 16 others. The market breadth closed at par, recording 13 gainers and 13 losers.
NSE Trading Floor
In summary, the All-Share Index (ASI) decreased by 120.11 absolute points, representing a dip of 0.47% to close at 25,215.04 points. Similarly, the overall Market Capitalization size shed N62.62 million, representing a dip of 0.47% to close at N13.15 trillion.
MBENEFIT emerged as the top gainer while MOBIL emerged as the top loser.
The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; UACN (-9.09%), BUACEMENT (-3.94%), GUINNESS (-2.78%), ZENITHBANK (-1.78%), INTBREW (-1.05%), DANGSUGAR (-1.00%), ETI (-0.90%) and STANBIC (-0.60%).
|CAP||N13,153,691,728,982.60||One Day (ASI CHG)||-0.47%|
|Index||25,215.04||One Week (ASI CHG)||-0.76%|
|Volume||266,649,776||One Month (ASI CHG)||+3.53%|
|Value||N3,183,188,592.02||Six Months (ASI CHG)||-4.43%|
|Deals||3,978||52 Weeks (ASI CHG)||-16.84%|
The Naira at the official window on Wednesday closed unchanged at 361.00/$1, against yesterday’s position.
The Investors and Exporters (I&E) FX window opened at N386.96, traded high at N390.29 and eventually closed at N386.94, representing 0.04% appreciation as against yesterday’s closing position. A total of $31.81 million was transacted through the I&E window today.
Overnight(O/N) rate closed at 14.10%, representing a 1.32% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 13.00%, representing a 1.50% depreciation against yesterday’s position.
|Note: BPS=> Basis Points|
NASD OTC MARKET
The NASD OTC market on Wednesday closed unchanged, as the Unlisted Securities Index (USI) closed at 682.49, as against previous day’s closing position. Similarly, Market Capitalization closed unchanged at N501.34 billion, against yesterday’s closing position. However, the aggregate volume and value dipped by 47.02% and 79.52% respectively, as investors traded a total of 88,100 shares, worth N9.25 million in 2 deal.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value