Local Bourse dips by 0.10%, amidst rise in the Fixed Income Market Yield

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Transactions on the Nigerian equity market began the week today (Monday) on a negative note. The bearish sentiment was a result of investors’ sell-off interest in medium and large capitalized stocks amidst, rise in the yield of FGN June savings bond. Consequently, the market indicators (NGX-ASI and market capitalization) plunged by 0.10%. Furthermore, the market breadth closed negatively recording 28 losers against 13 gainers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) reduced by 37.12 absolute points, representing a decrease of 0.10% to close at 38,688.98 points. Similarly, the overall Market Capitalization value lost N20.69 billion, representing a decrease of 0.10% to close at N20.16 trillion.

MORRISON emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of +9.73%, while JULI emerged as the top loser (by percentage points) with a maximum price depreciation of -9.93%.

Today’s market downturn was driven by price depreciation in large and medium capitalized stocks amongst which are; JAPAULGOLDI(-8.47%), FCMB(-4.55%), UBN(-3.64%), CHIPLC(-2.50%), UNILEVER(-2.10%), UCAP(-1.61%), GUARANTY(-1.22%), WAPCO(-1.22%), STERLINGBANK(-1.22%), TRANSCORP(-1.14%), ETI(-0.98%), GLAXOSMITHLINE(-0.83%), UBA(-0.70%), OANDO(-0.67%), CADBURY(-0.62%) and ZENITHBANK(-0.22%).

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MARKET STATISTICS

CAP N20,164,269,832,926.37 One Day (ASI CHG) -0.10%
Index 38,686.40 One Week (ASI CHG) +0.65%
Volume 210,751,512.00 One Month (ASI CHG) -1.30%
Value N1.499.726,593.75 Six Months (ASI CHG) +10.34%
Deals 3,958.00 52 Weeks (ASI CHG) +54.66%
Gainers 13 Losers 28
Unchanged 66 Total 107
YTD Returns -3.93%

Source: Ngxgroup.com, GTI Research 

FMDQ ABOUT

FOREIGN EXCHANGE

The Investors and Exporters (I&E) FX window opened at N411.08, traded high at N428.27, traded low at N400.00, and eventually closed at N411.07, depreciating by 0.08% against Friday’s closing position.

MONEY MARKET

The overnight (O/N) rate closed at 14.50%, representing a 0.75% depreciation against Friday’s position. while Open Buy-Back (OBB) rate closed at 14.33%, representing a 0.67% depreciation as against Friday’s position.

Sector Performance

Security Change Percent
NSE30 –        0.13
NSEBNK –        0.86
NSECNSMRGDS –        0.09
NSEINDUSTR –        0.07
NSEINS –        1.30
NSELOTUSISLM –        0.05
NSEOILGAS           0.31

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
MORISON 1.13 1.13 1.24 0.11           9.73
CONOIL 18.7 18.7 20.5 1.8           9.63
VERITASKAP 0.24 0.24 0.26 0.02           8.33
AFRIPRUD 5.9 5.9 6.35 0.45           7.63
ROYALEX 0.72 0.72 0.77 0.05           6.94
SOVRENINS 0.27 0.27 0.28 0.01           3.70
ARDOVA 15 15 15.4 0.4           2.67

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
JULI 1.51 1.51 1.36 -0.15 –        9.93
CWG 1.53 1.53 1.38 -0.15 –        9.80
JAPAULGOLD 0.59 0.59 0.54 -0.05 –        8.47
HONYFLOUR 1.23 1.23 1.16 -0.07 –        5.69
FCMB 3.3 3.3 3.15 -0.15 –        4.55
PORTPAINT 2.5 2.5 2.4 -0.1 –        4.00
UBN 5.5 5.5 5.3 -0.2 –        3.64

Top 7 Traders By Volume

Security Close Price  Daily Volume   Daily Value 
FBNH 7.3         16,639,536    121,039,085.45
WAPIC 0.58         16,475,700         9,061,880.44
CHAMS 0.2         16,231,762         3,317,719.20
ZENITHBANK 22.95         15,943,969    365,897,288.85
JAPAULGOLD 0.54         13,174,700         7,164,229.12
ACCESS 8.15           9,797,115      79,713,194.45
SOVRENINS 0.28           9,371,405         2,672,616.09

Top 7 Traders By Value

Security Close Price  Daily Volume   Daily Value 
ZENITHBANK 22.95         15,943,969    365,897,288.85
SEPLAT 680               196,193    134,231,151.30
FBNH 7.3         16,639,536    121,039,085.45
GUARANTY 28.3           4,225,216    120,226,576.15
DANGCEM 220               426,878      94,964,404.10
ACCESS 8.15           9,797,115      79,713,194.45
WAPCO 20.25           3,744,380      76,406,706.20

 

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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