Local bourse extends downtrend, dips marginally by 0.004%
The Nigeria bourse today (Wednesday) closed marginally lower, contracting by 0.004%, extending the previous negative sentiment to four consecutive trading days. The downturn was buoyed by persistent sell-pressure on some bellwether. However, the market breadth closed at par, recording 9 gainers as against 9 losers.
NSE Trading Floor
In summary, the All-Share Index (ASI) decreased by 0.92 absolute points, representing a dip of 0.004% to close at 24,173.53 points. Similarly, the overall Market Capitalization size shed N0.48 billion, representing a contraction of 0.004% to close at N12.61 trillion
ETERNA emerged as the top gainer while GLAXOSMITH emerged as the top loser.
The downturn was impacted by loses recorded in large and medium capitalized stocks, amongst which are; GLAXOSMITH (-9.52%), STERLNBANK (-3.28%), FIDELITYBK (-1.12%) and UCAP (-0.72%).
|CAP||N12,610,342,857,957.54||One Day (ASI CHG)||-0.004%|
|Index||24,173.53||One Week (ASI CHG)||+0.18%|
|Volume||402,636,177||One Month (ASI CHG)||-2.34%|
|Value||N4,554,097,944.94||Six Months (ASI CHG)||-17.94%|
|Deals||3,252||52 Weeks (ASI CHG)||-13.07%|
The Naira at the official window on Wednesday closed at 381.00/$1, unchanged against the previous day’s position.
The Investors and Exporters (I&E) FX window opened at N388.65, traded high at N390.00, and eventually closed at N388.17, unchanged against the previous day’s closing position. A total of $29.77 million was transacted through the I&E window today.
Overnight(O/N) rate closed at 2.50%, representing a 0.30% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 1.90%, representing a 0.20% depreciation against the previous day’s position.
|Note: BPS=> Basis Points|
NASD OTC MARKET
The NASD OTC market today (Wednesday) closed, on a negative note as the Unlisted Securities Index (USI) closed at 706.52, representing a 0.02% depreciation against the previous day’s closing position. Similarly, Market Capitalization shed N90 million, to close at N518.99 billion, representing a 0.02% depreciation against the previous day’s closing position. However, the aggregate volume decreased by 82.67% while the aggregated value increased by 32.38%, as investors traded a total of 1,452 shares, worth N108,892 in 3 deal.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By VolumeTop
7 Traders By Value