Local bourse halts seven days positive momentum, dips marginally by 0.01%.

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The Nigerian equities market today (Monday), began the trading week on a negative note, halting the previous positive momentum of seven consecutive trading days, with a marginal loss of 0.01%. The dip was buoyed by value depreciation on bellwether stocks like ACCESS, ZENITHBANK and 14 others. Consequently, the market breadth closed negatively, recording 16 losers as against 14 gainers.

 

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 1.18 absolute points, representing a dip of 0.01% to close at 22,920.41 points. Similarly, the overall Market Capitalization size shed N0.61 billion, representing a dip of 0.01% to close at N11.95 trillion.

JBERGER & LINKASSURE emerged as the top gainers while GUINNESS emerged as the top loser.

The downturn was impacted by loses recorded in large and medium capitalized stocks, amongst which are; GUINNESS (-9.38%), PZ (-9.09%), ZENITHBANK (-5.67%), ACCESS (-4.48%), GUARANTY (-4.33%), WAPCO (-1.72%) and UCAP (-0.89%).

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MARKET STATISTICS

CAP N11,945,042,365,650.19 One Day (ASI CHG) -0.01%
Index 22,920.41 One Week (ASI CHG) +7.18%
Volume 345,436,922.00 One Month (ASI CHG) +5.42%
Value N4,208,110,312.68 Six Months (ASI CHG) -13.07%
Deals 4,930.00 52 Weeks (ASI CHG) -23.79%
Gainers 14 Losers 16
Unchanged 62 Total 92
-14.61%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window on Monday closed unchanged at 361.00/$1, against Friday’s position.

The Investors and Exporters (I&E) FX window opened at N385.79, traded high at N400.00 and eventually closed at N386.13, unchanged against Friday’s closing position. A total of $20.93 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 2.70%, representing a 0.45% appreciation against Friday’s closing position, while Open Buy-Back (OBB) rate closed at 2.00%, unchanged against Friday’s position.

FIXED INCOME
Securities P. Close Close Change
Bond 528.18 524.71 -3.47 bps
T.Bills 443.07 423.98 -19.09 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

The NASD OTC market on Monday closed higher as the Unlisted Securities Index (USI) closed at 701.97, representing a 0.54% appreciation against Friday’s closing position. Similarly, Market Capitalization closed higher at N515.64 billion,  representing a 0.54% increase against Friday’s position. Consequently, the aggregate volume increased by 151.91% while the aggregated value reduced by 67.99%, as investors traded a total of 138,800 volumes of shares, valued at N1.88 million in 1 deal.

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Sector Performance

Top 7 Gainers

Company Pclose Open Close Change % Change
JBERGER 24.50 24.50 26.95 2.45 10.00
LINKASSURE 0.50 0.50 0.55 0.05 10.00
BUACEMENT [BLS] 31.85 31.85 34.55 2.70 8.48
NASCON 9.35 9.35 10.05 0.70 7.49
NB 32.35 32.35 34.50 2.15 6.65
NAHCO 2.13 2.13 2.25 0.12 5.63
AIICO 0.80 0.80 0.84 0.04 5.00

 

Top 7 Losers

Company Pclose Open Close Change % Change
GUINNESS 22.40 22.40 20.30 -2.10 -9.38
PZ 4.40 4.40 4.00 -0.40 -9.09
LIVESTOCK 0.70 0.70 0.65 -0.05 -7.14
CHAMPION [BLS] 0.96 0.96 0.90 -0.06 -6.25
ZENITHBANK 15.00 15.00 14.15 -0.85 -5.67
SKYAVN 2.06 2.06 1.96 -0.10 -4.85
OANDO 2.62 2.62 2.50 -0.12 -4.58

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FBNH                          115,324,222                      538,148,319 4.70
GUARANTY                            51,794,477                   1,054,775,101 19.90
TRANSCORP                            33,383,418                        23,104,358 0.70
ZENITHBANK                            26,030,034                      376,518,681 14.15
UBA                            20,344,437                      122,678,475 6.00
FIDELITYBK                            15,971,264                        29,853,335 1.89
STERLNBANK                            13,644,761                        17,878,515 1.31

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
NESTLE                              1,411,110              1,372,801,644.40 975.00
GUARANTY                            51,794,477              1,054,775,100.90 19.90
FBNH                          115,324,222                 538,148,319.00 4.70
ZENITHBANK                            26,030,034                 376,518,680.80 14.15
MTNN                              1,525,136                 152,480,007.70 100.00
UBA                            20,344,437                 122,678,474.60 6.00
DANGCEM                                 756,550                 101,024,187.40 136.00

 

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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