Local Bourse Recedes, As NGX-ASI Dips By 0.22%

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NGX

Transactions on the Nigerian equity market closed for today (Thursday) in a southward direction, extending the week’s loss to the second day. Today’s negative performance was as a result of investors’ profit-taking in bellwether stocks like UBA, MTN, GTCO, ZENITHBANK and 15 others,as NGX-ASI  sheds 0.22%. Similarly, the market breadth closed negatively recording 19 losers as against 12 gainers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) dropped by 98.24 absolute points, representing a decrease of 0.22%, to close at 43,609.06 points. Similarly, the overall Market Capitalization value declined by N51.27billion, representing a fall of 0.22% to close at N22.76trillion. 

UNITYBANK emerged as the top gainer (by percentage points) with a price appreciation of +7.27%, while CORNERST emerged as the top loser (by percentage points) for today, with a price depreciation of -8.77%.

Today’s market negative performance was driven by price depreciation in large and medium capitalized stocks which are; CORNERST(-8.77%), CUTIX(-8.06%), ETRANZACT(-7.32%), REGALINS(-7.32%), LASACO(-5.36%), STERLINGBANK(-3.23%), UBA(-2.40%), ETI(-2.31%),  NGXGROUP(-2.16%), WAPIC(-2.04%), WEMABANK(-1.15%), FIDELITYBANK(-1.11%), UCAP(-1.02%),GTCO(-0.90%), AIICO(-0.78%),ACCESS(-0.53%),NPFMCRF(-0.52%),MTNN(-0.50%), and ZENITHBANK(-0.41%).

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MARKET STATISTICS

CAP N22,758,050,825,368.41 One Day (ASI CHG) -0.22%
Index 43,609.06 One Week (ASI CHG) +3.97%
Volume 161,307,800.00 One Month (ASI CHG) +7.11%
Value N2,139,825,463.57 Six Months (ASI CHG) +10.73%
Deals 3,574.00 52 Weeks (ASI CHG) +31.08%
Gainers 12 Losers 19
Unchanged 75 Total 106
YTD Returns +8.29%

 

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security                     Change Percent
ASI -0.22
NGX30 -0.27
NGXBNK -0.95
NGXCNSMRGDS 0.02
NGXINDUSTR -0.10
NGXINS -0.93
NGXLOTUSISLM -0.18
NGXOILGAS 0.00

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % change
UNITYBNK 0.55 0.55 0.59 0.04 7.27
FTNCOCOA 0.40 0.40 0.42 0.02 5.00
UNIVINSURE 0.21 0.21 0.22 0.01 4.76
WAPCO 24.85 24.85 25.50 0.65 2.62
UPDC 1.65 1.65 1.69 0.04 2.42
JAPAULGOLD 0.43 0.43 0.44 0.01 2.33
UACN 10.75 10.75 11.00 0.25 2.33

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % change
CORNERST 0.57 0.57 0.52 -0.05 -8.77
CUTIX 6.20 6.20 5.70 -0.50 -8.06
ETRANZACT 2.05 2.05 1.90 -0.15 -7.32
REGALINS 0.41 0.41 0.38 -0.03 -7.32
LASACO 1.12 1.12 1.06 -0.06 -5.36
STERLNBANK 1.55 1.55 1.50 -0.05 -3.23
UBA 8.35 8.35 8.15 -0.20 -2.40

Top 7 Traders By Volume

Security Close Price  Daily Volume  Daily Value
FBNH 11.50    28,155,159.00    322,074,450.80
TRANSCORP 1.00    23,505,886.00      23,505,977.87
ZENITHBANK 24.00    12,521,490.00    301,202,590.90
ACCESS 9.35      9,289,303.00      86,959,543.35
STERLNBANK 1.50      8,296,307.00      12,460,536.00
GTCO 27.40      7,252,925.00    198,896,499.75
WAPIC 0.48      6,404,986.00         3,082,109.54

Top 7 Traders By Value

Security Close Price  Daily Volume  Daily Value
MTNN 200.00      2,053,208.00    405,340,141.90
FBNH 11.50    28,155,159.00    322,074,450.80
ZENITHBANK 24.00    12,521,490.00    301,202,590.90
GTCO 27.40      7,252,925.00    198,896,499.75
NESTLE 1400.00            92,552.00    129,580,731.40
OKOMUOIL 142.00          837,509.00    116,419,896.50
ACCESS 9.35      9,289,303.00      86,959,543.35

 

FMDQ

 

MONEY MARKET 03112021 1The overnight (O/N) rate closed higher at 13.50 on Wednesday (03/11/2021), appreciating by 8.25% against Tuesday’s position.  Open Buy-Back (OBB) rate closed at 13.00 on Wednesday (03/11/2021), appreciating by 8.25% against Tuesday’s position.

 

FOREIGN EXCHANGE 03112021The I&E FX window traded high and low at N444.00 and N404.00 respectively on Tuesday (02/11/2021) and eventually closed at N414.80 appreciating by 0.07% against Tuesday’s position.

 

FOREIGN RESERVE 02112021

Nigeria’s foreign reserve depreciated by $38.17 million to $41.79 billion on Tuesday (02/11/2021) from $41.83 billion on (29/10/2021).

 

Crude oil 28102021The WTI crude depreciated by $1.99 to $82.66 on Wednesday (28/10/2021) from $84.65 on Tuesday (27/10/2021), representing a decrease of 2.35%, and the Brent Crude depreciated by $0.21 to $83.66 on Wednesday (28/10/2021) from $83.87 on Tuesday (27/10/2021), representing a decrease of 0.25%. Also,  the Bonny Light depreciated by $1.16 to $83.05 on Wednesday (28/10/2021) from $84.21 on Tuesday (27/10/2021) representing a decrease of 1.38%

 

 

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