Local bourse reversed Friday’s gain with a dip of 2.24%.
The Nigerian equity market today (Monday) began the trading week southward, as Market Cap dipped by 2.24%, following sell-off on DANGSUGAR, ZENITHBANK among others. Consequently, the market breadth closed negatively, recording 25 losers as against 9 gainers.
NSE Trading Floor
In summary, the All-Share Index (ASI) decreased by 497.45 absolute points, representing a dip of 2.24% to close at 21,700.98 points.
NEIMEITH emerged as the top gainer while UBA & 5 others emerged as the top losers.
The downturn was impacted by loses recorded in large and medium capitalized stocks, amongst which are; UBA (-10.00%), DANGSUGAR (-10.00%), NB (-10.00%), ZENITHBANK (-9.70%), ACCESS (-7.69%) and FBNH (+3.75%).
|CAP||–||One Day (ASI CHG)||-2.24%|
|Index||21700.98||One Week (ASI CHG)||-4.42%|
|Volume||–||One Month (ASI CHG)||-19.75%|
|Value||–||Six Months (ASI CHG)||-21.52%|
|Deals||–||52 Weeks (ASI CHG)||-30.09%|
The Naira at the official window on Monday closed at 360.00/$1, representing a 0.28% appreciation Friday’s position.
The Investors and Exporters (I&E) FX window opened at N380.55, traded high at N382.00 and eventually closed at N380.75, representing 2.35% depreciation against Friday’s closing position. A total of $501.03 million was transacted through the I&E window today.
Overnight(O/N) rate closed at 6.93%, representing a 1.63% appreciation against Friday’s closing position, while Open Buy-Back (OBB) rate closed at 6.00%, representing 1.20% appreciation against Friday’s position.
|Note: BPS=> Basis Points|
NASD OTC MARKET
The NASD OTC market on Monday closed higher as the Unlisted Securities Index (USI) closed at 690.98, against Friday’s closing position. Similarly, Market Capitalization closed higher at N507.57 billion, against Friday’s position. Consequently, the aggregate volume and value increased by 548.23% and 4,719.66%, as investors traded a total of 472,305 volume of shares, valued at N20.37 in 19 deals.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value