Local Bourse Sheds 0.08%, As MPC Retain MPR and Other Parameters

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Transactions on the Nigeria equity market today (Tuesday) ended on a bearish note, extending the trading losses to seven consecutive sessions. Consequently, the NGX-ASI and market capitalization slumped by 0.08%, due to sustained profit-taking in blue-chip stocks like FBNH, GUARANTY, GUINNESS, and 8 others. Furthermore, the market breadth closed negatively recording 17 losers against 11 gainers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 30.82 absolute points, representing a dip of 0.08% to close at 38,256.76 points. Similarly, the overall Market Capitalization value shed N16.07 billion, representing a decline of 0.08% to close at N19.95trillion.

CILEASING emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of 9.85%, while LASACO emerged as the top loser (by percentage points) with a maximum price depreciation of -9.14%.

Today’s market downturn was driven by price depreciation in large and medium capitalized stocks amongst which are; CHAMPION(-5.66%), AIICO(-4.96%), MANSARD(-4.44%), MBENEFIT(-2.38%), FTNCOOCA(-2.38%), PRESTIGE(-1.89%), LIVESTOCK(-1.64%), FBNH(-1.38%), UAC-PROP(-1.32%), GUARANTY(-1.21%), ETI(-0.96%), STERLINGBANK(+0.59%), and GUINNESS(-0.17%).

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MARKET STATISTICS

CAP N19,940,328,787,673.60 One Day (ASI CHG) -0.08%
Index 38,256.76 One Week (ASI CHG) -1.96%
Volume 250,204,058.00 One Month (ASI CHG) -2.24%
Value N1,552,127,582.77 Six Months (ASI CHG) +11.40%
Deals 3,534.00 52 Weeks (ASI CHG) +54.52%
Gainers 11 Losers 17
Unchanged 73 Total 101
YTD Returns -5.00%

Source: Ngxgroup.com, GTI Research 

 

 

FMDQ ABOUT

FOREIGN EXCHANGE

The Investors and Exporters (I&E) FX window opened at N411.00 traded high at N420.25, low at N387.67, and eventually closed at N411.25,  representing a 0.18% depreciation against Friday’s closing position. Also, a total of $211.86 million was transacted through the I&E window today.

MONEY MARKET

The overnight (O/N) rate closed at 15.25%, representing a 1.75% appreciation as against Friday’s position. while Open Buy-Back (OBB) rate closed at 15.00%, representing a 1.50% appreciation as against Friday’s position.

Sector Performance

 

Security Change Percent
NSE30 -0.09
NSEBNK -0.47
NSECNSMRGDS +0..02
NSEINDUSTR                –
NSEINS -1.61
NSELOTUSISLM +0.01
NSEOILGAS                –

 

Security Previous Close Open Price Close Price Change Price % Change
CILEASING 4.06 4.06 4.46 0.4           9.85
ROYALEX 0.68 0.68 0.74 0.06           8.82
CHIPLC 0.55 0.55 0.59 0.04           7.27
NEIMETH 1.71 1.71 1.83 0.12           7.02
REGALINS 0.37 0.37 0.39 0.02           5.41
VITAFOAM 9 9 9.25 0.25           2.78
HONYFLOUR 1.14 1.14 1.17 0.03           2.63

Top 7 Gainers

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
LASACO 1.54 1.54 1.43 -0.11 –        7.14
CHAMPION 2.12 2.12 2 -0.12 –        5.66
AIICO 1.21 1.21 1.15 -0.06 –        4.96
CHAMS 0.21 0.21 0.2 -0.01 –        4.76
MANSARD 0.9 0.9 0.86 -0.04 –        4.44
FTNCOCOA 0.42 0.42 0.41 -0.01 –        2.38
MBENEFIT 0.42 0.41 0.41 -0.01 –        2.38

Top 7 Traders By Volume

Security Close Price  Daily Volume   Daily Value
COURTVILLE 0.2             36,851,187            7,472,022.67
ZENITHBANK 23.05             28,188,074       649,411,315.10
JAIZBANK 0.57             25,851,892         14,831,085.70
CHAMS 0.2             16,098,078            3,220,196.38
STERLNBANK 1.69             13,676,767         21,812,593.43
UAC-PROP 0.75             12,579,535            9,441,116.62
FIDELITYBK 2.29             10,600,860         23,997,699.87

Top 7 Traders By Value

Security Close Price  Daily Volume   Daily Value 
ZENITHBANK 23.05             28,188,074       649,411,315.10
GUARANTY 28.65               7,136,214       206,010,358.70
UACN 11.05               7,373,281         80,952,327.85
FLOURMILL 29.5               2,119,701         59,444,371.50
MTNN 160.5                   302,202         48,412,186.00
BUACEMENT 74.25                   647,308         46,376,615.75
UBA 7.15               6,192,842         44,455,002.35

 

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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