Market Cap Shed 0.50% as Bear Returned to Lagos Customs Street

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Trading activities on the domestic stock market today (Thursday) closed southward, in reverse of yesterday’s positive performance. The downtrend came on the back of profit-taking on Presco and 27 others, causing the market breadth to close negatively for the third time this week, as only 19 stocks reported price appreciation.

NSE Trading Floor

In summary, the All-Share Index (ASI) shed 174.36 absolute points, representing a decline of 0.50% to close at 34,643.65 points. Similarly, the overall Market Capitalization value also fell by N91.11 billion, representing a decline of 0.50% to close at N18.102 trillion.

BOCGAS topped the gainers’ chart with a price appreciation of +9.90%, while PRESCO lost -9.97% to head the losers’ chart.

Today’s downtrend was further driven by losses in medium and large capitalized stocks amongst which are; FCMB (-9.85%), FIDELITYBK (-7.02%), DANGSUGAR (-4.72%), STANBIC (-4.12%), FBHN (-1.29%), FLOURMILL (-0.89%) and ACCESS (-0.57%).

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MARKET STATISTICS

CAP N18,102,350,166,054.60 One Day (ASI CHG) -0.50%
Index 34,643.65 One Week (ASI CHG) -1.98%
Volume 364,920,387.00 One Month (ASI CHG) +20.85%
Value N3,501,831,401.75 Six Months (ASI CHG) +43.14%
Deals 6,340.00 52 Weeks (ASI CHG) +29.56%
Gainers 19 Losers 28
Unchanged 49 Total 96
YTD Returns +29.06%

Source: NSE, GTI Research

 

Sector Performance

Sector %    Change
NSE30 -0.65
BANKING -2.66
CONSUMER GOODS -1.38
INDUSTRIAL +0.33
INSURANCE +1.52
LOTUS ISLAMIC -0.07
OIL/GAS 0.00

 

Top 7 Traders By Volume

Company  Volume Value (₦) Closing Price (₦)
TRANSCORP   50,734,979.00     53,920,381.62 1.05
FBNH   38,551,997.00   292,389,658.00 7.65
ACCESS   25,895,089.00   227,162,028.90 8.7
UBA   24,780,807.00   214,219,594.30 8.45
FIDELITYBK   24,359,417.00     67,037,366.27 2.65
ZENITHBANK   20,328,741.00   535,680,240.30 26.05
FCMB   16,284,075.00     50,204,483.01 3.02

 

Top 7 Traders By Value 

Company  Volume Value (₦) Closing Price (₦)
ZENITHBANK   20,328,741.00   535,680,240.30 26.05
STANBIC   12,072,519.00   519,273,231.90 43
FBNH   38,551,997.00   292,389,658.00 7.65
ACCESS   25,895,089.00   227,162,028.90 8.7
UBA   24,780,807.00   214,219,594.30 8.45
GUARANTY     5,859,433.00   211,675,856.05 35.8
WAPCO     7,950,013.00   201,294,503.90 25.1

 

NASD OTC MARKET

Trading activities on the NASD OTC counter today (Thursday) closed unchanged, leaving the Unlisted Securities Index (USI) and the Market Capitalization value at yesterday’s position of 736.53 absolute points and N547.46 billion.

However, the total Volume and Value of transactions today rose by 6.20% and 3.77% respectively compared to yesterday’s record to print at 12,873,415 units and N13.834 million in 5 deals.

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