Market near no gain as NSEASI dips for the 5th consecutive trading session in the year.

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Activities in the Nigeria equity market continued to dip further, shedding 1.20%. This was driven by losses in  the banking and insurance sectors. Market breadth closed negative, recording 12 gainers against 28 losers.

NSE Trading Floor

The All Share Index (ASI) shed 364.13 absolute points, representing a decrease of 1.20%, closing at 30,036.15 points. Similarly, Market Capitalization shed N135.79 billion representing a dip of 1.20%, closing at N11.20 trillion.

JOHNHOLT emerged the top gainer while NEM emerged the top loser.

The dip was impacted by losses recorded in medium and large capitalized stocks, amongst which are; FLOURMILL (-8.63%), OANDO (-7.69%), GUARANTY (-5.26%), UBA (-5.19%), ZENITHBANK (-4.69%), FBNH (-4.67%), DANGFLOUR (-4.24%), DIAMONDBANK (-4.04%), DANGSUGAR (-2.50%),  and INTERBREW (-1.59%).

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MARKET STATISTICS

CAP N11,200,751,208,779.20 One Day (ASI CHG) -1.20
Index 30,036.15 One Week (ASI CHG) -4.44
Volume 216,248,805 One Month (ASI CHG) -2.69
Value N2,669,490,424.07 Six Months (ASI CHG) -20.17
Deals 4,508 52 Weeks (ASI CHG) -24.63
Gainers 12 Losers 28
Unchanged 55 Total 95
  YTD Returns -4.44  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate remained unchanged at N306.00 against yesterday’s closing price

The Investors and Exporters (I&E) FX window opened at N365.10, traded high at N366.75 and eventually closed at N365.87, representing a 0.05% depreciation against yesterday’s closing price. A total of $113.23 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 27.25%, representing a 0.75% depreciation against Monday’s closing position, while Open Buy-Back (OBB) rate also closed at 25.00% representing a 0.83% depreciation against Monday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 848.05 848.85 +0.80bps
T.Bills 553.76 556.55 +2.79 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 -1.42
BANKING -3.57
CONSUMER GOODS -0.47
INDUSTRIAL 0.53
INSURANCE -3.30
LOTUS ISLAMIC 0.18
OIL/GAS -1.45

Top 7 Gainers

Company Pclose Open Close Change % Change
JOHNHOLT 0.44 0.44 0.48 0.04 9.09
OKOMUOIL 77.60 77.60 83.75 6.15 7.93
UBN 5.80 6.00 6.00 0.20 3.45
WAPCO 11.35 11.35 11.70 0.35 3.08
HONYFLOUR 1.11 1.11 1.14 0.03 2.70
LIVESTOCK 0.52 0.52 0.53 0.01 1.92
ACCESS 5.80 5.80 5.85 0.05 0.86

Top 7 Losers

Company Pclose Open Close Change % Change
NEM 2.34 2.34 2.12 -0.22 -9.40
NNFM 4.80 4.80 4.35 -0.45 -9.38
WAPIC 0.44 0.44 0.40 -0.04 -9.09
UNITYBNK 1.00 1.00 0.91 -0.09 -9.00
AIICO 0.68 0.68 0.62 -0.06 -8.82
LEARNAFRCA 1.36 1.36 1.24 -0.12 -8.82
FLOURMILL 19.70 19.70 18.00 -1.70 -8.63

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ZENITHBANK                        32,840,318.00                  679,772,675.65 20.30
FBNH                        27,462,814.00                  199,303,060.10 7.15
TRANSCORP                        26,365,656.00                    31,154,134.60 1.19
GUARANTY                        18,688,691.00                  608,010,742.55 32.00
DIAMONDBNK                        14,908,239.00                    28,221,986.56 1.90
FIDELITYBK                        12,124,204.00                    21,933,827.62 1.80
ACCESS                          8,169,773.00                    47,757,748.55 5.85

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                        32,840,318.00                  679,772,675.65 20.30
GUARANTY                        18,688,691.00                  608,010,742.55 32.00
NESTLE                             379,649.00                  550,184,402.00 1450.00
FBNH                        27,462,814.00                  199,303,060.10 7.15
OKOMUOIL                          1,118,429.00                    87,936,640.55 83.75
FO                          2,171,335.00                    62,312,868.45 26.55
ACCESS                          8,169,773.00                    47,757,748.55 5.85

 

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