Market Performance Indicator Slides Amidst Selloff in Three Sectors

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Activities on the Local bourse today closed negative, with sell pressure mostly prevailing in Oil & Gas, Industrial and Consumer goods sectors. The market performance indicator – NSE ASI, shed 0.16% to reverse the gains recorded in the previous two sessions. Consequently, Market breadth also closed negative, recording 8 gainers and 20 losers.

NSE Trading Floor

The All Share Index (ASI) declined by 51.92 absolute points, representing a decrease of 0.16%, to close at 32,121.74 points. Similarly, Market Capitalization shed N19.36 billion representing a dip of 0.16%, to close at N11.98trillion.

CHIPLC emerged the top gainer while MCNICHOLS emerged as the top loser.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; CCNN (-5.00%), HONYFLOUR (-3.70%), SEPLAT (-3.57%), CADBURY (-1.92%), FCMB (-1.44%), DANGFLOUR (-0.91%), ZENITHBANK (-0.81%), PZ (-0.41%),  and DIAMONDBANK (-0.40%).

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MARKET STATISTICS

CAP N11,978,695,573,466.43 One Day (ASI CHG) -0.16
Index 32,121.74 One Week (ASI CHG) -0.38
Volume 208,604,112.00 One Month (ASI CHG) +4.22
Value N2,784,932,412.10 Six Months (ASI CHG) -5.83
Deals 3,246 52 Weeks (ASI CHG) -26.34
Gainers 8 Losers 20
Unchanged 67 Total 95
  YTD Returns +2.20  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate remain unchanged to closed at N306.90 against  yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N360.70, traded high at N362.50 and eventually closed at N360.19, to represent a 0.16% appreciation against yesterday’s closing price. A total of $91.66 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 9.75%, representing a 0.67% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 8.83%, representing a 0.50% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 798.21 913.83 +115.62 bps
T.Bills 585.41 586.91 +1.50 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance         

Sector %    Change
NSE30 -0.07
BANKING 0.03
CONSUMER GOODS -0.05
INDUSTRIAL -1.35
INSURANCE 0.02
LOTUS ISLAMIC -0.38
OIL/GAS -1.73

Top 7 Gainers        

Company Pclose Open Close Change % Change
CHIPLC 0.26 0.26 0.28 0.02 7.69
JAIZBANK 0.60 0.60 0.63 0.03 5.00
ACCESS 6.00 6.00 6.10 0.10 1.67
UCAP 3.25 3.25 3.30 0.05 1.54
GUARANTY 37.60 37.60 37.95 0.35 0.93
NPFMCRFBK 1.47 1.47 1.48 0.01 0.68
FBNH 8.10 8.10 8.15 0.05 0.62

Top 7 Losers       

Company Pclose Open Close Change % Change
MCNICHOLS 0.60 0.60 0.54 -0.06 -10.00
ETRANZACT 2.93 2.93 2.64 -0.29 -9.90
CCNN 20.00 20.00 19.00 -1.00 -5.00
SOVRENINS 0.26 0.26 0.25 -0.01 -3.85
HONYFLOUR 1.35 1.35 1.30 -0.05 -3.70
REGALINS 0.27 0.27 0.26 -0.01 -3.70
AFRIPRUD 4.87 4.87 4.69 -0.18 -3.70

Top 7 Traders By Volume     

Company Volume Value(₦) Current Price
ZENITHBANK                            45,371,111                   1,112,775,655 24.50
GUARANTY                            23,081,262                      872,940,089 37.95
FIDELITYBK                            20,170,591                        46,463,061 2.29
ACCESS                            15,610,877                        94,183,388 6.10
TRANSCORP                            13,859,680                        17,538,583 1.26
JAPAULOIL                            12,306,723                          2,488,959 0.21
WAPIC                            11,909,947                          4,728,251 0.40

Top 7 Traders By Value        

Company Volume Value(₦) Current Price
ZENITHBANK                            45,371,111              1,112,775,654.80 24.50
GUARANTY                            23,081,262                 872,940,089.20 37.95
DANGCEM                                 876,236                 171,278,431.00 196.50
ACCESS                            15,610,877                   94,183,387.90 6.10
INTBREW                              3,007,189                   81,196,119.00 27.00
FBNH                              9,919,014                   80,233,777.90 8.15
FIDELITYBK                            20,170,591                   46,463,061.45 2.29

GTI

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