Market spills N130 billion after 3-successive days gain

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Market indicators in the Nigeria equity market today declined by 0.97%, halting three consecutive days of growth. The decline was triggered by price depreciation of highly capitalized stocks. Consequently, the market breadth closed negatively, recording 13 gainers as against 18 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

The All Share Index (ASI) decreased by 267.15 absolute points, representing a dip of 0.97% to close at 27,319.64 points. Similarly, the Market Capitalization lost N129.96 billion, representing a decline of 0.97% to close at N13.29 trillion.

UACN emerged the top gainer  while GUINNESS emerged as top loser.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; FO (-9.73%), ETERNA (-5.36%), NESTLE (-3.85%), FBNH (-3.19%), GUARANTY (-2.79%), NB (-1.84%), UBA (-1.56%), ACCESS (-1.49%), DANGCEM (-1.44%), OANDO (-1.28%), MTNN (-1.07%), HONYFLOUR (-1.00%) and DANGFLOUR (-0.25%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

CAP N13,290,708,477,134.08 One Day (ASI CHG) -0.97%
Index 27,319.64 One Week (ASI CHG) –1.04%
Volume 250,452,097 One Month (ASI CHG) -1.12%
Value N3,190,576,219.63 Six Months (ASI CHG) -14.97%
Deals 3,219 52 Weeks (ASI CHG) -21.80%
Gainers 13 Losers 18
Unchanged 65 Total 96
  YTD Returns -13.08%  

Source: NSE, GTI Research

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira exchange rate remain unchanged to close at N306.95/$1 as against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N362.45, traded high at N364.00 and eventually closed at N362.40 representing a 0.14% appreciation against yesterday’s position. A total of $244.40 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 9.50%, representing a 0.57% appreciation against  yesterday’s position, while Open Buy-Back (OBB) rate closed at 8.64%, representing a 0.64% appreciation against yesterday’s position.

FIXED INCOME
Securities P. Close Close Change
Bond 987.79 999.15 +11.36 bps
T.Bills 592.92 587.47 -5.45 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market sustained unchanged sentiment as against yesterday’s closing position, as the Unlisted Securities Index (USI) closed at 714.15 points. Similarly, the Market Capitalization closed at N513.08 billion. Aggregate volume and value grew by  31.06% and 741.17% respectively as investors traded a total of 9,240 units of shares valued at N2.42 million in 4 deals.

NASD Daily Price List

 

Sector Performance     

Sector %    Change
NSE30 -1.12
BANKING -0.74
CONSUMER GOODS -2.19
INDUSTRIAL 0.29
INSURANCE -1.02
LOTUS ISLAMIC -1.41
OIL/GAS -0.79

Top 7 Gainers

Company Pclose Open Close Change % Change
UACN 4.55 4.55 5.00 0.45 9.89
UAC-PROP 0.82 0.82 0.90 0.08 9.76
AFRIPRUD 3.63 3.63 3.95 0.32 8.82
LINKASSURE 0.48 0.48 0.52 0.04 8.33
INTBREW 11.00 11.00 11.90 0.90 8.18
UBN 6.60 6.60 7.00 0.40 6.06
GLAXOSMITH 7.45 7.45 7.90 0.45 6.04

Top 7 Losers               

Company Pclose Open Close Change % Change
GUINNESS 41.40 41.40 37.30 -4.10 -9.90
IKEJAHOTEL 1.43 1.43 1.29 -0.14 -9.79
FO 16.45 16.45 14.85 -1.60 -9.73
ETERNA 2.80 2.80 2.65 -0.15 -5.36
WAPIC 0.38 0.38 0.36 -0.02 -5.26
MBENEFIT 0.22 0.22 0.21 -0.01 -4.55
MANSARD 1.80 1.80 1.73 -0.07 -3.89

 Top 7 Traders By Volume 

Company Volume Value(₦) Current Price
ACCESS                             81,853,000                       542,313,297 6.60
WAPCO                             40,645,251                       587,391,531 14.95
ZENITHBANK                             27,503,369                       481,482,451 17.50
FBNH                             19,279,875                         89,538,853 4.55
TRANSCORP                             13,705,684                         14,071,516 1.01
UBA                               8,740,385                         55,382,828 6.30
UACN                               6,310,996                         30,626,600 5.00

 Top 7 Traders By Value             

Company Volume Value(₦) Current Price
WAPCO                             40,645,251                  587,391,531.05 14.95
ACCESS                             81,853,000                  542,313,297.40 6.60
MTNN                               3,807,980                  526,365,390.00 138.50
ZENITHBANK                             27,503,369                  481,482,450.70 17.50
DANGCEM                               1,528,212                  241,463,775.30 157.70
NESTLE                                  178,241                  222,857,456.00 1250.00
GUARANTY                               5,148,325                  136,389,906.10 26.15

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