MTNN, NESTLE, ACCESS, others drag NSE-ASI lower, post 1.05% loss

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Activities on the Nigerian bourse on Monday sustained previous negative sentiment amid profit taking on bellwether stocks like MTNN, NESTLE, ACCESS among others. Nonetheless, the market breadth closed at par, recording 17 gainers against 17 losers.

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 294.90 absolute points, representing a dip of 1.05% to close at 27,772.19 points, However, the overall Market Capitalization size shed N153.59 billion, representing a decline of 1.05% to close at N14.46 trillion.

SOVRENINS emerged as the top gainer while NESTLE emerged as top loser.

The downtrend was impacted by loses recorded in large and medium capitalized stocks, amongst which are; NESTLE (-10.00%), OANDO (-4.17%), FBNH (-2.50%), MTNN (-1.71%), WAPCO (-1.63%), ACCESS (-1.53%), HONYFLOUR (-0.91%), GUARANTY (-0.68%), and UBA (-0.65%).

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MARKET STATISTICS

CAP N14,464,434,665,622.06 One Day (ASI CHG) -1.31%
Index 27,772.19 One Week (ASI CHG) -2.67%
Volume 200,155,486 One Month (ASI CHG) -5.59%
Value N1,922,514,358.94 Six Months (ASI CHG) +1.70%
Deals 3,487.00 52 Weeks (ASI CHG) -12.62%
Gainers 17 Losers 17
Unchanged 68 Total 102
YTD Returns +3.47%

Source: NSE, GTI Research

 

 

FOREIGN EXCHANGE

The Naira at the official window on Monday closed at 306.90/$1, representing a 0.02% appreciation against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N364.35, traded high at N365.50and eventually closed at N364.56, representing a 0.05% depreciation as against Friday’s closing position. A total of $443.63 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed at 16.00%, representing a 9.67% appreciation against Friday’s closing position, while Open Buy-Back (OBB) rate closed at 15.33%, representing 9.83% appreciation against Friday’s position.

 

 

FIXED INCOME
Securities P. Close Close Change
Bond 531.98 529.78 -2.2bps
T.Bills 596.99 597.54 +0.55 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET

The NASD OTC market on Monday remain unchanged as the Unlisted Securities Index (USI) closed at 697.86. Similarly, Market Capitalization closed unchanged at N501.73 billion, against Friday’s position. However, the aggregate volume and value decreased by 99.94% and 95.25%, as investors traded a total of 1,600 volume of shares, valued at N188.800 in 1 deals.

NASD Daily Price List

 

Sector Performance

Sector %    Change
NSE30 -1.18
BANKING -0.54
CONSUMER GOODS -4.72
INDUSTRIAL 0.76
INSURANCE 0.86
LOTUS ISLAMIC -2.02
OIL/GAS -0.55

 

Top 7 Gainers

Company Pclose Open Close Change % Change
SOVRENINS 0.20 0.20 0.22 0.02 10.00
TRANSEXPR 0.81 0.81 0.89 0.08 9.88
NPFMCRFBK 1.12 1.12 1.23 0.11 9.82
PRESTIGE 0.54 0.54 0.59 0.05 9.26
JAPAULOIL 0.22 0.22 0.24 0.02 9.09
LAWUNION 1.11 1.11 1.20 0.09 8.11
CHAMS 0.31 0.31 0.33 0.02 6.45

 

Top 7 Losers

Company Pclose Open Close Change % Change
NESTLE 1380.00 1380.00 1242.00 -138.00 -10.00
LINKASSURE 0.62 0.62 0.56 -0.06 -9.68
MAYBAKER 2.17 2.17 2.02 -0.15 -6.91
OANDO 3.60 3.60 3.45 -0.15 -4.17
JAIZBANK 0.69 0.69 0.67 -0.02 -2.90
WEMABANK 0.71 0.71 0.69 -0.02 -2.82
FBNH 6.00 6.00 5.85 -0.15 -2.50

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FBNH                            35,908,568                      212,055,244 5.85
TRANSCORP                            24,625,723                        23,575,238 0.99
ZENITHBANK                            18,571,034                      369,052,604 19.85
UACN                            14,163,566                      120,220,152 8.50
FIDELITYBK                            11,730,646                        24,919,058 2.13
FCMB                              9,104,079                        17,136,093 1.88
SOVRENINS                              8,580,236                          1,854,547 0.22

 

Top 7 Traders By Value 

Company Volume Value(₦) Current Price
MTNN                              4,015,818                 462,300,735.40 115.00
ZENITHBANK                            18,571,034                 369,052,604.30 19.85
NESTLE                                 216,144                 268,509,378.00 1242.00
FBNH                            35,908,568                 212,055,243.75 5.85
UACN                            14,163,566                 120,220,151.70 8.50
GUARANTY                              2,687,449                   78,663,809.55 29.30
WAPCO                              3,618,771                   54,853,747.10 15.05

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