MTNN, ZENITHBANK and 11 others push NSE-ASI lower, sheds 0.09%

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Transactions on the Nigeria equity market on today (Tuesday) close on a negative note, extending the previous negative sentiment to four consecutive trading day with a dip of 0.09%, buoyed by profit-taking on bellwether stocks like MTNN, ZENITHBANK and 11 others. Consequently, the market breadth closed on a negative note, recording 22 losers as against 13 gains.

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 23.37 absolute points, representing a dip of 0.09% to close at 24,930.88 points. Similarly, the overall Market Capitalization size shed N12.19 million, representing a dip of 0.09% to close at N13.01 trillion.

FIDSON emerged as the top gainers while NEIMETH emerged as the top loser.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; FLOURMILL (-6.68%), FBNH (-1.90%), FIDELITYBK (-1.11%), MTNN (-0.86%), ZENITHBANK (-0.62%) and GUINNESS (-0.28%).

 

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MARKET STATISTICS

CAP N13,005,455,465,623.38 One Day (ASI CHG) -0.09%
Index 24,930.88 One Week (ASI CHG) -1.60%
Volume 200,392,700.00 One Month (ASI CHG) +4.43%
Value N1,585,821,488.94 Six Months (ASI CHG) -6.61%
Deals 4,194.00 52 Weeks (ASI CHG) -17.02%
Gainers 13 Losers 22
Unchanged 72 Total 107
YTD -7.12%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window on Tuesday closed unchanged at 361.00/$1, against previous day’s position.

The Investors and Exporters (I&E) FX window opened at N387.38, traded high at N391.29 and eventually closed at N386.00, representing 0.13% appreciation as against yesterday’s closing position. A total of $14.27 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 7.08%, representing a 0.17% appreciation against previous day’s closing position, while Open Buy-Back (OBB) rate closed at 6.33%, representing a 0.50% appreciation against previous day’s position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 471.28 469.76 -1.52 bps
T.Bills 210.09 208.94 -1.15 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

 The NASD OTC market on Tuesday closed negatively, sustaining yesterday’s positive sentiment as the Unlisted Securities Index (USI) was up by 1.35% closed at 704.98. Similarly, Market Capitalization gained N15.90 billion to close at N517.85 billion, representing a 1.35% appreciation against yesterday’s closing position. However, the aggregate volume and value increased by 1,146.37% and 1,202.24% respectively, as investors traded a total of 154,550 shares, worth N16.85 million in 5 deal.

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Sector Performance

Sector % Change
NSE30 -0.09
BANKING -0.11
CONSUMER GOODS -0.24
INDUSTRIAL 1.03
INSURANCE -2.09
LOTUS ISLAMIC 0.18
OIL/GAS -0.57

 

Top 7 Gainers

Company Pclose Open Close Change % Change
FIDSON 3.30 3.39 3.63 0.33 10.00
SKYAVN 2.73 2.95 2.95 0.22 8.06
CAVERTON 2.04 2.04 2.19 0.15 7.35
HONYFLOUR 1.01 1.01 1.08 0.07 6.93
REDSTAREX 3.63 3.63 3.80 0.17 4.68
UPL 1.20 1.20 1.25 0.05 4.17
WAPIC 0.32 0.32 0.33 0.01 3.13

 

Top 7 Losers

Company Pclose Open Close Change % Change
NEIMETH 2.32 2.32 2.09 -0.23 -9.91
PRESTIGE 0.63 0.63 0.57 -0.06 -9.52
CILEASING 4.80 4.80 4.35 -0.45 -9.38
AIICO 1.07 1.07 0.97 -0.10 -9.35
MBENEFIT 0.23 0.23 0.21 -0.02 -8.70
UNITYBNK 0.62 0.62 0.57 -0.05 -8.06
LASACO 0.27 0.27 0.25 -0.02 -7.41

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FBNH                            26,945,754                      139,934,255 5.15
ZENITHBANK                            22,631,605                      368,466,465 16.10
FCMB                            21,259,992                        36,575,666 1.72
WAPCO                            11,883,453                      129,924,090 11.00
GUARANTY                            11,517,311                      271,960,956 23.60
JAPAULOIL                              9,438,633                          2,348,399 0.25
HONYFLOUR                              8,877,865                          9,686,443 1.08


Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                            22,631,605                 368,466,465.10 16.10
GUARANTY                            11,517,311                 271,960,955.90 23.60
MTNN                              1,481,118                 170,876,024.60 115.00
FBNH                            26,945,754                 139,934,254.60 5.15
WAPCO                            11,883,453                 129,924,089.85 11.00
DANGCEM                                 754,758                   99,131,892.50 139.00
UBA                              6,131,274                   39,545,441.20 6.45

GTI

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