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