Negative Sentiment Persist, As Local Bourse Open New Week With 0.36% Decline

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NGX

Trading activities on the Nigerian equity market resumed for the week on a negative note, taking the negative sentiments to three consecutive trading sessions. The performance was buoyed by investors’ profit-taking sentiments in all the major sectors except oil& gas stocks. Hence, the ASI and Market Capitalization plunged by 0.36%. However, the market breadth closed positively, recording 16 gainers as against 13 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) declined by 136.30 absolute points, representing a loss of 0.36% to close at 37,857.89 points. Similarly, the overall Market Capitalization value shed N71.01 billion, representing a decrease of 0.36% to close at N19.72 trillion.

TRIPPLEG emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of +9.89 while CWG emerged as a  top loser (by percentage points) with a maximum price depreciation of -9.52%.

Today’s market downturn was driven by price depreciation in large and medium capitalized stocks amongst which are; CWG(-9.52%), INTBREW(-5.66%) CHAMPION(-3.23%), FBNH(-2.60%), ZENITHBANK(-2.20%), ETI(-1.92%), PZ(-1.69%), GLAXOSMITH(-1.60%), WAPCO(-1.15%), BUACEMENT(-0.70%), MTNN(-0.61%), and HONYFLOUR(-0.61%)

Click here for more on NGX Daily Price List

MARKET STATISTICS

CAP N19,724,511,316,193.33 One Day (ASI CHG) -0.36%
Index 37,857.89 One Week (ASI CHG) -0.95%
Volume 187,243,716.00 One Month (ASI CHG) -3.32%
Value N2,890,268,851.88 Six Months (ASI CHG) -6.05%
Deals 4,017.00 52 Weeks (ASI CHG) +55.75%
Gainers 16 Losers 13
Unchanged 77 Total 101
YTD Returns -5.99%

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
NGX30 -0.44
NGXBNK -1.02
NGXCNSMRGDS -0.37
NGXINDUSTR -0.35
NGXINS -0.03
NGXLOTUSISLM -0.29
NGXOILGAS 0.05

Top 7 Gainers

 Security   Previous Close   Open Price   Close Price   Change Price   % Change
 TRIPPLEG          0.91                   0.91                     1.00          0.09          9.89
 REGALINS          0.45                   0.45                     0.49          0.04          8.89
 UPDC          1.21                   1.21                     1.30          0.09          7.44
 FTNCOCOA          0.34                   0.34                     0.36          0.02          5.88
 MBENEFIT          0.40                   0.40                     0.42          0.02          5.00
 COURTVILLE          0.22                   0.22                     0.23          0.01          4.55
 NAHCO          2.34                   2.34                     2.40          0.06          2.56

Top 7 Losers

 Security   Previous Close   Open Price   Close Price   Change Price   % Change 
 CWG          1.26                   1.26                     1.14 –       0.12 –       9.52
 INTBREW          5.30                   5.30                     5.00 –       0.30 –       5.66
 CHAMPION          2.17                   2.17                     2.10 –       0.07 –       3.23
 FBNH          7.70                   7.70                     7.50 –       0.20 –       2.60
 MANSARD          0.89                   0.89                     0.87 –       0.02 –       2.25
 ZENITHBANK        24.95                 24.95                   24.40 –       0.55 –       2.20
 ETI          5.20                   5.20                     5.10 –       0.10 –       1.92

Top 7 Traders By Volume

 Security   Close Price   Daily Volume   Daily Value 
 ZENITHBANK        24.40        35,318,861   870,866,230.90
 SOVRENINS          0.30        14,154,506       3,945,605.69
 UBA          7.50        14,109,502   106,098,082.45
 MBENEFIT          0.42        13,543,995       5,565,658.80
 TRANSCORP          0.93        11,465,642     10,419,719.71
 ACCESS          9.10          8,234,432     74,915,976.25
 UPDC          1.30          6,057,211       7,824,618.19

 

Top 7 Traders By Value

 Security   Close Price   Daily Volume   Daily Value 
 ZENITHBANK        24.40        35,318,861   870,866,230.90
 MTNN      163.00          4,745,030   777,735,974.80
 AIRTELAFRI      601.00             690,309   414,718,129.50
 GTCO        29.55          5,583,625   165,198,025.40
 UBA          7.50        14,109,502   106,098,082.45
 ACCESS          9.10          8,234,432     74,915,976.25
 FLOURMILL        29.85          1,804,129     53,783,935.35

NASD OTC

Trading activities on the NASD OTC closed on a flat note. The NASD Security Index (NSI) and Market Capitalisation gained by 2.25% to close at 761.13 points and N541.02 billion respectively. The total volume of securities traded stood at 2,533,744 valued at N96,883410.50.

OTC

SDCSCSPLC, emerged as the top gainer with a percentage of 8.85%, followed by SDNDEP, SDUBNPROP with 6.50% and 1.67%. While SDNGXGROUP declined by -1.75%

 

 

Source: Nasdng.com, GTI Research

Click here for NASD OTC price list

 

FMDQ

MONEY MARKET 12072021

The overnight (O/N) rate closed at 15.00%, depreciating by 5.50% against Friday’s position. while Open Buy-Back (OBB) rate closed at 14.50%, appreciating by 5.25% against Friday’s position.

 

Foreign excahange 12072021

The I&E FX window opened at N411.25, traded high at N412.29, traded low at N400.00, and eventually closed at N411.50, depreciating by 0.06% against Friday’s closing position. However, at the BDC, the naira remains unchanged at N500.00.

foreign reserve 090720211

Nigeria’s foreign reserve weakened by $21.03 million to $33.01 billion on (09/07/2021) from $33.12 billion on (08/07/2021).

 

Crude oil 13072021

The Brent crude declined by $0.39 to $75.16 on (12/07/2021) from $75.55 (09/07/2021), representing a 0.52% decrease in price.

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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