Negative sentiment returns as investors wealth declined by 0.51%

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The local bourse on Tuesday, nosedived by 0.51% after Monday’s positive rally. This sell pressure was experienced by Insurance, Oil & Gas, Banking and Consumer Goods sectors. Consequently, Market breath closed negative, recording 6 gainers and 23 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

The All Share Index (ASI) decreased by 141.98 absolute points, representing a decline of 0.51% to close at 27,527.40 points. Similarly, the Market Capitalization lost N69.19 billion, representing a dip of 0.51% and closed at N13.41 trillion.

MAYBAKER emerged the top gainer  while BETAGLAS emerged as top loser

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; CADBURY (-9.65%), OANDO (-6.33%), FO (-5.91%), HONYFLOUR (-5.00%), FBNH (-3.70%), WEMABANK (-3.33%), DANGFLOUR (-1.72%), UBA (-1.67%), ZENITHBANK (-1.37%), DANGCEM (-1.18%), TRANSCORP (-1.08%), GUARANTY (-1.07%), and MTNN (-0.19%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

CAP N13,414,658,303,554.10 One Day (ASI CHG) -0.51%
Index 27,527.40 One Week (ASI CHG) -1.05%
Volume 170,722,788 One Month (ASI CHG) -5.96%
Value N2,262,453,672.96 Six Months (ASI CHG) -10.69%
Deals 3,614 52 Weeks (ASI CHG) -24.54%
Gainers 6 Losers 23
Unchanged 79 Total 108
  YTD Returns -12.42%  

Source: NSE, GTI Research

 

FMDQ Securities Exchange

FOREIGN EXCHANGE

The Naira exchange rate remain unchanged to close N306.90/$1 as against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N362.43, traded high at N364.25 and eventually closed at N362.92 representing a 0.20% depreciation as against yesterday’s closing position. A total of $123.98 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 5.21%, representing a 0.79% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 4.64%, representing a 0.79% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 864.36 871.45 +7.09 bps
T.Bills 491.42 495.32 +3.90 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market extends negative sentiment  at the close of today’s trading activities, as the Unlisted Securities Index (USI) declined further by 1.25% to close at 711.58 points against yesterday’s index. Similarly, the Market Capitalization lost by N6.45 billion to close at N511.23 billion. Also, market activities measured by aggregate volume and value decline by 92.99% and 87.50% respectively. Investors traded a total of 70,271 units of shares valued at N2.83 million  in 7 deals.

NASD Daily Price-List

 

Sector Performance       

Sector %    Change
NSE30 -0.59
BANKING -0.72
CONSUMER GOODS -0.12
INDUSTRIAL 0.01
INSURANCE -2.77
LOTUS ISLAMIC -0.18
OIL/GAS -1.18

Top 6 Gainers                                                      

Company Pclose Open Close Change % Change
MAYBAKER 2.30 2.30 2.40 0.10 4.35
UCAP 2.06 2.06 2.14 0.08 3.88
STERLNBANK 2.30 2.30 2.38 0.08 3.48
CCNN 13.00 13.00 13.45 0.45 3.46
ACCESS 6.10 6.15 6.20 0.10 1.64
WAPCO 14.30 14.30 14.50 0.20 1.40

Top 7 Losers         

Company Pclose Open Close Change % Change
BETAGLAS 66.35 66.35 59.75 -6.60 -9.95
CONTINSURE 1.72 1.72 1.55 -0.17 -9.88
CADBURY 11.40 11.40 10.30 -1.10 -9.65
LAWUNION 0.47 0.47 0.43 -0.04 -8.51
CAVERTON 2.50 2.50 2.30 -0.20 -8.00
CHAMS 0.29 0.29 0.27 -0.02 -6.90
OANDO 3.95 3.95 3.70 -0.25 -6.33

 Top 7 Traders By Volume   

Company Volume Value(₦) Current Price
ACCESS                             65,127,051                       409,152,554 6.20
GUARANTY                             17,620,572                       488,820,814 27.70
DANGFLOUR                             16,159,114                       324,548,317 20.00
ZENITHBANK                             10,936,548                       197,415,304 18.00
UBA                               7,579,047                         45,160,463 5.90
FBNH                               6,429,597                         34,142,287 5.20
TRANSCORP                               5,403,243                           5,005,878 0.92

 Top 7 Traders By Value   

Company Volume Value(₦) Current Price
GUARANTY                             17,620,572                  488,820,813.60 27.70
ACCESS                             65,127,051                  409,152,554.15 6.20
DANGFLOUR                             16,159,114                  324,548,317.30 20.00
DANGCEM                               1,502,413                  255,004,939.10 168.00
MTNN                               1,588,086                  204,016,888.25 128.00
ZENITHBANK                             10,936,548                  197,415,304.45 18.00
NESTLE                                    85,815                  107,305,915.70 1270.00

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