NESTLE and Others Returned Market Index Southward, as NSE-ASI Declined by 0.59%

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The Nigerian equity market Today (Tuesday) closed bearishly,  to reverse previous day positive sentiment as NSE-ASI dips by 0.59%, following the price depreciation of bellwether stocks like NESTLE, FLOURMILL, WAPCO and 22 others. Consequently, the market breath closed negatively, recording 25 losers and 17 gainers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) contracted by 234.01 absolute points, representing a decrease of 0.59% to close at 39,697.62 points. While the overall Market Capitalization value lose N122.43 billion, representing a decline of 0.59% to close at N20.77 trillion.

MBENEFIT emerged as the top loser (by percentage points) for today, with the price depreciation of -10.00%, while ACADEMY emerged as the top gainer with a price appreciation of +9.76%. .  

Today’s market loss was driven by price depreciation in large and medium capitalized stocks amongst which are; ARDOVA(-9.97%), WAPCO(-7.08%), NESTLE(-6.90%), FLOURMILL(-6.41%), AIICO(-4.96%), UNILEVER(-3.35%), UACN(-3.13%), UBA(-1.80%), TRANSCORP(-1.11%), ACCESS(-0.61%) and ZENITHBANK(-0.58%)

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

CAP N20,769,990,828,591.32 One Day (ASI CHG) -0.59%
Index 39,697.62 One Week (ASI CHG) -1.16%
Volume 222,573,570 One Month (ASI CHG) -6.28%
Value N5,390,312,418.19 Six Months (ASI CHG) +55.92%
Deals 4,470 52 Weeks (ASI CHG) +53.77%
Gainers 17 Losers 25
Unchanged 64 Total 106
YTD Returns -1.42%

Source: NSE, GTI Research 

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira at the official rate remains unchanged to close at N379.00/$1 as against Friday’s position.

The Investors and Exporters (I&E) FX window opened at N410.11 traded high at N415.00 and eventually closed at N411.63, representing 0.59% depreciation against Monday’s position. A total of $24.38 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 4.83%, representing a 1.92% depreciation against yesterday’s position, while Open Buy-Back (OBB) rate closed at 4.33%,  representing a 1.67% depreciation as against yesterday’s position.

Sector Performance

Security Change Percent
NSE30 -0.78
NSEBNK -0.12
NSECNSMRGDS -3.86
NSEINDUSTR -0.41
NSEINS 0.21
NSELOTUSISLM -1.78
NSEOILGAS -0.88

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
ACADEMY 0.41 0.41 0.45 0.04 9.76
PZ 4.80 4.80 5.25 0.45 9.38
BETAGLAS 50.00 50.00 54.00 4.00 8.00
ROYALEX 0.25 0.25 0.27 0.02 8.00
REGALINS 0.26 0.26 0.28 0.02 7.69
LASACO 1.12 1.12 1.20 0.08 7.14
PRESTIGE 0.43 0.43 0.46 0.03 6.98

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
MBENEFIT 0.40 0.40 0.36 -0.04 -10.00
ARDOVA 18.05 18.05 16.25 -1.80 -9.97
CHAMPION 2.27 2.27 2.05 -0.22 -9.69
STERLNBANK 1.60 1.60 1.46 -0.14 -8.75
JAPAULGOLD 0.65 0.65 0.60 -0.05 -7.69
WAPCO 22.60 22.60 21.00 -1.60 -7.08
NESTLE 1450.00 1450.00 1350.00 -100.00 -6.90

Top 7 Traders By Volume

Security  Daily Volume   Daily Value  Close Price
ZENITHBANK   48,101,970.00   1,235,858,146.75 25.65
UCAP   20,238,411.00      121,970,909.85 6.01
MBENEFIT   19,443,038.00           7,224,277.73 0.36
JAPAULGOLD   17,056,734.00        10,483,097.98 0.60
MANSARD     8,972,191.00           9,378,763.86 1.04
FBNH     8,828,325.00        62,546,209.75 7.10
GUARANTY     7,689,626.00      240,742,465.35 31.50

Top 7 Traders By Value

Security  Daily Volume   Daily Value  Close Price
NESTLE     2,023,973.00   2,728,542,054.80 1350.00
ZENITHBANK   48,101,970.00   1,235,858,146.75 25.65
GUARANTY     7,689,626.00      240,742,465.35 31.50
UCAP   20,238,411.00      121,970,909.85 6.01
BETAGLAS     1,750,644.00        94,532,716.00 54.00
OKOMUOIL     1,001,951.00        92,854,599.00 93.00
MTNN        503,064.00        84,929,640.50 174.00

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