NESTLE, FBNH, and 13 Others Halt Equity Market Positive Run, as NGX-ASI Sheds 0.06%

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NGX

The Nigerian Local Bourse today (Wednesday) closed on a negative note, bringing the five consecutive gaining streaks to an end. The bearish sentiment was a result of the investors’ profit-taking in bellwether stocks like NESTLE, FBNH, and 13 others. Consequently, the market indicators (NGX-ASI and market capitalization) declined by 0.06%. However,  the market breadth closed positively recording 23 gainers as against 15 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) declined by 25.53 absolute points, representing a decrease of 0.06%, to close at 41,789.59 points. Similarly, the overall Market Capitalization value lost N12.88 billion, representing a drop of 0.06% to close at N21.81 trillion

 AIICO emerged as the top gainer (by percentage points) with a price appreciation of +9.57%, while GLAXOSMITH emerged as the top loser (by percentage points) for today, with a price depreciation of -10.00%.

Today’s market negative performance was driven by price depreciation in large and medium capitalized stocks which are;  GLAXOSMITH  (-10.00%), TRANSCOHOT (-9.88%), FBNH (-6.05%), VERITASKAP (-4.35%), AFRIPRUD (-3.94%), CUSTODIAN (-3.75%), UPDC (-3.23%), INTBREW (-2.83%), FTNCOCOA (-2.22%), ROYALEX (-1.82%), PZ (-1.54%), FIDELITYBK (-0.72%), STERLNBANK (-0.66%), UBA (-0.59%) AND NESTLE (-0.36%)

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MARKET STATISTICS

CAP N 21,808,533,086,103.86 One Day (ASI CHG) -0.06%
Index 41,789.59 One Week (ASI CHG) +1.31%
Volume 284,601,047 One Month (ASI CHG) +7.53%
Value N 3,203,045,526.35 Six Months (ASI CHG) +6.32%
Deals 5,036 52 Weeks (ASI CHG) +44.20%
Gainers 23 Losers 15
Unchanged 65 Total 103
YTD Returns +3.77%

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI -0.06
NGX30 -0.06
NGXBNK 0.51
NGXCNSMRGDS 0.00
NGXINDUSTR 0.05
NGXINS 1.54
NGXLOTUSISLM -0.05
NGXOILGAS 1.70

 

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
AIICO 0.94 0.94 1.03 0.09 9.57
UPL 1.65 1.65 1.80 0.15 9.09
REDSTAREX 3.20 3.20 3.40 0.20 6.25
TOTAL 207.60 207.60 220.00 12.40 5.97
IKEJAHOTEL 1.10 1.10 1.15 0.05 4.55
SOVRENINS 0.23 0.23 0.24 0.01 4.35
ETI 7.85 7.85 8.05 0.20 2.55

 

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
GLAXOSMITH 7.00 7.00 6.30 -0.70 -10.00
TRANSCOHOT 5.97 5.97 5.38 -0.59 -9.88
FBNH 12.40 12.40 11.65 -0.75 -6.05
VERITASKAP 0.23 0.23 0.22 -0.01 -4.35
AFRIPRUD 6.35 6.35 6.10 -0.25 -3.94
CUSTODIAN 8.00 8.00 7.70 -0.30 -3.75
UPDC 1.86 1.86 1.80 -0.06 -3.23

Top 7 Traders By Volume

Security Close Price  Daily Volume   Daily Value 
FBNH 11.65    75,458,656.00    898,012,945.70
AIICO 1.03    18,418,170.00      17,809,728.91
ETI 8.05    17,320,235.00    137,321,766.75
TRANSCORP 1.02    15,207,489.00      15,492,407.42
FIDELITYBK 2.74    14,029,439.00      38,524,667.95
NGXGROUP 20.05    12,744,927.00    248,044,412.00
ACCESS 9.50    12,625,366.00    119,630,801.40

Top 7 Traders By Value

Security Close Price  Daily Volume   Daily Value 
FBNH 11.65    75,458,656.00    898,012,945.70
NESTLE 1400.00          276,647.00    387,859,392.30
NGXGROUP 20.05    12,744,927.00    248,044,412.00
GTCO 28.55      7,787,341.00    222,473,941.90
NB 51.00      3,677,071.00    184,222,236.15
ZENITHBANK 25.00      5,722,579.00    142,579,952.70
ETI 8.05    17,320,235.00    137,321,766.75

 

FMDQ

 

MONEY MARKET 28102021The overnight (O/N) rate closed higher at 15.25 on Thursday (28/10/2021), appreciating by 0.10% against Wednesday’s position.  Open Buy-Back (OBB) rate closed at 14.80 on Thursday (28/10/2021), appreciating 0.30%  against Wednesday’s position.

 

FOREIGN EXCHANGE 28102021The I&E FX window traded high and low at N444.00 and N404.00 respectively on Thursday (28/10/2021) and eventually closed at N415.10 depreciating 0.01% against Wednesday’s position.

 

FOREIGN RESERVE 28102021

Nigeria’s foreign reserve appreciated by $53.37 million to $41.81 billion on (27/10/2021) from$41.75 billion on (26/10/2021).

 

Crude oil 26102021The WTI crude appreciated by $0.89 to $84.65 on Tuesday (26/10/2021) from $83.76 on Monday (25/10/2021), representing an increase of 1.06%, and the Brent Crude appreciated by $0.48 to $85.65 on Tuesday (26/10/2021) from $85.17 on Monday (25/10/2021), representing an increase of 0.56%. Also,  the Bonny Light depreciated by $0.20 to $85.64 on Tuesday (26/10/2021) from $85.84 on Monday (25/10/2021) representing a decrease of 0.23%

 

 

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