Nigerian bourse ends trading week in the south, shed 0.65%

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The Nigeria equity market on Friday completed the bearish week in the south, as market performance indicators shed 0.65%, following investors negative sentiment on MTNN, GUARANTY, FLOURMILL and 21 others . Consequently, the market breadth closed negatively, recording 11 gainers against 24 losers.

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 187.40 absolute points, representing a dip of 0.65% to close at 28,843.53 points, Similarly, the overall Market Capitalization size shed N96.53 billion, representing a decline of 0.65% to close at N14.86 trillion.

COURTVILLE emerged as the top gainer while NAHCO emerged as top loser.

The downtrend was impacted by losses recorded in large and medium capitalized stocks, amongst which are; HONYFLOUR (-9.35%), STANBIC (-7.83),  ETERNA (-7.69%), FBNH (-5.76%),GUARANTY (-3.23%), WAPCO (-3.17%) FLOURMILL (-1.57%), ZENITHBANK (-1.42%), UACN  (-1.11%), UBA (-0.62%), and MTNN (-0.33%).

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MARKET STATISTICS

CAP N14,857,086,058,203.38 One Day (ASI CHG) -0.65%
Index 28,843.53 One Week (ASI CHG) -2.65%
Volume 348,609,025 One Month (ASI CHG) +7.46%
Value N4,206,987,277.29 Six Months (ASI CHG) +4.06%
Deals 4,610 52 Weeks (ASI CHG) -5.61%
Gainers 11 Losers 24
Unchanged 57 Total 92
YTD Returns +7.46%

Source: NSE, GTI Research

 

 

FOREIGN EXCHANGE

The Naira at the official window on Friday closed unchanged at 307.00/$1, against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N363.43, traded high at N365.00 and eventually closed at N363.95, representing a 0.17% appreciation as against yesterday’s closing position. A total of $113.35 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed at 15.33%, representing 9.83% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 14.00%, representing 9.83% appreciation against yesterday’s position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 512.32 509.63 -2.69 bps
T.Bills 616.20 598.68 -17.52 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET

The NASD OTC market on Friday remained unchanged as the Unlisted Securities Index (USI) closed at 698.56. Similarly Market Capitalization closed at N502.29 billion. However, the aggregate volume declined by 28.94% while the value increased by 128.97%, as investors traded a total of 533,129 volume of shares valued at N30.95 million in 9 deals.

NASD Daily Price List

 

Sector Performance

Sector %    Change
NSE30 -0.67
BANKING -1.17
CONSUMER GOODS -0.19
INDUSTRIAL -0.06
INSURANCE -0.37
LOTUS ISLAMIC 0.05
OIL/GAS 0.36

Top 7 Gainers

Company Pclose Open Close Change % Change
COURTVILLE 0.21 0.21 0.23 0.02 9.52
JAIZBANK 0.66 0.66 0.72 0.06 9.09
CHAMPION 0.91 0.91 0.97 0.06 6.59
TRANSCORP 0.93 0.93 0.97 0.04 4.30
OANDO 3.60 3.60 3.70 0.10 2.78
ACCESS 9.65 9.65 9.90 0.25 2.59
LIVESTOCK 0.52 0.52 0.53 0.01 1.92

Top 7 Losers

Company Pclose Open Close Change % Change
COURTVILLE 0.21 0.21 0.23 0.02 9.52
JAIZBANK 0.66 0.66 0.72 0.06 9.09
CHAMPION 0.91 0.91 0.97 0.06 6.59
TRANSCORP 0.93 0.93 0.97 0.04 4.30
OANDO 3.60 3.60 3.70 0.10 2.78
ACCESS 9.65 9.65 9.90 0.25 2.59
LIVESTOCK 0.52 0.52 0.53 0.01 1.92

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ZENITHBANK                            47,420,967                      994,643,096 20.85
UNILEVER                            44,108,471                      661,632,172 15.00
UBA                            30,234,955                      241,783,079 8.00
GUARANTY                            26,300,487                      790,168,630 30.00
ACCESS                            23,941,123                      226,201,895 9.90
MBENEFIT                            22,165,212                          4,473,727 0.20
FBNH                            20,461,897                      136,907,815 6.55

Top 7 Traders By Value 

Company Volume Value(₦) Current Price
ZENITHBANK                            47,420,967                 994,643,095.65 20.85
GUARANTY                            26,300,487                 790,168,630.05 30.00
UNILEVER                            44,108,471                 661,632,172.40 15.00
MTNN                              2,802,067                 335,768,278.90 119.60
UBA                            30,234,955                 241,783,078.85 8.00
ACCESS                            23,941,123                 226,201,895.40 9.90
FBNH                            20,461,897                 136,907,814.60 6.55

 

GTI

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