NSE-ASI dips marginally by 0.01% as investors halts two days gaining streak

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Transactions on the Nigerian stock market today (Thursday) closed on a negative note, contracting marginally by 0.01%, halting the previous positive momentum of two consecutive trading days, following sell pressure on some bellwether stocks like ACCESS, DANGSUGAR, FBNH and 12 other. Consequently, the market breadth closed on a negatively, recording 15 losers as against 10 gainers.

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 1.51 absolute points, representing a dip of 0.01% to close at 24,276.56 points. Similarly, the overall Market Capitalization size shed N0.79 billion, representing a contraction of 0.01% to close at N12.66 trillion.

LAWUNION emerged as the top gainer while CONOIL emerged as the top loser.

The dowturn was impacted by loses recorded in large and medium capitalized stocks, amongst which are; FBNH (-0.94%) DANGSUGAR (0.86%), ACCESS (-0.78%) and FIDELITYBK (-0.56%).

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MARKET STATISTICS

CAP N12,664,091,830,276.94 One Day (ASI CHG) -0.01%
Index 24,276.56 One Week (ASI CHG) -0.40%
Volume 192,081,951 One Month (ASI CHG) -4.18%
Value N2,470,093,437.51 Six Months (ASI CHG) -17.41%
Deals 3,833 52 Weeks (ASI CHG) -17.20%
Gainers 10 Losers 15
Unchanged 78 Total 103
YTD -9.56%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window on Thursday closed at 381.00/$1,  unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N386.96, traded high at N390.00, and eventually closed at N386.50, representing a 0.06% appreciation against the previous day’s closing position. A total of $25.19 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed at 16.10%, representing a 4.90% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 15.20%, representing a 4.80% depreciation against the previous day’s position.

 

FIXED INCOME
Securities Close P. Close Change
Bond 323.13 322.55 +0.58 bps
T.Bills 277.39 220.63 +6.76 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

 The NASD OTC market today (Thursday) closed on a positive note, as the Unlisted Securities Index (USI) closed at 709.22, representing a 0.14% appreciation against the previous day’s closing position. Similarly, Market Capitalization shed N750 million closed at N520.97 billion, representing a 0.14% appreciation against the previous day’s closing position. However, the aggregate volume and value contracted by 77.39% and 81.20% aggregated respectively, as investors traded a total of 71.488 shares, worth N1.39 million in 7 deal.

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Sector Performance

Sector % Change
NSE30 0.02
BANKING 0.60
CONSUMER GOODS -0.64
INDUSTRIAL 0.02
INSURANCE 0.64
LOTUS ISLAMIC -0.05
OIL/GAS -0.44

 

Top 7 Gainers

Company Pclose Open Close Change % Change
LAWUNION 1.00 1.00 1.07 0.07 7.00
HONYFLOUR 0.91 0.91 0.97 0.06 6.59
STERLNBANK 1.20 1.20 1.27 0.07 5.83
PZ 4.20 4.20 4.35 0.15 3.57
CAVERTON 1.74 1.74 1.80 0.06 3.45
AIICO 0.91 0.91 0.94 0.03 3.30
ETI 4.60 4.60 4.75 0.15 3.26

 

Top 7 Losers

Company Pclose Open Close Change % Change
CONOIL 21.00 21.00 18.90 -2.10 -10.00
ARBICO 1.89 1.89 1.71 -0.18 -9.52
VITAFOAM 5.59 5.59 5.07 -0.52 -9.30
INTBREW 3.95 3.95 3.60 -0.35 -8.86
JAIZBANK 0.56 0.56 0.52 -0.04 -7.14
NPFMCRFBK 1.29 1.29 1.20 -0.09 -6.98
UAC-PROP 0.95 0.90 0.90 -0.05 -5.26

 

Top 7 Traders By VolumeTop

Company Volume Value(₦) Current Price
FIDELITYBK                            38,064,606                        68,549,039 1.79
GUARANTY                            23,578,640                      534,467,897 22.75
ZENITHBANK                            23,080,402                      385,442,985 16.75
ACCESS                            11,424,332                        73,860,834 6.35
UBA                            10,604,152                        68,104,489 6.40
MBENEFIT                              9,784,525                          2,055,779 0.21
NB                              9,051,763                      308,388,382 34.05

 

7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                            23,578,640                 534,467,897.40 22.75
ZENITHBANK                            23,080,402                 385,442,984.65 16.75
MTNN                              3,256,014                 374,537,091.00 115.00
NB                              9,051,763                 308,388,381.80 34.05
NESTLE                                 124,245                 139,702,140.20 1175.00
DANGCEM                                 819,635                 101,610,782.10 126.00
ACCESS                            11,424,332                   73,860,834.05 6.35

 

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