NSE Market Capitalization recede by 0.16% as attention turned to rescheduled election

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The equity market today closed lower, extending yesterday’s loss by 0.16%. This was driven by decline in Cadbury and 16 other stocks. Market breadth closed positive, recording 20 gainers and 17 losers.

NSE Trading Floor

The All Share Index (ASI) shed 53.13 absolute points, representing a decrease of 0.16%, to close at 32,568.66 points. Similarly, Market Capitalization declined by N19.82 billion representing a decline of 0.16%, to close at N12.13 trillion.

INITSPLC emerged the top gainer while CADBURY emerged  as the top loser.

The downtrend was impacted by losses recorded in medium and large capitalized stocks, amongst which are; OKOMUOIL (-5.82%), WEMABANK (-5.62%), TRANSCORP (-3.33%), NB (-3.03%), FLOURMILL (-2.42%), DANGSUGAR (-0.99%), and DANGCEM (-0.31%), 

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MARKET STATISTICS

CAP N12,125,539,772,733.05 One Day (ASI CHG) -0.16
Index 32,515.52 One Week (ASI CHG) -0.61
Volume 221,466,260 One Month (ASI CHG) +5.79
Value N2,240,863,007.37 Six Months (ASI CHG) -6.20
Deals 2,659 52 Weeks (ASI CHG) -23.06
Gainers 20 Losers 17
Unchanged 66 Total 103
  YTD Returns +3.42  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate   remain unchanged to closed at N306.80 against yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N361.71, traded high at N363.25 and eventually closed at N361.49, to remain unchanged against yesterday’s closing price. A total of $292.34 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 20.25%, representing a 5.67% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 18.83%, representing a 5.17% appreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 851.19 841.53 -9.66 bps
T.Bills 575.81 559.16 -16.65 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance     

Sector %    Change
NSE30 -0.22
BANKING 0.48
CONSUMER GOODS -0.81
INDUSTRIAL -0.16
INSURANCE 0.68
LOTUS ISLAMIC -0.21
OIL/GAS 0.89

Top 7 Gainers       

Company Pclose Open Close Change % Change
INITSPLC 0.67 0.67 0.73 0.06 8.96
JAPAULOIL 0.23 0.23 0.25 0.02 8.70
MCNICHOLS 0.47 0.47 0.51 0.04 8.51
IKEJAHOTEL 1.99 1.99 2.13 0.14 7.04
UNIONDAC 0.29 0.29 0.31 0.02 6.90
WAPIC 0.41 0.41 0.43 0.02 4.88
MOBIL 170.00 170.00 178.00 8.00 4.71

 

Top 7 Losers      

Company Pclose Open Close Change % Change
CADBURY 11.50 11.50 10.40 -1.10 -9.57
LIVESTOCK 0.63 0.63 0.58 -0.05 -7.94
FIRSTALUM 0.31 0.31 0.29 -0.02 -6.45
LEARNAFRCA 1.55 1.55 1.45 -0.10 -6.45
OKOMUOIL 85.00 85.00 80.05 -4.95 -5.82
WEMABANK 0.89 0.89 0.84 -0.05 -5.62
NEIMETH 0.64 0.64 0.61 -0.03 -4.69

Top 7 Traders By Volume     

Company Volume Value(₦) Current Price
DIAMONDBNK                            40,722,123                        98,657,580 2.45
CORNERST                            26,647,973                          5,581,399 0.21
ACCESS                            22,677,534                      144,233,365 6.40
GUARANTY                            19,069,371                      729,981,012 38.20
FBNH                            16,321,161                      135,795,041 8.35
FCMB                            11,905,472                        26,668,394 2.22
FIDELITYBK                            11,060,452                        27,123,133 2.47

Top 7 Traders By Value       

Company Volume Value(₦) Current Price
GUARANTY                            19,069,371                 729,981,011.80 38.20
NESTLE                                 309,688                 489,616,472.70 1580.00
ACCESS                            22,677,534                 144,233,365.00 6.40
FBNH                            16,321,161                 135,795,040.60 8.35
ZENITHBANK                              4,348,641                 111,285,507.55 25.75
DIAMONDBNK                            40,722,123                   98,657,579.82 2.45
STANBIC                              1,502,353                   72,864,233.00 48.50

   

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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