NSE sustain negative trend, dips by 0.22%
Transactions in the Nigerian Stock Exchange (NSE) sustained its bearish run, declining by 0.22% following losses in 16 stocks. Market breadth closed positive, recording 20 gainers and 16 losers.
NSE Trading Floor
The All Share Index (ASI) shed 61.68 absolute points, representing a decline of 0.22% to close at 28,422.76 points. Similarly, Market Capitalization decreased by N23.17 billion representing a dip of 0.22% to close at N10.68 trillion.
NEIMETH emerged the top gainer while UPL emerged as top loser.
The downtrend was impacted by losses recorded in medium and large capitalized stocks, amongst which are; HONYFLOUR (-4.35%), NESTLE (-3.48%), FBNH (-3.33%), WAPCO (-2.73%), DANGSUGAR (-1.45%), ETI (-1.45%), and SEPLAT (-0.38%).
|CAP||N10,678,149,314,697.81||One Day (ASI CHG)||-0.22%|
|Index||28,422.76||One Week (ASI CHG)||-2.32%|
|Volume||200,075,304||One Month (ASI CHG)||-3.85%|
|Value||N2,690,845,064.29||Six Months (ASI CHG)||-11.48%|
|Deals||3,600||52 Weeks (ASI CHG)||-30.13%|
The Naira exchange rate at the official window remain unchanged to close at N306.95/$1, against yesterday’s position.
The Investors and Exporters (I&E) FX window opened at N360.20, traded high at N361.80 and eventually closed at N360.53 representing a 0.08% appreciation against yesterday’s closing position. A total of $165.41 million was transacted through the I&E window today.
Overnight(O/N) rate closed at 12.64%, representing a 4.07% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 11.71%, representing a 4.29% depreciation against yesterday’s closing position.
|Note: BPS=> Basis Points|
NASD OTC MARKET
The NASD market halted two trading days negative sentiment after today’s trading activities as the Unlisted Securities Index (USI) gained 0.69% to close at 765.89 points against yesterday’s index. Market Capitalization also grew by N3.78 billion to closed at N550.24 billion. Market activities measured by aggregate volume and value grew by 1,789.39% and 62.47% respectively. Investors traded a total of 1.56 million units of shares valued at N29.51 million in 6 deals.
Three securities were traded on the OTC Platform today and they include SDAFRILAND, SDCSCPLC and SDNDEP.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value