NSE sustain negative trend, dips by 0.22%

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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%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

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%
Gainers 20 Losers 16
Unchanged 78 Total 114
  YTD Returns -9.57%  

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

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.

MONEY MARKET

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.

FIXED INCOME
Securities P. Close Close Change
Bond 974.79 976.87 +2.08 bps
T.Bills 501.52 499.30 -2.22 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

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.

Click here for more on NASD Daily Price List

 

Sector Performance           

Sector %    Change
NSE30 -0.23
BANKING 1.29
CONSUMER GOODS -1.68
INDUSTRIAL -0.57
INSURANCE 0.02
LOTUS ISLAMIC -0.78
OIL/GAS 0.68

Top 7 Gainers       

Company Pclose Open Close Change % Change
NEIMETH 0.55 0.55 0.60 0.05 9.09
COURTVILLE 0.24 0.24 0.26 0.02 8.33
THOMASWY 0.25 0.25 0.27 0.02 8.00
AGLEVENT 0.26 0.26 0.28 0.02 7.69
JAPAULOIL 0.28 0.28 0.30 0.02 7.14
MOBIL 165.00 165.00 174.00 9.00 5.45
MAYBAKER 2.20 2.20 2.32 0.12 5.45

Top 7 Losers           

Company Pclose Open Close Change % Change
UPL 1.85 1.85 1.67 -0.18 -9.73
ROYALEX 0.24 0.24 0.22 -0.02 -8.33
CHAMS 0.36 0.33 0.33 -0.03 -8.33
GOLDINSURE 0.21 0.21 0.20 -0.01 -4.76
HONYFLOUR 1.15 1.15 1.10 -0.05 -4.35
NESTLE 1481.50 1481.50 1430.00 -51.50 -3.48
FBNH 7.50 7.50 7.25 -0.25 -3.33

 Top 7 Traders By Volume    

Company Volume Value(₦) Current Price
GUARANTY                             33,111,322                    1,029,306,368 31.60
ZENITHBANK                             27,019,941                       537,774,994 20.00
ACCESS                             23,026,360                       155,972,469 6.80
UBA                             19,382,882                       120,298,695 6.15
FBNH                               8,893,844                         64,646,853 7.25
UACN                               8,042,224                         57,244,933 7.30
GOLDINSURE                               6,368,848                           1,273,774 0.20

 Top 7 Traders By Value     

Company Volume Value(₦) Current Price
GUARANTY                             33,111,322               1,029,306,368.15 31.60
ZENITHBANK                             27,019,941                  537,774,993.85 20.00
NESTLE                                  222,401                  310,040,463.00 1430.00
ACCESS                             23,026,360                  155,972,468.50 6.80
UBA                             19,382,882                  120,298,694.75 6.15
NB                               1,258,257                    81,674,566.75 65.00
FBNH                               8,893,844                    64,646,852.80 7.25

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