Profit-taking Drags Market Index Southward, as Market Cap losses N25 Billion

128 Views

Trading activities today (Thursday) ended on a bearish note, as the market performance indicators (ASI and Market Cap) sheds 0.12%, following  investors’  profit-taking worth N25billion. As a result, the market breadth closed negatively, recording 50 losers as against 14 gainers. 

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) plunge 48.57 absolute points, representing a decrease of 0.12% to close at 41,099.15 points. Also, the overall Market Capitalization value loss N25.41 billion, representing a decline of 0.12% to close at N21.499.42 trillion.

MULTIVERSE and NNFM, emerged as joint-top gainers’ (by percentage points) for today, with the maximum price appreciation of +10.00%, while CHAMS and PRESTIGE topped the losers’ chart with a price depreciation of -10.00%.

Today’s market loss was driven by price depreciation in large and medium capitalized stocks amongst which are; MANSARD(-9.80%), CADBURY(-9.72%), TRANSCORP(-9.38%), FLOURMILL(-2.77%), UBN(-2.68%), UBA(-1.65%) DANGSUGAR(-0.98%), DANGCEM(-0.21%), GUARANTY(-0.15%), and MTNN(-0.12%).

Click here for more on NE Daily Price List

MARKET STATISTICS

CAP N21,499,421,868,195.23 One Day (ASI CHG) -0.12%
Index 41,099.15 One Week (ASI CHG) +1.88%
Volume 1,121,363,848 One Month (ASI CHG) +9.76%
Value N6,397,646,061.34 Six Months (ASI CHG) +70.01%
Deals 7,404 52 Weeks (ASI CHG) +39.50%
Gainers 14 Losers 50
Unchanged 51 Total 115
YTD Returns +2.06%

Source: NSE, GTI Research

 

Sector Performance

Security Change Percent
NSE30 -0.25
BANKING -0.23
CONSUMER GOODS -0.30
INDUSTRIAL GOODS 0.27
INSURANCE -6.70
LOTUS ISLAMIC 0.03
OIL & GAS 0.15

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price %Change
MULTIVERSE 0.20 0.20 0.22 0.02 10.00
NNFM 8.80 8.80 9.68 0.88 10.00
CHAMPION 1.62 1.62 1.78 0.16 9.88
NCR 2.59 2.59 2.84 0.25 9.65
TRANSEXPR 0.96 0.96 1.05 0.09 9.38
SOVRENINS 0.33 0.33 0.36 0.03 9.09
WAPCO 26.50 26.50 27.95 1.45 5.47

Top 7 Losers

Security Previous Close Open Price Close Price Change Price %Change
CHAMS 0.30 0.30 0.27 -0.03 -10.00
PRESTIGE 0.60 0.60 0.54 -0.06 -10.00
TOURIST 3.15 3.15 2.84 -0.31 -9.84
MRS 13.75 13.75 12.40 -1.35 -9.82
MANSARD 1.53 1.38 1.38 -0.15 -9.80
CADBURY 10.80 10.80 9.75 -1.05 -9.72
WAPIC 0.72 0.79 0.65 -0.07 -9.72

Top 7 Traders By Volume

Security  Daily Volume   Daily Value  Close Price
TRANSCORP               428,291,699        559,209,295.97 1.16
GUARANTY                  62,054,558    2,047,844,607.85 33.00
SOVRENINS                  61,430,185          20,902,808.83 0.36
MBENEFIT                  58,543,247          31,131,830.22 0.50
UNIVINSURE                  38,068,445             9,812,364.22 0.25
UBA                  27,287,066        245,992,102.00 8.95
ZENITHBANK                  26,790,148        708,145,358.15 26.45

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
GUARANTY                  62,054,558    2,047,844,607.85 33.00
ZENITHBANK                  26,790,148        708,145,358.15 26.45
WAPCO                  22,652,115        620,529,487.00 27.95
TRANSCORP               428,291,699        559,209,295.97 1.16
MTNN                    3,125,260        531,372,941.50 170.00
NB                    7,066,792        430,854,626.70 61.00
UBA                  27,287,066        245,992,102.00 8.95

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.

You may also like...