Profit-taking Sentiment Persists As The Stock Market Closed on a Negative Note

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The Nigerian Equity Market, today (Friday) closed the trading session on a negative trajectory as investors on the Custom Street extends profit-taking, amid recent price appreciation on several low-priced stocks. Consequently, the market breadth closed negatively, recording 33 losers as against 21 gainers. 

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) shrinked by 97.16 absolute points, representing a decrease of 0.24% to close at 41,001.99 points. Also, the overall Market Capitalization value loss N50.82 billion, representing a decrease of 0.24% to close at N21.45 trillion.

LIVESTOCK, CORNERST, MBENEFIT and  NIGERINS emerged as top losers (by percentage points) for today, with the maximum price depreciation of -10.00%, while NCR topped the gainers’ chart with a price appreciation of +9.86% .

Today’s market loss was driven by price depreciation in large and medium capitalized stocks amongst which are; JAPAULGOLD(-9.52%), WAPIC(-9.23%), MANSARD(-7.25%), WAPCO(-6.98%), OANDO(-3.43%), UBA(-2.79%), TRANSCORP(-1.72%), ACCESS(-1.08%), and  DANGSUGAR(-0.49%), ACCESS(+0.55%) and AIRTELAFRI(+0.38%).

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MARKET STATISTICS

CAP N21,448,957,031,126.30 One Day (ASI CHG) -0.24%
Index 41,001.99 One Week (ASI CHG) +0.09%
Volume 591,459,505 One Month (ASI CHG) +8.20%
Value N5,072,141,014 Six Months (ASI CHG) +69.62%
Deals 5,767 52 Weeks (ASI CHG) +39.19%
Gainers 19 Losers 30
Unchanged 62 Total 111
YTD Returns +1.82%

Source: NSE, GTI Research

 

Sector Performance

Security Change Percent
NSE30 -0.24
NSEBNK -0.17
NSECNSMRGDS 0.06
NSEINDUSTR -0.5
NSEINS -7.93
NSELOTUSISLM -0.25
NSEOILGAS -0.29

Top 7 Gainers

COMPANY PCLOSE OPEN CLOSE CHANGE %CHANGE
NCR 2.84 0.41 3.12 0.28 9.86
CUTIX 2.06 0.41 2.26 0.20 9.71
CHAMPION 1.78 0.41 1.95 0.17 9.55
MULTIVERSE 0.22 0.41 0.24 0.02 9.09
RTBRISCOE 0.20 0.41 0.21 0.01 5.00
TRANSEXPR 1.05 0.41 1.10 0.05 4.76
NPFMCRFBK 1.76 0.41 1.83 0.07 3.98
PORTPAINT 2.80 0.41 2.90 0.10 3.57

Top 7 Losers

COMPANY PCLOSE OPEN CLOSE CHANGE %CHANGE
LIVESTOCK 2.80 2.80 2.52 -0.28 -10.00
CORNERST 0.80 0.80 0.72 -0.08 -10.00
MBENEFIT 0.50 0.50 0.45 -0.05 -10.00
NIGERINS 0.30 0.30 0.27 -0.03 -10.00
CHIPLC 0.41 0.41 0.37 -0.04 -9.76
AIICO 1.44 1.44 1.30 -0.14 -9.72
MRS 12.40 12.40 11.20 -1.20 -9.68

Top 7 Traders By Volume

COMPANY  VOLUME  VALUE CLOSE
TRANSCORP         169,275,639.0          195,888,739.61 1.14
JAPAULGOLD           47,279,792.0            44,954,938.25 0.95
UBA           36,640,732.0          321,807,091.35 8.70
FBNH           34,309,987.0          250,823,314.15 7.35
ZENITHBANK           25,712,332.0          680,797,976.85 26.50
UACN           22,785,639.0          188,319,813.15 8.30
GUARANTY           20,523,652.0          678,183,963.75 33.10

Top 7 Traders By Value

COMPANY  VOLUME  VALUE CLOSE
MTNN                 6,148,743      1,046,052,151.30      170.00
ZENITHBANK               25,712,332          680,797,976.85         26.50
GUARANTY               20,523,652          678,183,963.75         33.10
AIRTELAFRI                     470,925          367,677,542.20      851.80
UBA               36,640,732          321,807,091.35           8.70
WAPCO               11,923,862          312,739,166.85         26.00
FBNH               34,309,987          250,823,314.15           7.35

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