Seesaw Sentiment Persist, As ASI Dip By 0.19% To Reverse Previous Day Gain

68 Views

Transactions on the Local Bourse today (Tuesday), closed on a negative note with a dip of 0.19% sustaining a seesaw movement of alternating losses and gains to six consecutive days, following value depreciation of some bellwether stocks. However, the market breadth closed positively, recording 22 gainers and 20 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) shed 77.32 absolute points, representing a loss of 0.19% to close at 40,494.35 points. While the overall Market Capitalization value lost N40.45 billion, representing a decline of 0.19% to close at N21.18 trillion.  

LEARNAFRCA emerged as top gainer with a price appreciation of +9.28%, while CORNERST and UPDCREIT emerged as joint-top losers’ (by percentage points) for today, with the maximum price depreciation of -10.00%.  

Today’s market loss was driven by price depreciation in large and medium capitalized stocks amongst which are; STANBIC(-4.44%), ETI(-4.35%), NB(-3.28%), HONYFLOUR(-3.10%), UBA(-1.17%), STERLNBANK(-1.10%), UCAP(-0.83%), FBNH(-0.68%), ZENITH(-0.60%), and ACCESS(-0.59%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

CAP N21,184,387,686,487.49 One Day (ASI CHG) -0.19%
Index 40,494.35 One Week (ASI CHG) -2.45%
Volume 356,430,619 One Month (ASI CHG) -1.66%
Value N5,762,553,059.31 Six Months (ASI CHG) +60.69%
Deals 5,040 52 Weeks (ASI CHG) +45.89%
Gainers 22 Losers 20
Unchanged 59 Total 101
YTD Returns +0.56%

Source: NSE, GTI Research

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira at the official rate remain unchanged to close at N379.00/$1 as against Monday’s position.

The Investors and Exporters (I&E) FX window opened at N406.54 traded high at N422.99 and eventually closed at N409.67, representing 0.35% appreciation against yesterday’s position. A total of $28.21 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 2.75%, representing a 1.50% depreciation against yesterday’s position, while Open Buy-Back (OBB) rate closed at 2.50%,  representing a 1.50% depreciation as against yesterday’s position.

Sector Performance

Security Change Price
NSE30 -4.48
NSEBNK -1.2
NSECNSMRGDS -3.05
NSEINDUSTR 0.21
NSEINS -3.38
NSELOTUSISLM 2.23
NSEOILGAS 2.98

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
LEARNAFRICA 0.97 0.97 1.06 0.09 9.28
ARDOVA 16.55 16.55 18.05 1.5 9.06
MULTIVERSE 0.24 0.24 0.26 0.02 8.33
WEMABANK 0.65 0.65 0.7 0.05 7.69
GUINNESS 20.5 20.5 22 1.5 7.32
TRIPPLEG 0.75 0.75 0.8 0.05 6.67
AIICO 1.18 1.18 1.25 0.07 5.93

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
CORNERST 0.6 0.6 0.54 -0.06 -10.00
UPDCREIT 6 6 5.4 -0.6 -10.00
CHIPLC 0.42 0.42 0.38 -0.04 -9.52
PRESTIGE 0.47 0.47 0.43 -0.04 -8.51
WAPIC 0.6 0.6 0.55 -0.05 -8.33
MBENEFIT 0.46 0.46 0.43 -0.03 -6.52
LINKASSURE 0.59 0.59 0.56 -0.03 -5.08

Top 7 Traders By Volume

Security  Daily Volume  Daily Value Close Price
GUARANTY              46,158,305.00      1,425,685,866.20 30.9
FBNH              35,341,878.00         256,889,316.90 7.25
DANGSUGAR              26,819,794.00         510,527,309.95 19.05
ZENITHBANK              25,992,467.00         652,648,303.55 25
TRANSCORP              25,342,100.00           25,195,571.28 0.99
UNIVINSURE              22,041,784.00             4,413,318.50 0.2
UACN              14,610,042.00         116,641,185.35 8.3

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
GUARANTY 46158305 1425685866 30.9
SEPLAT 2168139 1190866386 549
ZENITHBANK 25992467 652648303.6 25
DANGSUGAR 26819794 510527310 19.05
MTNN 2627304 473528366.4 180
FBNH 35341878 256889316.9 7.25
STANBIC 4952175 212952348.7 43

You may also like...