Sell-off in the Consumer Goods Sector Drags Equity Market to Shed 1.09%.

234 Views

The equity market closed lower today, shedding 1.09% to halt uptrend of four consecutive trading days. The dip was aided by sell off in major Consumer Goods sectors, among others. Market breadth closed negative, recording 21 gainers against 24 losers.

In summary, the All Share Index (ASI) was down by 404.95 absolute points, representing a dip of 1.09%, closing at 36,612.83 points. Similarly, the market capitalization decreased by N146.69 billion, representing a dip of 1.09%, closing at N13.26 trillion.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; CAP (-10.00%), FIDELITYBK (-8.04%), ACCESS (-3.00%), UBA (-2.62%), NESTLE (-2.50%), DIAMONDBNK (-2.38%), NB (-1.90%), DANGCEM (-1.28%), DANGSUGAR (-1.18%), PZ (-0.66%) and GUARANTY (-0.37%).

Sector Performance

Sector %    Change
NSE30 -1.10
BANKING -0.66
CONGLOMERATE -1.10
CONSUMER GOODS -2.31
INDUSTRIAL -0.42
INSURANCE 0.02
LOTUS ISLAMIC -0.58
OIL/GAS 0.57

 

Top 7 Gainers                                                                                    Number of Gainers (21)

Company Pclose Open Close Change % Change
NEIMETH 0.50 0.50 0.55 0.05 10.00
JAIZBANK 0.58 0.58 0.63 0.05 8.62
OKOMUOIL 74.70 74.70 81.00 6.30 8.43
MBENEFIT 0.36 0.36 0.39 0.03 8.33
UNIONDAC 0.26 0.26 0.28 0.02 7.69
HMARKINS 0.27 0.27 0.29 0.02 7.41
MAYBAKER 2.30 2.30 2.45 0.15 6.52

 

Top 7 Losers                                                                                       Number of Losers (24)

Company Pclose Open Close Change % Change
CAP 35.00 35.00 31.50 -3.50 -10.00
ROYALEX 0.30 0.30 0.27 -0.03 -10.00
INTBREW 37.00 37.00 33.40 -3.60 -9.73
UNITYBNK 0.86 0.86 0.78 -0.08 -9.30
EQUITYASUR 0.22 0.22 0.20 -0.02 -9.09
FIDELITYBK 1.99 1.99 1.83 -0.16 -8.04
REGALINS 0.25 0.25 0.24 -0.01 -4.00

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ZENITHBANK                       94,859,165.00              2,185,861,541.65 23.05
UBA                       28,674,629.00                 271,898,059.65 9.30
NB                       15,108,209.00              1,554,691,312.10 103.00
FIDELITYBK                       12,622,408.00                   23,568,650.79 1.83
STERLNBANK                         8,175,283.00                   11,730,465.06 1.45
TRANSCORP                         6,454,635.00                     7,656,719.54 1.20
DIAMONDBNK                         6,381,549.00                     7,828,651.80 1.23

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                       94,859,165.00              2,185,861,541.65 23.05
NB                       15,108,209.00              1,554,691,312.10 103.00
UBA                       28,674,629.00                 271,898,059.65 9.30
GUARANTY                         4,489,153.00                 179,204,226.20 39.90
NESTLE                            106,749.00                 166,546,657.60 1560.00
BETAGLAS                         1,001,531.00                   78,108,331.70 78.00
FBNH                         4,736,257.00                   47,134,466.05 9.95

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *