Sell-Off Persists As NSE-ASI shed 0.06%

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Transactions on the local bourse today (Friday) closed on a negative note, as bears continues to take a grip on the stock market for the fourth successive trading sessions. The downturn was buoyed by value depreciation in some blue-chip such as STANBIC, SEPLAT, HONYFLOUR and 17 others. Consequently, the market breath closely negative, recording 18 gainers as against 20 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) shed 25.49 absolute points, representing a loss of 0.06% to close at 40,186.70 points. While the overall Market Capitalization value lost N10.90 billion, representing a decline of 0.05% to close at N21.03 trillion,  following the additional 3.01 billion ordinary shares of 50 kobo each of SUNU Assurances Nigeria Plc at N1.00 per share.

LIVESTOCK emerged as top gainer with a price appreciation of +9.27%, while STANBIC emerged as top losers’ (by percentage points) for today, with the price depreciation of -10.00%.  

Today’s market loss was driven by price depreciation in large and medium capitalized stocks amongst which are; AIICO(-6.50%), SEPLAT(-3.46%), CHAMPION(-2.62%), WAPCO(-2.15%), STERLNBANK(-1.64%), HONYFLOUR(-1.48%), MANSARD(-0.84%), and FBNH(0.68%). 

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MARKET STATISTICS

CAP N21,025,878,918,769.16 One Day (ASI CHG) -0.06%
Index 40,186.70 One Week (ASI CHG) -0.63%
Volume 307,785,595 One Month (ASI CHG) -2.11%
Value N2,905,327,645.41 Six Months (ASI CHG) +59.65%
Deals 4,393 52 Weeks (ASI CHG) +46.01%
Gainers 18 Losers 20
Unchanged 63 Total 101
YTD Returns -0.21%

Source: NSE, GTI Research 

FMDQ ABOUT

FOREIGN EXCHANGE

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

The Investors and Exporters (I&E) FX window opened at N407.61 traded high at N424.15 and eventually closed at N410.00, representing 0.54% depreciation against yesterday’s position. A total of $62.69 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 20.50%, representing a 16.67% appreciation against yesterday’s position, while Open Buy-Back (OBB) rate closed at 20.00%,  representing a 16.50% appreciation as against yesterday’s position.

 

Sector Performance

Security % Change
NSE30 -0.02
NSEBNK 1.95
NSECNSMRGDS 0.08
NSEINDUSTR -0.15
NSEINS -1.83
NSELOTUSISLM -0.09
NSEOILGAS -1.82

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
LIVESTOCK 2.05 2.05 2.24 0.19 9.27
PORTPAINT 2.99 2.99 3.25 0.26 8.70
FTNCOCOA 0.49 0.49 0.53 0.04 8.16
AFRIPRUD 6.9 7 7.3 0.4 5.71
UCAP 5.98 6.57 6.35 0.37 5.63
FIDELITYBK 2.35 2.35 2.48 0.13 5.53
UBA 8 8 8.3 0.3 3.75

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
STANBIC 43 43 38.7 -4.3 -10.00
MAYBAKER 4.65 4.65 4.19 -0.46 -9.89
MULTIVERSE 0.24 0.24 0.22 -0.02 -8.33
NEIMETH 2.18 2.18 2.01 -0.17 -7.80
ROYALEX 0.27 0.27 0.25 -0.02 -7.41
MBENEFIT 0.43 0.43 0.4 -0.03 -6.98
REGALINS 0.3 0.3 0.28 -0.02 -6.67

Top 7 Traders By Volume

Security  Daily Volume  Daily Value Close Price
FBNH              85,578,853     624,734,707.95 7.3
UCAP              53,322,717     341,821,050.25 6.35
UBA              23,348,531     192,945,617.90 8.3
ZENITHBANK              17,575,227     431,955,016.80 24.7
GUARANTY              11,448,340     348,557,382.85 30.4
MANSARD              11,259,886        13,008,074.25 1.18
UNIVINSURE                9,810,000          1,962,100.00 0.2

Top 7 Traders By Value

Security  Daily Volume  Daily Value Close Price
FBNH              85,578,853     624,734,707.95 7.3
ZENITHBANK              17,575,227     431,955,016.80 24.7
GUARANTY              11,448,340     348,557,382.85 30.4
UCAP              53,322,717     341,821,050.25 6.35
SEPLAT                    613,832     326,047,244.00 530
UBA              23,348,531     192,945,617.90 8.3
DANGSUGAR                4,065,250        75,136,575.55 18.5

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