Stock Exchange posts marginal loss to extend downtrend

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Equities trading on the Nigerian Stock Exchange (NSE) continued its downtrend by posting a marginal loss of 0.02%. Subsequently, only the oil&gas sector closed negatively.  Nonetheless,  market breadth closed positive, with 25 gainers as against 14 losers.

NSE Trading Floor

The All Share Index (ASI) decreased by 7.41 absolute points, representing a decline of 0.02% to close at 29,765.31 points. Similarly, the Market Capitalization lost N3.27 billion, representing a dip of 0.02% to close at N13.12 trillion.

WAPCO emerged the top gainer while CILEASING emerged as top loser.

The downtrend was impacted by losses recorded in large and medium capitalized stocks, amongst which are; FO (-9.96%), MTNN (-1.52%), ZENITHBANK (-0.99%), STANBIC (-0.95%),  and CADBURY (-0.91%)

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MARKET STATISTICS  

CAP N13,116,719,930,689.43 One Day (ASI CHG) -0.02%
Index 29,765.31 One Week (ASI CHG) -0.88%
Volume 275,487,479 One Month (ASI CHG) +1.33%
Value N3,907,086,318.76 Six Months (ASI CHG) -3.37%
Deals 3,977 52 Weeks (ASI CHG) -22.90%
Gainers 25 Losers 14
Unchanged 63 Total 102
  YTD Returns -5.30%  

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira exchange rate remain unchanged after today’s transaction closed at N306.95/$1 as against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N360.25, traded high at N361.50 and eventually closed at N360.69 representing a 0.04% depreciation as against yesterday’s closing position. A total of $100.05 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 5.00%, representing 2.50% depreciation as against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 4.43%, representing a 2.43% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 970.23 962.96 -7.27 bps
T.Bills 534.43 533.19 -1.24 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market halted its three consecutive negative sentiment at the end of today’s trading session, as the Unlisted Securities Index (USI) grew by 1.95% to close at 733.28 points against yesterday’s index. Also, the Market Capitalization gained N10.09 billion, to close at N526.82 billion. However, Market activities measured by aggregate volume and value traded declined by 58.01%. and 78.66% respectively. Investors traded a total of 231,959 units of shares valued at N6.68 million in 10 deals.

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Sector Performance         

Sector %    Change
NSE30 0.41
BANKING 0.63
CONSUMER GOODS 0.44
INDUSTRIAL 1.90
INSURANCE 3.68
LOTUS ISLAMIC 0.11
OIL/GAS -1.05

  Top 7 Gainers    

Company Pclose Open Close Change % Change
WAPCO 9.55 9.55 10.50 0.95 9.95
LINKASSURE 0.56 0.56 0.61 0.05 8.93
THOMASWY 0.34 0.34 0.37 0.03 8.82
MANSARD 1.79 1.79 1.94 0.15 8.38
NEM 2.45 2.45 2.65 0.20 8.16
CHAMPION 1.32 1.32 1.42 0.10 7.58
ABCTRANS 0.27 0.27 0.29 0.02 7.41

Top 7 Losers           

Company Pclose Open Close Change % Change
CILEASING 6.30 6.30 5.67 -0.63 -10.00
FO 34.65 34.65 31.20 -3.45 -9.96
WAPIC 0.45 0.45 0.41 -0.04 -8.89
COURTVILLE 0.23 0.23 0.21 -0.02 -8.70
NEIMETH 0.56 0.56 0.52 -0.04 -7.14
LIVESTOCK 0.60 0.60 0.56 -0.04 -6.67
UNITYBNK 0.76 0.76 0.71 -0.05 -6.58

 Top 7 Traders By Volume    

Company Volume Value(₦) Current Price
STERLNBANK                             54,959,157                       131,912,735 2.42
WAPCO                             32,441,376                       340,634,448 10.50
ACCESS                             26,929,154                       185,114,110 6.90
GUARANTY                             25,844,722                       801,296,700 31.25
ZENITHBANK                             19,872,521                       398,892,304 20.00
ETRANZACT                             12,947,362                         30,814,722 2.38
NB                               8,276,249                       475,725,429 57.50

 Top 7 Traders By Value     

Company Volume Value(₦) Current Price
GUARANTY                             25,844,722                  801,296,699.80 31.25
NB                               8,276,249                  475,725,428.50 57.50
DANGCEM                               2,368,750                  431,268,735.90 182.00
ZENITHBANK                             19,872,521                  398,892,303.85 20.00
MTNN                               2,680,323                  348,935,678.00 130.00
WAPCO                             32,441,376                  340,634,448.00 10.50
ACCESS                             26,929,154                  185,114,109.75 6.90

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