Stock Market Loses 1.40% as DANGCEM and MTNN Reverse Previous Day Gain

184 Views

The equity market today (Friday) ended the trading week on a negative note, reversing the previous day positive sentiment with a decline of 1.40%, buoyed by profit-taking on bellwether shares like DANGCEM, MTN, and 7 others. Conversely, the market breadth closed largely positive, recording 9 losers and 32 gainers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) sheds 574.45 absolute points, representing a decrease of 1.40% to close at 40,439.85 points. While the overall Market Capitalization value lost N300.52 billion, representing a decline of 1.40% to close at N21.16 trillion.  

LIVESTOCK emerged as top loser (by percentage points) for today, with the maximum price depreciation of -9.78% , while  UAC-PROP emerged as top gainer with a price appreciation of +9.59%

Today’s market loss was driven by price depreciation in large and medium capitalized stocks amongst which are; LIVESTOCK (-9.78%), NEM (-9.69%), BUACEMENT (-7.22%), SOVRENIN (7.14%), DANGCEM (-3.51%), FTNCOCOA (-1.92%), MANSARD (-1.60%), GUARANTY (-0.65%),  and MTNN (-0.49%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

CAP N21,155,896,074,753.67 One Day (ASI CHG) -1.40%
Index 40,439.85 One Week (ASI CHG) -3.04%
Volume 395,623,321 One Month (ASI CHG) +0.36%
Value N5,190,444,983.51 Six Months (ASI CHG) +60.85%
Deals 5,321 52 Weeks (ASI CHG) +45.06%
Gainers 32 Losers 9
Unchanged 62 Total 103
YTD Returns +0.42%

Source: NSE, GTI Research

 

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira at the official rate remain unchanged at N379.00/$1 against Wednesday closing position.

The Investors and Exporters (I&E) FX window opened at N401.63 traded high at N422.59 and eventually closed at N404.67, representing 1.17% depreciation against yesterday’s position. A total of $79.07 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 4.75%, representing a 1.08% depreciation against yesterday’s position, while Open Buy-Back (OBB) rate closed at 4.50%,  representing a 0.83% depreciation as against yesterday’s position.

 

Sector Performance

Security Change Percent
NSE30 -1.58
NSEBNK 0.52
NSECNSMRGDS 0.28
NSEINDUSTR -4.55
NSEINS 0.04
NSELOTUSISLM -1.9
NSEOILGAS 0.14

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
UAC-PROP 0.73 0.73 0.80 0.07 9.59
LINKASSURE 0.54 0.49 0.59 0.05 9.26
JAPAULGOLD 0.65 0.65 0.71 0.06 9.23
UNITYBNK 0.65 0.65 0.71 0.06 9.23
AFRINSURE 0.22 0.22 0.24 0.02 9.09
FIDSON 5.40 5.40 5.85 0.45 8.33
REGALINS 0.25 0.25 0.27 0.02 8.00

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
LIVESTOCK 2.25 2.25 2.03 -0.22 -9.78
NEM 2.27 2.27 2.05 -0.22 -9.69
BUACEMENT 79.00 79.00 73.30 -5.70 -7.22
SOVRENINS 0.28 0.28 0.26 -0.02 -7.14
DANGCEM 228.00 228.00 220.00 -8.00 -3.51
FTNCOCOA 0.52 0.52 0.51 -0.01 -1.92
MANSARD 1.25 1.25 1.23 -0.02 -1.60

Top 7 Traders By Volume

Security  Daily Volume   Daily Value  Close Price
ZENITHBANK    55,601,870.00    1,374,683,656.20 25.00
TRANSCORP    42,710,364.00          40,966,340.34 0.97
FBNH    42,068,083.00        302,488,572.90 7.25
GUARANTY    42,060,864.00    1,284,140,405.95 30.35
ACCESS    40,941,359.00        330,479,162.90 8.15
WAPCO    21,335,434.00        522,268,301.45 24.75
ETI    15,656,398.00          85,760,217.65 5.50

Top 7 Traders By Value

Security  Daily Volume   Daily Value  Close Price
ZENITHBANK    55,601,870.00    1,374,683,656.20 25.00
GUARANTY    42,060,864.00    1,284,140,405.95 30.35
WAPCO    21,335,434.00        522,268,301.45 24.75
MTNN      2,439,259.00        442,156,978.70 182.00
ACCESS    40,941,359.00        330,479,162.90 8.15
FBNH    42,068,083.00        302,488,572.90 7.25
DANGSUGAR      6,386,873.00        120,405,239.75 19.20

You may also like...