Stock market opens December on a negative note, sheds N5.6 billion

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The Nigeria Stock Exchange (NSE) on Monday, opened the month of December on a negative note by shedding N5.58 billion from the market capitalization. The decline was driven by drops in Industrial goods, Banking, and Oil & Gas sectors. As a result, market breadth closed negative, recording 12 gainers as against 17 losers.

 

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 11.56 absolute points, representing a decline of 0.04% to close at 26,990.59 points. Similarly, the overall Market Capitalization size lost N5.58 billion, representing a dip of 0.04% to close at N13.03 trillion.

UNILEVER emerged as the top gainer,  while  SOVRENINS emerged as top loser.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; UACN (-8.75%), FCMB (-5.47%), CCNN (-5.00%), OANDO (-1.33%), TRANSCORP (-0.99%), UBA (-0.71%), ACCESS (-0.54%) and GUARANTY (-0.49%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

 

CAP N13,027,079,537,873.45 One Day (ASI CHG) -0.04%
Index 26,990.59 One Week (ASI CHG) -0.17%
Volume 246,507,806 One Month (ASI CHG) +2.65%
Value N2,436,507,277.63 Six Months (ASI CHG) -13.13%
Deals 3,093 52 Weeks (ASI CHG) -12.58%
Gainers 12 Losers 17
Unchanged 60 Total 89
YTD Returns -14.13%

 

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira at the official rate closed at N306.95/$1  representing 0.02% appreciation as against last Friday’s position.

The Investors and Exporters (I&E) FX window opened at N362.38, traded high at N363.65 and eventually closed at N361.70, representing 0.31% appreciation against last Friday’s position. A total of $346.91 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 4.29%, representing a 0.21% depreciation against last Friday’s position, while Open Buy-Back (OBB) rate closed at 3.43%,  representing a 0.36% depreciation as against last Friday’s position.

FIXED INCOME
Securities P. Close Close Change
Bond 724.89 738.83 +13.94 bps
T.Bills 632.45 640.68 +8.23 bps
Note: BPS=> Basis Points

 

 

Source: FMDQ, GTI Research 

 

 

 

NASD OTC MARKET         

The NASD OTC market on Monday remains unchanged, as the Unlisted Securities Index (USI) closed at 692.82 points. Similarly, the Market Capitalization closed at N497.75 billion as against last Friday’s position. However, the aggregate volume and value declined by 99.94% and 98.72% respectively, as investors traded a total of 12,450 units of shares valued at N1.40 million in 5 deals.

NASD Daily Price List

 

Sector Performance

Sector %    Change
NSE30 0.13
BANKING -0.16
CONSUMER GOODS 0.71
INDUSTRIAL -1.20
INSURANCE 1.02
LOTUS ISLAMIC -0.27
OIL/GAS -0.15

Top 7 Gainers 

Company Pclose Open Close Change % Change
UNILEVER 16.10 16.10 17.70 1.60 9.94
LAWUNION 0.65 0.65 0.71 0.06 9.23
CHAMS 0.35 0.35 0.38 0.03 8.57
COURTVILLE 0.24 0.24 0.26 0.02 8.33
INTBREW 9.40 9.40 10.00 0.60 6.38
MANSARD 1.70 1.70 1.80 0.10 5.88
ROYALEX 0.23 0.23 0.24 0.01 4.35

Top Losers

Company Pclose Open Close Change % Change
SOVRENINS 0.22 0.22 0.20 -0.02 -9.09
UACN 8.00 8.00 7.30 -0.70 -8.75
UNITYBNK 0.71 0.71 0.65 -0.06 -8.45
CORNERST 0.79 0.79 0.73 -0.06 -7.59
FCMB 2.01 2.01 1.90 -0.11 -5.47
WAPIC 0.38 0.38 0.36 -0.02 -5.26
CCNN 20.00 20.00 19.00 -1.00 -5.00

 Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FCMB                             97,771,849                       186,015,513 1.90
ZENITHBANK                             21,778,753                       406,838,511 18.60
FBNH                             15,192,967                       102,808,656 6.70
NB                             12,045,960                       614,938,793 51.05
UBA                             11,969,762                         84,150,819 7.00
ACCESS                             10,130,520                         92,553,274 9.20
COURTVILLE                               8,211,977                           1,952,794 0.26

  Top 7 Traders By Value 

Company Volume Value(₦) Current Price
NB                             12,045,960                  614,938,793.15 51.05
ZENITHBANK                             21,778,753                  406,838,511.20 18.60
DANGCEM                               2,468,451                  352,604,916.20 143.00
GUARANTY                               7,128,459                  215,350,380.75 30.30
FCMB                             97,771,849                  186,015,512.69 1.90
MTNN                                  910,850                  106,427,901.20 120.00
FBNH                             15,192,967                  102,808,656.10 6.70

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