Stock Market records weekly seesaw performance, closes last trading session in the red

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Activities in the equity market experienced a seesaw performance this week following a loss in 3 days and 2 days of gain. On the last trading day of the week, the market closed negative to post 0.09% decline.  Market breadth closed positive, recording 29 gainers and 14 losers.

NSE Trading Floor

In summary, the All Share Index (ASI) was down by 29.26 absolute points, representing a decrease of 0.09%, closing at 30,773.64 points. Similarly, Mar ket Capitalization decreased by N10.69 billion representing a dip of 0.09%, closing at N11.24 trillion.

UACN emerged the top gainer while VERITASKAP emerged the top loser.

The downturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; TRANSCORP (–4.76%), ACCESS (-4.73%), FCMB (-4.62%), GUARANTY (-2.59%), DANGCEM (-1.58%), SEPLAT (-1.43%), DANGFLOUR (0.72%) and FLOURMILL (-0.24%).

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MARKET STATISTICS

CAP N11,240,643,704,051.08 One Day (ASI CHG) -0.09
Index 30,773.64 One Week (ASI CHG) +0.33
Volume 193,538,455 One Month (ASI CHG) -3.74
Value N3,665,995,008.26 Six Months (ASI CHG) -29.34
Deals 2,922 52 Weeks (ASI CHG) -19.76
Gainers 29 Losers 14
Unchanged 54 Total 97
  YTD Returns -19.53  

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate remain unchanged to closed at N306.95 against yesterday’s closing price

The Investors and Exporters (I&E) FX window opened at N364.60, traded high at N367.00 and eventually closed at N364.54, representing a 0.01% appreciation against Thursday’s closing price. A total of $319.96 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 25.08%, representing a 10.25% appreciation against Thursday’s closing position, while Open Buy-Back (OBB) rate also closed at 21.67% representing a 8.08% appreciation against Thursday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 858.80 852.26 -6.54 bps
T.Bills 606.76 589.20 -17.56 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 -0.03
BANKING -0.54
CONSUMER GOODS 0.90
INDUSTRIAL 0.30
INSURANCE 1.86
LOTUS ISLAMIC 0.83
OIL/GAS 1.82

 

Top 7 Gainers

Company Pclose Open Close Change % Change
MOBIL 168 168 184.8 16.80 10.00
UACN 10 10 11 1.00 10.00
NEM 2.53 2.53 2.78 0.25 9.88
NEIMETH 0.72 0.72 0.79 0.07 9.72
FO 25.95 25.95 28.45 2.50 9.63
DIAMONDBNK 1.37 1.37 1.50 0.13 9.49
UNITYBNK 0.88 0.88 0.96 0.08 9.09

 

Top 7 Losers

Company Pclose Open Close Change % Change
VERITASKAP 0.25 0.25 0.23 -0.02 -8.00
LASACO 0.32 0.32 0.3 -0.02 -6.25
REGALINS 0.21 0.21 0.2 -0.01 -4.76
ROYALEX 0.21 0.21 0.2 -0.01 -4.76
TRANSCORP 1.26 1.26 1.2 -0.06 -4.76
ACCESS 7.4 7.4 7.05 -0.35 -4.73
FCMB 1.73 1.73 1.65 -0.08 -4.62

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
GUARANTY                       29,759,153.00              1,013,715,223.20 33.80
ZENITHBANK                       24,936,630.00                 570,228,845.75 22.70
FBNH                       17,337,116.00                 134,551,668.10 7.90
TRANSCORP                       16,698,794.00                   20,504,714.01 1.20
ACCESS                       15,351,317.00                 107,818,387.80 7.05
UBA                       13,131,062.00                 101,253,928.50 7.85
FCMB                       11,706,123.00                   19,581,051.50 1.65

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                       29,759,153.00              1,013,715,223.20 33.80
DANGCEM                         3,137,523.00                 585,175,247.00 187.00
ZENITHBANK                       24,936,630.00                 570,228,845.75 22.70
NESTLE                            379,827.00                 558,376,124.00 1470.10
NB                         3,106,910.00                 244,454,434.20 80.00
FBNH                       17,337,116.00                 134,551,668.10 7.90
ACCESS                       15,351,317.00                 107,818,387.80 7.05

 

Sector Performance

Sector %    Change
NSE30 -0.03
BANKING -0.54
CONSUMER GOODS 0.90
INDUSTRIAL 0.30
INSURANCE 1.86
LOTUS ISLAMIC 0.83
OIL/GAS 1.82

 

Top 7 Gainers

Company Pclose Open Close Change % Change
MOBIL 168 168 184.8 16.80 10.00
UACN 10 10 11 1.00 10.00
NEM 2.53 2.53 2.78 0.25 9.88
NEIMETH 0.72 0.72 0.79 0.07 9.72
FO 25.95 25.95 28.45 2.50 9.63
DIAMONDBNK 1.37 1.37 1.50 0.13 9.49
UNITYBNK 0.88 0.88 0.96 0.08 9.09

 

Top 7 Losers

Company Pclose Open Close Change % Change
VERITASKAP 0.25 0.25 0.23 -0.02 -8.00
LASACO 0.32 0.32 0.3 -0.02 -6.25
REGALINS 0.21 0.21 0.2 -0.01 -4.76
ROYALEX 0.21 0.21 0.2 -0.01 -4.76
TRANSCORP 1.26 1.26 1.2 -0.06 -4.76
ACCESS 7.4 7.4 7.05 -0.35 -4.73
FCMB 1.73 1.73 1.65 -0.08 -4.62

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
GUARANTY                       29,759,153.00              1,013,715,223.20 33.80
ZENITHBANK                       24,936,630.00                 570,228,845.75 22.70
FBNH                       17,337,116.00                 134,551,668.10 7.90
TRANSCORP                       16,698,794.00                   20,504,714.01 1.20
ACCESS                       15,351,317.00                 107,818,387.80 7.05
UBA                       13,131,062.00                 101,253,928.50 7.85
FCMB                       11,706,123.00                   19,581,051.50 1.65

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                       29,759,153.00              1,013,715,223.20 33.80
DANGCEM                         3,137,523.00                 585,175,247.00 187.00
ZENITHBANK                       24,936,630.00                 570,228,845.75 22.70
NESTLE                            379,827.00                 558,376,124.00 1470.10
NB                         3,106,910.00                 244,454,434.20 80.00
FBNH                       17,337,116.00                 134,551,668.10 7.90
ACCESS                       15,351,317.00                 107,818,387.80 7.05

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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