WAPCO, FBNH, 14 others drag Equity Market lower, shedding 0.13%.

219 Views

The Equity Market began the week  lower today, shedding 0.13% to halt previous positive sentiment. Market breadth closed negative, recording 16 gainers and 17 losers.

 

NSE Trading Floor

 

In summary, the All Share Index (ASI) was down by 43.50 absolute points, representing a decrease of 0.13%, closing at 32,413.48 points. Similarly, the Market Capitalization decreased by N15.88 billion, representing a dip of 0.13%, closing at N11.83 trillion.

FIDSON emerged the top gainer while MANSARD emerged the top loser.

The dowmturn was impacted by losses recorded in medium and large capitalized stocks, amongst which are; WAPCO (-6.52%), NB (-2.27%), DANGFLOUR (-1.88%), FBNH (-1.65%), HONYFLOUR (-0.79) and  GUINNESS (-0.63%).

 

MARKET STATISTICS

CAP N11,833,422,036,631.50 One Day (ASI CHG) -0.13
Index 32,413.48 One Week (ASI CHG) -0.10
Volume 91,405,750 One Month (ASI CHG) +0.27
Value N960,906,549.72 Six Months (ASI CHG) -20.81
Deals 2,529 52 Weeks (ASI CHG) -12.33
Gainers 16 Losers 17
Unchanged 66 Total 99
YTD Returns -15.24

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed at N306.50, representing a 0.02% depreciation against Friday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.82, traded high at N365.50 and eventually closed at N363.92, representing a 0.05% appreciation against Friday’s closing price. A total of $295.08 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 44.33%, representing a 24.58% appreciation against Friday’s closing position, while Open Buy-Back (OBB) rate  closed  at 39.92% representing a 20.75% appreciation against Friday’s closing position.

 

Fixed Income
Securities P. Close Close Change
Bond 805.70 812.81 +7 bps
T.Bills 357.74 358.14 +1 bps
Note: BPS=> Basis Point

 

Sector Performance

Sector %    Change
NSE30 -0.19
BANKING 0.72
CONSUMER GOODS -0.73
INDUSTRIAL -1.90
INSURANCE 1.42
LOTUS ISLAMIC -0.18
OIL/GAS 0.92

 

Top 7 Gainers                                                           Number of Gainers (16)

Company Pclose Open Close Change % Change
MANSARD 1.80 1.80 1.98 0.18 10.00
FO 20.25 20.25 22.25 2.00 9.88
NASCON 18.50 18.50 19.90 1.40 7.57
NPFMCRFBK 1.55 1.55 1.64 0.09 5.81
LIVESTOCK 0.57 0.57 0.60 0.03 5.26
CHAMPION 1.62 1.62 1.68 0.06 3.70
UNIONDAC 0.30 0.30 0.31 0.01 3.33

 

Top 7 Losers                                                             Number of Losers (17)

Company Pclose Open Close Change % Change
FIDSON 6.00 6.00 5.40 -0.60 -10.00
WAPIC 0.44 0.44 0.40 -0.04 -9.09
UAC-PROP 1.75 1.75 1.61 -0.14 -8.00
WAPCO 23.00 23.00 21.50 -1.50 -6.52
UNILEVER 43.50 43.50 41.20 -2.30 -5.29
ROYALEX 0.21 0.21 0.20 -0.01 -4.76
JAPAULOIL 0.24 0.24 0.23 -0.01 -4.17

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
UBA                        14,613,285.00                  118,384,545.35 8.15
FCMB                        11,869,434.00                    19,385,715.21 1.62
FIDELITYBK                          6,907,830.00                    13,106,329.77 1.91
GUARANTY                          5,922,420.00                  216,930,788.85 36.90
HONYFLOUR                          4,373,716.00                      5,582,151.60 1.26
ZENITHBANK                          4,334,602.00                    97,612,961.65 22.35
INTBREW                          4,072,263.00                  130,340,229.00 32.00

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                          5,922,420.00                  216,930,788.85 36.90
GUINNESS                          1,833,971.00                  143,818,133.90 78.50
INTBREW                          4,072,263.00                  130,340,229.00 32.00
UBA                        14,613,285.00                  118,384,545.35 8.15
ZENITHBANK                          4,334,602.00                    97,612,961.65 22.35
FBNH                          3,166,463.00                    28,506,234.15 8.95
ETI                          1,584,192.00                    27,693,078.05 17.50

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *