ZENITHBANK & 12 others drag equity market lower, sheds 0.34%

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Transactions on the Nigeria equity market on today (Friday) closed on a negative note, shedding 0.34%, reversing the previous positive sentiment, following persistent sell pressure on some big-name stocks like ZENITHBANK, FBNH, BUACEMENT and 10 others. However, the market breadth closed on a positive note, recording 17 gainers as against 13 losers.

NSE Trading Floor

In summary, the All-Share Index (ASI) decreased by 84.54 absolute points, representing a dip of 0.34% to close at 24,427.73 points. Similarly, the overall Market Capitalization size shed N44.10 billion, representing a contraction of 0.34% to close at N12.74 trillion

JBERGER emerged as the top gainer while SEPLAT emerged as the top loser.

The downturn was impacted by loses recorded in large and medium capitalized stocks, amongst which are; SEPLAT (-10.00%), BUACEMENT (-2.50%), UBA (-1.64%), FBNH (-1.00%), WAPCO (-0.45%) and ZENITHBANK (-0.32%).

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MARKET STATISTICS

CAP N12,742,950,223,566.93 One Day (ASI CHG) -0.34%
Index 24,427.73 One Week (ASI CHG) +0.58%
Volume 174,199,020 One Month (ASI CHG) -0.92%
Value N2,384,725,703.81 Six Months (ASI CHG) -17.55%
Deals 3,723 52 Weeks (ASI CHG) -13.03%
Gainers 17 Losers 13
Unchanged 55 Total 85
YTD -8.99%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window on Friday closed at 381.00/$1, unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N388.21, traded high at N390.94, and eventually closed at N389.50, representing a 0.39% depreciation against the previous day’s closing position. A total of $43.67 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed at 2.20%, representing a 0.18% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 1.60%, representing a 0.28% depreciation against the previous day’s position.

 

FIXED INCOME
Securities Close P. Close Change
Bond 311.61 313.42 -1.81 bps
T.Bills 182.16 191.26 -9.10 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

 The NASD OTC market today (Thursday) closed as the Unlisted Securities Index (USI) closed at 706.52, unchanged against the previous day’s closing position. Similarly, Market Capitalization at N518.99 billion, unchanged against the previous day’s closing position. Consequently, the aggregate volume and value increased by 1,852.76% and 782.83% respectively, as investors traded a total of 28,315 shares, worth N961,330 in 7 deal.

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Sector Performance

Sector % Change
NSE30 -0.29
BANKING 0.01
CONSUMER GOODS -0.08
INDUSTRIAL -1.01
INSURANCE 0.29
LOTUS ISLAMIC -0.41
OIL/GAS -4.98

 

Top 7 Gainers

Company Pclose Open Close Change % Change
JBERGER 15.50 15.50 17.05 1.55 10.00
CUSTODIAN 5.00 5.00 5.50 0.50 10.00
CUTIX 1.60 1.60 1.76 0.16 10.00
HONYFLOUR 0.95 0.95 1.04 0.09 9.47
NAHCO 2.03 2.03 2.20 0.17 8.37
LINKASSURE 0.38 0.38 0.41 0.03 7.89
ROYALEX 0.29 0.29 0.31 0.02 6.90

 

Top 7 Losers

Company Pclose Open Close Change % Change
SEPLAT 386.00 386.00 347.40 -38.60 -10.00
LEARNAFRCA 1.06 1.06 1.01 -0.05 -4.72
UNILEVER 12.85 12.85 12.25 -0.60 -4.67
TRANSCORP 0.65 0.65 0.62 -0.03 -4.62
LASACO 0.25 0.25 0.24 -0.01 -4.00
BUACEMENT 40.00 40.00 39.00 -1.00 -2.50
STERLNBANK 1.20 1.20 1.18 -0.02 -1.67

 

Top 7 Traders By VolumeTop

Company Volume Value(₦) Current Price
ZENITHBANK                            34,572,651                      537,548,153 15.50
FBNH                            28,129,228                      140,124,046 4.95
UBA                            14,495,062                        87,932,054 6.00
ACCESS                              9,761,665                        60,345,387 6.20
NB                              9,718,219                      301,305,105 31.00
FLOURMILL                              6,388,053                      108,768,925 17.00
TRANSCORP                              6,318,356                          3,961,799 0.62

 

7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                            34,572,651                 537,548,153.05 15.50
DANGCEM                              2,682,700                 362,795,048.20 134.20
NB                              9,718,219                 301,305,104.80 31.00
MTNN                              1,314,339                 157,964,655.90 120.00
STANBIC                              5,108,289                 153,373,722.40 30.00
FBNH                            28,129,228                 140,124,045.50 4.95
GUARANTY                              5,660,596                 122,589,473.50 21.65

 

GTI

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