Equity market trade low in first post Eid-El-Kabir trading session

Equity market trade low in first post Eid-El-Kabir trading session

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The Nigerian Equity Market today closed its first trading session post-eid-el-Kabir holiday on a bearish note, as the All-Share Index declined by 0.82%. The decline was impacted by price depreciation in many large and middle capitalized stocks across the sectors save for insurance sector which closed positive. Similarly, market breadth closed negative, recording 4 gainers and 27 losers.

NSE Trading Floor

The All Share Index (ASI) decreased by 223.7 absolute points, representing a decline of 0.82% to close at 27,083.11 points. Similarly, the Market Capitalization lost N108.68 billion, representing a dip of 0.82% to close at N13.20 trillion.

CONTINSURE emerged the top gainer while UACN emerged as top loser.

The downturn was impacted by losses recorded in large and medium capitalized stocks, amongst which are; UACN (-10.00%), FLOURMILL (-8.50%), TOTAL (-6.06%), CCNN (-5.36%), DANGSUGAR (-3.54%), ETI(-3.45%), OANDO (-2.70%), WAPCO (-2.67%), GUARANTY (-2.08%) and MTNN (-1.34%).

MARKET STATISTICS

CAP N13,198,147,163,876.50 One Day (ASI CHG) -0.82%
Index 27,083.11 One Week (ASI CHG) -2.12%
Volume 235,117,057 One Month (ASI CHG) -5.19%
Value N3,291,488,581.61 Six Months (ASI CHG) -16.57%
Deals 3,922 52 Weeks (ASI CHG) -23.59%
Gainers 4 Losers 27
Unchanged 64 Total 95
YTD Returns -13.83%

Source: NSEGTI Research

FOREIGN EXCHANGE

The Naira exchange rate remains unchanged to close N306.90/$1 as against Friday’s position.

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The Investors and Exporters (I&E) FX window opened at N362.50, traded high at N364.00 and eventually closed at N363.22 representing a 0.06% appreciation as against last Friday’s closing position. A total of $780.95 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 14.64%, representing a 1.79% appreciation against last Friday’s closing position, while Open Buy-Back (OBB) rate closed at 13.86%, representing a 1.71%appreciation against last Friday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 908.98 940.43 +31.45 bps
T.Bills 540.51 570.30 +29.79 bps
Note: BPS=> Basis Points
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Source: FMDQGTI Research 

NASD OTC MARKET         

The NASD market closed higher at the end of today’s transactions, as the Unlisted Securities Index (USI) closed at 717.26 points against Last Friday’s index. Similarly, the Market Capitalization closed at N515.31 billion. Likewise, market activities measured by aggregate volume and value rose by 19,058.65% and 1,440.72% respectively. Investors traded a total of 509,620 units of shares valued at N6,970,200 in 14 deals.

NASD Daily Price-List

Sector Performance   

Sector %    Change
NSE30 -0.84
BANKING -1.26
CONSUMER GOODS -0.46
INDUSTRIAL -1.55
INSURANCE 0.45
LOTUS ISLAMIC -0.56
OIL/GAS -1.12

 

Top  Gainers

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Security Previous Close Open Price Close Price Change Price %Change
UBN 6.75 6.75 6.80 0.05 0.74
AFRIPRUD 3.55 3.55 3.60 0.05 1.41
CUSTODIAN 6.00 6.00 6.20 0.20 3.33
CONTINSURE 1.39 1.52 1.45 0.06 4.32


Top 7 Losers

Security Previous Close Open Price Close Price Change Price %Change
UACN 5.50 5.50 4.95 -0.55 -10.00
NPFMCRFBK 1.18 1.18 1.07 -0.11 -9.32
FLOURMILL 15.30 15.30 14.00 -1.30 -8.50
TOTAL 114.80 114.80 105.80 -9.00 -7.84
CHAMS 0.26 0.26 0.24 -0.02 -7.69
LAWUNION 0.39 0.39 0.36 -0.03 -7.69
AGLEVENT 0.27 0.27 0.25 -0.02 -7.41

 

Top 7 Traders By Volume

Security  Daily Volume  Daily Value Close Price
GUARANTY          49,861,450    1,295,983,347.80 25.95
ZENITHBANK          34,718,937        563,661,843.55 16.20
ACCESS          33,213,092        199,392,718.90 6.00
FBNH          20,420,035          97,481,595.35 4.65
FIDELITYBK          10,658,952          15,808,750.14 1.47
UBA            7,432,123          41,298,389.00 5.55
TRANSCORP            6,958,626            5,908,526.17 0.84

 

Top 7 Traders By Value

Security  Daily Volume  Daily Value Close Price
GUARANTY          49,861,450    1,295,983,347.80 25.95
ZENITHBANK          34,718,937        563,661,843.55 16.20
DANGCEM            2,108,164        347,792,598.60 165.00
NB            5,956,065        297,796,786.35 50.00
ACCESS          33,213,092        199,392,718.90 6.00
MTNN                790,596        105,473,099.50 129.25
DANGFLOUR            5,074,033        105,346,419.50 20.50
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