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

CAPN13,198,147,163,876.50One Day (ASI CHG)-0.82%
Index27,083.11One Week (ASI CHG)-2.12%
Volume235,117,057One Month (ASI CHG)-5.19%
ValueN3,291,488,581.61Six Months (ASI CHG)-16.57%
Deals3,92252 Weeks (ASI CHG)-23.59%
Gainers4Losers27
Unchanged64Total95
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
SecuritiesP. CloseCloseChange
Bond908.98940.43+31.45 bps
T.Bills540.51570.30+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
INSURANCE0.45
LOTUS ISLAMIC-0.56
OIL/GAS-1.12
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Top  Gainers

SecurityPrevious CloseOpen PriceClose PriceChange Price%Change
UBN6.756.756.800.050.74
AFRIPRUD3.553.553.600.051.41
CUSTODIAN6.006.006.200.203.33
CONTINSURE1.391.521.450.064.32


Top 7 Losers

SecurityPrevious CloseOpen PriceClose PriceChange Price%Change
UACN5.505.504.95-0.55-10.00
NPFMCRFBK1.181.181.07-0.11-9.32
FLOURMILL15.3015.3014.00-1.30-8.50
TOTAL114.80114.80105.80-9.00-7.84
CHAMS0.260.260.24-0.02-7.69
LAWUNION0.390.390.36-0.03-7.69
AGLEVENT0.270.270.25-0.02-7.41

 

Top 7 Traders By Volume

Security Daily Volume Daily ValueClose Price
GUARANTY         49,861,450   1,295,983,347.8025.95
ZENITHBANK         34,718,937       563,661,843.5516.20
ACCESS         33,213,092       199,392,718.906.00
FBNH         20,420,035         97,481,595.354.65
FIDELITYBK         10,658,952         15,808,750.141.47
UBA           7,432,123         41,298,389.005.55
TRANSCORP           6,958,626           5,908,526.170.84

 

Top 7 Traders By Value

Security Daily Volume Daily ValueClose Price
GUARANTY         49,861,450   1,295,983,347.8025.95
ZENITHBANK         34,718,937       563,661,843.5516.20
DANGCEM           2,108,164       347,792,598.60165.00
NB           5,956,065       297,796,786.3550.00
ACCESS         33,213,092       199,392,718.906.00
MTNN               790,596       105,473,099.50129.25
DANGFLOUR           5,074,033       105,346,419.5020.50
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