Transactions on the local bourse today (Thursday) closed negative with a 3.72% decline in the market performance index. Consequently, the market breadth closed negative, recording 3 gainers against 44 losers.
In summary, the All-Share Index (ASI) decreased by 815.91 absolute points, representing a dip of 3.72% to close at 22,695.88 points. Similarly, the overall Market Capitalization size shed N456.96 billion, representing a dip of 3.72% to close at N11.83 trillion.
CAVERTON emerged as the top gainer while NB & 7 others emerged as top losers.
The downtrend was impacted by loses recorded in large and medium capitalized stocks, amongst which are; NB (-10.00%), FIDELITYBK (-10.00%), ZENITHBANK (-9.96%), MTNN (-9.95%), HONYFLOUR (-9.78%), WAPCO (-9.70%), UBA (-9.70%), ACCESS (-9.30%), ETI (-9.28%), and FBNH (-9.09%).
MARKET STATISTICS
| CAP | N11,827,388,268,411.42 | One Day (ASI CHG) | -3.72% |
| Index | 22,695.88 | One Week (ASI CHG) | -14.12% |
| Volume | 1,058,914,902 | One Month (ASI CHG) | -18.59% |
| Value | N9,806,233,825.28 | Six Months (ASI CHG) | -17.25% |
| Deals | 5,501 | 52 Weeks (ASI CHG) | -27.28% |
| Gainers | 3 | Losers | 44 |
| Unchanged | 86 | Total | 85 |
| -15.45% |
Source: NSE, GTI Research
FOREIGN EXCHANGE
The Naira at the official window on Friday closed unchanged 306.95/$1, against yesterday’s position.
The Investors and Exporters (I&E) FX window opened at N368.00, traded high at N368.50 and eventually closed at N368.33, representing a 0.43% depreciation against yesterday’s closing position. A total of $498.13 million was transacted through the I&E window today.
MONEY MARKET
Overnight(O/N) rate closed at 13.83%, representing a 0.57% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 12.83%, representing 0.97% depreciation against yesterday’s position.
| FIXED INCOME | |||
| Securities | P. Close | Close | Change |
| Bond | 560.12 | 608.31 | +48.19 bps |
| T.Bills | 652.39 | 665.68 | +13.29 bps |
| Note: BPS=> Basis Points |
Source: FMDQ, GTI Research
NASD OTC MARKET
The NASD OTC market on Thursday closed unchanged as the Unlisted Securities Index (USI) closed at 707.65, against yesterday’s closing position. Similarly, Market Capitalization closed unchanged at N508.76 billion, against yesterday’s position. Similarly, the aggregate volume and value increased by 130.82% and 758.34% respectively, as investors traded a total of 1,647,933 volume of shares, valued at N158.38 million in 14 deals.
Sector Performance
| Sector | % Change |
| NSE30 | -4.37 |
| BANKING | -8.51 |
| CONSUMER GOODS | -2.74 |
| INDUSTRIAL | -0.93 |
| INSURANCE | -5.22 |
| LOTUS ISLAMIC | -2.73 |
| OIL/GAS | -0.82 |
Top 7 Gainers
| Company | Pclose | Open | Close | Change | % Change |
| CAVERTON | 2.10 | 2.10 | 2.31 | 0.21 | 10.00 |
| SKYAVN | 2.34 | 2.34 | 2.57 | 0.23 | 9.83 |
| STANBIC | 28.35 | 28.35 | 29.30 | 0.95 | 3.35 |
Top 7 Losers
| Company | Pclose | Open | Close | Change | % Change |
| AFRIPRUD | 4.00 | 4.00 | 3.60 | -0.40 | -10.00 |
| FIDELITYBK | 1.70 | 1.70 | 1.53 | -0.17 | -10.00 |
| FLOURMILL | 22.00 | 22.00 | 19.80 | -2.20 | -10.00 |
| NB | 33.00 | 33.00 | 29.70 | -3.30 | -10.00 |
| OANDO | 2.10 | 2.10 | 1.89 | -0.21 | -10.00 |
| UPL | 1.00 | 1.00 | 0.90 | -0.10 | -10.00 |
| WAPIC | 0.30 | 0.30 | 0.27 | -0.03 | -10.00 |
Top 7 Traders By Volume
| Company | Volume | Value(₦) | Current Price |
| ZENITHBANK | 433,157,412 | 4,700,004,638 | -1.20 |
| UBA | 371,339,102 | 2,085,236,560 | -0.60 |
| GUARANTY | 62,183,618 | 1,136,156,253 | -1.80 |
| FBNH | 31,947,943 | 128,213,066 | -0.40 |
| WAPIC | 20,642,809 | 5,789,926 | -0.03 |
| ACCESS | 17,446,720 | 105,593,398 | -0.60 |
| OANDO | 13,885,962 | 26,513,541 | -0.21 |
Top 7 Traders By Value
| Company | Volume | Value(₦) | Current Price |
| ZENITHBANK | 433,157,412 | 4,700,004,638.05 | 10.85 |
| UBA | 371,339,102 | 2,085,236,560.05 | 5.60 |
| GUARANTY | 62,183,618 | 1,136,156,253.35 | 18.10 |
| MTNN | 9,164,897 | 855,946,378.50 | 93.20 |
| NB | 6,912,591 | 205,310,132.35 | 29.70 |
| OKOMUOIL | 3,459,216 | 193,393,625.30 | 55.30 |
| FBNH | 31,947,943 | 128,213,065.75 | 4.00 |
