The Nigerian equity market today (Tuesday) closed on a negative note, shedding 0.58% to sustaining previous negative sentiment to two consecutive trading days, following profit-taking on some bellwether stocks like DANGCEM, ACCESS, GUINNESS and 14 others.
However, the market breadth closed at par, recording 17 gainers as against 17 losers.
In summary, the All-Share Index (ASI) decreased by 143.28 absolute points, representing a contraction of 0.58% to close at 24,833.70 points. Similarly, the overall Market Capitalization size shed N75.07 billion, representing a decrease of 0.58% to close at N12.98 trillion
CADBURY emerged as the top gainers while PRESTIGE emerged as the top loser.
The downturn was impacted by loses recorded in large and medium capitalized stocks, amongst which are; DANGCEM (-4.09%), GUINNESS (-3.33%), INTBREW (-1.59%), ACCESS (-0.76%) and WAPCO (-0.42%).
MARKET STATISTICS
| CAP | N12,980,809,405,622.82 | One Day (ASI CHG) | -0.58% |
| Index | 24,883.70 | One Week (ASI CHG) | +0.17% |
| Volume | 206,609,577 | One Month (ASI CHG) | +2.38% |
| Value | N2,475,184,309.14 | Six Months (ASI CHG) | -10.40% |
| Deals | 3,925 | 52 Weeks (ASI CHG) | -9.27% |
| Gainers | 17 | Losers | 17 |
| Unchanged | 65 | Total | 111 |
| YTD | -7.30% |
Source: NSE, GTI Research
FOREIGN EXCHANGE
The Naira at the official window on Monday closed at 381.00/$1, unchanged against the previous day’s position.
The Investors and Exporters (I&E) FX window opened at N386.20, traded high at N386.00, and eventually closed at N385.50, unchanged against the previous day’s closing position. A total of $3.97 million was transacted through the I&E window today.
MONEY MARKET
Overnight(O/N) rate closed at 6.17%, representing a 0.04% appreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 5.17%, representing a 0.08% depreciation against the previous day’s position.
| FIXED INCOME | |||
| Securities | Close | P. Close | Change |
| Bond | 321.86 | 300.54 | +20.60 bps |
| T.Bills | 163.44 | 157.20 | +5.69 bps |
| Note: BPS=> Basis Points |
Source: FMDQ, GTI Research
NASD OTC MARKET
The NASD OTC market today (Tuesday) closed as the Unlisted Securities Index (USI) closed at 711.00, representing a 0.70% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N3.63 billion, to closed at N522.28 billion, representing a 0.70% appreciation against the previous day’s closing position. However, the aggregate volume decreased by 63.33% while the aggregated value increased by 186.12%, as investors traded a total of 53,432 shares, worth N13.99 million in 5 deal.
Sector Performance
| Sector | % Change |
| NSE30 | -0.68 |
| BANKING | 0.52 |
| CONSUMER GOODS | 0.93 |
| INDUSTRIAL | -2.16 |
| INSURANCE | -2.48 |
| LOTUS ISLAMIC | -0.90 |
| OIL/GAS | 0.26 |
Top 7 Gainers
| Company | Pclose | Open | Close | Change | % Change |
| CADBURY | 6.60 | 6.60 | 7.05 | 0.45 | 6.82 |
| NB | 32.00 | 32.00 | 34.00 | 2.00 | 6.25 |
| MBENEFIT | 0.20 | 0.20 | 0.21 | 0.01 | 5.00 |
| ARDOVA | 12.15 | 12.15 | 12.75 | 0.60 | 4.94 |
| LASACO | 0.24 | 0.24 | 0.25 | 0.01 | 4.17 |
| AFRIPRUD | 4.19 | 4.19 | 4.30 | 0.11 | 2.63 |
| ETI | 4.05 | 4.05 | 4.15 | 0.10 | 2.47 |
Top 7 Losers
| Company | Pclose | Open | Close | Change | % Change |
| PRESTIGE | 0.50 | 0.50 | 0.45 | -0.05 | -10.00 |
| IKEJAHOTEL | 1.12 | 1.12 | 1.01 | -0.11 | -9.82 |
| CHIPLC | 0.41 | 0.41 | 0.37 | -0.04 | -9.76 |
| MANSARD | 1.58 | 1.58 | 1.45 | -0.13 | -8.23 |
| COURTVILLE | 0.21 | 0.21 | 0.20 | -0.01 | -4.76 |
| DANGCEM | 141.80 | 141.80 | 136.00 | -5.80 | -4.09 |
| LAWUNION | 1.04 | 1.04 | 1.00 | -0.04 | -3.85 |
Top 7 Traders By Volume
| Company | Volume | Value(₦) | Current Price |
| ACCESS | 29,209,750 | 191,603,769 | 6.55 |
| FIDELITYBK | 27,777,266 | 50,054,932 | 1.80 |
| GUARANTY | 25,281,764 | 625,550,508 | 24.80 |
| ZENITHBANK | 15,307,622 | 257,786,310 | 16.85 |
| WEMABANK | 11,115,838 | 5,950,509 | 0.53 |
| FCMB | 8,789,580 | 17,599,185 | 2.00 |
| UCAP | 8,102,535 | 25,457,409 | 3.14 |
Top 7 Traders By Value
| Company | Volume | Value(₦) | Current Price |
| GUARANTY | 25,281,764 | 625,550,508.15 | 24.80 |
| DANGCEM | 2,713,814 | 368,496,371.70 | 136.00 |
| ZENITHBANK | 15,307,622 | 257,786,309.70 | 16.85 |
| NESTLE | 228,826 | 253,965,895.10 | 1175.00 |
| VALUEFUND | 1,898,000 | 218,364,900.00 | 115.05 |
| ACCESS | 29,209,750 | 191,603,768.90 | 6.55 |
| NB | 1,675,596 | 56,130,172.00 | 34.00 |
