Dangote Cement & 16 others led NSE-ASI to sustain downtrend, sheds 0.58%

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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%).

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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: NSEGTI Research

FOREIGN EXCHANGE

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

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The Investors and Exporters (I&E) FX window opened at N386.20, traded high at N386.00, and eventually closed at N385.50unchanged 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: FMDQGTI Research

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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.

Read Also:  Equity market reverses downtrend to end in a positive position.

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
Read Also:  Equity market sustains uptrend with 0.32% gain.

 

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
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Dangote Cement & 16 others led NSE-ASI to sustain downtrend, sheds 0.58% - Brand SpurDangote Cement & 16 others led NSE-ASI to sustain downtrend, sheds 0.58% - Brand Spur

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Dangote Cement & 16 others led NSE-ASI to sustain downtrend, sheds 0.58% - Brand SpurDangote Cement & 16 others led NSE-ASI to sustain downtrend, sheds 0.58% - Brand Spur

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