Gains in Industrial goods sector failed to sustain previous positive sentiment, as NSE-ASI shed 0.15%

Must Read

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

Audi electrifies FC Bayern Munich (Photos)

Enabled by the partnership with Audi: FC Bayern Munich is the first international football club to drive using electric...

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...
- Advertisement -

The Nigerian equity market today (Friday) ended the trading week on a negative note, shedding 0.15% to reverse the previous day positive momentum. The downtrend was supported by profit-taking on some bellwether stocks like MTNN, ACCESS, WAPCO and 20 others.

However, the market breadth closed on a negative note, recording 23 losers as against 11 gainers.

In summary, the All-Share Index (ASI) decreased by 37.13 absolute points, representing a dip of 0.15% to close at 25,199.84 points. Similarly, the overall Market Capitalization size gained N19.37 billion, representing a contraction of 0.15% to close at N13.15 trillion

CILEASING emerged as the top gainer while NNFM emerged as the top loser.

The downturn was impacted by loses recorded in large and medium capitalized stocks, amongst which are; JAPAULOIL (-4.76%), FIDELITYBK (-4.76%), WAPIC (-2.94%), ACCESS (-1.54%), FBNH (-0.99%), WAPCO (-0.84%), FLOURMILL (-0.76%), MTNN (-0.42%) and ZENITHBANK (-0.30%).

MARKET STATISTICS

CAP N13,145,789,551,693.03 One Day (ASI CHG) -0.15%
Index 25,199.84 One Week (ASI CHG) +0.63%
Volume 482,518,333 One Month (ASI CHG) +4.43%
Value N4,524,421,447.27 Six Months (ASI CHG) -9.56%
Deals 3,897 52 Weeks (ASI CHG) -6.95%
Gainers 11 Losers 23
Unchanged 60 Total 95
YTD -6.12%
- Advertisement -

Source: NSEGTI Research

FOREIGN EXCHANGE

The Naira at the official window today (Friday) closed at 381.00/$1, unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N386.33, traded high at N387.00, and eventually closed at N385.83representing a 0.04% depreciation against the previous day’s closing position. A total of $41.48 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate today (Friday) closed at 19.80%, representing a 16.01% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 17.60%, representing a 14.60% depreciation against the previous day’s position.

FIXED INCOME
Securities Close P. Close Change
Bond 344.83 345.72 -0.89 bps
T.Bills 150.39 156.38 -5.99 bps
Note: BPS=> Basis Points
Read Also:  Equity market posts 1.51% gain to reverse downtrend
- Advertisement -

Source: FMDQGTI Research

NASD OTC MARKET

The NASD OTC market today (Friday) closed as the Unlisted Securities Index (USI) closed at 713.46, representing a 0.01% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N40 million, to closed at N524.08 billion, representing a 0.01% appreciation against the previous day’s closing position. However, the aggregate volume and value decreased by 97.96% and 92.83% respectively, as investors traded a total of 10,500 shares, worth N1.33 million in 2 deal.

Sector Performance

Sector % Change
NSE30 -0.15
BANKING -0.19
CONSUMER GOODS -0.68
INDUSTRIAL 0.24
INSURANCE -0.55
LOTUS ISLAMIC -0.11
OIL/GAS 0.00

 

Top 7 Gainers

Company Pclose Open Close Change % Change
CILEASING 4.00 4.00 4.40 0.40 10.00
LASACO 0.24 0.24 0.26 0.02 8.33
FIDSON 3.53 3.53 3.70 0.17 4.82
CUTIX 1.75 1.75 1.80 0.05 2.86
REDSTAREX 3.65 3.65 3.75 0.10 2.74
LINKASSURE 0.38 0.38 0.39 0.01 2.63
STERLNBANK 1.15 1.15 1.18 0.03 2.61

Top 7 Losers

Company Pclose Open Close Change % Change
NNFM 4.30 4.30 3.87 -0.43 -10.00
ARBICO 1.39 1.39 1.26 -0.13 -9.35
INTBREW 3.10 3.10 2.85 -0.25 -8.06
IKEJAHOTEL 0.91 0.91 0.84 -0.07 -7.69
NEIMETH 1.90 1.90 1.78 -0.12 -6.32
CAP 17.90 17.90 17.00 -0.90 -5.03
JAPAULOIL 0.21 0.21 0.20 -0.01 -4.76
Read Also:  Equity market sustains uptrend with 0.32% gain.

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
WAPIC                          101,094,058                        33,360,829 0.33
UNILEVER                            67,871,280                      848,490,985 12.50
ZENITHBANK                            58,053,034                      969,359,278 16.70
ACCESS                            47,095,986                      305,458,279 6.40
FBNH                            46,461,875                      232,879,184 5.00
GUARANTY                            41,763,172                   1,037,854,370 24.90
TRANSCORP                            24,864,867                        14,609,801 0.59
- Advertisement -

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                            41,763,172              1,037,854,369.60 24.90
ZENITHBANK                            58,053,034                 969,359,277.95 16.70
UNILEVER                            67,871,280                 848,490,984.90 12.50
MTNN                              3,618,421                 431,924,115.70 119.00
ACCESS                            47,095,986                 305,458,279.30 6.40
FBNH                            46,461,875                 232,879,184.25 5.00
FLOURMILL                              9,101,507                 178,656,368.80 19.70

 

GTI REASEARCH

- Advertisement -
Gains in Industrial goods sector failed to sustain previous positive sentiment, as NSE-ASI shed 0.15% - Brand SpurGains in Industrial goods sector failed to sustain previous positive sentiment, as NSE-ASI shed 0.15% - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Gains in Industrial goods sector failed to sustain previous positive sentiment, as NSE-ASI shed 0.15% - Brand SpurGains in Industrial goods sector failed to sustain previous positive sentiment, as NSE-ASI shed 0.15% - Brand Spur

Latest News

Nigerian Government doing a poor job on water/sanitation and health care, citizens say.

Even before the COVID-19 pandemic, a majority of citizens say they went without needed medical care and clean water...

Polaris Bank Appoints Segun Opeke as Executive Director

Polaris Bank Limited has announced the appointment of Mr. Segun Opeke as an Executive Director of the Bank by the Board of Directors and...

Nosir Releases the New Music Project, ‘My Episode’

The new record features 10 hip-hop tracks that admit his rap prowess. 20 September 2020 - Nosir, rap artist and founder of Spade Gospel...

Mega deals as Konga Freedom Sales goes live today

All is set for the 2020 edition of the Konga Freedom Sales, an annual promotion by the foremost composite e-Commerce giant targeted at celebrating...

Audi electrifies FC Bayern Munich (Photos)

Enabled by the partnership with Audi: FC Bayern Munich is the first international football club to drive using electric power. The stars of the...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Gains in Industrial goods sector failed to sustain previous positive sentiment, as NSE-ASI shed 0.15% - Brand SpurGains in Industrial goods sector failed to sustain previous positive sentiment, as NSE-ASI shed 0.15% - Brand Spur