Trading activities on the domestic bourse today (Wednesday) closed on a negative note, to extend the losing streak to three successive sessions. Consequently, market breadth also closed negatively, recording 21 losers as against 13 gainers.
In summary, the All-Share Index (ASI) shed 12.48 absolute points, representing a decline of 0.04% to close at 35,021.26 points. Similarly, the overall Market Capitalization value also declined by N6.52 billion, representing a contraction of 0.04% to close at N18.304 trillion.
FTNCOCOA for the second straight sessions emerged top of the gainers’ chart for today, with a price appreciation of +8.82%, while ROYALEX led the laggards with a price depreciation of -8.70%.
Today’s downtrend was also driven by price depreciation in medium and large capitalized stocks amongst which are; ARDOVA (-8.65%), FIDSON (-7.79%), TRAANSCORP (-2.06%), UCAP (-1.53%), FBNH (-0.71%), UBA (-0.61%) and AFRIPRUD (-0.34%).
MARKET STATISTICS
| CAP | N18,304,225,874,614.81 | One Day (ASI CHG) | -0.04% |
| Index | 35,021.26 | One Week (ASI CHG) | -0.10% |
| Volume | 283,090,838.00 | One Month (ASI CHG) | +13.93% |
| Value | N3,420,166,037.32 | Six Months (ASI CHG) | +38.70% |
| Deals | 3,855.00 | 52 Weeks (ASI CHG) | +31.26% |
| Gainers | 13 | Losers | 21 |
| Unchanged | 64 | Total | 98 |
| YTD Returns | +30.47% |
Source: NSE, GTI Research
Sector Performance
| Sector | % Change |
| NSE30 | -0.02 |
| BANKING | -0.07 |
| CONSUMER GOODS | -0.05 |
| INDUSTRIAL | 0.00 |
| INSURANCE | -1.04 |
| LOTUS ISLAMIC | -0.06 |
| OIL/GAS | -0.37 |
Top 7 Traders By Volume
| Company | Volume | Value (₦) | Closing Price (₦) |
| FBNH | 40,781,455.00 | 285,723,885.65 | 7 |
| GUARANTY | 32,658,159.00 | 1,082,588,975.35 | 33.15 |
| AIICO | 30,096,020.00 | 33,133,613.00 | 1.11 |
| ZENITHBANK | 29,719,495.00 | 698,088,188.65 | 23.45 |
| MBENEFIT | 23,091,200.00 | 5,080,251.00 | 0.22 |
| UBA | 12,584,539.00 | 103,501,921.30 | 8.2 |
| WAPIC | 11,232,047.00 | 4,492,603.14 | 0.4 |
Top 7 Traders By Value
| Company | Volume | Value (₦) | Closing Price (₦) |
| GUARANTY | 32,658,159.00 | 1,082,588,975.35 | 33.15 |
| ZENITHBANK | 29,719,495.00 | 698,088,188.65 | 23.45 |
| DANGCEM | 1,606,818.00 | 308,709,165.60 | 199 |
| FBNH | 40,781,455.00 | 285,723,885.65 | 7 |
| DANGSUGAR | 10,741,668.00 | 199,319,134.45 | 18.9 |
| UBA | 12,584,539.00 | 103,501,921.30 | 8.2 |
| NESTLE | 65,151.00 | 91,255,179.00 | 1400 |
