The local bourse today (Thursday) closed for the fourth straight session on a negative note, as more investors took profit worth N232.07 billion from the equity market capitalization. Consequently, market breadth closed negatively, recording 40 losers as against 6 gainers.
In summary, the All-Share Index (ASI) shed 440 absolute points, representing a decline of 1.27% to close at 35,557.26 points. Similarly, the overall Market Capitalization value also declined by N232.07 billion, representing a contraction of 1.27% to close at N18.072 trillion.
OKOMUOIL emerged top of the gainers’ chart for today, with a maximum price appreciation of +10.00%, while UPL, WAPCO, and FBNH emerged joint top-losers with maximum price depreciation of -10.00%.
Today’s downtrend was also driven by price depreciation in medium and large capitalized stocks amongst which are; GUINNESS (-9.83%), FIDELITYBK (-9.80%), VITAFOAM (-9.29%), DANGSUGAR (-6.88%), ACCESS (-6.63%), OANDO (-6.44%) and ZENITHBANK (-6.18%).
MARKET STATISTICS
| CAP | N18,072,164,114,739.39 | One Day (ASI CHG) | -1.27% |
| Index | 34,577.26 | One Week (ASI CHG) | -1.12% |
| Volume | 553,949,909.00 | One Month (ASI CHG) | +5.91% |
| Value | N6,638,553,720.46 | Six Months (ASI CHG) | +36.94% |
| Deals | 6,441.00 | 52 Weeks (ASI CHG) | +29.59% |
| Gainers | 06 | Losers | 40 |
| Unchanged | 48 | Total | 94 |
| YTD Returns | +28.82% |
Source: NSE, GTI Research
Sector Performance
| Sector | % Change |
| NSE30 | -0.37 |
| BANKING | -4.14 |
| CONSUMER GOODS | -2.91 |
| INDUSTRIAL | -0.74 |
| INSURANCE | -3.72 |
| LOTUS ISLAMIC | -0.56 |
| OIL/GAS | -0.68 |
Top 7 Traders By Volume
| Security | Volume | Value (₦) | Closing Price (₦) |
| GUARANTY | 87,016,739.00 | 2,826,013,594.25 | 32.35 |
| ZENITHBANK | 65,042,096.00 | 1,456,430,963.00 | 22 |
| TRANSCORP | 52,478,484.00 | 46,081,709.52 | 0.86 |
| REGALINS | 46,606,167.00 | 9,789,681.32 | 0.21 |
| FBNH | 43,154,084.00 | 280,178,852.45 | 6.3 |
| FIDELITYBK | 34,463,805.00 | 81,759,077.93 | 2.3 |
| UBA | 31,017,371.00 | 242,954,988.45 | 7.9 |
Top 7 Traders By Value
| Security | Volume | Value (₦) | Closing Price (₦) |
| GUARANTY | 87,016,739.00 | 2,826,013,594.25 | 32.35 |
| ZENITHBANK | 65,042,096.00 | 1,456,430,963.00 | 22 |
| MTNN | 2,607,836.00 | 404,965,573.40 | 155 |
| FBNH | 43,154,084.00 | 280,178,852.45 | 6.3 |
| UBA | 31,017,371.00 | 242,954,988.45 | 7.9 |
| ACCESS | 27,643,349.00 | 216,827,724.30 | 7.75 |
| NESTLE | 129,406.00 | 181,352,658.50 | 1400 |
NASD-OTC MARKET
Trading activities on the NASD-OTC counter today (Thursday) closed on a positive note, as the Unlisted Securities Index (USI) and the Market Capitalization Value both rose by 0.41% from yesterday’s position to settle at 724.35 absolute points and N538.41 billion respectively.
However, the Volume and Value of total transactions for today fell by 79.02% and 80.55% compared to yesterday’s position to print at 598,264 points and N10.698 million respectively.