Transactions on the Nigerian bourse today (Wednesday) ended on a red note, extending the losing streaks to eight consecutive sessions. Consequently, the NGX-ASI and market capitalization plunged by 0.06%, due to investors’ sell-pressure in the banking sector (-0.44%) and consumer goods sector (-0.08%). However, the market breadth closed positively recording 20 gainers against 14 losers.
In summary, the All-Share Index (ASI) decreased by 23.08 absolute points, representing a dip of 0.06% to close at 38,233.68 points. Similarly, the overall Market Capitalization value shed N12.03 billion, representing a decline of 0.06% to close at N19.93trillion.
JOHNHOLT emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of 9.68%, while FTNCOCOA emerged as the top loser (by percentage points) with a maximum price depreciation of -7.32%.
Today’s market downturn was driven by price depreciation in large and medium capitalized stocks amongst which are; NPFMCRF (-7.32%), FLOURMILL (-5.25%), JAPAULGOLD (-1.75%), WEMABANK (-1.72%), TRANSCORP (-1.18%), ZENITHBANK (-1.08%), FIDELITYBANK (-0.87%), FBNH (-0.70%), UBA (-0.70%), GUARANTY (-0.70%), STERLINGBANK (-0.59%), NEIMETH (-0.55%), and DANGSUGAR (-0.29%).
MARKET STATISTICS
| CAP | N19,928,301,176,932.02 | One Day (ASI CHG) | -0.06% |
| Index | 38,233.68 | One Week (ASI CHG) | -0.55% |
| Volume | 203,088,314.00 | One Month (ASI CHG) | -2.72% |
| Value | N1,815,763,474.05 | Six Months (ASI CHG) | +9.96% |
| Deals | 3,594.00 | 52 Weeks (ASI CHG) | +51.69% |
| Gainers | 20 | Losers | 14 |
| Unchanged | 63 | Total | 97 |
| YTD Returns | -5.06% |
Source: Ngxgroup.com, GTI Research
FOREIGN EXCHANGE
The Investors and Exporters (I&E) FX window opened at N411.00 traded high at N420.25, low at N387.67, and eventually closed at N411.25, representing a 0.18% depreciation against Friday’s closing position. Also, a total of $211.86 million was transacted through the I&E window today.
MONEY MARKET
The overnight (O/N) rate closed at 15.25%, representing a 1.75% appreciation as against Friday’s position. while Open Buy-Back (OBB) rate closed at 15.00%, representing a 1.50% appreciation as against Friday’s position.
Sector Performance
| Security | Change Percent |
| NSE30 | -0.13 |
| NSEBNK | -0.44 |
| NSECNSMRGDS | -0.08 |
| NSEINDUSTR | – |
| NSEINS | 1.17 |
| NSELOTUSISLM | 0.03 |
| NSEOILGAS | – |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| JOHNHOLT | 0.62 | 0.62 | 0.68 | 0.06 | 9.68 |
| VITAFOAM | 9.25 | 9.25 | 10.1 | 0.85 | 9.19 |
| LASACO | 1.43 | 1.43 | 1.56 | 0.13 | 9.09 |
| CILEASING | 4.46 | 4.46 | 4.84 | 0.38 | 8.52 |
| LEARNAFRCA | 1.02 | 1.02 | 1.1 | 0.08 | 7.84 |
| REGALINS | 0.39 | 0.39 | 0.42 | 0.03 | 7.69 |
| SOVRENINS | 0.28 | 0.28 | 0.3 | 0.02 | 7.14 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| FTNCOCOA | 0.41 | 0.41 | 0.38 | -0.03 | – 7.32 |
| NPFMCRFBK | 1.78 | 1.78 | 1.68 | -0.1 | – 5.62 |
| FLOURMILL | 29.5 | 29.5 | 27.95 | -1.55 | – 5.25 |
| JAPAULGOLD | 0.57 | 0.57 | 0.56 | -0.01 | – 1.75 |
| WEMABANK | 0.58 | 0.58 | 0.57 | -0.01 | – 1.72 |
| TRANSCORP | 0.85 | 0.85 | 0.84 | -0.01 | – 1.18 |
| ZENITHBANK | 23.05 | 23.05 | 22.8 | -0.25 | – 1.08 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| FIDELITYBK | 2.27 | 24,414,821.00 | 54,263,892.62 |
| ZENITHBANK | 22.8 | 22,099,056.00 | 508,002,459.70 |
| MBENEFIT | 0.41 | 16,934,990.00 | 6,918,565.80 |
| SOVRENINS | 0.3 | 16,862,300.00 | 4,631,356.11 |
| TRANSCORP | 0.84 | 13,831,953.00 | 11,646,865.50 |
| GUARANTY | 28.45 | 12,888,001.00 | 368,204,631.80 |
| UACN | 11.25 | 11,941,451.00 | 131,402,637.30 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| ZENITHBANK | 22.8 | 22,099,056.00 | 508,002,459.70 |
| GUARANTY | 28.45 | 12,888,001.00 | 368,204,631.80 |
| UACN | 11.25 | 11,941,451.00 | 131,402,637.30 |
| FBNH | 7.1 | 10,265,402.00 | 72,878,564.80 |
| DANGCEM | 210 | 314,829.00 | 64,825,222.60 |
| SEPLAT | 682 | 86,691.00 | 59,346,215.90 |
| NB | 58 | 974,546.00 | 56,509,657.30 |
