Daily Equities Market update Daily turnover volume trades near five-month low as NSEASI sheds 14bpts Brent price went down further to $80.41pb NASD OTC resumes uptrend to close to 1.99% October 15, 2018
Daily Market Summary: The Market breadth closed negative at 0.94x As the local bourse resumes the week in bearish note, it seems the equities market has created a new threshold of negative performance on Year-to-Date basis between -14% and -15% as it closed the trading session deeper by 12 basis points to -15.25%. Surprisingly, the total turnover value touched August 8, 2018 low as its shed -57.08% to close at N960.91million compared to N2.24billion previously recorded, and the volume traded also dipped to 4 April, 2018 low(97.69million) to end at 91.41million (-43.72%). Similarly, the deals executed declined -13.45% to close at 2,529 from 2,922, just as the total equity market cap lost N16.058billion of its value to N11.83trillion from N11.849trillion. Money Market Rates Price %Δ Overnight rate 44.33 24.58 Open Buy Back 39.92 20.75 Daily Commodity Price Watch Previous Current Daily (%) Brent($/PB) 80.96 80.41-0.68 Gold 1220.58 1226.73 0.50 Silver 14.63 14.73 0.68 Platinum 840.66 841.55 0.11 Copper 279.45 280.8 0.48 Review of Sectoral Performance The performance of each sector recorded today took a turn on the bullish sectors of last week as 3 of 5 sectors closed in positive territory. The most performed sector, insurance index added 1.42% to close at 123.62 from 121.89 as a result of positive sentiments in MANSARD (10.0%) as against WAPIC (-9.09%) and LAWUNION (-3.77%) losses. In the same vein, banking and oil/gas indices also escaped the bear to close up by 0.72% and 0.92% respectively upon increase in the counters of FO (9.88%), OANDO (2.97%), NPFMCRFBK (5.81%), WEMABANK (3.03%), FIDELITYBK (1.6%) and four other heavyweight counters in the banking sector.
s Daily Equities Market Recap On the decliners side, industrial sector topped the table as it close down -1.90% to 1499.2 due to decline in the shares of WAPCO (-6.52%), trailed by consumer goods index decline of -0.73% as a result of losses in its 5 counters topped by UNILEVER (- 5.29%), NB (-2.27%) and DANGFLOUR (-1.88%). Movement of NSEASI(Year-to-Date) Source: NSE, MorganCapital Research NSE Market Indices Return Open(points) Close(points) Daily(%) WtD(%) MtD(%) YTD(%) NSE All Share Index 32456.98 32413.48-0.13-0.13-1.08-15.24 NSE Banking Sector Index 411.93 414.89 0.72 0.72 0.89-12.74 NSE Industrial Goods Index 1528.38 1499.27-1.90-1.90-1.92-24.11 NSE Consumer Goods Index 750.49 744.98-0.73-0.73-1.76-23.68 NSE Oil & Gas Index 288.37 291.01 0.92 0.92 1.15-12.00 NSE Insurance Index 121.89 123.62 1.42 1.42-1.32-11.30 Individual Stock Performance Investors sentiment still remained subdued as the market closed with 16 gainers and 17 l0sers which reflect continuous investors apathy to the Nigerian Stock exchange (NSE).
Top Gainers Top Losers Ticker Close Change %Δ Ticker Price Change %Δ MANSARD 1.98 0.18 10 FIDSON 5.4-0.6-10 FO 22.25 2 9.88 WAPIC 0.4-0.04-9.09 NASCON 19.9 1.4 7.57 UAC- PROP 1.61-0.14-8 NPFMCRFBK 1.64 0.09 5.81 WAPCO 21.5-1.5-6.52 LIVESTOCK 0.6 0.03 5.26 UNILEVER 41.2-2.3-5.29 Top Traded Volume Top Traded Value Ticker Deal Volume %Δ Ticker Deal Value %Δ UBA 80 14,613,285.00 293.09 GUARANTY 117 216,930,788.85-48.68 FCMB 96 11,869,434.00 11.20 GUINNESS 42 143,818,133.90 4439.17 FIDELITYBK 102 6,907,830.00-31.08 INTBREW 18 130,340,229.00 2075.87 GUARANTY 117 5,922,420.00-48.76 UBA 80 118,384,545.35 293.90 HONYFLOUR 97 4,373,716.00 Source: NSE, MorganCapital Research -80.92 ZENITHBANK 234 97,612,961.65-67.53 NASD OTC Performance PARAMETER Previous Current Daily (%) USI 688.80 702.51 1.99 Capitalization ( 'Bn) 478.73 488.26 1.99 Volume Traded 175,018,398.00 29,529.00-99.98 Value Traded ( '000) 2,190,692.94 4,591.80-99.79 Deals Executed 9 15 66.67
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