PageOne Markets Update: All share Index Continue In Reds For The Midweek


Analyst view:
Activities on The Exchange continue in reds as the market continue to drop sharply.

Reports shows  that the market capitalisation continue from where it stop in declining yesterday as it also continue with a drop  at N9.315 trillion declined  by N129.58 billion or 1.37 per cent  compared to N9.444 trillion on Tuesday .

Also, the All-Share Index lose by 377.30 points or 1.37 per cent to close at  points 27,098.18, against 27,475.48 on Friday.

Top gainers

Gainers for equities  was led by Fortis oil  lead the gainers’ table with a gain of  N9.80  to close at N205.80 per share. Flourmill also gained N1.06k to close at  N22.36, Oando  increased by 53k to close at N7.25 per share.  Unity bank    gained 10k to close at N1.10 and Nem insurance  grew by 4k to close at 88k per share.

Top Losers

Losers for equities  ,  reports shows that Nigeria Breweries   led the Losers  table with a loss of N6.52 to close at N130.01 per share. Dangote Cement  also may a loss of 4.99 to close at N165, Cap plc   decline by N1.88 to close at N38.12 per share  Dangote sugar also made a loss 47k to close at N6.33 while  Port paint made a lose of 10k to close at N1.95  per share.

Most active

The Most active sector table change today Wapic led in term  of volume of shares trade, accounting for 60.93m share value at N 30.46, Access trailed with an exchange of 34.87m valued at N185.30m.

Most Traded

Oando lead the most traded chart  in term of value trade, accounting for 8.624m share value at N62.35m and increase  by 0.53% to close at N7.25  FBNH trailed with an exchange of 18.79m valued at N69.77m and still drop by 0.06% in price to close at N3.70.

Top turnover

Zenith bank  has the highest turnover of valued at N 195.73 declined  by 0.10%  to close at N14.70 also was Access with N185.30m with a 0.05% but with an increase  to close at N185.30, Nestle  also made a turnover of valued N108.566m but with an increase  to close in price   to close at N757 UBA closed with N82.35m but with a drop  also of  0.07% in price to close at N4.18.

In all, a total of 261.00million shares worth N1,215 billion were traded by investors in 3,591 deals, in compared with 188.23 million shares valued at N billion which exchanged hands in 3,488 deals on Friday .

Market Activity

ASI 27,098.18
DEALS 3,591.00
VOLUME 261,008,348.00
VALUE 1,215,510,085.57
CAP 9,306,854,484,731.43

The equity market capitalisation of N9.315 trillion is 56.82% of the total market capitalisation N16.394 trillion


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