Jul 16 at 6:39 PM
| FINANCIAL MARKET SUMMARY JULY/2018 |
Dear ,
MARKET ANALYTICS
EQUITY MARKET
SUMMARY
Zenith Bank and
31 others drag Market to 0.34% loss.
The
equity market closed lower at the end of trade today, as Zenith Bank
and 31 others drag market to shed 0.34% loss. Market breadth closed
negative, recording 8 gainers against 32 losers.
In summary, the All Share Index (ASI) was down by 125.91 absolute points, representing a dip of 0.34% to close at 37,266.86 points. Similarly, the market capitalization
declined by N45.61 billion, representing a dip of 0.34% to close at N13.49 trillion.
The
downturn was impacted by loses recorded in medium and large capitalized
stocks, amongst which are; PZ (-10.00%), OANDO (-10.00%), FO (-6.57%),
UBN (-5.00%), JAPAULOIL (-3.13%), ACCESS (-0.98%), GUARANTY (-0.75%),
GUINNESS (-0.51%) and ZENITH (-0.21%).
|
|
MARKET STATISTICS
| CAP | N13,499,939,904,836.54 | One Day (ASI CHG) | -0.34
|
| Index | 37,266.86 | One Week (ASI CHG) | -1.01 |
| Volume | 303,479,478 | One Month (ASI CHG) | -4.27 |
| Value | N2,039,512,600.55 | Six Month (ASI
CHG) | -13.57 |
| Deals | 3,402 | 52 Weeks (ASI CHG) | +11.91 |
| Gainers | 8 | Losers | 32 |
| Unchanged | 71 | Total | 111 |
| YTD:
-2.55 |
|---|
FOREIGN EXCHANGE
The Naira at the inter-bank rate closed unchanged at N305.80, against Friday's closing price.
The
Investors and Exporters (I&E) FX window opened at N361.62, traded
high at N363.00 and eventually closed at N361.85, representing a 0.19%
depreciation against Friday's closing price. A total of $77.11 million was transacted through the I&E window today.
We expect the FX Market to trade within existing range in the next session.
MONEY MARKET
O/N rate closed at 10.50%, representing a 1.08% appreciation against Friday's closing position, while OBB rate
closed at 9.50% representing a 0.58% depreciation against Friday's closing position.
We expect the Money Market to trade within existing range in the next
session.
|
FIXED INCOME
| SECURITIES | Prev. Close | Close | Change |
| BOND | 681.41 | 676.94 | -4 |
| T.BILLS | 377.70 | 370.1 | -8 |
| Note: BPS => Basis Points |
|
DISCLAIMER:
This
report by GTI
Securities Ltd is for information purposes only. While opinions and
estimates therein have been carefully prepared, the company and its
employees do not guarantee the complete accuracy of the information
contained herewith as information was also gathered from various sources
believed to be reliable and accurate at the time of this report. We do
not take responsibility therefore for any loss arising from the use of
the information.
|
GTI HOUSE, 4, Tinubu Street, CBD, Marina-Lagos, Nigeria,London O ffice: KEMP HOUSE, 152-160, Ci ty Road, +44(0)203086 8802, Lo ndon, EC1V 2NX United Kingdom
Copyright Γ© [2018] | [GTI Research]. All rights reserved.
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