4 sectors extends market uptrend as ASI-YTD turn positive

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Activities on the Nigeria Stock Exchange (NSE) extended its uptrend to six consecutive trading sessions, turning the All-Share Index (ASI) positive after 50 trading days in the negative zone. Market breadth closed negative, recording 14 gainers and 24 losers.

NSE Trading Floor

The All Share Index (ASI) gained 332.36 absolute points, representing a growth of 1.07% to close at 31.477.51 points. Similarly, Market Capitalization grew by N146.39 billion, representing an increase of 1.07% to close at N13.86 trillion.

LAWUNION emerged the top gainer while LIVESTOCK & ACADEMY emerged as top losers.

The uptrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; NESTLE (+3.41%), UNILEVER (+3.23%), MOBIL (+2.94%), MTNN (+2.87%), GUARANTY (+1.80%),  DANGCEM (+0.99%), and FBNH (+0.72%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

CAP N13,717,995,293,643.57 One Day (ASI CHG) +1.07%
Index 31,145.15 One Week (ASI CHG) +10.69%
Volume 294,572,910 One Month (ASI CHG) +4.66%
Value N17,468,802,950.03 Six Months (ASI CHG) -0.64%
Deals 4,835 52 Weeks (ASI CHG) -21.60%
Gainers 14 Losers 24
Unchanged 67 Total 105
  YTD Returns +0.15%  

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira exchange rate at the official window stayed unchanged, closing  at  N306.90/$1, against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N360.36, traded high at N365.50 and eventually closed at N360.52 representing a 0.08% appreciation as against yesterday’s closing position. A total of $72.95 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 10.51%, representing a 5.21% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 9.86%, representing a 5.29% appreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 970.49 944.27 -26.22 bps
T.Bills 512.08 512.00 -0.08bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market turned positive after 5 days of negative sentiments and an  unchanged session,  as the Unlisted Securities Index (USI) gained 2.20% to close at 765.57 points. Market Capitalization also grew by N11.86 billion to close at N550.02 billion. Conversely, market activities measured by aggregate volume and value declined by 93.01% and 69.74% respectively. Investors traded a total of 16,305 units of shares valued at N1.45 million in 6 deals.

Seven securities were traded on the OTC Platform today, which are SDAFRILAND, SDCAPDBETO, SDCSCSPLC, SDFCWAMCO, SDLIGHTSP, SDNDEP and SDNIPCOPLC

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Sector Performance           

Sector %    Change
NSE30 0.49
BANKING -0.20
CONSUMER GOODS 1.33
INDUSTRIAL 0.82
INSURANCE 0.02
LOTUS ISLAMIC 1.35
OIL/GAS 0.06

Top 7 Gainers    

Company Pclose Open Close Change % Change
LAWUNION 0.40 0.40 0.44 0.04 10.00
JAPAULOIL 0.22 0.22 0.24 0.02 9.09
NAHCO 3.16 3.16 3.41 0.25 7.91
BETAGLAS 69.70 69.70 75.00 5.30 7.60
CONOIL 20.15 20.15 21.55 1.40 6.95
CADBURY 10.50 10.50 10.95 0.45 4.29
NESTLE 1320.00 1320.00 1365.00 45.00 3.41

Top 7 Losers           

Company Pclose Open Close Change % Change
ACADEMY 0.30 0.30 0.27 -0.03 -10.00
LIVESTOCK 0.60 0.60 0.54 -0.06 -10.00
UCAP 2.30 2.30 2.10 -0.20 -8.70
COURTVILLE 0.23 0.23 0.21 -0.02 -8.70
CHAMS 0.36 0.36 0.33 -0.03 -8.33
STERLNBANK 2.29 2.29 2.10 -0.19 -8.30
CAVERTON 2.45 2.45 2.26 -0.19 -7.76

 Top 7 Traders By Volume    

Company Volume Value(₦) Current Price
SOVRENINS                           280,755,959                         64,602,869 0.23
UBA                             44,424,048                       256,508,614 5.65
MTNN                             34,226,952                    5,238,818,544 149.00
ZENITHBANK                             33,493,590                       630,729,922 18.80
TRANSCORP                             17,427,537                         19,869,929 1.14
UCAP                             15,664,643                         33,646,693 2.10
ACCESS                             14,142,292                         83,321,344 5.85

 Top 7 Traders By Value     

Company Volume Value(₦) Current Price
MTNN                             34,226,952               5,238,818,543.60 149.00
DANGCEM                               4,768,124                  954,427,749.00 205.00
ZENITHBANK                             33,493,590                  630,729,922.15 18.80
NESTLE                                  326,443                  441,124,852.90 1365.00
UNILEVER                               8,076,891                  262,063,615.50 32.00
UBA                             44,424,048                  256,508,614.15 5.65
GUARANTY                               4,469,600                  139,658,155.20 31.05

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