AGAIN: MTNN and DANGCEM push NSE-ASI back to 30 thousand mark

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Activities on the Nigeria bourse extended its positive rally after today’s transactions, helped by price appreciation in MTNN and DANGCEM stocks. Industrial Goods, Banking and Oil&Gas sector also recorded positive sentiment. However, market breadth closed negative, recording 16 gainers and 20 losers.

NSE Trading Floor

The All Share Index (ASI) gained 844.74 absolute points, representing a growth of 2.88% to close at 30,218.14 points. Similarly, Market Capitalization grew by N372.07 billion, representing an increase of 2.88% to close at N13.31 trillion.

MTNN emerged the top gainer while LIVESTOCK emerged as top loser.

The uptrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; MTNN (+9.98%), FO (+8.82%), ETERNA (+6.67%), DANGCEM (+3.93%), GUARANTY (+2.96%), TRANSCORP (+2.42%),  and CCNN (+0.72%).

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MARKET STATISTICS  

CAP N13,309,689,524,443.74 One Day (ASI CHG) +2.88%
Index 30,218.14 One Week (ASI CHG) +6.32%
Volume 335,599,980 One Month (ASI CHG) +0.44%
Value N17,185,526,230.96 Six Months (ASI CHG) -5.48%
Deals 4,453 52 Weeks (ASI CHG) -25.25%
Gainers 16 Losers 20
Unchanged 73 Total 109
  YTD Returns -3.86%  

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

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

The Investors and Exporters (I&E) FX window opened at N360.40, traded high at N365.50 and eventually closed at N360.42 representing a 0.08% appreciation as against yesterday’s closing position. A total of $84.08 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 5.29%, representing a 0.43% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 4.57%, representing a 0.43% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 943.04 948.67 +5.63 bps
T.Bills 520.10 515.25 -4.85 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market extended its bearish run as the Unlisted Securities Index (USI) dipped by 1.28% to close at 749.08 points against yesterday’s index. Similarly, Market Capitalization declined by N6.98 billion to close at N538.16 billion. Market activities measured by aggregate volume and value declined by 84.00% and 78.17% respectively. Investors traded a total of 17,668 units of shares valued at N2.86 million in 7 deals.

Two securities were traded on the OTC Platform today, which are SDFCWAMCO and SDNIPCOPLC

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Sector Performance           

Sector %    Change
NSE30 1.04
BANKING 0.94
CONSUMER GOODS -0.33
INDUSTRIAL 2.08
INSURANCE 0.00
LOTUS ISLAMIC 1.04
OIL/GAS 0.53

Top 7 Gainers    

Company Pclose Open Close Change % Change
MTNN 119.75 119.75 131.70 11.95 9.98
AFRIPRUD 3.60 3.60 3.94 0.34 9.44
THOMASWY 0.34 0.34 0.37 0.03 8.82
FO 25.55 25.55 27.80 2.25 8.81
COURTVILLE 0.23 0.23 0.25 0.02 8.70
ETERNA 3.75 3.75 4.00 0.25 6.67
UBN 6.80 6.80 7.10 0.30 4.41

Top 7 Losers           

Company Pclose Open Close Change % Change
LIVESTOCK 0.70 0.70 0.63 -0.07 -10.00
JULI 1.67 1.67 1.51 -0.16 -9.58
AFROMEDIA 0.45 0.45 0.41 -0.04 -8.89
CUSTODIAN 6.50 6.50 6.00 -0.50 -7.69
CUTIX 1.77 1.77 1.65 -0.12 -6.78
GLAXOSMITH 9.00 9.00 8.50 -0.50 -5.56
AIICO 0.69 0.69 0.66 -0.03 -4.35

 Top 7 Traders By Volume    

Company Volume Value(₦) Current Price
MTNN                           110,718,889                  14,581,677,681 131.70
FBNH                             31,437,203                       219,403,824 6.90
STERLNBANK                             26,132,372                         60,161,541 2.30
GUARANTY                             23,861,378                       743,508,958 31.30
TRANSCORP                             21,175,309                         26,188,300 1.27
ZENITHBANK                             19,481,185                       382,509,443 19.50
UBA                             16,321,365                         97,632,781 5.95

 Top 7 Traders By Value     

Company Volume Value(₦) Current Price
MTNN                           110,718,889             14,581,677,681.30 131.70
GUARANTY                             23,861,378                  743,508,958.25 31.30
DANGCEM                               3,408,312                  621,516,464.60 185.00
ZENITHBANK                             19,481,185                  382,509,443.40 19.50
FBNH                             31,437,203                  219,403,823.70 6.90
UBA                             16,321,365                    97,632,781.25 5.95
ACCESS                             15,671,521                    95,222,312.45 6.00

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