Banking stocks lift equity market by 0.03%

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Trading activities on the Lagos Custom Street today (Tuesday) closed marginally positive, as NSE performance indices (All-Share Index and Market Cap.) grew by 0.03% to halt the five consecutive losing streak. The upturn was buoyed by buy-interest in some banking stocks. However, the market breath closely negative, recording 16 gainers as against 24 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 10.77 absolute points, representing a growth of 0.03% to close at 40,164.86 points. While the overall Market Capitalization value gained N5.63 billion, representing a spike of 0.03% to close at N21.01 trillion.

LIVESTOCK and AIICO emerged as joint-top gainer with a price appreciation of +7.14%, while SUNUASSUR emerged as top loser (by percentage points) for today, with the price depreciation of -9.88%.  

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; FLOURMILL(+6.16%), ZENITHBANK(+4.84%), GUINNESS(+4.07%), UCAP(+3.50%), UBA(+1.19%), and GUARANTY(+0.82).

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MARKET STATISTICS

CAP N21,014,450,996,144.37 One Day (ASI CHG) +0.03%
Index 40,164.86 One Week (ASI CHG) -0.81%
Volume 337,955,177 One Month (ASI CHG) -2.04%
Value N3,845,103,251.25 Six Months (ASI CHG) +59.25%
Deals 5,232 52 Weeks (ASI CHG) +46.65%
Gainers 16 Losers 24
Unchanged 66 Total 106
YTD Returns -0.26%

Source: NSE, GTI Research 

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira at the official rate remains unchanged to close at N379.00/$1 as against Friday’s position.

The Investors and Exporters (I&E) FX window opened at N409.50 traded high at N412.00 and eventually closed at N408.6, representing 0.34% appreciation against Monday’s position. A total of $52.58 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 2.00%, representing a 13.25% depreciation against Monday’s position, while Open Buy-Back (OBB) rate closed at 1.75%,  representing a 13.25% depreciation as against Monday’s position.

 

Sector Performance

Security % Change
NSE30 0.02
NSEBNK 1.68
NSECNSMRGDS -1.61
NSEINDUSTR 0.00
NSEINS -0.92
NSELOTUSISLM -0.11
NSEOILGAS 0.00

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
AIICO 1.12 1.12 1.2 0.08 7.14
LIVESTOCK 2.1 2.1 2.25 0.15 7.14
FLOURMILL 29.2 29.2 31 1.8 6.16
ZENITHBANK 24.8 24.8 26 1.2 4.84
CUTIX 2.15 2.15 2.25 0.1 4.65
CHAMS 0.22 0.22 0.23 0.01 4.55
GUINNESS 22.1 22.1 23 0.9 4.07

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
SUNUASSUR 0.81 0.81 0.73 -0.08 -9.88
LASACO 1.52 1.52 1.37 -0.15 -9.87
AFRIPRUD 6.6 6.6 5.95 -0.65 -9.85
ABCTRANS 0.35 0.35 0.32 -0.03 -8.57
UPL 1.29 1.29 1.18 -0.11 -8.53
NB 59 59 54 -5 -8.47
CORNERST 0.69 0.69 0.64 -0.05 -7.25

Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
FBNH          64,588,247        471,801,052.30 7.3
ZENITHBANK          52,673,009    1,341,206,505.80 26
TRANSCORP          41,987,880          38,118,654.63 0.92
UCAP          20,968,270        128,224,244.12 6.21
UBA          18,146,830        153,239,636.30 8.5
UAC-PROP          17,055,203          14,753,018.61 0.83
GUARANTY          16,608,524        507,989,705.80 30.75

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
ZENITHBANK          52,673,009    1,341,206,505.80 26
GUARANTY          16,608,524        507,989,705.80 30.75
FBNH          64,588,247        471,801,052.30 7.3
MTNN            1,561,864        280,024,833.70 180
DANGCEM            1,015,954        217,218,135.40 220
UBA          18,146,830        153,239,636.30 8.5
GUINNESS            5,661,085        128,281,270.55 23

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