Blue chip stocks led by MTNN sustain NSE-ASI bullish trend

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The Nigeria Equity Market performance indicator, the All Share Index (ASI) rose by 3.07%, extending bullish trend to five consecutive trading sessions on the back of MTNN listing. Market breadth closed negative, recording 12 gainers and 27 losers.

NSE Trading Floor

The All Share Index (ASI) gained 927.01 absolute points, representing a growth of 3.07% to close at 31.145.15 points. Similarly, Market Capitalization grew by N408.31 billion, representing an increase of 3.07% to close at N13.72 trillion.

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

The uptrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; MTNN (+9.98%), DANGCEM (+9.73%), UACN (+2.33%), CADBURY (+1.45%), DANGFLOUR (+0.61%),  and CONOIL (+0.25%).

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MARKET STATISTICS  

CAP N13,717,995,293,643.57 One Day (ASI CHG) +3.07%
Index 31,145.15 One Week (ASI CHG) +10.11%
Volume 294,572,910 One Month (ASI CHG) +3.52%
Value N17,468,802,950.03 Six Months (ASI CHG) -2.62%
Deals 4,835 52 Weeks (ASI CHG) -22.62%
Gainers 12 Losers 27
Unchanged 67 Total 106
  YTD Returns -0.91%  

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

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

The Investors and Exporters (I&E) FX window opened at N360.31, traded high at N361.50 and eventually closed at N360.80 representing a 0.11% depreciation as against yesterday’s closing position. A total of $138.41 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) and Open Buy-Back (OBB) rates remain unchanged closing at 5.29%, and 4.57% respectively against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 948.67 970.49 +21.82 bps
T.Bills 515.25 512.08 -3.17bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market remain unchanged as the Unlisted Securities Index (USI) closed at 765.91points against yesterday’s index. The Market Capitalization also remain unchanged, closing at N538.16 billion. Market activities measured by aggregate volume and value grew by 1,220.96% and 67.75% respectively. Investors traded a total of 233,388 units of shares valued at N4.79 million in 9 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 0.02
BANKING -2.67
CONSUMER GOODS -3.57
INDUSTRIAL 4.50
INSURANCE -0.50
LOTUS ISLAMIC 1.11
OIL/GAS -0.27

Top 7 Gainers    

Company Pclose Open Close Change % Change
MTNN 131.70 131.70 144.85 13.15 9.98
VITAFOAM 3.87 3.87 4.25 0.38 9.82
DANGCEM 185.00 185.00 203.00 18.00 9.73
THOMASWY 0.37 0.40 0.40 0.03 8.11
UPL 1.70 1.70 1.80 0.10 5.88
GLAXOSMITH 8.50 8.50 8.95 0.45 5.29
UNITYBNK 0.66 0.66 0.68 0.02 3.03

Top 7 Losers           

Company Pclose Open Close Change % Change
LAWUNION 0.44 0.44 0.40 -0.04 -9.09
ETI 10.00 10.00 9.15 -0.85 -8.50
JAPAULOIL 0.24 0.24 0.22 -0.02 -8.33
COURTVILLE 0.25 0.25 0.23 -0.02 -8.00
NESTLE 1430.00 1430.00 1320.00 -110.00 -7.69
NPFMCRFBK 1.47 1.47 1.36 -0.11 -7.48
AFRIPRUD 3.94 3.94 3.66 -0.28 -7.11

 Top 7 Traders By Volume    

Company Volume Value(₦) Current Price
MTNN                             93,722,710                  13,575,734,544 144.85
ZENITHBANK                             29,465,005                       566,547,049 19.00
UBA                             22,367,898                       129,558,217 5.70
ACCESS                             21,403,759                       127,873,013 5.95
GUARANTY                             16,552,656                       516,619,106 30.50
FBNH                             13,550,981                         93,655,606 6.90
DANGCEM                               8,744,238                    1,658,295,864 203.00

 Top 7 Traders By Value     

Company Volume Value(₦) Current Price
MTNN                             93,722,710             13,575,734,543.50 144.85
DANGCEM                               8,744,238               1,658,295,863.60 203.00
ZENITHBANK                             29,465,005                  566,547,048.65 19.00
GUARANTY                             16,552,656                  516,619,105.90 30.50
NESTLE                                  198,192                  260,356,093.80 1320.00
NB                               2,178,190                  134,936,814.45 61.70
UBA                             22,367,898                  129,558,216.50 5.70

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