Blue chip stocks led by MTNN sustain NSE-ASI bullish trend
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%).
|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%|
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.
Overnight(O/N) and Open Buy-Back (OBB) rates remain unchanged closing at 5.29%, and 4.57% respectively against yesterday’s closing position.
|Note: BPS=> Basis Points|
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
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value