Bull regain strength, as equity market gain 0.09%

220 Views

Trading activities on the Lagos Custom street today (Wednesday) closed marginally positive to halt the two trading sessions bearish sentiment. The market All-Share Index advanced by 0.09%, on the back of buy-interest on some bellwether stocks like MTNN, ZENITHBANK and 12 others. Conversely, the market breadth largely negative, recording 14 gainers and 22 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) grew by 34.32 absolute points, representing an increase of 0.09% to close at 38,636.15 points. While the overall Market Capitalization value gained N18.19 billion, representing a growth of 0.09% to close at N20.22 trillion.

GUINNESS emerged as the top gainer (by percentage points) for today, with a price appreciation of +9.96%, while NNFM emerged as the top loser (by percentage points) with a maximum price depreciation of -10.00%.

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; GUINNESS(+9.96%), WEMABANK(+5.26%), CHAMS(+4.76%), FBNH(+2.03%), VITAFOAM(+1.02%), INTBREW(+0.90%), AIICO(+0.80%), LASACO(+0.78%), MTNN(+0.63%), UACN(+0.53%),  and ZENITHBANK(+0.46%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

CAP N20,220,088,556,985.86 One Day (ASI CHG) +0.09%
Index 38,636.15 One Week (ASI CHG) -0.36%
Volume 278,036,018 One Month (ASI CHG) -0.03%
Value N2,272,009,804.69 Six Months (ASI CHG) +36.31%
Deals 3,987 52 Weeks (ASI CHG) +76.58%
Gainers 14 Losers 22
Unchanged 63 Total 99
YTD Returns -4.06%

Source: Ngxgroup.com, GTI Research 

 

 

FMDQ ABOUT

FOREIGN EXCHANGE

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

The Investors and Exporters (I&E) FX window opened at N409.64 traded high at N436.81 and eventually closed at N410.50representing 0.12% depreciation against yesterday’s position. Also, a total of $53.53 million was transacted through the I&E window today.

MONEY MARKET

Overnight (O/N) rate closed at 12.25%, representing a 0.50% depreciation against yesterday’s position, while Open Buy-Back (OBB) rate closed at 12.00%,  representing a 0.25% depreciation as against yesterday’s position.

 

Sector Performance

Security % Change
NSE30 2.26
NSEBNK -0.71
NSECNSMRGDS 1.24
NSEINDUSTR -0.12
NSEINS -4.4
NSELOTUSISLM 4.08
NSEOILGAS -0.14

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
GUINNESS 24.1 24.1 26.5 2.4 9.96
MEYER 0.49 0.49 0.53 0.04 8.16
WEMABANK 0.57 0.57 0.6 0.03 5.26
CHAMS 0.21 0.21 0.22 0.01 4.76
CAVERTON 1.95 1.95 2 0.05 2.56
FBNH 7.4 7.4 7.55 0.15 2.03
CORNERST 0.54 0.54 0.55 0.01 1.85

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
NNFM 6 6 5.4 -0.6 -10.00
FIDSON 4.75 4.75 4.28 -0.47 -9.89
CUTIX 2.25 2.25 2.03 -0.22 -9.78
STERLNBANK 1.8 1.8 1.65 -0.15 -8.33
WAPIC 0.5 0.5 0.46 -0.04 -8.00
NAHCO 2.18 2.18 2.02 -0.16 -7.34
REGALINS 0.28 0.28 0.26 -0.02 -7.14

Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
JAPAULGOLD          46,219,668      34,570,480.00 0.72
UACN          32,595,380    311,502,839.50 9.55
FIDELITYBK          28,472,180      70,727,343.93 2.47
ACCESS          22,685,454    183,242,458.20 8.10
ZENITHBANK          19,617,711    431,426,557.20 22.00
FBNH          12,583,353      94,170,005.80 7.55
WAPCO          10,676,865    223,490,066.40 20.90

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
ZENITHBANK          19,617,711    431,426,557.20 22.00
UACN          32,595,380    311,502,839.50 9.55
GUARANTY            8,704,471    250,896,511.40 28.80
WAPCO          10,676,865    223,490,066.40 20.90
MTNN            1,138,768    183,265,805.00 161.00
ACCESS          22,685,454    183,242,458.20 8.10
FBNH          12,583,353      94,170,005.80 7.55

You may also like...