Bull Run Continues As Local Bourse Ends Trading Week In The Green.

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The Nigerian Equity Market closed the last trading day of the month on a positive note, as investors’ wealth grew by N243 billion to extend the bullish run to five consecutive trading sessions. The market positive run could be attributed to the relatively positive results released so far, and the continuous bearish sentiment in the fixed income segment. Furthermore, the market breadth closed positively, recording 29 gainers as against 25 losers.Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 243.25 absolute points, representing a surge of 0.58% to close at 42,412.66 points. Also, the overall Market Capitalization value gained N127.25 billion, representing a growth of 0.58% to close at N22.19 trillion.

NEM, COURTVILLE and GUINEAINS emerged as top gainers (by percentage points) for today, with the maximum price appreciation of +10.0%, while TRANSEXPR topped the losers’ chart with a price depreciation of -10.00%.

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; CHAMPION(+9.89%), ARDOVA(+8.57%), VITAFOAM(+6.91%), WEMABANK(+4.41%), HONYFLOUR(+4.0%), MTNN(+3.43%), OANDO(+2.50%), UACN(+2.45%), DANGSUGAR(+1.92%), GUARANTY(+1.47%), PZ(+0.89%), and UBN(+0.83%).

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MARKET STATISTICS

CAP N22,186,536,655,740.51 One Day (ASI CHG) +0.58%
Index 42,412.66 One Week (ASI CHG) +3.20%
Volume 669,876,332. One Month (ASI CHG) +8.44%
Value N6,591,818,638.10 Six Months (ASI CHG) +71.75%
Deals 6,663 52 Weeks (ASI CHG) +45.69%
Gainers 29 Losers 25
Unchanged 53 Total 107
YTD Returns +5.32%

Source: NSE, GTI Research

 

Sector Performance

Security Change Percent
NSE30 0.52
NSEBNK 0.52
NSECNSMRGDS 0.32
NSEINDUSTR -0.08
NSEINS 0.91
NSELOTUSISLM 1.05
NSEOILGAS 0.63

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price %Change
NEM 2.2 2.2 2.42 0.22 10.00
COURTVILLE 0.2 0.2 0.22 0.02 10.00
GUINEAINS 0.2 0.2 0.22 0.02 10.00
CHAMPION 2.83 3.11 3.11 0.28 9.89
PORTPAINT 3.19 3.19 3.5 0.31 9.72
NIGERINS 0.21 0.21 0.23 0.02 9.52
NEIMETH 1.98 1.98 2.15 0.17 8.59

Top 7 Losers

Security Previous Close Open Price Close Price Change Price %Change
TRANSEXPR 1.1 1.1 0.99 -0.11 -10.00
UNIVINSURE 0.22 0.22 0.2 -0.02 -9.09
VERITASKAP 0.22 0.22 0.2 -0.02 -9.09
ACADEMY 0.36 0.36 0.33 -0.03 -8.33
TRANSCORP 1.1 1.1 1.02 -0.08 -7.27
SOVRENINS 0.28 0.28 0.26 -0.02 -7.14
MBENEFIT 0.46 0.46 0.43 -0.03 -6.52

Top 7 Traders By Volume

Security  Daily Volume  Daily Value Close Price
UBN         76,153,652.00          441,904,005.95 6.1
TRANSCORP         72,679,188.00            75,474,740.49 1.02
JAPAULGOLD         58,596,849.00            55,451,291.04 0.91
FBNH         58,324,991.00          442,716,593.25 7.6
ZENITHBANK         44,956,083.00      1,230,913,923.25 27.2
ACCESS         40,097,649.00          376,225,668.85 9.3
UNIVINSURE         22,894,230.00              4,578,851.00 0.2

Top 7 Traders By Value

Security  Daily Value  Daily Volume Close Price
ZENITHBANK   1,230,913,923.25            44,956,083.00 27.2
MTNN       947,567,128.90              5,250,358.00 181
GUARANTY       708,837,174.00            20,504,437.00 34.5
WAPCO       601,109,085.60            20,021,910.00 30
FBNH       442,716,593.25            58,324,991.00 7.6
UBN       441,904,005.95            76,153,652.00 6.1
ACCESS       376,225,668.85            40,097,649.00 9.3

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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