Bulls reign supreme as Local Bourse continues to ride on gains in blue-chip stocks

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NGX

Transactions on the Local Bourse today (Monday) closed on a positive note, as bulls extend the winning streak to five consecutive trading sessions to lift the NGX-ASI by 0.21%. The positive performance was buoyed by investors’ buy-interest in blue-chip stocks like OANDO, AIRTELAFRI, FLOURMILL, ACCESS, and 25 others. Resultantly, the market breadth closed positively, recording 29 gainers as against 16 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 181.18 absolute points, representing a growth of 0.47%, to close at 38,849.08 points. Similarly, the overall Market Capitalization value rose by N94.40 billion, representing a surge of 0.47% to close at N20.24 trillion.

OANDO emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of +9.82% while UNIVINSURE emerged as a  top loser (by percentage points) with a maximum price depreciation of -9.09%.

Today’s market performance was driven by price appreciation in large and medium capitalized stocks amongst which are; OANDO(+9.82%), FTNCOCOA(+9.76%), ARDOVA(+9.75%), BOCGAS(+9.74%), LIVESTOCK(+9.64%), UACN(+8.57%),  JBERGER(+7.88%), WAPCO(+5.29%), SUNUASSUR(+4.38%), GLAXOSMITH(+4.07%), ETI(+3.92%), PZ(+3.45%), MANSARD(+4.06%), FLOURMILL(+3.02%), FIDELITY(+2.93%), CHAMPION(+2.93%), STERLNBANK(+2.63%), AIRTELAFRI(+2.33%), ACCESS(+2.19%), AIICO(+1.89%), UNITYBNK(+1.64%), DANGSUGAR(+1.13%), ETERNA(+0.84%), UBA(+0.64%)and GTCO(+0.17%).

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MARKET STATISTICS

CAP N20,240,937,768,272.28 One Day (ASI CHG) +0.47%
Index 38,849.08 One Week (ASI CHG) +2.36%
Volume 246,556,190 One Month (ASI CHG) +3.16%
Value N2,242,725,381.18 Six Months (ASI CHG) -6.58%
Deals 4,676 52 Weeks (ASI CHG) +59.04%
Gainers 29 Losers 16
Unchanged 60 Total 105
YTD Returns -3.53%

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
NGX30 0.18
NGXBNK 0.26
NGXCNSMRGDS 0.28
NGXINDUSTR 0.3
NGXINS -0.42
NGXLOTUSISLM 0.2
NGXOILGAS 2.24

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
OANDO 3.97 4.36 4.36 0.39 9.82
FTNCOCOA 0.41 0.41 0.45 0.04 9.76
ARDOVA 15.9 15.9 17.45 1.55 9.75
BOCGAS 7.7 7.7 8.45 0.75 9.74
LIVESTOCK 1.97 1.97 2.16 0.19 9.64
UACN 10.5 10.5 11.4 0.9 8.57
JBERGER 20.3 20.3 21.9 1.6 7.88

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
UNIVINSURE 0.22 0.22 0.2 -0.02 -9.09
LINKASSURE 0.7 0.7 0.65 -0.05 -7.14
SOVRENINS 0.29 0.29 0.27 -0.02 -6.90
AFRIPRUD 6.9 6.7 6.45 -0.45 -6.52
REGALINS 0.48 0.48 0.45 -0.03 -6.25
HONYFLOUR 1.74 1.74 1.65 -0.09 -5.17
IKEJAHOTEL 1.25 1.25 1.19 -0.06 -4.80

Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
FIDELITYBK      30,544,464     73,765,662.70 2.46
ACCESS      14,714,058   136,722,264.30 9.35
UBA      13,843,872   108,646,189.95 7.85
GTCO      12,760,702   378,319,014.35 29.65
WEMABANK      11,265,344       9,806,299.70 0.88
UNIVINSURE      10,895,569       2,188,723.79 0.20
COURTVILLE        9,682,840       2,231,789.10 0.23

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
GTCO      12,760,702   378,319,014.35 29.65
ZENITHBANK        8,063,059   199,792,443.70 24.65
ACCESS      14,714,058   136,722,264.30 9.35
AIRTELAFRI           200,346   123,210,712.40 615.00
UBA      13,843,872   108,646,189.95 7.85
DANGCEM           423,843   104,374,389.50 248.00
SEPLAT           125,383     96,392,181.30 770.00

FMDQ

money market 23072021 1

The overnight (O/N) rate closed at 28.75%, appreciating by 20.50% against Thursday’s position. while Open Buy-Back (OBB) rate closed at 27.50%, appreciating also by 19.50% against Thursday’s position.

 

foreign exchange 23072021

The I&E FX window traded high and low at N412.78 and N403.22 respectively, and eventually closed at N411.50, against Thursday’s closing position. Also, at the BDC, the naira remains unchanged at N500.00.

Foreign Reserve 1

 

Nigeria’s foreign reserve strengthened by $23.27 million to $33.25 billion on (23/07/2021) from $33.23billion on (22/07/2021).

 

Crudeoil

The Brent crude decreased by $0.35 to $73.44 on (23/07/2021) from $73.79 (23/07/2021), representing a 0.47% decline in price. Bonny Light appreciated by $0.87 to $72.8 on (23/07/2021) from $71.93 (22/07/2021), representing 1.21% increment in price.

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