DANGCEM & MTNN halts stock bearish sentiment as NSE-ASI gain 0.41%

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The Nigerian Equity Market closed transaction for today (Tuesday) on a positive note, to halt the last three trading sessions bearish sentiment. The positive market positive return was majorly impacted by the price appreciation in the two highly capitalized stocks – DANGCEM and MTNN.  Consequently, the market breadth closed marginally negative, recording 20 losers against 11 gainers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 158.97 absolute points, representing a growth of 0.41% to close at 38,720.81 points. While the overall Market Capitalization value gained N83.18 billion, representing an increase of 0.41% to close at N20.26 trillion.

GUINNESS and REGALINS emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of +10.00% while WAPIC emerged as the top loser with a maximum price depreciation of -9.09%.

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; REGALINS(+10.00%), GUINNESS(+10.00%), JAIZBANK(+9.68%), VITAFOAM(+5.44%), LIVESTOCK(+3.83%), DANGCEM(+3.55%), UAC-PROP(+2.63%), GLAXOSMITH(+2.42%), MTNN(+1.20%), AIICO(+0.83%), and STERLNBANK(+0.64%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

 

CAP N20,258,916,575,740.93 One Day (ASI CHG) +0.41%
Index 38,720.81 One Week (ASI CHG) +0.09%
Volume 220,857,225 One Month (ASI CHG) -4.56%
Value N4,205,809,076.97 Six Months (ASI CHG) +51.27%
Deals 4,192 52 Weeks (ASI CHG) +70.54%
Gainers 11 Losers 20
Unchanged 76 Total 107
YTD Returns -3.85%

Source: NSE, GTI Research 

 

FMDQ ABOUT

FOREIGN EXCHANGE

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

The Investors and Exporters (I&E) FX window opened at N409.24 traded high at N412.00 and eventually closed at N409.75representing 0.21% depreciation against yesterday’s position. Also, a total of $50.67 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 10.50%, representing a 2.25% depreciation against Monday’s position, while Open Buy-Back (OBB) rate closed at 10.25%,  representing a 2.25% depreciation as against Monday’s position.

Sector Performance

Security Change Percent
NSE30 0.30
NSEBNK -3.51
NSECNSMRGDS 0.23
NSEINDUSTR 1.70
NSEINS -1.07
NSELOTUSISLM 1.07
NSEOILGAS 0.00

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
GUINNESS 23 23 25.30 2.30 10.00
REGALINS 0.3 0.3 0.33 0.03 10.00
JAIZBANK 0.62 0.62 0.68 0.06 9.68
VITAFOAM 7.35 7.35 7.75 0.40 5.44
LIVESTOCK 1.83 1.83 1.90 0.07 3.83
DANGCEM 220 220 227.80 7.80 3.55
UAC-PROP 0.76 0.76 0.78 0.02 2.63

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
WAPIC 0.55 0.55 0.50 -0.05 -9.09
AFRIPRUD 5.45 5.45 5.00 -0.45 -8.26
FIDELITYBK 2.39 2.39 2.23 -0.16 -6.69
ETI 5.15 5.15 4.85 -0.30 -5.83
GUARANTY 29.95 29.95 28.50 -1.45 -4.84
AFRINSURE 0.21 0.21 0.20 -0.01 -4.76
ZENITHBANK 21.2 21.2 20.30 -0.90 -4.25

Top 7 Traders By Volume

Security  Daily Volume  Daily Value Close Price
UBA    24,407,480.00    171,572,681.75 7.00
ACCESS    19,132,454.00    148,117,487.30 7.80
MBENEFIT    17,877,056.00         6,851,745.58 0.38
MANSARD    17,446,284.00      17,280,177.14 0.99
GUARANTY    16,329,737.00    470,571,707.15 28.50
FBNH    15,528,774.00    110,992,454.15 7.30
NOTORE    15,388,595.00    959,589,937.50 62.50

Top 7 Traders By Value

Security  Daily Volume  Daily Value Close Price
NOTORE    15,388,595.00    959,589,937.50 62.5
DANGCEM      4,101,593.00    933,038,284.10 227.8
NESTLE          448,080.00    617,626,735.00 1375
GUARANTY    16,329,737.00    470,571,707.15 28.5
ZENITHBANK    15,186,178.00    315,916,115.90 20.3
UBA    24,407,480.00    171,572,681.75 7
ACCESS    19,132,454.00    148,117,487.30 7.8

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