Dangote Cement & 10 others push Equity Market Upwards, Posts 1.57% gain

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The equity market today gained 1.57%, reversing Monday’s  downtrend. The upturn arose due to gains in Dangote Cement and 10 others. Market breadth closed negative, recording 11 gainers against 25 losers.

NSE Trading Floor

In summary, the All Share Index (ASI) grew by 542.68 absolute points, representing an increase of 1.57%, closing at 35,206.16 points. Similarly, the Market Capitalization grew by N198.12 billion, representing an increase of 1.57%, closing at N12.85 trillion.

The Upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; DANGCEM (+6.98%), DANGFLOUR (+6.49%), OANDO (+5.26%), GUARANTY (+2.30%), UCAP (+1.42%), HONEYFLOUR (+0.68%) and FBNH (+0.52%).

Sector Performance

Sector %    Change
NSE30 0.89
BANKING -0.64
CONGLOMERATE 0.45
CONSUMER GOODS -0.39
INDUSTRIAL 1.98
INSURANCE 0.25
LOTUS ISLAMIC 1.67
OIL/GAS 0.20

Top 7 Gainers                                                                                     Number of Gainers (11)

Company Pclose Open Close Change % Change
WAPIC 0.34 0.34 0.37 0.03 8.82
VERITASKAP 0.26 0.26 0.28 0.02 7.69
DANGCEM 215.00 215.00 230.00 15.00 6.98
DANGFLOUR 7.70 7.70 8.20 0.50 6.49
OANDO 4.75 4.75 5.00 0.25 5.26
SKYEBANK 0.50 0.50 0.52 0.02 4.00
GUARANTY 36.95 36.95 37.80 0.85 2.30

Top 7 Losers                                                                                       number of Losers (25)

Company Pclose Open Close Change % Change
LIVESTOCK 0.61 0.61 0.55 -0.06 -9.84
REDSTAREX 5.70 5.70 5.15 -0.55 -9.65
JAIZBANK 0.53 0.53 0.48 -0.05 -9.43
NSLTECH 0.23 0.23 0.21 -0.02 -8.70
JAPAULOIL 0.26 0.26 0.24 -0.02 -7.69
UNITYBNK 0.79 0.79 0.73 -0.06 -7.59
UNIONDAC 0.29 0.29 0.27 -0.02 -6.90

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
UBA                       54,331,628.00                 436,114,443.30 8.00
ZENITHBANK                       25,992,519.00                 571,415,573.35 21.85
FBNH                       14,189,631.00                 138,638,744.40 9.65
TRANSCORP                       13,538,560.00                   14,888,999.05 1.10
SKYEBANK                       12,190,789.00                     6,205,844.88 0.52
WAPIC                       11,990,991.00                     3,852,647.12 0.37
GUARANTY                       10,489,922.00                 395,063,374.20 37.80

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                       25,992,519.00                 571,415,573.35 21.85
UBA                       54,331,628.00                 436,114,443.30 8.00
GUARANTY                       10,489,922.00                 395,063,374.20 37.80
DANGCEM                         1,359,645.00                 296,349,856.10 230.00
GUINNESS                         1,556,896.00                 140,122,507.45 90.00
FBNH                       14,189,631.00                 138,638,744.40 9.65
NESTLE                              65,745.00                   98,590,901.40 1500.00

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