Equity Market begins the week in the green!

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The equity market performance index (NSE-ASI) recorded 0.45% gain to open the new trading week, this was the third consecutive gain in the the year. Market breadth closed at par, recording 11 gainers and 11 losers.

NSE Trading Floor

The All Share Index (ASI) went up by 134.09 absolute points, representing a gain of 0.45%, closing at 29,964.79 points. Similarly, Market Capitalization increased by N50.00 billion representing a growth of 0.45%, closing at N11.17 trillion.

FIRSTALUM emerged the top gainer while LINKASSURE emerged the top loser.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; DIAMONDBANK (+3.47%), FCMB (+2.35%), DANGCEM (+1.69%), DANGFLOUR (+0.80%), and TRANSCORP (+0.78%).

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MARKET STATISTICS

CAP N11,174,141,045,353.81 One Day (ASI CHG) +0.45
Index 2,542 One Week (ASI CHG) -1.43
Volume 132,408,139 One Month (ASI CHG) -2.31
Value N1,085,698,930.52 Six Months (ASI CHG) -19.86
Deals 29,964.79 52 Weeks (ASI CHG) -30.15
Gainers 11 Losers 11
Unchanged 69 Total 91
  YTD Returns -4.66  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed at N306.85 representing a 0.02% appreciation against last Friday’s closing price.

The Investors and Exporters (I&E) FX window opened at N364.58, traded high at N366.00 and eventually closed at N364.30, representing a 0.18% appreciation against last Friday’s closing price. A total of $219.98 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 35.25%, representing a 12.75% appreciation against Friday’s closing position, while Open Buy-Back (OBB) rate also closed at 31.67% representing a 11.67% appreciation against Friday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 853.72 837.76 -15.96 bps
T.Bills 535.66 533.58 -2.08 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 0.34
BANKING -0.08
CONSUMER GOODS -0.07
INDUSTRIAL 1.08
INSURANCE -1.53
LOTUS ISLAMIC 0.43
OIL/GAS -0.27

Top 7 Gainers

Company Pclose Open Close Change % Change
FIRSTALUM 0.33 0.33 0.36 0.03 9.09
UCAP 2.83 2.83 2.98 0.15 5.30
MBENEFIT 0.2 0.2 0.21 0.01 5.00
ROYALEX 0.21 0.21 0.22 0.01 4.76
DIAMONDBNK 2.02 2.02 2.09 0.07 3.47
FCMB 1.7 1.7 1.74 0.04 2.35
WAPCO 12.25 12.25 12.50 0.25 2.04

Top 7 Losers

Company Pclose Open Close Change % Change
LINKASSURE 0.65 0.65 0.59 -0.06 -9.23
WAPIC 0.44 0.44 0.4 -0.04 -9.09
NAHCO 3.5 3.5 3.21 -0.29 -8.29
RESORTSAL 0.37 0.37 0.34 -0.03 -8.11
JAIZBANK 0.53 0.53 0.50 -0.03 -5.66
FO 29 29 28 -1.00 -3.45
LASACO 0.3 0.3 0.29 -0.01 -3.33

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
DIAMONDBNK                       50,104,086.00                 103,577,259.92 2.09
ACCESS                       16,467,590.00                   92,402,648.90 5.65
ZENITHBANK                       12,317,356.00                 268,607,012.10 21.80
TRANSCORP                         9,783,392.00                   12,419,540.97 1.30
UBA                         6,723,662.00                   49,873,944.95 7.35
GUARANTY                         5,296,917.00                 177,400,526.00 33.50
FBNH                         4,873,073.00                   36,219,723.85 7.40

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                       12,317,356.00                 268,607,012.10 21.80
GUARANTY                         5,296,917.00                 177,400,526.00 33.50
GUINNESS                         1,943,524.00                 126,312,933.00 65.00
DIAMONDBNK                       50,104,086.00                 103,577,259.92 2.09
ACCESS                       16,467,590.00                   92,402,648.90 5.65
UBA                         6,723,662.00                   49,873,944.95 7.35
NB                            582,835.00                   45,439,091.95 78.00

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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