Equity market complete stellar week on a high note

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The equity market performance index (NSE-ASI) today rose by 1.38% to cap of a stellar performance this week which recorded gains throughout. Today’s performance was majorly driven by gains in industrial and consumer goods sector.  Market breadth closed negative, recording 21 gainers and 22 losers.

NSE Trading Floor

The All Share Index (ASI) went up by 421.96 absolute points, representing an increase of 1.38%, closing at 31,005.17 points. Similarly, Market Capitalization increased by N157.35 billion representing a growth of 1.38%, closing at N11.56 trillion.

REGALINS emerged the top gainer while BERGER emerged the top loser.

The uptrend was impacted by gains recorded in medium and large capitalized stocks, amongst which are; CCNN (+9.13%), NESTLE (+3.49%), NB (+2.86%), DANGCEM (+2.58%), WEMABANK (+1.64%), DANGFLOUR (+1.55%), OANDO (+1.14%) and ETERNA (+1.14%).

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MARKET STATISTICS

CAP N11,562,106,539,468.93 One Day (ASI CHG) +1.37
Index 31,005.17 One Week (ASI CHG) +3.98
Volume 300,803,972 One Month (ASI CHG) +0.62
Value N3,764,836,568.01 Six Months (ASI CHG) -15.63
Deals 3,317 52 Weeks (ASI CHG) -30.87
Gainers 21 Losers 22
Unchanged 65 Total 108
  YTD Returns -1.35  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate  remain unchanged to close at N306.85 against  Thursday’s closing price.

The Investors and Exporters (I&E) FX window opened at N362.69, traded high at N365.00 and eventually closed at N362.79, representing a 0.02% depreciation against yesterday’s closing price. A total of $583.01 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 16.17%, representing a 2.67% appreciation against Thursday’s closing position, while Open Buy-Back (OBB) rate also closed at 15.33% representing a 2.33% appreciation against Thursday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 839.03 846.24 +7.21 bps
T.Bills 528.46 506.84 -21.62 bps
Note: BPS=> Basis Points

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Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 1.02
BANKING -0.37
CONSUMER GOODS 2.03
INDUSTRIAL 4.21
INSURANCE 1.11
LOTUS ISLAMIC 2.49
OIL/GAS 0.09

Top 7 Gainers

Company Pclose Open Close Change % Change
REGALINS 0.20 0.20 0.22 0.02 10.00
NEIMETH 0.61 0.61 0.67 0.06 9.84
UBN 6.15 6.15 6.75 0.60 9.76
NEM 2.26 2.26 2.48 0.22 9.73
UNITYBNK 0.83 0.83 0.91 0.08 9.64
CUSTODIAN 5.90 5.90 6.45 0.55 9.32
CCNN 23.00 23.00 25.10 2.10 9.13

Top 7 Losers

Company Pclose Open Close Change % Change
BERGER 8.60 8.60 7.75 -0.85 -9.88
LIVESTOCK 0.53 0.53 0.48 -0.05 -9.43
BETAGLAS 60.30 60.30 55.00 -5.30 -8.79
JAIZBANK 0.54 0.54 0.50 -0.04 -7.41
RESORTSAL 0.28 0.28 0.26 -0.02 -7.14
UNIONDAC 0.29 0.29 0.27 -0.02 -6.90
LAWUNION 0.53 0.53 0.50 -0.03 -5.66

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
DIAMONDBNK                        72,177,497.00                  151,913,842.41 2.10
ZENITHBANK                        49,699,742.00               1,063,759,856.65 21.50
GUARANTY                        46,258,001.00               1,488,552,216.95 31.95
ACCESS                        15,869,145.00                    90,154,491.00 5.60
FIDELITYBK                        15,543,435.00                    31,103,986.11 2.01
SOVRENINS                        11,804,844.00                      3,052,259.44 0.26
FBNH                        11,786,119.00                    86,471,885.20 7.30

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                        46,258,001.00               1,488,552,216.95 31.95
ZENITHBANK                        49,699,742.00               1,063,759,856.65 21.50
UNILEVER                          5,918,541.00                  218,831,569.15 37.00
NESTLE                             106,742.00                  154,561,368.50 1450.00
DIAMONDBNK                        72,177,497.00                  151,913,842.41 2.10
DANGCEM                             478,781.00                    91,497,161.70 194.90
ACCESS                        15,869,145.00                    90,154,491.00 5.60

GTI

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