Equity market ends Q3’20 with a gain of N116.73 billion
Transactions on the Nigerian Stock Exchange today (Wednesday) closed on a positive note, to extend the recent gaining streak to nine consecutive sessions. Today’s transactions which are the last for the quarter saw Market Capitalization value retuned to N14 trillion for the first time in seven months, as gains in TOTAL and 19 other stocks increased investors’ wealth by N116.73 billion. Consequently, market breadth closed positively, recording 20 gainers as against 8 losers.
- NSE Trading Floor
In summary, the All-Share Index (ASI) increased by 219.80 absolute points, representing a growth of 0.83% to close at 26,813.76 points. Similarly, the overall Market Capitalization size gained N116.73 billion, representing an increase of 0.83% to close at N14.02 trillion.
TOTAL emerged top of the gainers’ chart, while UPL tops the losers’ chart.
The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; TOTAL (+10.00%), ETERNA (+9.60%), UACN (+9.45%), WAPIC (+5.71%), STERLNBANK (+4.92%), FCMB (+4.29%), GUARANTY (+3.70%), DANGCEM (+2.81%), ZENITH (+2.00%), and MTNN (+1.18%).
|CAP||N14,024,527,099,413.43||One Day (ASI CHG)||+0.83%|
|Index||26,831.76||One Week (ASI CHG)||+4.07%|
|Volume||322,773,035.00||One Month (ASI CHG)||+6.02%|
|Value||N4,039,015,932.71||Six Months (ASI CHG)||+25.79%|
|Deals||4,046.00||52 Weeks (ASI CHG)||-2.89%|
NASD OTC MARKET
The NASD OTC market today (Wednesday) closed southward, as the Unlisted Securities Index (USI) declined by 0.26% to close at 733.75 points, from yesterday’s closing position of 735.65 points. Similarly, Market Capitalization value lost N1.41 billion to close at N538.98 billion, representing a 0.26% decline from the previous closing position. Similarly, aggregate volume and value declined by 97.86% and 98.79% respectively, as investors traded a total of 47,450 shares, worth N5.72 million in 7 deals.