Equity market reverses negative sentiment, post 0.32% gain

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The equity market today closed higher, gaining 0.32% to reverse yesterday’s negative position, the gain was impacted by investment in DANGSUGAR and 16 other stocks.  Market breadth closed negative, recording 17 gainers and 22 losers.

NSE Trading Floor

In summary, the All Share Index (ASI) was up by 97.92 absolute points, representing a growth of 0.32%, closing at 30,802.90 points. Similarly, Market Capitalization increased by N32.77 billion representing a growth of 0.32%, closing at N11.25 trillion.

NEIMETH emerged the top gainer while UNIONDAC emerged the top loser.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; BERGER (+9.79%), DIAMONDBANK (+9.60%), SEPLAT (+6.81%), DANSUGAR +(5.26%), CONOIL (+3.70%), TRANSCORP (+2.44%), DANGCEM (+2.15%) and GUARANTY (+0.29%).

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MARKET STATISTICS

CAP N11,251,331,182,119.67 One Day (ASI CHG) +0.32
Index 30,802.90 One Week (ASI CHG) +0.77
Volume 545,980,788 One Month (ASI CHG) -4.40
Value N4,089,757,817.67 Six Months (ASI CHG) -20.21
Deals 3,224 52 Weeks (ASI CHG) -18.80
Gainers 17 Losers 22
Unchanged 52 Total 91
  YTD Returns -19.46  

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate remain unchanged to closed at N306.95 against Wednesday’s closing price

The Investors and Exporters (I&E) FX window opened at N364.76, traded high at N366.00 and eventually closed at N364.57, representing a 0.10% appreciation against Wednesday’s closing price. A total of $264.46 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 14.83%,representing a 8.24% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 13.58% representing a 8.13% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 861.95 858.80 -3.15 bps
T.Bills 610.20 606.76 -3.44 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 0.15
BANKING -1.61
CONSUMER GOODS -0.25
INDUSTRIAL 1.14
INSURANCE 2.63
LOTUS ISLAMIC 0.51
OIL/GAS 3.09

Top 7 Gainers

Company Pclose Open Close Change % Change
NEM 2.3 2.3 2.53 0.23 10.00
UNITYBNK 0.8 0.8 0.88 0.08 10.00
BERGER 7.15 7.15 7.85 0.70 9.79
DIAMONDBNK 1.25 1.25 1.37 0.12 9.60
JAIZBANK 0.46 0.46 0.5 0.04 8.70
LAWUNION 0.51 0.51 0.55 0.04 7.84
NAHCO 3.37 3.37 3.60 0.23 6.82

Top 7 Losers

Company Pclose Open Close Change % Change
UNIONDAC 0.26 0.26 0.24 -0.02 -7.69
UBN 6 6 5.6 -0.40 -6.67
CCNN 19.05 19.05 17.8 -1.25 -6.56
UACN 10.7 10.7 10 -0.70 -6.54
ACCESS 7.9 7.9 7.4 -0.50 -6.33
AFRIPRUD 3.74 3.74 3.52 -0.22 -5.88
ETI 15 15 14.25 -0.75 -5.00

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ZENITHBANK                       37,289,117.00                 838,476,182.55 22.55
GUARANTY                       20,809,846.00                 711,834,308.80 34.70
ACCESS                       61,870,306.00                 473,308,528.10 7.40
DANGCEM                         2,042,166.00                 380,390,076.70 190.00
STANBIC                         7,307,009.00                 336,098,526.35 46.00
WAPCO                       24,448,768.00                 288,322,925.30 11.75
NESTLE                            113,143.00                 165,829,994.70 1460.00

Top 7 Traders By Value

Company Volume Value(₦) Current Price
UNIONDAC                     274,173,974.00                   65,812,862.95 0.24
ACCESS                       61,870,306.00                 473,308,528.10 7.40
ZENITHBANK                       37,289,117.00                 838,476,182.55 22.55
WAPCO                       24,448,768.00                 288,322,925.30 11.75
GUARANTY                       20,809,846.00                 711,834,308.80 34.70
UBA                       17,271,812.00                 131,311,084.15 7.50
FBNH                       16,487,004.00                 124,366,064.55 7.60

 

Sector Performance

Sector %    Change
NSE30 0.15
BANKING -1.61
CONSUMER GOODS -0.25
INDUSTRIAL 1.14
INSURANCE 2.63
LOTUS ISLAMIC 0.51
OIL/GAS 3.09

Top 7 Gainers

Company Pclose Open Close Change % Change
NEM 2.3 2.3 2.53 0.23 10.00
UNITYBNK 0.8 0.8 0.88 0.08 10.00
BERGER 7.15 7.15 7.85 0.70 9.79
DIAMONDBNK 1.25 1.25 1.37 0.12 9.60
JAIZBANK 0.46 0.46 0.5 0.04 8.70
LAWUNION 0.51 0.51 0.55 0.04 7.84
NAHCO 3.37 3.37 3.60 0.23 6.82

Top 7 Losers

Company Pclose Open Close Change % Change
UNIONDAC 0.26 0.26 0.24 -0.02 -7.69
UBN 6 6 5.6 -0.40 -6.67
CCNN 19.05 19.05 17.8 -1.25 -6.56
UACN 10.7 10.7 10 -0.70 -6.54
ACCESS 7.9 7.9 7.4 -0.50 -6.33
AFRIPRUD 3.74 3.74 3.52 -0.22 -5.88
ETI 15 15 14.25 -0.75 -5.00

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ZENITHBANK                       37,289,117.00                 838,476,182.55 22.55
GUARANTY                       20,809,846.00                 711,834,308.80 34.70
ACCESS                       61,870,306.00                 473,308,528.10 7.40
DANGCEM                         2,042,166.00                 380,390,076.70 190.00
STANBIC                         7,307,009.00                 336,098,526.35 46.00
WAPCO                       24,448,768.00                 288,322,925.30 11.75
NESTLE                            113,143.00                 165,829,994.70 1460.00

Top 7 Traders By Value

Company Volume Value(₦) Current Price
UNIONDAC                     274,173,974.00                   65,812,862.95 0.24
ACCESS                       61,870,306.00                 473,308,528.10 7.40
ZENITHBANK                       37,289,117.00                 838,476,182.55 22.55
WAPCO                       24,448,768.00                 288,322,925.30 11.75
GUARANTY                       20,809,846.00                 711,834,308.80 34.70
UBA                       17,271,812.00                 131,311,084.15 7.50
FBNH                       16,487,004.00                 124,366,064.55 7.60

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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