Equity Market Extends Positive Sentiment by 0.75%, as Inflation Declines Further to 16.63%.

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NGX

The Nigeria Equity Market wrapped up transactions for the week, today (Friday) on a positive note to extend the bullish sentiment to four consecutive trading sessions, as NGX-ASI advanced by 0.75%. Today’s market gain was impacted by price appreciation in blue-chip stocks such as TOTAL, BUACEMENT, NB, GTCO, DANGSUGAR, FBNH, UCAP, UBA, and 22 others. Resultantly, the market breadth closed positively, recording 30 gainers as against 8 losers

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) advanced by 308.17 absolute points, representing an increase of 0.75%, to close at 41,438.15 points. Similarly, the overall Market Capitalization value grew by N192.54 billion, representing a rise of 0.90% to close at N21.62 trillion. The discrepancy in the ASI and Market Capitalization was a result of a new listing of NGXGROUP shares.

SCOA emerged as the top gainer (by percentage points) with a price appreciation of +9.20%, while CHAMS emerged as the top loser (by percentage points) for today, with a price depreciation of -8.33%.

Today’s market positive performance was driven by price appreciation in large and medium capitalized stocks which are; SCOA (+9.20%) , CUSTODIAN (+8.96%), INTERBREW (+8.70%), FBNH (+8.09%), GLAXOSMITH (+6.56%), WAPIC (+6.38%), UCAP (+4.23%), WEMABANK (+3.95%), GTCO (+3.86%), OANDO (+3.81%), JAIZBANK (+3.45%), BUACEMENT (+3.05%), CHAMPION (+2.95%), ETI (+2.22%), FCMB (+2.00%), UBN (+1.96%), NB (+1.91%), UBA (+0.61%), TOTAL (+0.52%)  AND DANGSUGAR (+0.28%).

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MARKET STATISTICS

CAP N 21,624,778,809,285.4 One Day (ASI CHG) +0.75%
Index 41,438.15 One Week (ASI CHG) +1.39%
Volume 728,955,908 One Month (ASI CHG) +6.34%
Value N 8,530,214,362.52 Six Months (ASI CHG) +7.43%
Deals 4,852 52 Weeks (ASI CHG) +46.20%
Gainers 30 Losers 8
Unchanged 64 Total 102
YTD Returns +2.90%

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI 0.75
NGX30 0.90
NGXBNK 0.34
NGXCNSMRGDS 0.91
NGXINDUSTR 0.75
NGXINS 0.85
NGXLOTUSISLM 0.38
NGXOILGAS 0.86

 

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % change
SCOA 0.87 0.87 0.95 0.08 9.20
CUSTODIAN 6.70 6.70 7.30 0.60 8.96
INTBREW 4.60 4.60 5.00 0.40 8.70
FBNH 11.75 11.80 12.70 0.95 8.09
GLAXOSMITH 6.10 6.10 6.50 0.40 6.56
WAPIC 0.47 0.47 0.50 0.03 6.38
HONYFLOUR 3.35 3.35 3.55 0.20 5.97

 

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % change
CHAMS 0.24 0.24 0.22 -0.02 -8.33
UPL 1.60 1.60 1.50 -0.10 -6.25
WAPCO 25.30 25.30 24.10 -1.20 -4.74
AFRIPRUD 6.90 6.90 6.65 -0.25 -3.62
STERLNBANK 1.57 1.57 1.52 -0.05 -3.18
JAPAULGOLD 0.48 0.48 0.47 -0.01 -2.08
FIDELITYBK 2.79 2.79 2.74 -0.05 -1.79

 

Top 7 Traders By Volume

Security Close Price  Daily Volume   Daily Value 
FBNH 12.70    476,546,101.00    5,928,563,027.75
UNIVINSURE 0.22      39,687,186.00            8,328,553.06
GTCO 29.60      33,167,327.00        972,384,744.00
FIDELITYBK 2.74      21,872,951.00          59,772,540.65
TRANSCORP 0.99      20,787,030.00          20,442,881.16
ACCESS 9.60      16,982,668.00        163,000,235.45
CHAMPION 3.14      10,979,118.00          34,022,965.41

 

Top 7 Traders By Value

Security Close Price  Daily Volume   Daily Value 
FBNH 12.70    476,546,101.00    5,928,563,027.75
GTCO 29.60      33,167,327.00        972,384,744.00
NB 47.90         7,685,307.00        361,527,730.00
ACCESS 9.60      16,982,668.00        163,000,235.45
ZENITHBANK 24.70         5,110,721.00        126,066,965.80
TOTAL 193.00            603,260.00        117,050,249.60
WAPCO 24.10         4,569,858.00        109,198,547.45

 

 

FMDQ

 

Money Market 15102021The overnight (O/N) rate closed higher at 20.00 on Friday (15/10/2021), appreciating by 8.75% against Thursday’s position.  Open Buy-Back (OBB) rate closed at 19.50 on Friday (15/10/2021), appreciating by 8.50% against Thursday’s position.

Foreign Exchange 15102021The I&E FX window traded high and low at N436.00 and N404.00 respectively on Friday (15/10/2021) and eventually closed at N415.07 appreciating by 1.66% against Thursday’s position.

Foreign Reserve 15102021

Nigeria’s foreign reserve appreciated by $200.21 million to $39.62 billion on (14/10/2021) from $39.42 billion on (13/10/2021).

Crude oil 13102021The WTI crude depreciated by $0.20 to $80.44 on (13/10/2021) from $80.64 on (12/10/2021), representing a decrease of 0.25%, and the Brent Crude depreciated by $0.24 to $83.18 on (13/10/2021) from $83.42 on (12/10/2021), representing a decrease of 0.29%. Also,  the Bonny Light depreciated by $0.35 to $82.80 on (12/10/2021) from $82.80 on (12/10/2021) representing a decrease of 0.42%

 

 

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