Equity market extends yesterdays positive momentum.

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The Nigerian bourse  today closed higher gaining 0.46%  to extended yesterdays positive momentum. The uptrend was driven by the Banking sector. Market breadth closed positive, recording 21 gainers and 10 losers.

NSE Trading Floor

The All Share Index (ASI) was up by 141.68 absolute points, representing an increase of 0.46%, closing at 30,878.56 points. Similarly, Market Capitalization grew by N52.83 billion representing an increase of 0.46%, closing at N11.51 trillion.

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

The uptrend was impacted by gains recorded in medium and large capitalized stocks, amongst which are; FCMB (+4.35%), GUARANTY (+2.80%), WAPIC (+2.50%), TRANSCORP (+2.40%), FBNH (+1.37%), ETERNA (+1.15%), STANBIC (+1.06%) ZENITHBANK (+0.92%), ACCESS (+0.89%) and DIAMOND (+0.48%).

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MARKET STATISTICS

CAP N11,514,894,287,287.43 One Day (ASI CHG) +0.46
Index 30,878.56 One Week (ASI CHG) +1.37
Volume 376,261,350 One Month (ASI CHG) +0.34
Value N2,967,551,852.22 Six Months (ASI CHG) -15.89
Deals 3,405 52 Weeks (ASI CHG) -30.44
Gainers 21 Losers 10
Unchanged 71 Total 102
  YTD Returns -1.76  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

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

The Investors and Exporters (I&E) FX window opened at N362.44, traded high at N364.00 and eventually closed at N362.58, representing a 0.04% depreciation against yesterday’s closing price. A total of $334.34 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 15.67%, representing a 3.42% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 15.00% representing a 2.50% appreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 848.42 834.37 -14.05 bps
T.Bills 501.91 492.06 -9.85 bps
Note: BPS=> Basis Points

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Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 0.61
BANKING 1.64
CONSUMER GOODS -0.01
INDUSTRIAL -0.04
INSURANCE -0.24
LOTUS ISLAMIC 0.04
OIL/GAS -0.14

Top 7 Gainers

Company Pclose Open Close Change % Change
FIRSTALUM 0.31 0.31 0.34 0.03 9.68
FIDELITYBK 2.09 2.09 2.29 0.20 9.57
UNIONDAC 0.26 0.26 0.28 0.02 7.69
MBENEFIT 0.20 0.20 0.21 0.01 5.00
STERLNBANK 2.04 2.04 2.14 0.10 4.90
FCMB 1.84 1.84 1.92 0.08 4.35
JAIZBANK 0.53 0.53 0.55 0.02 3.77

Top 7 Losers

Company Pclose Open Close Change % Change
RESORTSAL 0.24 0.24 0.22 -0.02 -8.33
SOVRENINS 0.22 0.22 0.21 -0.01 -4.55
UACN 8.90 8.90 8.50 -0.40 -4.49
NEM 2.50 2.50 2.39 -0.11 -4.40
MAYBAKER 2.45 2.45 2.39 -0.06 -2.45
LEARNAFRCA 1.24 1.24 1.21 -0.03 -2.42
FO 30.00 30.00 29.50 -0.50 -1.67

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ACCESS                      155,837,013.00                  875,206,377.35 5.65
UBA                        62,115,962.00                  450,812,009.60 7.25
FCMB                        32,555,901.00                    63,260,846.75 1.92
ZENITHBANK                        31,004,680.00                  678,833,405.85 22.00
FIDELITYBK                        26,168,917.00                    58,600,659.76 2.29
TRANSCORP                        11,638,573.00                    14,888,576.16 1.28
GUARANTY                        11,452,935.00                  372,751,066.35 33.00

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ACCESS                      155,837,013.00                  875,206,377.35 5.65
ZENITHBANK                        31,004,680.00                  678,833,405.85 22.00
UBA                        62,115,962.00                  450,812,009.60 7.25
GUARANTY                        11,452,935.00                  372,751,066.35 33.00
STANBIC                          3,404,457.00                  161,701,365.20 47.50
FCMB                        32,555,901.00                    63,260,846.75 1.92
FIDELITYBK                        26,168,917.00                    58,600,659.76 2.29

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