Equity market gain 0.89% as bull regain strength

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The Nigeria Local Market today (Monday) closed transactions on a positive note to halt weekend bearish sentiment, as NSE-ASI Index and Market Capitalization grew by 0.89%. The upturn can be attributed to investors’ buying interest in the market major sectors, except banking sector that declined marginally by 0.01%. Consequently, the market breadth closed largely positive, recording 26 gainers against 8 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) grew by 340.48 absolute points, representing an increase of 0.89% to close at 38,722.87 points. While the overall Market Capitalization value gained N177.99 billion, representing a rise of 0.89% to close at N20.26 trillion.

STANBIC and JBERGER emerged as the joint-top gainer (by percentage points) for today, with a maximum price appreciation of +10.00%, while CHAMPION emerged as the top loser with a maximum price depreciation of -8.20%.

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; UACN(+6.42%), INTBREW(+5.88%), ETI(+5.15%),  BUACEMENT(+5.08%),  VITAFOAM(+3.85%), FCMB(+3.85%), ARDOVA(+3.70%), UCAP(+1.96%), UBA(+1.47%), ACCESS(+1.24%), TRANSCORP(+1.22%), MANSARD(+1.02%) and STERLNBANK(+0.67%).

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MARKET STATISTICS

 

CAP N20,259,994,451,966.64 One Day (ASI CHG) +0.89%
Index 38,722.87 One Week (ASI CHG) +0.42%
Volume 277,235,456 One Month (ASI CHG) -3.64%
Value N3,053,339,115.70 Six Months (ASI CHG) +51.41%
Deals 4,299 52 Weeks (ASI CHG) +74.44%
Gainers 26 Losers 8
Unchanged 70 Total 104
YTD Returns -3.84%

Source: NSE, GTI Research 

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira at the official rate remains unchanged to close at N379.00/$1 as against last Thursday’s position.

The Investors and Exporters (I&E) FX window opened at N410.17 traded high at N412.00 and eventually closed at N410.13representing 0.03% depreciation against Friday’s position. Also, a total of $46.43 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 14.75%, representing a 10.75% depreciation against Friday’s position, while Open Buy-Back (OBB) rate closed at 14.50%,  representing a 10.50% depreciation as against Friday’s position.

Sector Performance

Security Change Percent
NSE30 1.18
NSEBNK -0.01
NSECNSMRGDS 0.29
NSEINDUSTR 2.12
NSEINS 0.44
NSELOTUSISLM 0.85
NSEOILGAS 0.14

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
STANBIC 40.00 40.00 44.00 4.00 10.00
JBERGER 17.00 17.00 18.70 1.70 10.00
UACN 7.50 7.50 8.00 0.50 6.67
JOHNHOLT 0.46 0.46 0.49 0.03 6.52
INTBREW 5.10 5.10 5.40 0.30 5.88
ETI 4.85 4.85 5.10 0.25 5.15
MBENEFIT 0.39 0.39 0.41 0.02 5.13

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
CHAMPION 2.44 2.44 2.24 -0.20 -8.20
JAIZBANK 0.67 0.67 0.64 -0.03 -4.48
JAPAULGOLD 0.49 0.49 0.47 -0.02 -4.08
CHIPLC 0.31 0.31 0.30 -0.01 -3.23
LEARNAFRCA 1.10 1.10 1.07 -0.03 -2.73
ETERNA 5.58 5.58 5.45 -0.13 -2.33
FBNH 7.30 7.30 7.25 -0.05 -0.68

Top 7 Traders By Volume

Security  Daily Volume   Daily Value  Close Price
UBN    79,894,696.00        423,434,902.85 5.30
GUARANTY    36,128,864.00    1,123,593,247.00 31.00
FBNH    33,296,928.00        242,464,250.25 7.25
ZENITHBANK    25,002,755.00        562,472,378.20 22.50
TRANSCORP    24,056,857.00          19,469,404.86 0.83
MANSARD      8,734,053.00            8,638,034.04 0.99
UBA      7,512,860.00          52,135,667.80 6.90

Top 7 Traders By Value

Security  Daily Volume   Daily Value  Close Price
GUARANTY    36,128,864.00    1,123,593,247.00 31.00
ZENITHBANK    25,002,755.00        562,472,378.20 22.50
UBN    79,894,696.00        423,434,902.85 5.30
DANGCEM      1,315,263.00        289,478,334.00 220.00
FBNH    33,296,928.00        242,464,250.25 7.25
UBA      7,512,860.00          52,135,667.80 6.90
DANGSUGAR      1,473,348.00          24,934,664.55 16.95

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