Equity Market rebounds from yesterday’s huge loss, records 0.44 gain.
The Equity Market closed higher today gaining 0.44%, rebounding from yesterday’s huge loss. The gains where aided by the sterling performance of DANGCEM, NESTLE, FBNH and 16 others. Market breadth closed at par, recording 19 gainers and 19 losers.
NSE Trading Floor
In summary, the All Share Index (ASI) was up by 141.46 absolute points, representing an increase of 0.44%, closing at 33,545.06 points. Similarly, the Market Capitalization increased by N51.64 billion, representing a growth of 0.44%, closing at N11.88 trillion.
JAIZBANK emerged the top gainer while AGLEVENT emerged the top loser.
The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; TOTAL (+8.20%), DAIMONDBNK (+7.19%), NB (+4.99%), DANGFLOUR (+2.58%), FBNH (+2.17), NESTLE (+0.73%), DANGSUGAR (+0.34%), DANGCEM (+0.25%) and GUINNESS (+0.12%).
|CAP||N11,881,459,823,422.36||One Day (ASI CHG)||+0.44|
|Index||32,545.06||One Week (ASI CHG)||-0.37|
|Volume||349,455,219||One Month (ASI CHG)||-1.72|
|Value||N3,668,406,254.22||Six Months (ASI CHG)||-20.28|
|Deals||3,128||52 Weeks (ASI CHG)||-10.88|
The Naira at the inter-bank rate closed unchanged at N306.55, against yesterday’s closing price.
The Investors and Exporters (I&E) FX window opened at N363.78, traded high at N365.00 and eventually closed at N363.95, representing a 0.02% depreciation against yesterday’s closing price. A total of $339.16 million was transacted through the I&E window today.
Overnight (O/N) rate closed at 11.93%, representing a 5.29% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 11.50% representing a 5.17% depreciation against yesterday’s closing position.
|Note: BPS=> Basis Point|
TOP 7 GAINERS
TOP 7 LOSERS
TOP 7 TRADERS BY VALUE
TOP 7 TRADERS BY VOLUME