Equity Market rebounds from yesterday’s loss, records 0.70% gain.

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The Equity Market closed higher today, gaining 0.70% to reverse yesterday’s negative sentiment. Market breadth closed negative, recording 13 gainers and 22 losers.

 

NSE Trading Floor

 

In summary, the All Share Index (ASI) was up by 227.28 absolute points, representing an increase of 0.70%, closing at 32,664.63 points. Similarly, the Market Capitalization increased by N82.98 billion, representing a growth of 0.70%, closing at N11.93 trillion.

LAWUNION emerged the top gainer while VITAFOAM emerged the top loser.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; FIDELITYBK (+3.31%), DANGCEM (+3.00%), FBNH (+1.65%), HONYFLOUR (+1.61%), DANGFLOUR (+0.63), NB (+0.45%) and ZENITHBANK (+0.45%).

 

MARKET STATISTICS

CAP N11,925,112,667,141.11 One Day (ASI CHG) +0.70
Index 32,664.63 One Week (ASI CHG) +0.76
Volume 173,625,961 One Month (ASI CHG) +0.88
Value N3,760,072,418.03 Six Months (ASI CHG) -19.89
Deals 2,565 52 Weeks (ASI CHG) -10.86
Gainers 13 Losers 22
Unchanged 69 Total 105
YTD Returns -14.59

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed unchanged at N306.50, against yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N364.00, traded high at N365.50 and eventually closed at N363.33, representing a 0.10% depreciation against yesterday’s closing price. A total of $317.11 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 14.58%, representing a 10.20% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate  closed  at 13.33% representing a 9.33% depreciation against yesterday’s closing position.

Fixed Income
Securities P. Close Close Change
Bond 813.73 813.53 -1 bps
T.Bills 390.34 395.50 +5 bps
Note: BPS=> Basis Point

Source: FMDQ, GTI Research

 

Sector Performance

Sector %    Change
NSE30 0.45
BANKING -0.60
CONSUMER GOODS -0.14
INDUSTRIAL 1.74
INSURANCE -0.32
LOTUS ISLAMIC 0.68
OIL/GAS -0.05

 

Top 7 Gainers

Company Pclose Open Close Change % Change
LAWUNION 0.47 0.47 0.50 0.03 6.38
PRESTIGE 0.49 0.49 0.52 0.03 6.12
HMARKINS 0.28 0.28 0.29 0.01 3.57
LASACO 0.30 0.30 0.31 0.01 3.33
FIDELITYBK 1.81 1.81 1.87 0.06 3.31
DANGCEM 200.00 200.00 206.00 6.00 3.00
FBNH 9.10 9.10 9.25 0.15 1.65

 

Top 7 Losers

Company Pclose Open Close Change % Change
VITAFOAM 3.50 3.50 3.15 -0.35 -10.00
CILEASING 3.00 3.00 2.71 -0.29 -9.67
UAC-PROP 1.80 1.80 1.63 -0.17 -9.44
NASCON 19.90 19.90 18.50 -1.40 -7.04
WAPIC 0.43 0.43 0.40 -0.03 -6.98
UNIONDAC 0.30 0.30 0.28 -0.02 -6.67
NPFMCRFBK 1.64 1.64 1.55 -0.09 -5.49

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
GUARANTY                        54,811,242.00               2,017,989,265.20 36.80
ZENITHBANK                        37,169,688.00                  842,998,778.10 22.55
FBNH                        10,993,387.00                  100,025,682.80 9.25
UBA                        10,842,656.00                    87,802,373.80 8.05
ETI                        10,646,837.00                  181,099,433.25 17.00
HONYFLOUR                          7,495,786.00                      9,777,976.62 1.26
FIDELITYBK                          6,306,499.00                    11,533,545.36 1.87

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                        54,811,242.00               2,017,989,265.20 36.80
ZENITHBANK                        37,169,688.00                  842,998,778.10 22.55
ETI                        10,646,837.00                  181,099,433.25 17.00
NB                          1,734,485.00                  154,350,270.30 88.60
DANGCEM                             598,618.00                  126,866,199.00 206.00
FBNH                        10,993,387.00                  100,025,682.80 9.25
UBA                        10,842,656.00                    87,802,373.80 8.05

 

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