Equity Market reverses yesterday’s negative sentiment. Post 0.33% gain.

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The Equity Market closed higher today, gaining 0.33% to reverse yesterday’s negative position. Market breadth closed negative, recording 14 gainers and 23 losers.

 

NSE Trading Floor

 

In summary, the All Share Index (ASI) was up by 105.85 absolute points, representing an increase of 0.33%, closing at 32,154.03 points. Similarly, the Market Capitalization increased by N38.64 billion, representing a growth of 0.33%, closing at N11.74 trillion.

CCNN emerged the top gainer while FIDSON emerged the top loser.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; CCNN (+9.81%), DANGSUGAR (+4.26%), UBA (+4.00%), NESTLE (+3.62%), DANGFLOUR (+3.45%), FBNH (+1.36%), NB (+1.25%), ZENITHBANK (+0.63%) and STANBIC (+0.53%).

 

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

CAP N11,738,703,555,332.80 One Day (ASI CHG) +0.33
Index 32,154.03 One Week (ASI CHG) -3.06
Volume 149,653,300 One Month (ASI CHG) -0.71
Value N2,793,474,772.47 Six Months (ASI CHG) -21.99
Deals 3,063 52 Weeks (ASI CHG) -12.93
Gainers 14 Losers 23
Unchanged 67 Total 104
YTD Returns -15.92

Source: NSE, GTI Research

 

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed unchanged at N306.65, against yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.44, traded high at N364.50 and eventually closed at N363.54, representing a 0.03% appreciation against yesterday’s closing price. A total of $97.13 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 5.42%, representing a 1.83% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate  closed  at 4.83% representing a 1.75% appreciation against yesterday’s closing position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 833.22 839.74 +7 bps
T.Bills 381.13 385.57 +4 bps
Note: BPS=> Basis Point

Source: FMDQ, GTI Research

 

SECTOR PERFORMANCE

Sector % Change
NSE30 0.41
BANKING -0.53
CONSUMER GOODS 1.82
INDUSTRIAL 0.36
INSURANCE -1.11
LOTUS ISLAMIC 1.28
OIL/GAS -0.13

 

TOP 7 GAINERS

Company Pclose Open Close Change % Change
CCNN 18.35 18.35 20.15 1.8 9.81
NAHCO 3.4 3.4 3.58 0.18 5.29
DANGSUGAR 12.9 12.9 13.45 0.55 4.26
UBA 7.5 7.5 7.8 0.3 4.00
NESTLE 1380 1380 1430 50 3.62
DANGFLOUR 5.8 5.8 6 0.2 3.45
CAVERTON 1.8 1.8 1.85 0.05 2.78

TOP 7 LOSERS

Company Pclose Open Close Change % Change
FIDSON 5 5 4.5 -0.5 -10.00
MBENEFIT 0.3 0.3 0.27 -0.03 -10.00
UAC-PROP 1.77 1.77 1.6 -0.17 -9.60
NIGERINS 0.22 0.22 0.2 -0.02 -9.09
LIVESTOCK 0.57 0.57 0.52 -0.05 -8.77
UNITYBNK 0.71 0.71 0.65 -0.06 -8.45
FLOURMILL 18.5 18.5 17 -1.5 -8.11

 

TOP 7 TRADERS BY VOLUME

Company Volume Value(₦) Current Price
FIDELITYBK                       22,032,862.00                   42,225,384.67 1.91
REGALINS                       19,400,035.00                     3,971,517.00 0.2
GUARANTY                       11,783,274.00                 447,070,287.95 37.3
FBNH                       10,919,131.00                   81,504,947.10 7.45
ZENITHBANK                       10,125,490.00                 241,268,015.60 23.85
UNILEVER                         7,519,327.00                 296,930,476.45 39.5
FCMB                         7,210,263.00                   11,565,395.46 1.6

 

TOP 7 TRADERS BY VALUE

Company Volume Value(₦) Current Price
NESTLE                            507,408.00                 723,833,112.70 1430
GUARANTY                       11,783,274.00                 447,070,287.95 37.3
SEPLAT                            532,450.00                 344,267,384.40 640
UNILEVER                         7,519,327.00                 296,930,476.45 39.5
ZENITHBANK                       10,125,490.00                 241,268,015.60 23.85
NB                         1,866,135.00                 150,926,792.30 81
STANBIC                         2,620,234.00                 123,142,834.30 47

 

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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