Equity Market Shook off Previous Losses, Post Gain of 0.19%

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The Equity Market shook off previous losses to close higher on Monday, October 8,  gaining 0.19%. Today’s gain halted downtrend of four consecutive trading days. Market breadth closed positive, recording 16 gainers and 11 losers.

 

NSE Trading Flour

 

In summary, the All Share Index (ASI) was up by 61.81 absolute points, representing an increase of 0.19%, closing at 32,444.96 points. Similarly, the Market Capitalization increased by N22.56 billion, representing a growth of 0.19%, closing at N11.84 trillion.

UNITYBNK emerged the top gainer while JOHNHOLT emerged the top loser.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; HONEYFLOUR (+2.13%), FBNH (+1.69%), STANBIC (+1.06%), ZENITHBANK (+0.93%), GUARANTY (+0.41) and NB (+0.33%).

 

MARKET STATISTICS

CAP N11,844,914,235,478.44 One Day (ASI CHG) +0.19
Index 32,444.96 One Week (ASI CHG) -0.98
Volume 120,822,125 One Month (ASI CHG) -4.68
Value N1,337,704,320.71 Six Months (ASI CHG) -20.56
Deals 2,662 52 Weeks (ASI CHG) -11.91
Gainers 16 Losers 11
Unchanged 75 Total 102
YTD Returns -15.16

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed at N306.45, representing a 0.02% depreciation against Friday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.75, traded high at N365.00 and eventually closed at N363.61, representing a 0.22% depreciation against Friday’s closing price. A total of $62.54 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 10.58%, representing a 11.92% depreciation against Friday’s closing position, while Open Buy-Back (OBB) rate  closed  at 9.50% representing a 11.36% depreciation against Friday’s closing position.

 

Fixed Income
Securities P. Close Close Change
Bond 798.02 809.31 +11 bps
T.Bills 371.32 372.09 +1 bps
Note: BPS=> Basis Point

 

 

Sector Performance

Sector %    Change
NSE30 0.20
BANKING 0.42
CONGLOMERATE 0.42
CONSUMER GOODS 0.09
INDUSTRIAL 0.00
INSURANCE 0.77
LOTUS ISLAMIC -0.29
OIL/GAS 0.00

 

Top 7 Gainers

Company Pclose Open Close Change % Change
UNITYBNK 0.88 0.88 0.96 0.08 9.09
NEIMETH 0.59 0.59 0.64 0.05 8.47
MBENEFIT 0.26 0.26 0.28 0.02 7.69
CAVERTON 1.84 1.84 1.98 0.14 7.61
NEM 2.95 2.95 3.11 0.16 5.42
HONYFLOUR 1.41 1.41 1.44 0.03 2.13
UBN 5.00 5.00 5.10 0.10 2.00

 

Top 7 Losers

Company Pclose Open Close Change % Change
JOHNHOLT 0.53 0.53 0.48 -0.05 -9.43
GUINEAINS 0.32 0.32 0.29 -0.03 -9.38
AIICO 0.83 0.83 0.78 -0.05 -6.02
PRESCO 56.55 56.55 53.35 -3.20 -5.66
JAPAULOIL 0.24 0.24 0.23 -0.01 -4.17
HMARKINS 0.29 0.29 0.28 -0.01 -3.45
ETERNA 6.35 6.35 6.20 -0.15 -2.36

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
GUARANTY                        21,599,650.00                  788,567,156.15 36.55
FCMB                        21,371,127.00                    36,621,657.56 1.70
NEM                        11,168,600.00                    33,077,033.00 3.11
FIDELITYBK                          7,879,391.00                    14,315,022.55 1.82
ZENITHBANK                          5,777,270.00                  125,753,326.95 21.75
TRANSCORP                          5,135,823.00                      6,517,788.93 1.27
WAPIC                          4,992,126.00                      1,996,441.69 0.40

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                        21,599,650.00                  788,567,156.15 36.55
ZENITHBANK                          5,777,270.00                  125,753,326.95 21.75
NESTLE                               48,170.00                    67,680,476.30 1400.00
FBNH                          4,264,972.00                    38,115,441.85 9.05
FCMB                        21,371,127.00                    36,621,657.56 1.70
NEM                        11,168,600.00                    33,077,033.00 3.11
NB                             346,768.00                    31,184,172.00 90.00

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