Equity Market sustains uptrend to 4 consecutive days, records 0.69% gain

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The Equity Market closed higher today, gaining 0.69% to extend gaining streak to four consecutive trading days. Market breadth closed negative, recording 14 gainers and 19 losers.

 

NSE Trading Floor

 

In summary, the All Share Index (ASI) was up by 228.63 absolute points, representing an increase of 0.69%, closing at 33,191.45 points. Similarly, the Market Capitalization increased by N83.47 billion, representing a growth of 0.69%, closing at N12.12 trillion.

TRANSCORP emerged the top gainer while FIRSTALUM emerged the top loser.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; TRANSCORP (+9.60%), HONYFLOUR (+4.35%), FBNH (+4.32%), DANGFLOUR (+2.67%), NESTLE (+2.19), DANGCEM (+2.14%), FIDELITYBK (+2.09), and OANDO (+0.93%).

 

MARKET STATISTICS

CAP N12,117,440,423,543.39 One Day (ASI CHG) +0.69
Index 33,191.45 One Week (ASI CHG) +1.43
Volume 185,192,724 One Month (ASI CHG) +2.00
Value N2,350,455,849.06 Six Months (ASI CHG) -18.58
Deals 3,180 52 Weeks (ASI CHG) -9.14
Gainers 14 Losers 19
Unchanged 65 Total 98
YTD Returns -13.21

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

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 N363.96, traded high at N365.00 and eventually closed at N363.94, representing a 0.04% appreciation against yesterday’s closing price. A total of $244.96 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 15.79%, representing a 6.50% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate  closed  at 15.00% representing a 5.00% depreciation against yesterday’s closing position.

Fixed Income
Securities P. Close Close Change
Bond 814.58 815.57 +1 bps
T.Bills 376.27 379.92 +4 bps
Note: BPS=> Basis Point

Source: FMDQ, GTI Research

 

 

 

Sector Performance

Sector %    Change
NSE30 0.66
BANKING -0.60
CONSUMER GOODS 0.26
INDUSTRIAL 0.94
INSURANCE -0.71
LOTUS ISLAMIC 0.63
OIL/GAS 0.13

 

Top 7 Gainers

Company Pclose Open Close Change % Change
TRANSCORP 1.25 1.25 1.37 0.12 9.60
HONYFLOUR 1.15 1.15 1.20 0.05 4.35
FBNH 9.25 9.25 9.65 0.40 4.32
WEMABANK 0.60 0.60 0.62 0.02 3.33
DIAMONDBNK 1.23 1.23 1.27 0.04 3.25
DANGFLOUR 7.50 7.50 7.70 0.20 2.67
FCMB 1.55 1.55 1.59 0.04 2.58

 

Top 7 Losers

Company Pclose Open Close Change % Change
FIRSTALUM 0.33 0.33 0.30 -0.03 -9.09
PZ 12.40 12.40 11.45 -0.95 -7.66
MCNICHOLS 0.54 0.54 0.50 -0.04 -7.41
NIGERINS 0.28 0.28 0.26 -0.02 -7.14
ETI 16.85 16.85 16.00 -0.85 -5.04
JAPAULOIL 0.21 0.21 0.20 -0.01 -4.76
NEM 3.00 3.00 2.88 -0.12 -4.00

 

Top  7 Traders By Volume

Company Volume Value(₦) Current Price
FCMB                        27,551,803.00                    42,804,322.75 1.59
TRANSCORP                        24,871,910.00                    31,947,081.51 1.37
GUARANTY                        15,179,388.00                  553,938,347.55 36.40
ACCESS                        14,786,104.00                  118,751,622.90 7.95
UBA                        14,422,561.00                  115,603,235.00 8.00
ZENITHBANK                        13,278,598.00                  318,752,077.25 24.00
FIDELITYBK                        11,792,677.00                    22,872,663.12 1.95

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                        15,179,388.00                  553,938,347.55 36.40
ZENITHBANK                        13,278,598.00                  318,752,077.25 24.00
NESTLE                             218,258.00                  299,753,989.60 1400.00
NB                          3,192,976.00                  279,753,015.10 87.70
STANBIC                          3,156,333.00                  145,242,108.00 46.00
ACCESS                        14,786,104.00                  118,751,622.90 7.95
UBA                        14,422,561.00                  115,603,235.00 8.00

 

 

 

 

 

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