Equity Market sustains yesterday’s positive sentiment, Posts 0.54% gain.

203 Views

The Equity Market closed higher today, gaining 0.54% sustaining yesterday’s positive sentiment. Market breadth closed negative, recording 18 gainers and 19 losers.

 

NSE Trading Floor

 

In summary, the All Share Index (ASI) was up by 177.06 absolute points, representing an increase of 0.54%, closing at 32,841.69 points. Similarly, the Market Capitalization increased by N64.64 billion, representing a growth of 0.54%, closing at N11.99 trillion.

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

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; ACCESS (+6.41%), OANDO (+1.96%), DANGCEM (+1.94%), ZENITHBANK (+1.55%), UBA (+1.24), FIDELITYBK (+1.07%), UNILEVER (+0.92) and GUINNESS (+0.63%).

 

MARKET STATISTICS

CAP N11,989,752,856,961.66 One Day (ASI CHG) +0.54
Index 32,841.69 One Week (ASI CHG) +1.19
Volume 212,649,910 One Month (ASI CHG) +1.44
Value N3,760,072,418.03 Six Months (ASI CHG) -19.65
Deals 2,385 52 Weeks (ASI CHG) -10.24
Gainers 18 Losers 19
Unchanged 63 Total 100
YTD Returns -14.12

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 N364.03, traded high at N365.30 and eventually closed at N364.02, representing a 0.09% appreciation against yesterday’s closing price. A total of $70.74 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 13.33%, representing a 1.25% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate  closed  at 12.67% representing a 0.67% depreciation against yesterday’s closing position.

Fixed Income
Securities P. Close Close Change
Bond 813.53 818.57 +5 bps
T.Bills 395.50 378.93 -17 bps
Note: BPS=> Basis Point

Source: FMDQ, GTI Research

 

 

Sector Performance

Sector %    Change
NSE30 0.39
BANKING 0.98
CONSUMER GOODS -0.78
INDUSTRIAL 1.04
INSURANCE -0.15
LOTUS ISLAMIC -0.03
OIL/GAS -0.24

 

Top 7 Gainers

Company Pclose Open Close Change % Change
VITAFOAM 3.15 3.15 3.46 0.31 9.84
INITSPLC 0.56 0.56 0.61 0.05 8.93
PRESTIGE 0.52 0.52 0.56 0.04 7.69
LINKASSURE 0.62 0.62 0.66 0.04 6.45
ACCESS 7.80 7.80 8.30 0.50 6.41
ETERNA 6.00 6.00 6.20 0.20 3.33
MAYBAKER 2.30 2.30 2.35 0.05 2.17

 

Top 7 Losers

Company Pclose Open Close Change % Change
FO 22.20 22.20 20.15 -2.05 -9.23
JOHNHOLT 0.44 0.44 0.40 -0.04 -9.09
SUNUASSUR 0.22 0.22 0.20 -0.02 -9.09
TRANSEXPR 0.78 0.78 0.71 -0.07 -8.97
SOVRENINS 0.23 0.23 0.21 -0.02 -8.70
NEIMETH 0.64 0.64 0.60 -0.04 -6.25
GLAXOSMITH 13.50 13.50 12.70 -0.80 -5.93

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
HMARKINS                        91,217,435.00                    25,540,899.04 0.28
FIDELITYBK                        14,533,143.00                    27,338,525.62 1.89
ACCESS                        10,486,456.00                    84,133,838.20 8.30
FCMB                          9,251,849.00                    14,466,841.16 1.55
ZENITHBANK                          8,545,234.00                  194,121,634.20 22.90
FBNH                          8,228,865.00                    74,877,084.80 9.10
HONYFLOUR                          8,221,936.00                    10,259,328.36 1.24

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                          6,378,354.00                  234,668,286.85 36.80
ZENITHBANK                          8,545,234.00                  194,121,634.20 22.90
UNILEVER                          4,170,793.00                  181,470,749.00 43.90
NESTLE                             109,511.00                  150,019,296.20 1370.00
NB                          1,097,022.00                    97,021,359.00 88.50
DANGCEM                             425,819.00                    88,893,232.00 210.00
ACCESS                        10,486,456.00                    84,133,838.20 8.30

 

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *