Financial Market Summary – Monday, 23rd July, 2018

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Dangote Cement, 19 Other Stocks Spurs Market Uptrend, Post 0.30% Gains.

The equity market closed higher at the end of trade today, as it gained 0.30%, aided by the performance of Dangote Cement, Zenith Bank and 18 other stocks. Market breadth closed positive, recording 20 gainers against 18 losers.

In summary, the All Share Index (ASI) increased by 108.52 absolute points, representing a growth of 0.30%, closing at 36,711.96 points. Similarly, the market capitalization rose by N39.31 billion, representing a growth of 0.30% closing at N13.30 trillion.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; WEMABANK (+5.80%), TRANSCORP (+3.23%), JAPAULOIL (+3.23%), NASCON (+2.72%), GUARANTY (+2.11%), FCMB (+2.04%), FBNH (+1.10%), FIDELITY (+1.06%), NB (+1.47%) and ZENITH (+0.22%).

Sector Performance

Sector %    Change
NSE30 0.32
BANKING 0.63
CONSUMER GOODS 0.10
INDUSTRIAL 0.37
INSURANCE 0.33
LOTUS ISLAMIC 0.24
OIL/GAS -1.66

Top 7 Gainers                                                                                    Number of Gainers (20)

Company Pclose Open Close Change % Change
CUTIX 3.00 3.00 3.30 0.30 10.00
CONTINSURE 1.50 1.50 1.59 0.09 6.00
WEMABANK 0.69 0.69 0.73 0.04 5.80
TRANSCORP 1.17 1.17 1.22 0.05 4.27
JAPAULOIL 0.31 0.31 0.32 0.01 3.23
LASACO 0.33 0.33 0.34 0.01 3.03
NASCON 20.25 20.25 20.80 0.55 2.72

Top 7 Losers.                                                                                      Number of Losers (18)

Company Pclose Open Close Change % Change
ABBEYBDS 1.30 1.30 1.17 -0.13 -10.00
UPL 2.55 2.55 2.30 -0.25 -9.80
FO 27.90 27.90 25.20 -2.70 -9.68
UAC-PROP 1.91 1.91 1.73 -0.18 -9.42
AIICO 0.67 0.67 0.61 -0.06 -8.96
CHAMPION 2.05 2.05 1.90 -0.15 -7.32
OANDO 5.55 5.55 5.15 -0.40 -7.21

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
MEDVIEWAIR                     100,000,001.00                 214,000,002.10 2.14
TRANSCORP                       16,146,104.00                   19,557,366.21 1.22
ZENITHBANK                       11,293,315.00                 260,272,447.50 23.05
GUARANTY                         8,194,019.00                 315,546,051.50 38.80
ACCESS                         6,748,307.00                   67,513,802.95 10.00
FBNH                         6,157,737.00                   56,138,657.65 9.15
FIDELITYBK                         5,813,117.00                   11,117,226.87 1.90

Top 7 Traders By Value

Company Volume Value(₦) Current Price
DANGCEM                         2,391,998.00                 564,050,972.70 236.00
GUARANTY                         8,194,019.00                 315,546,051.50 38.80
ZENITHBANK                       11,293,315.00                 260,272,447.50 23.05
NB                         2,375,476.00                 256,314,872.20 108.00
MEDVIEWAIR                     100,000,001.00                 214,000,002.10 2.14
NESTLE                              74,405.00                 106,919,184.00 1430.00
ACCESS                         6,748,307.00                   67,513,802.95 10.00

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