Insurance sector and others push NSEASI to 0.58% gain.

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The Nigeria stock market sustained its bullish run to four consecutive trading sessions. Today’s performance was impacted by gains in all sectors lead by Insurance and Industrial good sectors.  Market breadth closed at positive, recording 21 gainers and 13 losers.

NSE Trading Floor

The All Share Index (ASI) went up by 172.74 absolute points, representing an increase of 0.58%, closing at 30, 137.53 points. Similarly, Market Capitalization increased by N64.42 billion representing a growth of 0.58%, closing at N11.24 trillion.

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

The uptrend was impacted by gains recorded in medium and large capitalized stocks, amongst which are; OANDO (+5.81%), DANGSUGAR (+3.93%), STANBIC (+2.93%), ACCESS (+2.65%), FBNH (+1.35%), and ZENITHBANK (+0.69%).

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MARKET STATISTICS

CAP N11,238,555,895,847.27 One Day (ASI CHG) +0.58
Index 30,137.53 One Week (ASI CHG) +0.34
Volume 300,033,703 One Month (ASI CHG) -1.75
Value N3,247,612,447.31 Six Months (ASI CHG) -19.40
Deals 3,760 52 Weeks (ASI CHG) -30.11
Gainers 21 Losers 13
Unchanged 64 Total 98
  YTD Returns -4.11  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate remained unchanged at N306.85 against  Monday’s closing price.

The Investors and Exporters (I&E) FX window opened at N364.20, traded high at N365.60 and eventually closed at N363.61, representing a 0.19% appreciation against yesterday’s closing price. A total of $148.67 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 24.17%, representing a 11.08% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 21.67% representing a 10.00% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 837.76 844.60 +6.84 bps
T.Bills 533.58 536.05 +2.47 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 0.37
BANKING 0.34
CONSUMER GOODS 0.22
INDUSTRIAL 3.11
INSURANCE 3.50
LOTUS ISLAMIC 1.09
OIL/GAS 0.28

Top 7 Gainers

Company Pclose Open Close Change % Change
CCNN 20.00 20.00 22.00 2.00 10.00
IKEJAHOTEL 1.39 1.39 1.52 0.13 9.35
ROYALEX 0.22 0.22 0.24 0.02 9.09
CILEASING 8.29 8.29 9.04 0.75 9.05
NEM 1.73 1.73 1.88 0.15 8.67
MANSARD 1.80 1.80 1.95 0.15 8.33
UCAP 2.98 2.98 3.22 0.24 8.05

Top 7 Losers

Company Pclose Open Close Change % Change
AIRSERVICE 7.90 7.90 7.15 -0.75 -9.49
VERITASKAP 0.22 0.22 0.20 -0.02 -9.09
NEIMETH 0.70 0.70 0.64 -0.06 -8.57
FIRSTALUM 0.36 0.36 0.33 -0.03 -8.33
ABCTRANS 0.29 0.29 0.27 -0.02 -6.90
UPL 2.00 2.00 1.90 -0.10 -5.00
UNIONDAC 0.26 0.26 0.25 -0.01 -3.85

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
DIAMONDBNK                      100,673,834.00                  209,014,011.79 2.08
GUARANTY                        39,406,602.00               1,318,898,123.90 33.50
UBA                        26,153,610.00                  191,326,861.90 7.30
FBNH                        23,361,699.00                  171,864,522.90 7.50
ZENITHBANK                        21,131,980.00                  462,994,422.45 21.95
ACCESS                        11,052,397.00                    64,118,106.90 5.80
ETI                          9,366,132.00                  126,443,651.95 13.50

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                        39,406,602.00               1,318,898,123.90 33.50
ZENITHBANK                        21,131,980.00                  462,994,422.45 21.95
DIAMONDBNK                      100,673,834.00                  209,014,011.79 2.08
UBA                        26,153,610.00                  191,326,861.90 7.30
FBNH                        23,361,699.00                  171,864,522.90 7.50
ETI                          9,366,132.00                  126,443,651.95 13.50
GUINNESS                          1,697,218.00                  110,042,118.05 64.75

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