Investors’ Appetite in Financial and Oil & Gas Sector Sustains Equity Market Positive Sentiment

by · April 8, 2021

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The Nigerian Equity Market closed trading activities today (Thursday) on a  positive note, extending the previous trading gain as the NSE All-Share Index and Market Capitalization rose by 0.07%, on the back of investors buy-in sentiment on the Financial and Oil & Gas sector. Consequently, the market breadth closed positively, recording 13 gainers against 12 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) grew by 25.80 absolute points, representing an increase of 0.07% to close at 38,799.83 points. While the overall Market Capitalization value gained N13.50 billion, representing a growth of 0.07% to close at N20.30 trillion.

CHIPLC emerged as the top gainer (by percentage points) for today, with a price appreciation of +9.68%, while ROYALEX emerged as the top gainer (by percentage points) with a maximum price depreciation of -7.69%.

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; CHIPLC(+9.68%), JAPAULGOLD(+9.43%), OANDO(+5.16%), AIICO(+5.00%), ZENITHBANK(+3.81%), OKOMUOIL(+3.33%), GUARANTY(+2.68%),  LIVESTOCK(+2.27%), ACCESS(+1.90%),   STERLNBANK(+1.31%), TRANSCORP(+1.27%), and UBA(+0.72).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

 

CAP N20,300,284,175,782.21 One Day (ASI CHG) +0.07%
Index 38,799.83 One Week (ASI CHG) -0.30%
Volume 145,331,844 One Month (ASI CHG) -1.51%
Value N1,575,623,116.03 Six Months (ASI CHG) +35.92%
Deals 3,525 52 Weeks (ASI CHG) +84.12%
Gainers 13 Losers 12
Unchanged 76 Total 101
YTD Returns -3.65%

Source: NSE, GTI Research 

 

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira at the official rate remains unchanged to close at N379.00/$1 as against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N410.50 traded high at N438.00 and eventually closed at N409.65, representing 0.33% appreciation against yesterday’s position. Also, a total of $11.85 million was transacted through the I&E window today.

MONEY MARKET

Overnight (O/N) rate closed at 15.00%, representing a 1.50% appreciation against yesterday’s position, while Open Buy-Back (OBB) rate closed at 14.50%,  representing a 1.83% appreciation as against yesterday’s position.

 

Sector Performance

Security % Change 
NSE30 0.39
NSEBNK 2.19
NSECNSMRGDS -0.20
NSEINDUSTR 0.00
NSEINS 0.60
NSELOTUSISLM 0.06
NSEOILGAS 0.40

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
CHIPLC 0.31 0.31 0.34 0.03 9.68
JAPAULGOLD 0.53 0.53 0.58 0.05 9.43
OANDO 3.1 3.1 3.26 0.16 5.16
AIICO 1.2 1.2 1.26 0.06 5.00
ZENITHBANK 21 21 21.8 0.8 3.81
OKOMUOIL 90 90 93 3 3.33
GUARANTY 28 28 28.75 0.75 2.68

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
ROYALEX 0.39 0.39 0.36 -0.03 -7.69
JAIZBANK 0.66 0.66 0.62 -0.04 -6.06
HONYFLOUR 1.19 1.19 1.13 -0.06 -5.04
DAARCOMM 0.21 0.21 0.2 -0.01 -4.76
LINKASSURE 0.84 0.84 0.8 -0.04 -4.76
COURTVILLE 0.23 0.23 0.22 -0.01 -4.35
INTBREW 5.7 5.7 5.55 -0.15 -2.63

Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
FBNH          21,851,331    157,179,233.85 7.25
GUARANTY          20,500,310    589,173,071.90 28.75
ZENITHBANK          17,584,133    379,878,208.55 21.80
ACCESS            8,596,059      68,887,206.60 8.05
JAPAULGOLD            7,580,118         4,339,371.64 0.58
TRANSCORP            7,119,999         5,637,642.25 0.80
FIDELITYBK            6,947,830      17,300,647.48 2.46

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
GUARANTY          20,500,310    589,173,071.90 28.75
ZENITHBANK          17,584,133    379,878,208.55 21.80
FBNH          21,851,331    157,179,233.85 7.25
OKOMUOIL                782,046      69,944,956.00 93.00
ACCESS            8,596,059      68,887,206.60 8.05
UBA            6,091,932      42,600,609.30 7.00
DANGCEM                163,704      35,440,264.40 215.00

 

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