Investors Buy-Interest In All Major Sectors Extend Bullish Sentiment

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NGX

The Nigerian equity market closed trading activities for today (Wednesday) on a bullish note to extend the positive sentiment of the previous day’s trading. The market positive performance could be attributed to investors’ increased buy-interest in all major sectors, as NGX-ASI surged by 0.38%. Furthermore, the market breadth closed positively, recording 29 gainers and 14 losers

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) grew by 154.23 absolute points, representing a rise of 0.38%, to close at 41,051.19 points. Similarly, the overall Market Capitalization value increased by N80.36 billion, representing an increase of 0.38% to close at N21.39 trillion.

TRANSCOHOT emerged as the top gainer (by percentage points) with a price appreciation of +9.94%, while FTNCOCOA emerged as the top loser (by percentage points) for today, with a price depreciation of -8.00%.

Today’s market positive performance was driven by price appreciation in large and medium capitalized stocks which are; TRANSCOHOT (+9.94%) , CHAMPION (+9.88%), CHIPLC (+9.09%), OKOMUOIL (+8.23%), JAPAULGOLD (+6.67%), UPL (+6.67), ROYALEX (+6.56%), STERLNBANK (+4.79%), VERITASKAP (+4.55%), CADBURY (+4.29%), LASACO (+3.33%), UBA (+3.11%), FBNH (+2.82%), FIDELITYBK (+2.66%), OANDO (+2.59%)  WAPCO (+2.49%). ACCESS (+2.08), JAIZBANK (+1.69), UCAP (+1.67), DANGSUGAR (+1.44), AIICO (+1.09),GTCO(+1.06) and ZENITHBANK (+1.02)

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MARKET STATISTICS

CAP  N21,391,180,932,904.71 One Day (ASI CHG) +0.38%
Index 41,051.19 One Week (ASI CHG) +0.70%
Volume 446,172,254 One Month (ASI CHG) +5.49%
Value N4,466,021,221.32 Six Months (ASI CHG) +6.35%
Deals 4,704.00 52 Weeks (ASI CHG) +44.83%
Gainers 29 Losers 14
Unchanged 58 Total 101
YTD Returns +1.94%

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI 0.38
NGX30 0.46
NGXBNK 1.40
NGXCNSMRGDS 0.35
NGXINDUSTR 0.15
NGXINS 0.42
NGXLOTUSISLM 0.29
NGXOILGAS 0.51

 

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
TRANSCOHOT 5.43 5.43 5.97 0.54 9.94
CHAMPION 2.53 2.78 2.78 0.25 9.88
CHIPLC 0.55 0.55 0.60 0.05 9.09
OKOMUOIL 115.50 115.50 125.00 9.50 8.23
JAPAULGOLD 0.45 0.45 0.48 0.03 6.67
UPL 1.50 1.50 1.60 0.10 6.67
ROYALEX 0.61 0.61 0.65 0.04 6.56

 

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
FTNCOCOA 0.50 0.50 0.46 -0.04 -8.00
ABCTRANS 0.34 0.34 0.32 -0.02 -5.88
REGALINS 0.40 0.40 0.38 -0.02 -5.00
IKEJAHOTEL 1.10 1.10 1.05 -0.05 -4.55
UNIVINSURE 0.22 0.22 0.21 -0.01 -4.55
CHAMS 0.24 0.24 0.23 -0.01 -4.17
SOVRENINS 0.24 0.24 0.23 -0.01 -4.17

 

Top 7 Traders By Volume

Security Close Price  Daily Volume   Daily Value 
FBNH 10.95           148,354,222.00              1,672,289,968.65
UNIVINSURE 0.21              46,170,356.00                      9,705,714.76
ETI 7.35              42,551,212.00                 316,092,067.45
GTCO 28.50              32,605,359.00                 923,010,070.10
FIDELITYBK 2.70              19,731,635.00                    53,188,213.49
TRANSCORP 0.96              18,023,225.00                    17,340,873.36
MBENEFIT 0.30              16,760,850.00                      4,866,206.50

 

Top 7 Traders By Value

Security Close Price  Daily Volume   Daily Value 
FBNH 10.95           148,354,222.00              1,672,289,968.65
GTCO 28.50              32,605,359.00                 923,010,070.10
ETI 7.35              42,551,212.00                 316,092,067.45
SEPLAT 710.00                    326,202.00                 231,625,962.10
MTNN 174.90                1,091,442.00                 183,099,657.40
UBA 8.30              16,546,278.00                 137,637,969.40
ACCESS 9.80              12,474,386.00                 122,828,820.85

 

FMDQ

 

Money market 13102021The overnight (O/N) rate closed higher at 8.00 on Wednesday (13/10/2021), appreciating by 2.50% against Tuesday’s position.  Open Buy-Back (OBB) rate closed at 7.50 on Wednesday (13/10/2021), appreciating by 2.50% against Tuesday’s position.

Foreign exchange 13102021The I&E FX window traded high and low at N420.15 and N405.00 respectively on Wednesday (13/10/2021) and eventually closed at N415.10 depreciating by 0.19% against Tuesday’s position.

foreign Reserve 13102021

Nigeria’s foreign reserve appreciated by $205.23 million to $39.21 billion on (12/10/2021) from $39.01 billion on (11/10/2021).

Crude oil 13102021The WTI crude depreciated by $0.20 to $80.44 on (13/10/2021) from $80.64 on (12/10/2021), representing a decrease of 0.25%, and the Brent Crude depreciated by $0.24 to $83.18 on (13/10/2021) from $83.42 on (12/10/2021), representing a decrease of 0.29%. Also,  the Bonny Light depreciated by $0.35 to $82.80 on (12/10/2021) from $82.80 on (12/10/2021) representing a decrease of 0.42%

 

BOND MARKET

BOND 13102021

FGN Bond market was relatively calm as market participants traded cautiously in anticipation of higher-stop rates at the NTB auction. However, the Nigeria Treasury Bill (NTB)  91-day and 182-day stop rates remain constant at 2.50%, 3.50%, while the 364-day paper closed at 7.25%, showing a decline of c.25bps from the previous NTB auction.

 

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