Investors gain N199 billion as positive sentiment returned on blue-chip stock
The Nigeria Bourse closed trading activities for today (Wednesday) on a positive trajectory, to reverse previous trading loss. The NSE-ASI Index and Market Capitalization grew by 0.98% following the price appreciation on MTNN, DANGCEM, NB and 16 others. Consequently, the market breadth closed positively, recording 20 gainers against 16 losers.
NSE Trading Floor
In summary, the All-Share Index (ASI) appreciated by 380.81 absolute points, representing an increase of 0.98% to close at 39,085.78 points. While the overall Market Capitalization value gained N199.24 billion, representing a rise of 0.98% to close at N20.45 trillion.
MRS emerged as the top loser (by percentage points) with a price depreciation of -9.70%, while STANBIC emerged as the top gainer (by percentage points) for today, with a price appreciation of +9.99%.
Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; GUINNESS(+8.76%), OANDO(+8.68%), UNILEVER(+3.77%), STERLINGBANK(+3.36%), INTBREW(+2.78%), MTNN(+2.42%), DANGCEM(+2.27%), NASCON(+2.01%), CADBURY(+1.25%), NB(+1.04%), FBNH(+0.69%), and UACN(+0.63%).
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MARKET STATISTICS
| CAP | N20,449,870,597,631.69 | One Day (ASI CHG) | +0.98% |
| Index | 39,085.78 | One Week (ASI CHG) | +0.98% |
| Volume | 361,903,179.00 | One Month (ASI CHG) | -2.69% |
| Value | N5,701,984,662.45 | Six Months (ASI CHG) | +51.60% |
| Deals | 4,018 | 52 Weeks (ASI CHG) | +79.78% |
| Gainers | 20 | Losers | 16 |
| Unchanged | 64 | Total | 100 |
| YTD Returns | -2.94% |
Source: NSE, GTI Research
FOREIGN EXCHANGE
The Naira at the official rate remains unchanged to close at N379.00/$1 as against last Friday’s position.
The Investors and Exporters (I&E) FX window opened at N408.98 traded high at N412.00 and eventually closed at N408.75, representing 0.26% appreciation against Tuesday’s position. Also, a total of $33.11 million was transacted through the I&E window today.
MONEY MARKET
Overnight(O/N) rate closed at 14.00%, representing a 2.00% depreciation against Monday’s position, while Open Buy-Back (OBB) rate closed at 13.50%, representing a 2.00% depreciation as against Monday’s position.
Sector Performance
| Security | Change Percent |
| NSE30 | 1.13 |
| NSEBNK | -0.21 |
| NSECNSMRGDS | 0.73 |
| NSEINDUSTR | 0.65 |
| NSEINS | -0.56 |
| NSELOTUSISLM | 1.01 |
| NSEOILGAS | 0.68 |
Top 7 Gainers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| STANBIC | 44.05 | 44.05 | 48.45 | 4.4 | 9.99 |
| NPFMCRFBK | 1.77 | 1.77 | 1.94 | 0.17 | 9.60 |
| CORNERST | 0.56 | 0.56 | 0.61 | 0.05 | 8.93 |
| GUINNESS | 25.1 | 25.1 | 27.3 | 2.2 | 8.76 |
| OANDO | 3.11 | 3.11 | 3.38 | 0.27 | 8.68 |
| FTNCOCOA | 0.47 | 0.47 | 0.51 | 0.04 | 8.51 |
| VERITASKAP | 0.2 | 0.2 | 0.21 | 0.01 | 5.00 |
Top 7 Losers
| Security | Previous Close | Open Price | Close Price | Change Price | % Change |
| MRS | 13.4 | 13.4 | 12.1 | -1.3 | – 9.70 |
| WAPIC | 0.55 | 0.55 | 0.5 | -0.05 | – 9.09 |
| WAPCO | 22.5 | 22.5 | 20.9 | -1.6 | – 7.11 |
| AFRIPRUD | 5.5 | 5.5 | 5.2 | -0.3 | – 5.45 |
| LIVESTOCK | 1.9 | 1.9 | 1.81 | -0.09 | – 4.74 |
| UAC-PROP | 0.78 | 0.78 | 0.75 | -0.03 | – 3.85 |
| FIDELITYBK | 2.35 | 2.35 | 2.29 | -0.06 | – 2.55 |
Top 7 Traders By Value
| Security | Close Price | Daily Volume | Daily Value |
| GUARANTY | 31 | 72,619,765 | 2,259,444,370.75 |
| MTNN | 161 | 6,713,553 | 1,073,964,130.30 |
| DANGCEM | 225 | 2,009,431 | 451,884,879.80 |
| UBN | 5.3 | 79,345,892 | 420,532,556.95 |
| ZENITHBANK | 22 | 16,674,931 | 367,031,175.70 |
| NB | 48.5 | 3,466,284 | 168,231,654.50 |
| STANBIC | 48.45 | 2,629,158 | 126,133,634.55 |
Top 7 Traders By Volume
| Security | Close Price | Daily Volume | Daily Value |
| UBN | 5.3 | 79,345,892 | 420,532,556.95 |
| GUARANTY | 31 | 72,619,765 | 2,259,444,370.75 |
| VERITASKAP | 0.21 | 50,246,733 | 10,525,413.93 |
| EKOCORP | 6 | 20,000,000 | 120,000,000.00 |
| ZENITHBANK | 22 | 16,674,931 | 367,031,175.70 |
| TRANSCORP | 0.81 | 7,761,086 | 6,175,980.00 |
| UBA | 6.9 | 7,604,847 | 52,417,949.55 |
