Investors gain N88 billion amidst Q1’2021 corporate earnings

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Trading activities on the Nigeria Domestic Market today (Wednesday) closed on a positive note, by extending the current gaining streak to four consecutive trading session, as the NGX-ASI grew by 0.29%. Market watchers contributed to the renewed confidence as bargain hunters continue to leverage on low-priced fundamentally viable stocks amidst Q1’2021 corporate earnings.  As a result, the market breadth closed positively, recording 22 gainers and 21 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) grew by  112.76 absolute points, representing a growth of 0.29% to close at 39,128.34 points. While the overall Market Capitalization value gained N87.69 billion, representing an increase of 0.29% to close at N20.48 trillion.

CONOIL emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of +9.97%, while GUINNESS emerged as the top loser (by percentage points) with a maximum price depreciation of -9.89%.

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; CONOIL(+9.97%), ETERNA(+9.48%), WAPCO(+6.83%), STERLNBANK(+6.67%), UBN(+5.26%), TRANSCORP(+5.13%), JAIZBANK(+5.00%), GUARANTY(+4.17%), UAC-PROP(+4.00%), FIDELITY(+3.67%) MBENEFIT(+2.70%), NNFM(+2.56%), UBA(+2.11%), PZ(+2.02%), FBNH(+1.39%), MAYBAKER(+1.23%), MANSARD(+1.11%), CUSTODIAN(+0.83%), NPFMCRFBK(+0.53%),   and ZENITHBANK(+0.22%).

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MARKET STATISTICS

CAP N 20,477,677,391,510.85 One Day (ASI CHG) +0.29%
Index 39,128.34 One Week (ASI CHG) +1.27%
Volume 239,248,995 One Month (ASI CHG) +1.94%
Value N1,663,022,137.26 Six Months (ASI CHG) +37.54%
Deals 3,744 52 Weeks (ASI CHG) +72.91%
Gainers 22 Losers 21
Unchanged 61 Total 104
YTD Returns -2.84%

Source: Ngxgroup.com, GTI Research 

 

 

FMDQ ABOUT

FOREIGN EXCHANGE

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

The Investors and Exporters (I&E) FX window opened at N409.54 traded high at N437.41 and eventually closed at N410.00, which appreciated by 0.16% against yesterday’s position. Also, a total of $99.49 million was transacted through the I&E window today.

MONEY MARKET

Overnight (O/N) rate closed at 14.00%, representing a 1.50% appreciation against yesterday’s position, while Open Buy-Back (OBB) rate closed at 13.00%,  representing a 0.75% appreciation as against yesterday’s position.

Sector Performance

Security % Change 
NSE30 0.46
NSEBNK 2.25
NSECNSMRGDS -0.35
NSEINDUSTR 0.39
NSEINS -1.28
NSELOTUSISLM 0.19
NSEOILGAS 0.34

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
CONOIL 17.05 17.05 18.75 1.70 9.97
STUDPRESS 1.62 1.62 1.78 0.16 9.88
ETERNA 5.8 5.8 6.35 0.55 9.48
UPL 1.17 1.17 1.28 0.11 9.40
WAPCO 20.5 20.5 21.9 1.40 6.83
STERLNBANK 1.5 1.5 1.6 0.10 6.67
UBN 4.75 4.75 5 0.25 5.26

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
GUINNESS 31.85 31.85 28.7 -3.15 -9.89
PORTPAINT 2.64 2.64 2.38 -0.26 -9.85
ACADEMY 0.41 0.41 0.37 -0.04 -9.76
LEARNAFRCA 1.09 1.09 1 -0.09 -8.26
REGALINS 0.27 0.27 0.25 -0.02 -7.41
SOVRENINS 0.27 0.27 0.25 -0.02 -7.41
NEM 2.15 2.15 2 -0.15 -6.98

Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
ACCESS          28,177,257    213,187,739.10 7.50
FIDELITYBK          17,171,052      38,425,459.60 2.26
MBENEFIT          16,813,267         6,031,324.33 0.38
GUARANTY          13,683,040    423,108,374.35 31.25
TRANSCORP          12,639,281      10,171,269.42 0.82
ZENITHBANK          12,467,259    276,747,512.55 22.30
FBNH          11,493,123      83,478,520.30 7.30

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
GUARANTY          13,683,040    423,108,374.35 31.25
ZENITHBANK          12,467,259    276,747,512.55 22.30
ACCESS          28,177,257    213,187,739.10 7.50
WAPCO            4,793,642    101,122,176.35 21.90
DANGCEM                393,679      86,218,474.60 220.00
FBNH          11,493,123      83,478,520.30 7.30
UBA            7,010,453      50,288,454.95 7.25

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