Local bourse halts downtrend of four consecutive trading days, post 0.17% gain.
The Nigerian bourse on today (Wednesday) close positively with a gain of 0.17%, halting the losing streak of four consecutive trading day, following value appreciation on bellwether stocks like ACCESS, ZENITHBANK and 8 others. However, the market breadth closed on a negative note, recording 24 losers as against 10 gains.
NSE Trading Floor
In summary, the All-Share Index (ASI) increased by 41.94 absolute points, representing a growth of 0.17% to close at 24,972.82 points. Similarly, the overall Market Capitalization size shed N21.88 million, representing an increase of 0.17% to close at N13.03 trillion.
NESTLE emerged as the top gainers while SEPLAT emerged as the top loser.
The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; NESTLE (+10.00%), CADBURY (+6.67%), FLOURMILL (+4.35%), WAPIC (+3.03%) ACCESS (+1.48%), and ZENITHBANK (+0.31%).
|CAP||N13,027,333,981,537.07||One Day (ASI CHG)||+0.17%|
|Index||24,972.82||One Week (ASI CHG)||-0.96%|
|Volume||265,964,169.00||One Month (ASI CHG)||+4.61%|
|Value||N2,708,736,566.85||Six Months (ASI CHG)||-6.33%|
|Deals||3,564.00||52 Weeks (ASI CHG)||-16.58%|
The Naira at the official window on Wednesday closed unchanged at 361.00/$1, against previous day’s position.
The Investors and Exporters (I&E) FX window opened at N386.39, traded high at N389.99 and eventually closed at N386.00, unchanged against yesterday’s closing position. A total of $15.31 million was transacted through the I&E window today.
Overnight(O/N) rate closed at 8.92%, representing a 1.83% appreciation against previous day’s closing position, while Open Buy-Back (OBB) rate closed at 8.17%, representing a 1.83% appreciation against previous day’s position.
|Note: BPS=> Basis Points|
NASD OTC MARKET
The NASD OTC market on Wednesday closed negatively, reversing yesterday’s positive sentiment as the Unlisted Securities Index (USI) was down by 0.72% closed at 699.89. Similarly, Market Capitalization shed N3.73 billion to close at N514.12 billion, representing a 0.72% depreciation against yesterday’s closing position. Consequently, the aggregate volume and value decreased by 64.41% and 64.04% respectively, as investors traded a total of 55,000 shares, worth N6.06 million in 3 deal.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value