Local bourse halts downtrend of four consecutive trading days, post 0.17% gain.

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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%).

 

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MARKET STATISTICS

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%
Gainers 10 Losers 24
Unchanged 63 Total 97
YTD -6.96%

Source: NSE, GTI Research

FOREIGN EXCHANGE

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.

MONEY MARKET

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.

 

FIXED INCOME
Securities P. Close Close Change
Bond 469.76 469.27 -0.49 bps
T.Bills 208.94 207.94 -1.00 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

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.

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Sector Performance

Sector % Change
NSE30 0.28
BANKING -0.79
CONSUMER GOODS 4.19
INDUSTRIAL 0.00
INSURANCE -2.95
LOTUS ISLAMIC 1.44
OIL/GAS -4.37

 

Top 7 Gainers

Company Pclose Open Close Change % Change
NESTLE 995.00 995.00 1094.50 99.50 10.00
CADBURY 7.50 7.50 8.00 0.50 6.67
FLOURMILL 19.55 19.55 20.40 0.85 4.35
WAPIC 0.33 0.33 0.34 0.01 3.03
TRANSCORP 0.72 0.72 0.74 0.02 2.78
ACCESS 6.75 6.75 6.85 0.10 1.48
FCMB 1.72 1.72 1.73 0.01 0.58

 

Top 7 Losers

Company Pclose Open Close Change % Change
SEPLAT 476.40 476.40 428.80 -47.60 -9.99
NEIMETH 2.09 2.09 1.89 -0.20 -9.57
NPFMCRFBK 1.66 1.75 1.51 -0.15 -9.04
MANSARD 2.00 2.00 1.82 -0.18 -9.00
AIICO 0.97 0.96 0.89 -0.08 -8.25
UAC-PROP 0.99 0.99 0.91 -0.08 -8.08
CHAMS 0.25 0.23 0.23 -0.02 -8.00

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
GUARANTY                            43,674,620                   1,026,994,423 23.00
UACN                            41,199,388                      288,659,240 7.20
FBNH                            35,370,259                      178,136,012 5.05
FCMB                            22,543,472                        38,799,310 1.73
ACCESS                            15,347,244                      104,467,338 6.85
MBENEFIT                            11,797,589                          2,454,743 0.21
AIICO                            10,379,523                          9,283,389 0.89


Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                            43,674,620              1,026,994,423.00 23.00
SEPLAT                                 851,641                 365,183,660.80 428.80
UACN                            41,199,388                 288,659,239.90 7.20
NESTLE                                 216,124                 236,547,718.00 1094.50
FBNH                            35,370,259                 178,136,012.25 5.05
ZENITHBANK                              6,711,927                 108,605,294.65 16.15
ACCESS                            15,347,244                 104,467,338.25 6.85

GTI

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