Local bourse halts two successive decline with N50 billion gain

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Trading activities on the Nigeria equity market on Wednesday halts the two successive trading sessions decline with a gain of 0.23%, as investors sustains bargain-hunting towards insurance stocks. Consequently, the market breadth closed positively, recording 55 gainers as against 16 losers. 

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) grew 96.09 absolute points, representing an increase of 0.23% to close at 41,147.72 points. Also, the overall Market Capitalization value gained N50.26 billion, representing a growth of 0.23% to close at N21.52 trillion.

MBENEFIT, NNFM, NIGERINS, ROYALEX, SOVRENINS and DEAPCAP emerged as joint-top gainers’ (by percentage points) for today, with the maximum price appreciation of +10.00%, while SUNUASSUR and MANSARD topped the losers’ chart with a price depreciation of -10.00%.

Today’s market gains was driven by price appreciation in large and medium capitalized stocks amongst which are; ARDOVA(+9.72%), TRANSCORP(+9.40%), HONYFLOUR(+9.09%), WAPCO(+8.16%), PZ(+5.56%), GUINNESS(+2.43%) UBA(+2.25%), FCMB(+1.58%), FLOURMILL(+1.56%),  FBNH(+0.68%), ZENITHBANK(+0.38%), UNILEVER(+0.37%), and MTNN(+0.12%).

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MARKET STATISTICS

CAP N21,524,831,225,006.06 One Day (ASI CHG) +0.23%
Index 41,147.72 One Week (ASI CHG) +2.11%
Volume 649,649,752 One Month (ASI CHG) +11.80%
Value N4,611,854,458.81 Six Months (ASI CHG) +69.54%
Deals 6,296 52 Weeks (ASI CHG) +38.50%
Gainers 55 Losers 16
Unchanged 43 Total 114
YTD Returns +2.18%

Source: NSE, GTI Research

 

Sector Performance

Security Change Percent
NSE30 0.42
Banking -0.23
Consumer Goods 0.21
Industrial Goods 0.50
Insurance 2.52
Lotus Islamic 0.30
Oil & Gas 0.45

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price %Change
DEAPCAP 0.20 0.20 0.22 0.02 10.00
MBENEFIT 0.50 0.55 0.55 0.05 10.00
NIGERINS 0.30 0.30 0.33 0.03 10.00
NNFM 8.00 8.00 8.80 0.80 10.00
ROYALEX 0.40 0.40 0.44 0.04 10.00
SOVRENINS 0.30 0.30 0.33 0.03 10.00
BOCGAS 13.77 13.77 15.12 1.35 9.80

Top 7 Losers

Security Previous Close Open Price Close Price Change Price %Change
MANSARD 1.70 1.70 1.53 -0.17 -10.00
SUNUASSUR 1.00 1.00 0.90 -0.10 -10.00
JAPAULGOLD 1.28 1.16 1.16 -0.12 -9.38
AFROMEDIA 0.22 0.22 0.20 -0.02 -9.09
OMATEK 0.23 0.23 0.21 -0.02 -8.70
UAC-PROP 0.80 0.80 0.75 -0.05 -6.25
CUTIX 2.18 2.18 2.06 -0.12 -5.50


Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
MBENEFIT 52106341 28652692.55 0.55
TRANSCORP 51653643 66116663.04 1.28
STERLNBANK 48119275 94297028.23 1.96
WAPCO 34670263 900091729.6 26.5
UAC-PROP 30726969 22982637.01 0.75
MANSARD 28637217 44276106.33 1.53
WAPIC 25810641 18583459.52 0.72

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
WAPCO 34670263 900091729.6 26.5
GUARANTY 24012425 803557323.9 33.05
DANGCEM 1754636 410569389.3 234.5
FLOURMILL 12331648 399445912.2 32.5
ZENITHBANK 13825138 361728976.6 26.3
DANGSUGAR 8832254 181270354 20.5
FBNH 21333786 156531292 7.35

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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