Local Bourse Sustain Uptrend, Gained N65.73 billion Amid Renew Bargain-Hunting
Trading activities on the Nigerian Stock Exchange today (Thursday) advanced further Northward with a modest gain of 0.31% (N65.73 billion) to extend gaining streak to two consecutive sessions, driven by price rally on SEPLAT and 26 others. Consequently, market breadth closed positively, recording 27 gainers against 14 losers.
NSE Trading Floor
In summary, the All-Share Index (ASI) gained 125.70 absolute points, representing a growth of +0.31% to close at 40,590.85 points. Similarly, the overall Market Capitalization value also strengthened by N65.73 billion, representing an growth of +0.31 to close at N21.224 trillion.
SEPLAT, FTNCOCOA, and LIVESTOCK emerged joint-top gainers’ (by percentage points) for today, with a maximum price appreciation of +10.00%, while SOVRENINS (for the second successive sessions) emerged top of the losers’ chart with a price depreciation of -9.09%.
Today’s uptrend was also driven by price appreciation in medium and large capitalized stocks amongst which are; ARDOVA (+9.96%), DANGSUGAR (+3.83%), NB (+3.57%), FCMB (+2.56%), AFRIPRUD (+2.56%), GUARANTY (+1.54%), FBNH (+1.38.%), ZENITHBANK (+0.80%), and PRESCO (+0.07%)
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MARKET STATISTICS
| CAP | N21,224,149,742,894.16 | One Day (ASI CHG) | +0.31% |
| Index | 40,590.85 | One Week (ASI CHG) | +0.79% |
| Volume | 2,133,489,269.00 | One Month (ASI CHG) | +15.90% |
| Value | N7,509,460,028.70 | Six Months (ASI CHG) | +67.20% |
| Deals | 4,558.00 | 52 Weeks (ASI CHG) | +38.08% |
| Gainers | 27 | Losers | 14 |
| Unchanged | 63 | Total | 104 |
| YTD Returns | +2.73% |
Source: NSE, GTI Research
Sector Performance
| Sector | % Change |
| NSE30 | +0.39 |
| BANKING | +0.53 |
| CONSUMER GOODS | +0.87 |
| INDUSTRIAL | 0.00 |
| INSURANCE | -0.02 |
| LOTUS ISLAMIC | +0.12 |
| OIL/GAS | +5.65 |
Top 7 Traders By Volume
| Security | Volume | Value (₦) | Closing Price (₦) |
| UBA | 26,487,153.00 | 228,449,039.90 | 8.60 |
| DANGSUGAR | 21,472,524.00 | 397,845,077.05 | 19.00 |
| FIDELITYBK | 15,710,309.00 | 39,748,286.56 | 2.57 |
| ACCESS | 13,292,626.00 | 117,053,431.35 | 8.80 |
| ZENITHBANK | 12,977,161.00 | 327,294,610.65 | 25.30 |
| TRANSCORP | 12,297,187.00 | 11,716,268.06 | 0.96 |
| UBN | 10,682,240.00 | 56,391,371.30 | 5.25 |
Top 7 Traders By Value
| Security | Volume | Value (₦) | Closing Price (₦) |
| DANGSUGAR | 21,472,524.00 | 397,845,077.05 | 19.00 |
| ZENITHBANK | 12,977,161.00 | 327,294,610.65 | 25.30 |
| GUARANTY | 9,552,017.00 | 315,050,929.65 | 33.00 |
| UBA | 26,487,153.00 | 228,449,039.90 | 8.60 |
| WAPCO | 6,806,518.00 | 152,842,624.10 | 22.40 |
| NB | 2,488,487.00 | 144,339,090.90 | 58.00 |
| PRESCO | 1,941,680.00 | 136,391,160.60 | 71.00 |
