Local Bourse Sustains Positive Momentum, as Investors’ Wealth Grew by N180 Billion

119 Views

The Nigerian Equity Market on Wednesday closed trading session on a positive inscription for the third consecutive day, as investors buy interest climbs on four of the five major sectors (Insurance, Industrial, Banking and Consumer Goods). As a result, the market breadth closed positively, recording 35 gainers as against 21 losers. 

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) grew by 345.79 absolute points, representing an increase of 0.83% to close at 41,930.73 points. Also, the overall Market Capitalization value gained N180.88 billion, representing a rise of 0.83% to close at N21.93 trillion.

CHIPLC and GUINEAINS emerged as joint-top gainers (by percentage points) for today, with the maximum price appreciation of +10.0%, while SKYAVN topped the losers’ chart with a price depreciation of -10.00%.

Today’s market gain was driven by price appreciation in large and medium capitalized stocks amongst which are; FIDSON(+9.90%), AIICO(+9.24%), JAPAULGOLD(+8.97%), UCAP(+7.27%), WAPCO(+7.27%), JBERGER(+5.64%), MAYBAKER(+4.65%), WEMABANK(+2.94%), FCMB(+2.77%), FBNH(+2.70%), DANGSUGAR(+2.49%), MTNN(+2.40%), AIRTELAFRI(+1.09%), ACCESS(+1.08%) and ZENITHBANK(+0.57%).

Click here for more on NE Daily Price List

MARKET STATISTICS

CAP N21,934,431,128,595.26 One Day (ASI CHG) +0.83%
Index 41,930.73 One Week (ASI CHG) +2.14%
Volume 543,597,202 One Month (ASI CHG) +8.07%
Value N7,321,959,683.47 Six Months (ASI CHG) +69.19%
Deals 6,770 52 Weeks (ASI CHG) +41.88%
Gainers 35 Losers 21
Unchanged 57 Total 113
YTD Returns +4.12%

Source: NSE, GTI Research

 

Sector Performance

Security Change Percent
NSE30 0.72
NSEBNK 0.31
NSECNSMRGDS 0.21
NSEINDUSTR 0.52
NSEINS 1.54
NSELOTUSISLM 0.95
NSEOILGAS -0.12

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
CHIPLC 0.4 0.4 0.44 0.04 10.00
GUINEAINS 0.2 0.22 0.22 0.02 10.00
FIDSON 5.05 5.05 5.55 0.5 9.90
CHAMPION 2.35 2.35 2.58 0.23 9.79
LASACO 0.41 0.41 0.45 0.04 9.76
MULTIVERSE 0.21 0.21 0.23 0.02 9.52
AIICO 1.19 1.19 1.3 0.11 9.24

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
SKYAVN 3.2 3.2 2.88 -0.32 -10.00
CORNERST 0.72 0.72 0.65 -0.07 -9.72
CAVERTON 2.02 2.02 1.83 -0.19 -9.41
UNIVINSURE 0.23 0.23 0.21 -0.02 -8.70
FTNCOCOA 0.6 0.6 0.55 -0.05 -8.33
NIGERINS 0.25 0.25 0.23 -0.02 -8.00
VERITASKAP 0.26 0.24 0.24 -0.02 -7.69

Top 7 Traders By Volume

Security  Daily Volume  Daily Value Close Price
TRANSCORP         57,238,154.00          61,016,677.47 1.05
JAPAULGOLD         52,041,398.00          40,275,082.19 0.85
ZENITHBANK         47,161,593.00    1,242,805,409.95 26.4
FBNH         38,075,964.00        284,686,745.95 7.6
UBA         32,535,115.00        291,729,069.95 9
MBENEFIT         27,515,164.00          12,846,295.94 0.47
GUARANTY         27,156,231.00        901,014,972.65 33.2

Top 7 Traders By Value

Security  Daily Value  Daily Volume Close Price
AIRTELAFRI   1,776,910,786.70            1,912,628.00 930
ZENITHBANK   1,242,805,409.95          47,161,593.00 26.4
GUARANTY       901,014,972.65          27,156,231.00 33.2
MTNN       481,958,589.90            2,736,248.00 175
WAPCO       403,323,672.90          13,903,932.00 29.5
NB       293,882,562.15            4,820,453.00 61
UBA       291,729,069.95          32,535,115.00 9

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.

You may also like...