Local bourse sustains previous positive momentum, gains 0.05%


Transactions on the Nigerian bourse today (Monday) began the trading week on a positive note as the All-Share-Index appreciated by 0.05%, to sustain the previous positive sentiment to three consecutive trading days. The uptrend was supported by value appreciation on some bellwether stocks like DANGCEM, WAPCO, ZENITHBANK, and 14 others. Consequently, the market breadth closed on a positive note, recording 17 gainers as against 16 losers.

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 13.64 absolute points, representing a growth of 0.05% to close at 25,605.59 points. Similarly, the overall Market Capitalization size gained N7.11 billion, representing an increase of 0.05% to close at N13.36 trillion.

NEIMETH emerged as the top gainer while INTBREW emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; WAPCO (+1.95%), FIDELITYBK (+1.70%) HONYFLOUR (+1.06%), FBNH (+0.99%), DANGCEM (+0.75%), GUARANTY (+0.40%) and ZENITHBANK (+0.29%).

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CAP N13,358,065,984,270.02 One Day (ASI CHG) +0.05%
Index 25,605.59 One Week (ASI CHG) +0.09%
Volume 257,027,926 One Month (ASI CHG) +1.61%
Value N3,320,061,769.91 Six Months (ASI CHG) +12.82%
Deals 3,567 52 Weeks (ASI CHG) -6.64%
Gainers 17 Losers 16
Unchanged 59 Total 92
    YTD -4.61%

Source: NSE, GTI Research



 The NASD OTC market today (Monday) closed on a positive note as the Unlisted Securities Index (USI) closed at 718.87, representing a 0.89% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N4.65 billion closed at N528.06 billion, representing a 0.89% appreciation against the previous day’s closing position. However, the aggregate volume and value decreased by 74.12% and 21.75% respectively, as investors traded a total of 27,450 shares, worth N1.36 million in 5 deals.

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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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