Local bourse sustains uptrend, post N343.96 billion gain.
The Nigerian equities market today (Wednesday), closed on a positive note, extending the previous positive sentiment to five consecutive trading day, with a gain of N343.96 billion (3.02%), following value appreciation on DANGCEM, ACCESS, ZENITHBANK and 25 others. Consequently, the market breadth closed positively, recording 28 gainers as against 11 losers.
NSE Trading Floor
In summary, the All-Share Index (ASI) increased by 659.99 absolute points, representing a growth of 3.02% to close at 22,539.94 points. Similarly, the overall Market Capitalization size gained N343.96 billion, representing an increase of 3.02% to close at N11.75 trillion.
DANGCEM & 2 others emerged as the top gainer while ARBICO emerged as the top loser.
The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; DANGCEM (+10.00%), NB (+9.84%), ZENITHBANK (+9.66%), DANGSUGAR (+8.55%), GUARANTY (+7.09%), ACCESS (+6.87%), WAPCO (+3.63%), UBA (+3.17%), ETI (+3.09%), and FBNH (+1.04%).
|CAP||N11,746,758,226,861.68||One Day (ASI CHG)||+3.02%|
|Index||22,539.94||One Week (ASI CHG)||+6.96%|
|Volume||326,444,379.00||One Month (ASI CHG)||-2.09%|
|Value||N3,338,708,297.07||Six Months (ASI CHG)||-14.85%|
|Deals||5,166.00||52 Weeks (ASI CHG)||-24.79%|
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 N388.38, traded high at N401.57 and eventually closed at N385.63, representing a 0.26% appreciation against yesterday’s closing position. A total of $30.42 million was transacted through the I&E window today.
Overnight(O/N) rate closed at 2.42%, representing a 0.42% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 2.00%, representing 0.33% depreciation against yesterday’s position.
|Note: BPS=> Basis Points|
NASD OTC MARKET
The NASD OTC market on Wednesday remained unchanged as the Unlisted Securities Index (USI) closed at 698.22, against previous day’s closing position. Similarly, Market Capitalization closed unchanged at N512.89 billion, against previous day’s position. Consequently, the aggregate volume and value decreased by 97.35% and 93.94%, as investors traded a total of 2,120 volume of shares, valued at N572,400 in 1 deals.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value