Local Bourse Sustains Winning Momentum After Salah Break, as Investors wealth increased by N329.74 billion

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NGX

 

Local Bourse today closed market activities on a positive note to extend the bullish sentiment to three consecutive trading sessions. The NGX-ASI stretches by 1.67%, as investors’ wealth also increased by N329.74 billion. The price appreciation was buoyed by buy-interest in all the major market sectors, save for the insurance sector, which experienced a decline of 1.88%. Consequently, the market breadth closed positively, recording 22 gainers as against 12 losers.

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 632.87 absolute points, representing an increase of 1.67%, to close at 38,585.52 points. Similarly, the overall Market Capitalization value rose by N329.74 billion, representing a growth of 1.67% to close at N20.1 trillion.

TOTAL emerged as the top gainer (by percentage points) for today, with a maximum price appreciation of +10.00% while AIICO emerged as a  top loser (by percentage points) with a maximum price depreciation of -8.47%.

Today’s market performance was driven by price appreciation in large and medium capitalized stocks amongst which are; TOTAL(+10.00%), CUTIX(+9.97%), OANDO(+9.73%), DANGCEM(+7.83%), COURTVILLE(+4.55%)JAPAULGOLD(+3.92%),  WAPIC (+3.70%), UNITYBNK (+3.64%), FBNH(+3.45%), AFRIPRUD (+3.17%), ABCTRANS(+3.03%), UPDC(+2.36%), WEMABANK (+2.30%), VITAFOAM(+2.28%), UCAP(+1.93%), UACN(+1.50%), JBERGER(+1.25%), ZENITHBANK(+0.82%), UNILEVER(+0.77%), STERLNBANK(+0.66%), DANGSUG(+0.29%),  and GTCO(+0.17%).

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MARKET STATISTICS

CAP N20,103,616,241,540.11 One Day (ASI CHG) +1.67%
Index 38,585.52 One Week (ASI CHG) +1.90%
Volume 203,110,772.00 One Month (ASI CHG) +1.95%
Value N1,724,363,056.52 Six Months (ASI CHG) -5.89%
Deals 3,969 52 Weeks (ASI CHG) +59.62%
Gainers 22 Losers 12
Unchanged 69 Total 103
YTD Returns -4.18%

Source: Ngxgroup.com, GTI Research 

Sector Performance

Security Change Percent
ASI 1.67
NGX30 1.72
NGXBNK 0.31
NGXCNSMRGDS 0.07
NGXINDUSTR 4.01
NGXINS -1.88
NGXLOTUSISLM 1.65
NGXOILGAS 3.11

Top 7 Gainers

Security Previous Close Open Price Close Price Change Price % Change
TOTAL 168 168 184.8 16.8 10.00
CUTIX 3.99 3.99 4.38 0.39 9.77
OANDO 3.29 3.61 3.61 0.32 9.73
DANGCEM 230 230 248 18 7.83
COURTVILLE 0.22 0.22 0.23 0.01 4.55
JAPAULGOLD 0.51 0.51 0.53 0.02 3.92
WAPIC 0.54 0.54 0.56 0.02 3.70

Top 7 Losers

Security Previous Close Open Price Close Price Change Price % Change
AIICO 1.15 1.15 1.05 -0.1 -8.70
SOVRENINS 0.31 0.31 0.29 -0.02 -6.45
VERITASKAP 0.25 0.25 0.24 -0.01 -4.00
LIVESTOCK 1.97 1.97 1.9 -0.07 -3.55
ARDOVA 15.5 15.5 15 -0.5 -3.23
MBENEFIT 0.4 0.4 0.39 -0.01 -2.50
MANSARD 0.89 0.89 0.87 -0.02 -2.25

Top 7 Traders By Volume

Security Daily Volume Daily Value Close Price
STERLNBANK         22,486,587     33,803,335.32 1.52
UCAP         16,900,746   115,108,129.76 6.85
FIDELITYBK         14,062,166     33,687,988.59 2.39
WEMABANK         13,959,610     12,244,069.82 0.89
GTCO         13,300,585   392,121,611.75 29.5
TRANSCORP         10,416,350       9,714,290.20 0.94
ZENITHBANK         10,005,396   246,185,137.25 24.65

Top 7 Traders By Value

Security Daily Volume Daily Value Close Price
GTCO         13,300,585   392,121,611.75 29.5
ZENITHBANK         10,005,396   246,185,137.25 24.65
UCAP         16,900,746   115,108,129.76 6.85
NB           1,698,202     98,333,730.80 58
DANGCEM              361,656     89,306,992.30 248
TOTAL              452,188     83,562,033.00 184.8
MTNN              392,590     64,448,591.10 165

 

FMDQ

MONEY MAR

The overnight (O/N) rate closed at 8.25%, depreciating by 3.25bps against Monday’s position. while Open Buy-Back (OBB) rate closed at 8.00%, depreciating also by 3bps against Monday’s position.

 

The I&E FX window traded high and low at N412.78 and N403.22 respectively, and eventually closed at N411.63, against Monday’s closing position. Also, at the BDC, the naira remains unchanged at N500.00.

FR

Nigeria’s foreign reserve strengthened by $53.48 million to $33.17 billion on (19/07/2021) from $33.12 billion on (16/07/2021).

 

crude

 

The Brent crude increased by $2.88 to $72.23 on (21/07/2021) from $69.35 (20/07/2021), representing a 0.16% increment in price.

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