Market Capitalization hits N12 trillion as Equity Market sustains yesterday’s gain.

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The Equity Market closed higher today gaining 1.11%, sustaining yesterday’s positive sentiment. Market breadth closed negative, recording 13 gainers and 23 losers.

 

NSE Trading Floor

 

In summary, the All Share Index (ASI) was up by 362.27 absolute points, representing an increase of 1.11%, closing at 33,907.33 points. Similarly, the Market Capitalization increased by N132.26 billion, representing a growth of 1.11%, closing at N12.01 trillion.

FIRSTALUM emerged the top gainer while PORTPAINT emerged the top loser.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; JBERGER (+9.98%), DANGCEM (+5.24%), OANDO (+4.90%), ETI (+4.69%), FIDELITYBK (+4.50%), CADBURY (+1.60%), GUARANTY (+1.37%) and UBN (+1.00%).

 

MARKET STATISTICS

CAP N12,013,715,058,006.34 One Day (ASI CHG) +1.11
Index 32,907.33 One Week (ASI CHG) +0.20
Volume 280,325,870 One Month (ASI CHG) -0.17
Value N1,961,861,503.31 Six Months (ASI CHG) -19.30
Deals 3,918 52 Weeks (ASI CHG) -9.75
Gainers 13 Losers 23
Unchanged 62 Total 98
YTD Returns -13.95

Source: NSE, GTI Research

 

 

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed unchanged at N306.55, against yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.85, traded high at N365.00 and eventually closed at N363.84, representing a 0.03% appreciation against yesterday’s closing price. A total of $220.32 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 11.42%, representing a 0.51% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate  closed  at 10.33% representing a 1.17% depreciation against yesterday’s closing position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 829.36 829.21 -1 bps
T.Bills 378.19 370.79 -19 bps
Note: BPS=> Basis Point

Source: FMDQ, GTI Research

 

SECTOR PERFORMANCE

Sector %    Change
NSE30 0.57
BANKING 1.06
CONSUMER GOODS -0.31
INDUSTRIAL 2.64
INSURANCE -0.14
LOTUS ISLAMIC 1.50
OIL/GAS 0.62

 

TOP 7 GAINERS

Company Pclose Open Close Change % Change
FIRSTALUM 0.3 0.3 0.33 0.03 10.00
JBERGER 21.55 21.55 23.7 2.15 9.98
UAC-PROP 1.64 1.64 1.77 0.13 7.93
DANGCEM 200.5 200.5 211 10.5 5.24
JAPAULOIL 0.2 0.2 0.21 0.01 5.00
OANDO 5.1 5.1 5.35 0.25 4.90
ETI 16 16 16.75 0.75 4.69

 

TOP 7 LOSERS

Company Pclose Open Close Change % Change
PORTPAINT 2.8 2.8 2.52 -0.28 -10.00
VERITASKAP 0.3 0.3 0.27 -0.03 -10.00
UPDCREIT 9 9 8.1 -0.9 -10.00
NNFM 5.9 5.9 5.35 -0.55 -9.32
JAIZBANK 0.55 0.55 0.5 -0.05 -9.09
LIVESTOCK 0.57 0.57 0.52 -0.05 -8.77
DANGFLOUR 7.95 7.95 7.35 -0.6 -7.55

 

TOP 7 TRADERS BY VALUE

Company Volume Value(₦) Current Price
ZENITHBANK                       14,092,950.00                 338,230,990.65 24
ETI                       13,085,212.00                 219,121,496.15 16.75
NB                         2,415,260.00                 216,580,781.70 88
STERLNBANK                     106,826,972.00                 147,392,286.11 1.5
GUARANTY                         3,686,222.00                 134,760,621.10 37
INTBREW                         4,244,125.00                 131,600,612.50 31
ACCESS                       16,273,722.00                 130,160,898.40 7.95

 

TOP 7 TRADERS VOLUME

Company Volume Value(₦) Current Price
STERLNBANK                     106,826,972.00                 147,392,286.11 1.5
FCMB                       43,657,435.00                   68,031,389.54 1.54
FIDELITYBK                       18,016,854.00                   37,224,142.95 2.09
ACCESS                       16,273,722.00                 130,160,898.40 7.95
ZENITHBANK                       14,092,950.00                 338,230,990.65 24
ETI                       13,085,212.00                 219,121,496.15 16.75
DIAMONDBNK                       12,280,121.00                   17,524,074.50 1.44

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.

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