MTN and 14 Others Sustain Market Uptrend

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The Nigerian Bourse today sustained yesterdays uptrend, gaining 1.53%. The positive sentiment was driven by price appreciation in MTN and 14 other stocks. Market breadth closed positive, recording 15 gainers and 14 losers.

NSE Trading Floor

The All Share Index (ASI) gained 433.74 absolute points, representing a growth of 1.53% to close at 28,871.93 points. Similarly, Market Capitalization grew by N191.05 billion, representing an increased of 1.53% to close at N12.72 trillion.

MTNN emerged the top gainer while FO emerged as top loser.

The uptrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; MTNN (+10.00%), TRANSCORP (+8.77%), OANDO (+6.67%), UBN (+2.19%), DANGSUGAR (+0.37%), DANGFLOUR (+0.31%),  and ZENITHBANK (+0.26%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS  

CAP N12,716,746,386,490.81 One Day (ASI CHG) +1.53%
Index 28,871.93 One Week (ASI CHG) +0.08%
Volume 267,838,055 One Month (ASI CHG) -3.67%
Value N7,523,851,733.37 Six Months (ASI CHG) -9.94%
Deals 3,684 52 Weeks (ASI CHG) -28.98%
Gainers 15 Losers 14
Unchanged 71 Total 100
  YTD Returns -8.14%  

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira exchange rate at the official window remain unchanged to close at  N306.95/$1, against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N360.18, traded high at N361.10 and eventually closed at N360.50 representing a 0.04% depreciation as against yesterday’s closing position. A total of $152.09 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 5.29%, representing a 1.29% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 4.57%, representing a 1.29% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 961.72 937.54 -24.18 bps
T.Bills 483.18 473.29 -9.89 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET         

The NASD market closed negatively as the Unlisted Securities Index (USI) declined by 0.72% to close at 760.36 points against yesterday’s index. Similarly, Market Capitalization declined by N3.99 billion to close at N546.27 billion. Market activities measured by aggregate volume and value grew by 500.61% and 4.35% respectively. Investors traded a total of 147,750 units of shares valued at N7.57 million in 13 deals.

Five securities were traded on the OTC Platform today, which are SDAFRILAND, SDCSCSPLC, SDFCWAMCO, SDMIXREAL and SDNDEP

Click here for more on NASD Daily Price List

 

Sector Performance           

Sector %    Change
NSE30 0.08
BANKING -0.39
CONSUMER GOODS -0.03
INDUSTRIAL 0.08
INSURANCE 0.41
LOTUS ISLAMIC -0.08
OIL/GAS -0.41

Top 7 Gainers    

Company Pclose Open Close Change % Change
MTNN 99.00 99.00 108.90 9.90 10.00
CUTIX 1.65 1.65 1.80 0.15 9.09
ROYALEX 0.22 0.22 0.24 0.02 9.09
CHAMS 0.34 0.34 0.37 0.03 8.82
TRANSCORP 1.14 1.14 1.24 0.10 8.77
THOMASWY 0.29 0.29 0.31 0.02 6.90
LIVESTOCK 0.60 0.60 0.64 0.04 6.67

Top 7 Losers           

Company Pclose Open Close Change % Change
FO 31.50 31.50 28.35 -3.15 -10.00
CHAMPION 1.29 1.29 1.17 -0.12 -9.30
FCMB 1.70 1.70 1.55 -0.15 -8.82
COURTVILLE 0.25 0.25 0.23 -0.02 -8.00
JAPAULOIL 0.28 0.28 0.26 -0.02 -7.14
ABCTRANS 0.29 0.29 0.27 -0.02 -6.90
UNIONDAC 0.24 0.24 0.23 -0.01 -4.17

 Top 7 Traders By Volume    

Company Volume Value(₦) Current Price
TRANSCORP                             58,593,650                         72,247,144 1.24
MTNN                             32,098,599                    3,495,537,431 108.90
ACCESS                             27,420,200                       178,471,367 6.45
UBA                             19,395,505                       117,648,101 6.00
ZENITHBANK                             17,592,458                       344,384,842 19.60
GUARANTY                             12,417,876                       380,082,638 30.60
REGALINS                               9,040,100                           1,808,071 0.20

 Top 7 Traders By Value     

Company Volume Value(₦) Current Price
MTNN                             32,098,599               3,495,537,431.10 108.90
GUARANTY                             12,417,876                  380,082,638.30 30.60
ZENITHBANK                             17,592,458                  344,384,841.75 19.60
ACCESS                             27,420,200                  178,471,367.15 6.45
NB                               2,677,872                  167,439,399.75 62.50
UNILEVER                               5,049,848                  161,509,167.10 32.00
NESTLE                                  101,675                  138,659,646.60 1430.00

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