MTNN & 12 others led Local bourse to reverse negative posture, gains 0.12%

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Activities on the Nigerian equity market today (Friday) closed on a positive note with a gain of 0.12%, reversing the previous negative sentiment, following value appreciation on some bellwether stocks like MTNN, ETI, DANGSUGAR and 10 other. Consequently, the market breadth closed on a positive note, recording 13 gainers as against 9 losers.

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 29.80 absolute points, representing a growth of 0.12% to close at 24,306.36 points. Similarly, the overall Market Capitalization size gained N15.54 billion, representing an increase of 0.12% to close at N12.68 trillion.

LIVESTOCK emerged as the top gainer while ABCTRANS emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; INTBREW (+6.94%) ETI (+1.05%), MTNN (+0.96%) and DANGSUGAR (-0.87%).

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MARKET STATISTICS

CAP N12,679,634,946,216.98 One Day (ASI CHG) +0.12%
Index 24,306.36 One Week (ASI CHG) -0.12%
Volume 131,630,651 One Month (ASI CHG) -3.60%
Value N899,490,969.04 Six Months (ASI CHG) -17.37%
Deals 3,044 52 Weeks (ASI CHG) -16.92%
Gainers 13 Losers 9
Unchanged 75 Total 97
YTD -9.45%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window on Friday closed at 381.00/$1,  unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N386.13, traded high at N390.00, and eventually closed at N387.00, representing a 0.13% depreciation against the previous day’s closing position. A total of $25.19 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed at 14.10%, representing a 2.00% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 13.80%, representing a 1.40% depreciation against the previous day’s position.

 

FIXED INCOME
Securities Close P. Close Change
Bond 323.85 323.13 +0.72 bps
T.Bills 224.23 277.39 -3.16 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

 The NASD OTC market today (Friday) closed on a negative note, as the Unlisted Securities Index (USI) closed at 707.77, representing a 0.20% depreciation against the previous day’s closing position. Similarly, Market Capitalization shed N1.07 billion closed at N519.90 billion, representing a 0.20% depreciation against the previous day’s closing position. However, the aggregate volume and value gained by 14,317.50% and 2,936.40% aggregated respectively, as investors traded a total of 10.301.17 shares, worth N42.33 million in 5 deal.

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Sector Performance

Sector % Change
NSE30 0.12
BANKING -0.68
CONSUMER GOODS 0.56
INDUSTRIAL 0.00
INSURANCE -0.63
LOTUS ISLAMIC 0.31
OIL/GAS 0.00

 

Top 7 Gainers

Company Pclose Open Close Change % Change
LIVESTOCK 0.51 0.51 0.56 0.05 9.80
INTBREW 3.60 3.60 3.85 0.25 6.94
VITAFOAM 5.07 5.07 5.33 0.26 5.13
GLAXOSMITH 4.60 4.60 4.80 0.20 4.35
UCAP 2.60 2.60 2.70 0.10 3.85
PZ 4.35 4.35 4.50 0.15 3.45
STERLNBANK 1.27 1.27 1.30 0.03 2.36

 

Top 7 Losers

Company Pclose Open Close Change % Change
ABCTRANS 0.56 0.56 0.51 -0.05 -8.93
REGALINS 0.24 0.24 0.22 -0.02 -8.33
AIICO 0.94 0.94 0.90 -0.04 -4.26
TRANSCORP 0.67 0.67 0.65 -0.02 -2.99
UBA 6.40 6.40 6.25 -0.15 -2.34
GUARANTY 22.75 22.75 22.45 -0.30 -1.32
FBNH 5.25 5.25 5.20 -0.05 -0.95

 

Top 7 Traders By VolumeTop

Company Volume Value(₦) Current Price
STERLNBANK                            17,663,711                        22,626,420 1.30
ZENITHBANK                            13,241,337                      220,461,867 16.70
UBA                              7,465,756                        47,060,797 6.25
TRANSCORP                              7,405,851                          4,689,492 0.65
FIDELITYBK                              6,204,193                        11,109,831 1.79
MBENEFIT                              6,060,400                          1,283,109 0.21
FCMB                              5,972,616                        11,325,044 1.90

 

7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                            13,241,337                 220,461,867.25 16.70
MTNN                              1,092,199                 126,861,618.60 116.10
GUARANTY                              4,601,942                 103,228,283.90 22.45
UBA                              7,465,756                   47,060,796.95 6.25
DANGCEM                                 343,315                   42,767,743.20 126.00
NESTLE                                   38,040                   42,650,471.90 1175.00
UBN                              4,937,306                   25,250,078.35 5.45

 

GTI

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