MTNN, 17 others sustains equity market uptrend

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Trading activities of the Nigerian stock market sustained the positive sentiment to four successive trading sessions, following the price appreciation on MTNN, Presco and 16 other. However, the market breadth closed positively, recording 18 gainers as against 19 losers.

 

Nigerian Stock Exchange 2

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 24.53 absolute points, representing a growth of 0.10% to close at 25,407.96 points. Similarly, the overall Market Capitalization size gained N12.80 million, representing an increase of 0.10% to close at N13.25 trillion.

NNEIMETH emerged as the top gainers while PZ emerged as the top loser.

The uptrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; PRESCO (+9.04%), ETI (+7.77%), TRANSCORP (+2.74%), STANBIC (+2.15%), MTNN (+1.29%),  and FBNH (+0.92%)

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

CAP N13,254,296,022,730.81 One Day (ASI CHG) +0.10%
Index 25,407.96 One Week (ASI CHG) +0.74%
Volume 353,329,264 One Month (ASI CHG) +10.37%
Value N7,035,663,993.39 Six Months (ASI CHG) -5.70%
Deals 4,659 52 Weeks (ASI CHG) -17.85%
Gainers 18 Losers 19
Unchanged 54 Total 91
-5.34%

Source: NSE, GTI Research

FMDQ ABOUT

FOREIGN EXCHANGE

The Naira at the official window on Wednesday closed unchanged at 361.00/$1, against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N387.50, traded high at N389.99 and eventually closed at N386.33, representing 0.22% depreciation as against yesterday’s closing position. A total of $24.64 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 2.70%, representing a 0.05% depreciation as against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 2.00%, to remain unchanged as against yesterday’s position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 478.75 492.70 +13.95 bps
T.Bills 223.56 232.93 +9.37 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

The NASD OTC market on Wednesday closed on a negative sentiment as the Unlisted Securities Index (USI) declined by 1.14% closed at 685.81, as against previous day’s closing position. Similarly, Market Capitalization lost N5.81 billion closed at N503.77 billion. The aggregate volume dipped by 91.68%, while the value grew by 25.92% as investors traded a total of 127,091 shares, worth N33.10 million in 5 deal.

Click here for more on NASD Daily Price List

 

Sector Performance

Sector %    Change
NSE30 0.24
BANKING -0.58
CONSUMER GOODS -0.38
INDUSTRIAL -0.16
INSURANCE 0.05
LOTUS ISLAMIC 0.20
OIL/GAS 0.00

Top 7 Gainers

Company Pclose Open Close Change % Change
NEIMETH 1.34 1.34 1.47 0.13 9.70
SKYAVN 2.07 2.07 2.27 0.20 9.66
PRESCO 41.50 41.50 45.25 3.75 9.04
JAPAULOIL 0.24 0.26 0.26 0.02 8.33
LASACO 0.25 0.25 0.27 0.02 8.00
ABCTRANS 0.38 0.38 0.41 0.03 7.89
ETI 5.15 5.15 5.55 0.40 7.77

Top 7 Losers

Company Pclose Open Close Change % Change
PZ 5.30 5.30 4.80 -0.50 -9.43
CILEASING 5.35 5.35 4.85 -0.50 -9.35
AFROMEDIA 0.23 0.23 0.21 -0.02 -8.70
CORNERST 0.60 0.60 0.55 -0.05 -8.33
UACN 8.40 8.40 7.70 -0.70 -8.33
CADBURY 8.90 8.90 8.45 -0.45 -5.06
GUINNESS 20.00 20.00 19.00 -1.00 -5.00

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FBNH                             50,290,215                       277,255,918 5.50
NB                             45,931,370                    2,020,820,082 44.00
GUARANTY                             42,397,977                    1,060,381,997 25.00
JAPAULOIL                             23,101,154                           5,995,505 0.26
ZENITHBANK                             21,795,026                       373,019,744 17.00
SKYAVN                             17,306,020                         38,422,765 2.27
DANGCEM                             14,967,642                    2,081,451,972 140.50

Top 7 Traders By Value

Company Volume Value(₦) Current Price
DANGCEM                             14,967,642               2,081,451,972.30 140.50
NB                             45,931,370               2,020,820,081.70 44.00
GUARANTY                             42,397,977               1,060,381,996.85 25.00
ZENITHBANK                             21,795,026                  373,019,743.50 17.00
STANBIC                             10,198,675                  336,750,572.00 33.20
FBNH                             50,290,215                  277,255,917.85 5.50
MTNN                               1,734,118                  204,740,505.70 118.00

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