MTNN, 18 others appreciate Investors’ wealth by 1.09%

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After two consecutive days of decline, investors on the Nigeria equity market on Wednesday gained N129 billion, following price appreciation on MTNN, Guaranty, and 17 other stocks. As a result, the market breadth closed positive, recording 19 gainers against 14 losers.

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 246.57 absolute points, representing a growth of 1.09% to close at 22,789.64 points. Similarly, the overall Market Capitalization size gained N128.50 billion, representing a surge of 1.09% to close at N11.88 trillion.

MTNN & LASACO emerged as the top gainers while STERLNBANK emerged as top losers.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; MTNN (+10.00%), OANDO (+9.95%), PZ (+9.88%), CADBURY (+9.65%), UCAP (+7.44%), GUARANTY (+6.63%),  WEMABANK (+2.08%), INTBREW (+0.96%) and UBA(+0.94%).

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MARKET STATISTICS

CAP N11,876,247,580,336.01 One Day (ASI CHG) +1.09%
Index 22,789.64 One Week (ASI CHG) -3.32%
Volume 671,519,295 One Month (ASI CHG) -17.27%
Value N10,578,026,990.48 Six Months (ASI CHG) -17.67%
Deals 7,247 52 Weeks (ASI CHG) -26.78%
Gainers 19 Losers 14
Unchanged 58 Total 91
-15.01%

Source: NSE, GTI Research

 

 

FOREIGN EXCHANGE

The Naira at the official window on Wednesday closed unchanged 307.00/$1, as against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N368.42, traded high at N379.50 and eventually closed at N368.02, representing 0.12% depreciation against yesterday’s closing position. A total of $143.33 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed at 11.20%, representing a 1.44% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 10.40%, representing 1.31% depreciation against yesterday’s position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 606.07 606.07 +2.00 bps
T.Bills 714.43 702.48 -11.95 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

The NASD OTC market on Wednesday closed sustained negative sentiment as the Unlisted Securities Index (USI) closed at 683.08, representing a 0.06% depreciation against yesterday’s closing position. Similarly, Market Capitalization lost N300 million to close at N501.77 billion, representing a 0.06% depreciation against yesterday’s position. Consequently, the aggregate volume and value decreased by 81.65% and 99.33% respectively, as investors traded a total of 5,100 volume of shares, valued at N15,150 in 2 deals.

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Sector Performance

Sector %    Change
NSE30 1.21
BANKING 2.07
CONSUMER GOODS -1.53
INDUSTRIAL -1.00
INSURANCE -0.83
LOTUS ISLAMIC 0.94
OIL/GAS 0.84

Top 7 Gainers

Company Pclose Open Close Change % Change
LASACO 0.20 0.20 0.22 0.02 10.00
MTNN 95.00 95.00 104.50 9.50 10.00
OANDO 2.01 2.01 2.21 0.20 9.95
ETERNA 2.02 2.02 2.22 0.20 9.90
PZ 4.05 4.05 4.45 0.40 9.88
CADBURY 5.70 5.70 6.25 0.55 9.65
CAVERTON 2.28 2.28 2.50 0.22 9.65

Top 7 Losers

Company Pclose Open Close Change % Change
STERLNBANK 1.10 1.10 0.99 -0.11 -10.00
CHAMS 0.22 0.22 0.20 -0.02 -9.09
OKOMUOIL 60.00 60.00 55.05 -4.95 -8.25
AFRIPRUD 3.49 3.49 3.23 -0.26 -7.45
LAWUNION 1.03 1.03 0.96 -0.07 -6.80
AIICO 0.83 0.79 0.79 -0.04 -4.82
WAPIC 0.23 0.23 0.22 -0.01 -4.35


Top 7 Traders By Volume

Company Volume Value(₦) Current Price
GUARANTY                           177,750,796                    3,521,519,114 20.90
ZENITHBANK                           147,007,838                    1,976,539,251 13.50
ACCESS                             87,964,031                       565,760,547 6.05
FBNH                             60,824,261                       247,630,065 4.00
STANBIC                             27,086,657                       819,051,377 30.25
FIDELITYBK                             26,331,990                         45,912,048 1.78
UBA                             23,913,033                       128,686,258 5.35

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                           177,750,796               3,521,519,113.95 20.90
DANGCEM                             16,005,288               1,993,449,608.10 133.40
ZENITHBANK                           147,007,838               1,976,539,251.15 13.50
STANBIC                             27,086,657                  819,051,376.95 30.25
ACCESS                             87,964,031                  565,760,546.65 6.05
NESTLE                                  627,962                  554,007,756.00 880.00
MTNN                               3,678,165                  382,448,609.60 104.50

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