MTNN, 18 others appreciate Investors’ wealth by 1.09%
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%).
|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%|
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.
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.
|Note: BPS=> Basis Points|
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.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value