MTNN, AIRTELAFRI & 15 other push local stocks higher, gain 0.83%

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The Nigeria bourse today (Thursday) closed on a positive note, gaining 0.83% to extend the previous day positive sentiment to two consecutive trading days, following value appreciation on some blue-chip stocks like MTNN, AIRTELAFRI, ZENITHBANK and 14 other. Consequently, the market breadth closed on a positive note, recording 17 gainers as against 16 losers.

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 199.80 absolute points, representing a growth of 0.83% to close at 24,330.06 points.

IKEJAHOTEL emerged as the top gainer while NAHCO emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; CADBURY (+7.41%), HONYFLOUR (+4.35%), WAPIC (+3.33%), MTNN (+2.61%) UBA (+2.48%)  AIRTELAFRI (+2.35%), GUARANTY (+2.33%) and ZENITHBANK (+1.29%).

Click here for more on NSE Daily Price List

 

MARKET STATISTICS

CAP One Day (ASI CHG) +0.83%
Index 24,330.06 One Week (ASI CHG) +0.22%
Volume 207,400,280 One Month (ASI CHG) -2.41%
Value N987,769,065.3 Six Months (ASI CHG) -17.11%
Deals 3,323 52 Weeks (ASI CHG) -13.73%
Gainers 17 Losers 16
Unchanged 60 Total 93
YTD -9.36%

Source: NSE, GTI Research

FOREIGN EXCHANGE

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

The Investors and Exporters (I&E) FX window opened at N387.96, traded high at N390.89, and eventually closed at N390.00, representing a 0.39% depreciation against the previous day’s closing position. A total of $18.71 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed at 3.42%, representing a 7.37% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 2.67%, representing a 7.33% depreciation against the previous day’s position.

 

FIXED INCOME
Securities Close P. Close Change
Bond 308.54 309.81 -1.27 bps
T.Bills 223.47 221.53 +1.94 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

 The NASD OTC market today (Thursday) closed on a positive note, as the Unlisted Securities Index (USI) closed at 712.45, representing a 0.08% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N410 million closed at N523.34 billion, representing a 0.08% appreciation against the previous day’s closing position. Consequently, the aggregate volume and value increased by 351.05% and 159.57% respectively, as investors traded a total of 1,314,310 shares, worth N14.59 million in 12 deal.

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Sector Performance

Sector % Change
NSE30 0.69
BANKING 1.01
CONSUMER GOODS -0.46
INDUSTRIAL 0.00
INSURANCE 0.08
LOTUS ISLAMIC 0.64
OIL/GAS -0.27

 

Top 7 Gainers

Company Pclose Open Close Change % Change
IKEJAHOTEL 1.02 1.02 1.12 0.10 9.80
PRESCO 45.25 45.25 49.45 4.20 9.28
CADBURY 6.75 6.75 7.25 0.50 7.41
COURTVILLE 0.20 0.20 0.21 0.01 5.00
HONYFLOUR 0.92 0.92 0.96 0.04 4.35
LASACO 0.25 0.25 0.26 0.01 4.00
PRESTIGE 0.52 0.52 0.54 0.02 3.85

 

Top 7 Losers

Company Pclose Open Close Change % Change
NAHCO 2.18 2.18 1.98 -0.20 -9.17
UNITYBNK 0.49 0.49 0.45 -0.04 -8.16
ETI 4.70 4.70 4.35 -0.35 -7.45
FIDSON 2.85 2.85 2.65 -0.20 -7.02
ABCTRANS 0.50 0.50 0.47 -0.03 -6.00
UNILEVER 13.65 13.65 12.85 -0.80 -5.86
FLOURMILL 17.90 17.90 17.00 -0.90 -5.03

 

Top 7 Traders By VolumeTop

Company Volume Value(₦) Current Price
STERLNBANK                            60,083,622                        74,418,755 1.25
FBNH                            20,670,049                      103,401,279 5.00
JAPAULOIL                            17,284,299                          4,287,153 0.24
TRANSCORP                            11,569,066                          7,002,578 0.62
CUSTODIAN                            10,006,928                        48,033,254 4.80
FCMB                              9,337,201                        17,687,236 1.90
WAPCO                              5,781,972                        63,590,848 11.00

 

7 Traders By Value

Company Volume Value(₦) Current Price
AIRTELAFRI                                 300,882                 104,702,562.60 348.00
FBNH                            20,670,049                 103,401,278.65 5.00
GUARANTY                              3,889,480                   85,345,771.25 22.00
STERLNBANK                            60,083,622                   74,418,755.23 1.25
MTNN                                 610,000                   72,189,514.90 118.00
ZENITHBANK                              4,464,820                   70,475,631.95 15.75
WAPCO                              5,781,972                   63,590,847.55 11.00

 

GTI

GTI is a leading Nigerian Investment Banking group with proven expertise in Financial advisory, Securities Dealing (Fixed Income and Equities), Asset management and Deal Origination. We have strong capacity in financial service delivery.

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