MTNN, GUARANTY & 7 others lead Nigeria stocks to sustain uptrend as NSE-ASI gains 0.01%
The Nigerian equity market today (Monday) began the trading week on a positive note as the All-Share-Index appreciated marginally by 0.01%, to sustain the previous positive sentiment. The upturn was supported by value appreciation on some bellwether stocks like MTNN, GUARANTY and 7 others. However, the market breadth closed on a negative note, recording 16 losers as against 9 gainers.
- NSE Trading Floor
In summary, the All-Share Index (ASI) increased by 1.78 absolute points, representing a growth of 0.01% to close at 25,574.35 points. Similarly, the overall Market Capitalization size gained N0.93 billion, representing an increase of 0.01% to close at N13.37 trillion.
ABCTRANS emerged as the top gainer while CHAMPION emerged as the top loser.
The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; WAPIC (+8.11%), UACN (+5.79%) GUARANTY (+0.20%) and MTNN (+0.08%).
|CAP||N13,365,490,539,098.43||One Day (ASI CHG)||+0.01%|
|Index||25,574.35||One Week (ASI CHG)||-0.12%|
|Volume||196,121,661||One Month (ASI CHG)||+1.40%|
|Value||N1,727,944,934.83||Six Months (ASI CHG)||+15.83%|
|Deals||3,542||52 Weeks (ASI CHG)||-7.49%|
NASD OTC MARKET
The NASD OTC market today (Monday) closed on a positive note as the Unlisted Securities Index (USI) closed at 728.86, representing a 1.23% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N6.50 billion to closed at N535.40 billion, representing a 1.23% appreciation against the previous day’s closing position. However, the aggregate volume and value decreased by 34.17% and 93.69% respectively, as investors traded a total of 33,850 shares, worth N210,975 in 4 deals.