MTNN, ZENITHBANK, 11 others led NSE-ASI higher, post 0.36% gain

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The Nigerian equity market on Tuesday halt losing streak of two consecutive trading sessions, following bargain hunting on bellwether stocks like MTNN, ZENITHBANK, and 11 others. However, the market breadth closed negative, recording 13 gainers against 17 losers.

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 99.71 absolute points, representing a growth of 0.36% to close at 27,871.90 points, However, the overall Market Capitalization size gained N51.93 billion, representing a growth of 0.36% to close at N14.52 trillion.

UACN emerged as the top gainer while SKYAVN emerged as top loser.

The uptrendtrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; UACN (+9.41%), JAPAULOIL (+8.33%), MTNN (+4.35%), WAPCO (+2.99%), OANDO (+1.45%), FIDELITYBK (+0.94%), FBNH (+0.85%), and ZENITHBANK (-0.76%).

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MARKET STATISTICS

CAP N14,516,363,942,349.72 One Day (ASI CHG) +0.36%
Index 27,871.90 One Week (ASI CHG) -1.97%
Volume 276,268,300 One Month (ASI CHG) -5.94%
Value N3,706,717,854.49 Six Months (ASI CHG) +2.07%
Deals 3,690 52 Weeks (ASI CHG) -14.14%
Gainers 13 Losers 17
Unchanged 73 Total 103
YTD Returns +3.84%

Source: NSE, GTI Research

 

 

FOREIGN EXCHANGE

The Naira at the official window on Tuesday closed unchanged at 306.90/$1, against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N364.60, traded high at N365.55 and eventually closed at N364.90, representing a 0.09% depreciation as against yesterday’s closing position. A total of $366.19 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed unchanged at 16.00%, against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 15.14%, representing 0.19% depreciation against yesterday’s position.

 

 

FIXED INCOME
Securities P. Close Close Change
Bond 529.78 541.41 +11.63bps
T.Bills 597.54 594.21 -3.33 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET

The NASD OTC market on Tuesday remain unchanged as the Unlisted Securities Index (USI) closed at 697.86. Similarly, Market Capitalization closed unchanged at N501.73 billion, against yesterday’s position. However, the aggregate volume and value increased by 34,622.81% and 6,353.65%, as investors traded a total of 555,565 volume of shares, valued at N12,184,500 in 6 deals.

NASD Daily Price List

 

Sector Performance

Sector %    Change
NSE30 0.37
BANKING -0.35
CONSUMER GOODS -1.29
INDUSTRIAL -0.76
INSURANCE -0.55
LOTUS ISLAMIC 0.51
OIL/GAS 0.05

 

Top 7 Gainers

Company Pclose Open Close Change % Change
UACN 8.50 8.50 9.30 0.80 9.41
JAPAULOIL 0.24 0.24 0.26 0.02 8.33
CADBURY 9.00 9.00 9.40 0.40 4.44
MTNN 115.00 115.00 120.00 5.00 4.35
AIICO 0.82 0.82 0.85 0.03 3.66
WAPCO 15.05 15.05 15.50 0.45 2.99
UPDCREIT 3.40 3.40 3.50 0.10 2.94

 

Top 7 Losers

Company Pclose Open Close Change % Change
SKYAVN 3.74 3.74 3.37 -0.37 -9.89
CAVERTON 2.94 2.94 2.65 -0.29 -9.86
MRS 15.30 15.30 13.80 -1.50 -9.80
SOVRENINS 0.22 0.22 0.20 -0.02 -9.09
LINKASSURE 0.56 0.56 0.51 -0.05 -8.93
INTBREW 8.50 8.50 7.75 -0.75 -8.82
CILEASING 5.40 5.40 4.95 -0.45 -8.33

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
UBA                            49,472,856                      381,665,670 7.70
GUARANTY                            41,430,482                   1,204,976,626 29.00
ZENITHBANK                            30,240,597                      604,758,849 20.00
JAPAULOIL                            29,618,984                          7,687,004 0.26
ETI                            27,741,978                      192,810,529 6.95
ACCESS                            24,978,756                      240,523,704 9.60
TRANSCORP                            14,436,900                        13,871,660 0.97

 

Top 7 Traders By Value 

Company Volume Value(₦) Current Price
GUARANTY                            41,430,482              1,204,976,625.95 29.00
ZENITHBANK                            30,240,597                 604,758,848.95 20.00
MTNN                              4,487,874                 537,676,862.20 120.00
UBA                            49,472,856                 381,665,669.60 7.70
ACCESS                            24,978,756                 240,523,703.85 9.60
NESTLE                                 209,871                 238,166,824.80 1242.00
ETI                            27,741,978                 192,810,528.95 6.95

 

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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