MTNN, ZENITHBANK, 11 others led NSE-ASI higher, post 0.36% gain
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%).
|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%|
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.
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.
|Note: BPS=> Basis Points|
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.
Top 7 Gainers
Top 7 Losers
Top 7 Traders By Volume
Top 7 Traders By Value