Nigeria bourse returns north after two days of profit-taking

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The Nigerian stock market on Thursday rebound from a two days losing streak with a gain of 0.45%. The growth was impacted by gains on DANGCEM, BUACEMENT, ACCESS and 11 others. However, the market breadth closed at par, recording 14 gainers against 14 losers.

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 133.08 absolute points, representing a growth of 0.45% to close at 29,597.29 points, Similarly, the overall Market Capitalization size increased by N68.55 billion, representing a growth of 0.45% to close at N15.24 trillion.

CAP emerged as the top gainer  while  LINKASSURE emerged as top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; CAP (+10.00%), FIDELITYBK (+4.55%), OANDO (+4.32%), ACCESS (+2.48%), WAPCO (+2.38%), SEPLAT (+2.04%) and DANGCEM (+1.22%).

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MARKET STATISTICS

CAP N15,242,251,764,386.68 One Day (ASI CHG) +0.45%
Index 29,591.29 One Week (ASI CHG) +0.81%
Volume 196,929,090 One Month (ASI CHG) +13.31%
Value N7,710,990,515.07 Six Months (ASI CHG) +5.14%
Deals 2,915 52 Weeks (ASI CHG) -4.17%
Gainers 14 Losers 14
Unchanged 66 Total 94
YTD Returns +10.24%

Source: NSE, GTI Research

 

 

FOREIGN EXCHANGE

The Naira at the official window on Thursday closed unchanged at 306.95/$1, against yesterday’s position.

The Investors and Exporters (I&E) FX window opened at N361.69, traded high at N363.50 and eventually closed at N362.51, representing a 0.10% appreciation as against yesterday’s closing position. A total of $70.17 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed at 3.57%, representing 0.71% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate closed at 2.93%, representing 0.79% appreciation against yesterday’s position.

 

FIXED INCOME
Securities P. Close Close Change
Bond 566.64 550.23 -16.41 bps
T.Bills 434.49 437.08 +2.59 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

NASD OTC MARKET

The NASD OTC market on Thursday closed on a positive sentiment as the Unlisted Securities Index (USI)  close at 706.52, representing a 0.55% growth against yesterday’s closing positiion. Similarly, Market Capitalization gained N2.75 billion to closed at N507.59 billion as against yesterday’s position. However, the aggregate volume and value decreased by 62.08% and 96.85% respectively, as investors traded a total of 106,810 volume of shares valued at N1.21 million in 6 deals.

NASD Daily Price List

 

Sector Performance

Sector %    Change
NSE30 0.56
BANKING 0.13
CONSUMER GOODS 0.37
INDUSTRIAL 1.94
INSURANCE -1.77
LOTUS ISLAMIC 0.66
OIL/GAS 1.53

 

Top 7 Gainers 

Company Pclose Open Close Change % Change
CAP 25.00 25.00 27.50 2.50 10.00
UNILEVER 18.00 18.00 19.45 1.45 8.06
CHAMS 0.31 0.31 0.33 0.02 6.45
TRANSCORP 1.03 1.03 1.08 0.05 4.85
FIDELITYBK 2.20 2.20 2.30 0.10 4.55
OANDO 3.70 3.70 3.86 0.16 4.32
STERLNBANK 1.90 1.90 1.96 0.06 3.16

 

Top Losers

Company Pclose Open Close Change % Change
LINKASSURE 0.48 0.48 0.44 -0.04 -8.33
WAPIC 0.38 0.38 0.35 -0.03 -7.89
HONYFLOUR 1.17 1.17 1.08 -0.09 -7.69
AIICO 0.88 0.88 0.83 -0.05 -5.68
JAIZBANK 0.68 0.68 0.65 -0.03 -4.41
COURTVILLE 0.23 0.23 0.22 -0.01 -4.35
CORNERST 0.56 0.56 0.54 -0.02 -3.57

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
UBA                            26,596,467                      227,024,198 8.65
FCMB                            23,435,270                        46,628,186 2.00
ACCESS                            20,393,728                      206,097,436 10.35
GUARANTY                            15,988,982                      513,651,845 32.10
ZENITHBANK                            15,232,894                      334,985,719 22.00
TRIPPLEG                            13,515,456                          7,838,963 0.58
TRANSCORP                              9,363,242                          9,773,857 1.08

 

Top 7 Traders By Value 

Company Volume Value(₦) Current Price
SEPLAT                              8,784,972              5,270,983,200.00 600.00
MTNN                              4,109,280                 521,419,774.80 127.00
GUARANTY                            15,988,982                 513,651,845.25 32.10
ZENITHBANK                            15,232,894                 334,985,718.90 22.00
UBA                            26,596,467                 227,024,198.10 8.65
ACCESS                            20,393,728                 206,097,436.10 10.35
DANGCEM                                 871,685                 151,142,312.10 174.90

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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