NSE ASI extends bullish run, gains 1.07%.

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The equity market today gained 1.07%, sustaining bullish run to three consecutive days. The performance was driven by gains in  industrial goods stocks particularly DangCem. Market breadth closed at positive, recording 24 gainers and 16 losers.

NSE Trading Floor

The All Share Index (ASI) went up by 323.15 absolute points, representing an increase of 1.07%, closing at 30, 460.68 points. Similarly, Market Capitalization increased by N120.50 billion representing a growth of 1.07%, closing at N11.36 trillion.

SOVRENINS emerged the top gainer while BETAGLAS emerged the top loser.

The uptrend was impacted by gains recorded in medium and large capitalized stocks, amongst which are; HONYFLOUR (+9.57%), DANGCEM (+4.44%), FCMB (+3.37%), UBA (+2.05%), DANGFLOUR (+1.59%), DIAMONDBANK (+1.44%), and FLOURMILL (+0.78%).

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MARKET STATISTICS

CAP N11,359,062,555,721.23 One Day (ASI CHG) +1.07
Index 30,460.68 One Week (ASI CHG) +3.83
Volume 305,808,139 One Month (ASI CHG) -0.69
Value N2,102,148,535.69 Six Months (ASI CHG) -18.26
Deals 3,642 52 Weeks (ASI CHG) -30.86
Gainers 24 Losers 16
Unchanged 61 Total 101
  YTD Returns -3.09  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate  closed at N306.35 representing a 0.16% appreciation against  Tuesday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.77, traded high at N365.70 and eventually closed at N363.05, representing a 0.15% appreciation against yesterday’s closing price. A total of $259.02 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 19.75%, representing a 4.42% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 18.17% representing a 3.50% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 844.60 844.38 -0.22 bps
T.Bills 536.05 528.24 -7.81 bps
Note: BPS=> Basis Points

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Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 0.61
BANKING -0.68
CONSUMER GOODS 0.24
INDUSTRIAL 1.70
INSURANCE 2.32
LOTUS ISLAMIC 1.16
OIL/GAS -0.01

Top 7 Gainers

Company Pclose Open Close Change % Change
SOVRENINS 0.20 0.20 0.22 0.02 10.00
VERITASKAP 0.20 0.20 0.22 0.02 10.00
GUINNESS 64.75 64.75 71.00 6.25 9.65
NEM 1.88 1.88 2.06 0.18 9.57
HONYFLOUR 1.15 1.15 1.26 0.11 9.57
CUSTODIAN 5.30 5.30 5.80 0.50 9.43
NIGERINS 0.22 0.22 0.24 0.02 9.09

Top 7 Losers

Company Pclose Open Close Change % Change
BETAGLAS 67.00 67.00 60.30 -6.70 -10.00
NNFM 4.35 4.35 3.95 -0.40 -9.20
RESORTSAL 0.34 0.34 0.31 -0.03 -8.82
PZ 12.00 12.00 11.00 -1.00 -8.33
NEIMETH 0.64 0.64 0.61 -0.03 -4.69
OANDO 4.55 4.55 4.40 -0.15 -3.30
GLAXOSMITH 12.20 12.20 11.80 -0.40 -3.28

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
DIAMONDBNK                      141,231,359.00                  296,575,402.85 2.11
FIDELITYBK                        18,607,707.00                    38,216,493.24 2.05
GUARANTY                        17,442,910.00                  577,749,845.80 32.60
ZENITHBANK                        16,231,311.00                  357,108,235.45 21.95
STERLNBANK                        15,969,114.00                    31,542,101.63 1.99
FBNH                        13,722,763.00                  102,493,090.50 7.35
ACCESS                        11,741,940.00                    68,590,396.05 5.80

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                        17,442,910.00                  577,749,845.80 32.60
ZENITHBANK                        16,231,311.00                  357,108,235.45 21.95
DIAMONDBNK                      141,231,359.00                  296,575,402.85 2.11
DANGCEM                          1,083,945.00                  198,948,159.00 188.00
FBNH                        13,722,763.00                  102,493,090.50 7.35
ACCESS                        11,741,940.00                    68,590,396.05 5.80
UBA                          7,724,544.00                    57,951,649.05 7.45

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