NSEASI extend positive sentiment to 7 consecutive trading days

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Activities in the Nigerian stock market resumed the new trading week , extending the bullish run. The positive performance was majorly driven by the financial services sector among others, making the market breadth to closed positive by recording 41 gainers and 10 losers.

NSE Trading Floor

The All Share Index (ASI) gained 251.95 absolute points, representing an increase of 0.80%, to close at 31,781.87 points. Similarly, Market Capitalization increased by N93.96 billion representing a growth of 0.80%, to close at N11.85 trillion.

CADBURY, LASACO & OANDO emerged the top gainers while CILEASING emerged  as the top loser.

The uptrend was impacted by gains recorded in medium and large capitalized stocks, amongst which are; OANDO (+10.00%), TRANSCORP (+9.77%), DANGFLOUR (+9.49%), WEMABANK (+7.04%), ACCESS (+5.26%), UBA (+4.58%), ZENITHBANK (+2.25%), DIAMNONDBNK (+2.13%),  STANBIC (+2.13%) FBNH (+1.25%), DANGSUGAR (+1.04%),  and GUARANTY (+0.52%).

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MARKET STATISTICS

CAP N11,851,957,537,537.37 One Day (ASI CHG) +0.80
Index 31,781.87 One Week (ASI CHG) +3.37
Volume 551,585,877 One Month (ASI CHG) +6.54
Value N5,649,368,011.13 Six Months (ASI CHG) -10.10
Deals 5,229 52 Weeks (ASI CHG) -26.31
Gainers 41 Losers 10
Unchanged 54 Total 105
  YTD Returns +1.12  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate  remain unchanged to closed at N306.70  against last Friday’s closing price.

The Investors and Exporters (I&E) FX window opened at N361.69, traded high at N363.00 and eventually closed at N361.95, representing a 0.08% depreciation against last Friday’s closing price. A total of $328.47 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 47.50%, representing a 28.08% appreciation against last week closing position, while Open Buy-Back (OBB) rate also closed at 43.33% representing a 24.67%  appreciation against last week closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 831.17 828.37 -2.80 bps
T.Bills 599.07 600.82 +0.75 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 1.07
BANKING 1.90
CONSUMER GOODS 0.42
INDUSTRIAL 0.31
INSURANCE 1.20
LOTUS ISLAMIC 0.05
OIL/GAS 0.58

Top 7 Gainers

Company Pclose Open Close Change % Change
CADBURY 10.00 10.00 11.00 1.00 10.00
LASACO 0.30 0.30 0.33 0.03 10.00
OANDO 5.00 5.00 5.50 0.50 10.00
TRANSCORP 1.33 1.33 1.46 0.13 9.77
MCNICHOLS 0.41 0.41 0.45 0.04 9.76
BETAGLAS 66.00 66.00 72.30 6.30 9.55
DANGFLOUR 6.85 6.85 7.50 0.65 9.49

Top 7 Losers

Company Pclose Open Close Change % Change
CILEASING 9.04 9.04 8.14 -0.90 -9.96
MEDVIEWAIR 1.85 1.85 1.70 -0.15 -8.11
TOTAL 220.90 220.90 205.00 -15.90 -7.20
UNIONDAC 0.29 0.29 0.27 -0.02 -6.90
JAIZBANK 0.53 0.53 0.50 -0.03 -5.66
JAPAULOIL 0.21 0.21 0.20 -0.01 -4.76
INTBREW 30.00 30.00 29.00 -1.00 -3.33

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
ACCESS                          101,620,983                      700,185,914 7.00
UBA                            69,912,842                      547,134,499 8.00
DIAMONDBNK                            52,607,179                      125,718,221 2.40
ZENITHBANK                            46,510,154                   1,152,312,137 24.95
TRANSCORP                            45,066,962                        64,693,234 1.46
FIDELITYBK                            41,430,705                      106,690,679 2.65
GUARANTY                            29,407,457                   1,146,479,290 38.85

Top 7 Traders By Value

Company Volume Value(₦) Current Price
ZENITHBANK                            46,510,154              1,152,312,137.40 24.95
GUARANTY                            29,407,457              1,146,479,289.60 38.85
DANGCEM                              4,020,618                 744,231,571.80 185.00
ACCESS                          101,620,983                 700,185,913.95 7.00
UBA                            69,912,842                 547,134,499.35 8.00
FBNH                            26,172,343                 212,717,113.50 8.10
WAPCO                            12,399,753                 154,961,379.00 12.50

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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