SEPLAT and 15 others sustains market positive momentum

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The Nigeria equity market today sustained yesterday’s positive momentum, gaining 0.67% from 101 traded stocks. The positive sentiment was driven by price appreciation on SEPLAT, NESTLE and 14 others. Conversely, market breadth closed negative, recording 16 gainers against 18 losers.

NSE Trading Floor

The All Share Index (ASI) gained by 207.92 absolute points, representing an increase of 0.67%, to close at 31,041.42 points. Similarly, Market Capitalization increased N78.58 billion representing a growth of 0.67%, to close at N11.67 trillion.

IKEJAHOTEL emerged the top gainer while UNIONDAC emerged as the top loser.

The marginal uptrend was impacted by gains recorded in medium and large capitalized stocks, amongst which are; SEPLAT (+9.26%), NESTLE (+5.48%), CCNN (+4.74%), MOBIL (+4.71%), PZ (+3.16%), UCAP (+1.79%),  ACCESS (+1.57%) FBNH  (+1.23%) and DANGCEM (+0.53%)

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MARKET STATISTICS  

CAP N11,672,096,803,032.66 One Day (ASI CHG) +0.67
Index 31,041.42 One Week (ASI CHG) -0.31
Volume 266,861,510 One Month (ASI CHG) -2.14
Value N3,153,466,088.20 Six Months (ASI CHG) -5.26
Deals 3,455 52 Weeks (ASI CHG) -24.21
Gainers 16 Losers 18
Unchanged 67 Total 101
  YTD Returns -1.24  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate remain unchanged to closed at N306.95  against yesterday’s closing position.

The Investors and Exporters (I&E) FX window opened at N360.63, traded high at N364.14 and eventually closed at N360.68, representing a 0.03% appreciation against yesterday’s closing position. A total of $202.75 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 10.67%, representing a 0.04% appreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate also closed at 9.86%, representing a 0.21% depreciation against yesterday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 874.70 832.59 +57.89 bps
T.Bills 552.79 541.99 +10.8 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

 

Sector Performance        

Sector %    Change
NSE30 0.61
BANKING -1.08
CONSUMER GOODS 2.30
INDUSTRIAL 0.18
INSURANCE -0.42
LOTUS ISLAMIC 1.79
OIL/GAS 4.84

Top 7 Gainers       

Company Pclose Open Close Change % Change
IKEJAHOTEL 1.71 1.71 1.88 0.17 9.94
ETERNA 4.85 4.85 5.30 0.45 9.28
SEPLAT 540.00 540.00 590.00 50.00 9.26
CAVERTON 2.35 2.35 2.49 0.14 5.96
NESTLE 1497.90 1497.90 1580.00 82.10 5.48
CCNN 19.00 19.00 19.90 0.90 4.74
MOBIL 170.00 170.00 178.00 8.00 4.71

 Top 7 Losers      

Company Pclose Open Close Change % Change
UNIONDAC 0.33 0.33 0.30 -0.03 -9.09
CUTIX 2.03 2.03 1.85 -0.18 -8.87
FIDELITYBK 2.26 2.29 2.06 -0.20 -8.85
MBENEFIT 0.24 0.24 0.22 -0.02 -8.33
CADBURY 10.90 10.90 10.00 -0.90 -8.26
PRESCO 68.00 68.00 62.75 -5.25 -7.72
WAPCO 12.95 12.95 12.20 -0.75 -5.79

      

Top 7 Traders By Volume        

Company Volume Value(₦) Current Price
FIDELITYBK                            58,191,981                      126,335,178 2.06
CHAMS                            40,897,639                          8,179,528 0.20
UBA                            36,300,718                      280,036,157 7.70
ZENITHBANK                            25,753,965                      562,735,077 21.80
FCMB                            15,915,987                        30,820,366 1.86
GUARANTY                            13,376,911                      492,050,127 36.05
TRANSCORP                            12,592,831                        15,299,542 1.21

Top 7 Traders By Value       

Company Volume Value(₦) Current Price
ZENITHBANK                            25,753,965                 562,735,076.60 21.80
NESTLE                                 332,878                 502,578,949.40 1580.00
GUARANTY                            13,376,911                 492,050,127.10 36.05
SEPLAT                                 706,412                 383,653,914.80 590.00
UBA                            36,300,718                 280,036,156.75 7.70
DANGCEM                              1,244,822                 238,264,787.70 191.00
FIDELITYBK                            58,191,981                 126,335,177.94 2.06

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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