Stock Market Sustains Uptrend, Post 0.40% gain.

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Activities in the Nigeria stock market sustained uptrend by posting 0.40% at the end of today’s trading session. The gain was driven by  WEMABANK, DANGCEM and 21 others. Market breadth closed at positive, recording 23 gainers and 15 losers.

NSE Trading Floor

The All Share Index (ASI) went up by 122.53 absolute points, representing an increase of 0.40%, closing at 30,583.21 points. Similarly, Market Capitalization increased by N45.70 billion representing a growth of 0.40%, closing at N11.40 trillion.

NEIMETH emerged the top gainer while ETRANZACT emerged the top loser.

The uptrend was impacted by gains recorded in medium and large capitalized stocks, amongst which are; WEMABANK (+5.17%), TRANSCORP (+2.38%), MOBIL (+2.17%), DANGCEM (+1.06%), NB (+0.96%), DANGFLOUR (+0.78%), UBA (+0.67%) and WAPCO (+0.40%).

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MARKET STATISTICS

CAP N11,404,755,707,347.86 One Day (ASI CHG) +0.40
Index 30,583.21 One Week (ASI CHG) +3.61
Volume 231,014,666 One Month (ASI CHG) -0.08
Value N3,260,755,764.24 Six Months (ASI CHG) -17.26
Deals 3,207 52 Weeks (ASI CHG) -31.86
Gainers 23 Losers 15
Unchanged 59 Total 97
  YTD Returns -2.70  

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate  closed at N306.85 representing a 0.16% depreciation against  yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.15, traded high at N365.50 and eventually closed at N362.70, representing a 0.10% appreciation against Wednesday’s closing price. A total of $333.37 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 13.50%, representing a 6.25% depreciation against Wednesday’s closing position, while Open Buy-Back (OBB) rate also closed at 13.00% representing a 5.17% depreciation against Wednesday’s closing position.

FIXED INCOME
Securities P. Close Close Change
Bond 844.38 839.03 -5.35 bps
T.Bills 528.24 528.46 +0.22 bps
Note: BPS=> Basis Points

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Source: FMDQ, GTI Research 

 

Sector Performance

Sector %    Change
NSE30 0.24
BANKING -0.26
CONSUMER GOODS 0.28
INDUSTRIAL 2.04
INSURANCE 0.07
LOTUS ISLAMIC 1.04
OIL/GAS 0.51

Top 7 Gainers

Company Pclose Open Close Change % Change
NEIMETH 0.61 0.61 0.67 0.06 9.84
NEM 2.06 2.10 2.26 0.20 9.71
SOVRENINS 0.22 0.22 0.24 0.02 9.09
ROYALEX 0.24 0.24 0.26 0.02 8.33
JAIZBANK 0.50 0.50 0.54 0.04 8.00
PZ 11.00 11.00 11.85 0.85 7.73
UNIONDAC 0.27 0.27 0.29 0.02 7.41

Top 7 Losers

Company Pclose Open Close Change % Change
ETRANZACT 3.95 3.95 3.56 -0.39 -9.87
RESORTSAL 0.31 0.31 0.28 -0.03 -9.68
CORNERST 0.22 0.22 0.20 -0.02 -9.09
NPFMCRFBK 1.59 1.59 1.46 -0.13 -8.18
FIRSTALUM 0.33 0.33 0.31 -0.02 -6.06
MANSARD 1.95 1.95 1.86 -0.09 -4.62
NASCON 18.60 18.60 18.00 -0.60 -3.23

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
DIAMONDBNK                        59,564,930.00                  125,133,365.81 2.11
GUARANTY                        45,587,083.00               1,480,306,539.40 32.40
ZENITHBANK                        19,831,603.00                  427,571,201.70 21.70
ACCESS                        19,477,026.00                  112,120,805.20 5.75
FBNH                        10,806,933.00                    79,407,736.25 7.35
FIDELITYBK                          9,565,361.00                    19,213,318.94 2.00
ETI                          7,887,867.00                  108,960,635.25 13.80

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                        45,587,083.00               1,480,306,539.40 32.40
NB                          5,957,030.00                  465,373,464.80 78.75
ZENITHBANK                        19,831,603.00                  427,571,201.70 21.70
DANGCEM                          1,124,510.00                  208,980,775.50 190.00
DIAMONDBNK                        59,564,930.00                  125,133,365.81 2.11
ACCESS                        19,477,026.00                  112,120,805.20 5.75
ETI                          7,887,867.00                  108,960,635.25 13.80

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