WAPCO, DANGCEM & 13 others led local bourse to sustain seesaw movement, gains 1.46%

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Transactions on the Nigeria bourse today (Monday) began the trading week on a positive note, gaining 1.46%, sustaining a seesaw movement of four consecutive days of alternating losses and gains, following value appreciation on some bellwether stocks like WAPCO, DANGCEM, ACCESS and 12 others. However, the market breadth closed on a negative note, recording 19 losers as against 15 gainers.

NSE Trading Floor

In summary, the All-Share Index (ASI) increased by 355.88 absolute points, representing a growth of 1.46% to close at 24,783.61 points. Similarly, the overall Market Capitalization size gained N185.65 billion, representing an increase of 1.46% to close at N12.93 trillion

UNITYBNK emerged as the top gainer while UAC-PROP & MANSARD emerged as the top losers.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; WAPCO (+9.59%), GUARANTY (+7.62%), DANGCEM (+5.66%), ZENITHBANK (+2.58%), UBA (+2.50%), ACCESS (+1.61%), ETI (+1.18%) and FBNH (+1.01%).

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MARKET STATISTICS

CAP N12,928,597,764,196.50 One Day (ASI CHG) +1.46%
Index 24,783.61 One Week (ASI CHG) +2.12%
Volume 169,998,011 One Month (ASI CHG) -0.19%
Value N2,385,453,653.35 Six Months (ASI CHG) -16.14%
Deals 4,336 52 Weeks (ASI CHG) -11.46%
Gainers 15 Losers 19
Unchanged 61 Total 95
YTD -7.67%

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the official window on Monday closed at 381.00/$1, unchanged against the previous day’s position.

The Investors and Exporters (I&E) FX window opened at N388.10, traded high at N390.00, and eventually closed at N389.25, representing a 0.06% appreciation against the previous day’s closing position. A total of $38.86 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight(O/N) rate closed at 1.88%, representing a 0.33% depreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 1.13%, representing a 0.48% depreciation against the previous day’s position.

 

FIXED INCOME
Securities Close P. Close Change
Bond 308.14 311.61 -3.47 bps
T.Bills 176.60 182.16 -5.56 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research

 

NASD OTC MARKET

 The NASD OTC market today (Monday) closed on a negative note as the Unlisted Securities Index (USI) closed at 702.71, representing a 0.54% depreciation against the previous day’s closing position. Similarly, Market Capitalization shed N2.20 billion, to close at N516.19 billion, representing a 0.54% depreciation against the previous day’s closing position. However, the aggregate volume and value increased by 3,882.23% and 3,399.54% respectively, as investors traded a total of 1,127,568 shares, worth N33.62 million in 18 deal.

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Sector Performance

Sector % Change
NSE30 1.73
BANKING 3.71
CONSUMER GOODS -0.32
INDUSTRIAL 3.34
INSURANCE -1.81
LOTUS ISLAMIC 1.39
OIL/GAS -5.70

 

Top 7 Gainers

Company Pclose Open Close Change % Change
UNITYBNK 0.52 0.52 0.57 0.05 9.62
WAPCO 10.95 11.50 12.00 1.05 9.59
GUARANTY 21.65 21.65 23.30 1.65 7.62
NEIMETH 1.40 1.40 1.50 0.10 7.14
DANGCEM 134.20 134.20 141.80 7.60 5.66
JAIZBANK 0.58 0.58 0.60 0.02 3.45
AIICO 0.90 0.90 0.93 0.03 3.33

 

Top 7 Losers

Company Pclose Open Close Change % Change
UAC-PROP 0.90 0.90 0.81 -0.09 -10.00
MANSARD 1.60 1.60 1.44 -0.16 -10.00
SEPLAT 347.40 347.40 312.70 -34.70 -9.99
BERGER 6.10 6.10 5.50 -0.60 -9.84
CAP 18.95 18.95 17.10 -1.85 -9.76
PZ 4.45 4.45 4.05 -0.40 -8.99
OANDO 2.35 2.35 2.15 -0.20 -8.51

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FLOURMILL                            30,471,130                      518,056,802 17.00
WAPCO                            28,067,230                      335,838,905 12.00
FBNH                              9,946,062                        49,773,112 5.00
GUARANTY                              8,975,749                      201,602,735 23.30
UBA                              8,268,577                        50,409,375 6.15
ZENITHBANK                              7,213,714                      115,786,365 15.90
TRANSCORP                              7,055,731                          4,377,875 0.62

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
FLOURMILL                            30,471,130                 518,056,801.55 17.00
WAPCO                            28,067,230                 335,838,905.35 12.00
NESTLE                                 308,143                 329,725,700.30 1175.00
SEPLAT                                 864,089                 270,205,354.60 312.70
DANGCEM                              1,508,861                 212,277,881.20 141.80
GUARANTY                              8,975,749                 201,602,735.00 23.30
ZENITHBANK                              7,213,714                 115,786,365.15 15.90

 


 

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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