Zenith Bank, Nestle and 13 others stir ASI to reverse yesterday’s loss, Post 0.11% gain.

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The Equity Market closed higher today, gaining 0.11% to halt downtrend of two consecutive trading days. Market breadth closed negative, recording 15 gainers and 17 losers.

 

                       NSE Trading Floor

 

In summary, the All Share Index (ASI) was up by 35.24 absolute points, representing an increase of 0.11%, closing at 32,417.82 points. Similarly, the Market Capitalization increased by N12.87 billion, representing a growth of 0.11%, closing at N11.84 trillion.

NIGERINS emerged the top gainer while INITSPLC emerged the top loser.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; FLOURMILL (+7.60%), FIDELITYBK (+1.58%), DANGSUGAR (+1.03%), DIAMONDBNK (+0.80%), NESTLE (+0.68), and ZENITHBANK (+0.23%).

 

MARKET STATISTICS

CAP N11,835,007,820,767.64 One Day (ASI CHG) +0.11
Index 32,417.82 One Week (ASI CHG) -0.02
Volume 148,527,210 One Month (ASI CHG) -3.08
Value N2,859,189,132.97 Six Months (ASI CHG) -20.63
Deals 2,857 52 Weeks (ASI CHG) -11.75
Gainers 15 Losers 17
Unchanged 77 Total 109
YTD Returns -15.23

Source: NSE, GTI Research

 

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed unchanged at N306.45, against yesterday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.85, traded high at N365.50 and eventually closed at N364.02, representing a 0.07% appreciation against yesterday’s closing price. A total of $285.05 million was transacted through the I&E window today.

 

MONEY MARKET

Overnight (O/N) rate closed at 9.58%, representing a 0.58% depreciation against yesterday’s closing position, while Open Buy-Back (OBB) rate  closed  at 9.00% representing a 0.87% depreciation against yesterday’s closing position.

 

Fixed Income
Securities P. Close Close Change
Bond 803.24 802.99 -1 bps
T.Bills 369.46 369.77 +1 bps
Note: BPS=> Basis Point

 

 

 

Sector Performance

Sector %    Change
NSE30 0.16
BANKING -0.59
CONSUMER GOODS 0.39
INDUSTRIAL -0.03
INSURANCE -0.88
LOTUS ISLAMIC 0.56
OIL/GAS -0.61

 

Top 7 Gainers

Company Pclose Open Close Change % Change
NIGERINS 0.30 0.30 0.33 0.03 10.00
PRESTIGE 0.48 0.48 0.52 0.04 8.33
FLOURMILL 20.40 20.40 21.95 1.55 7.60
LEARNAFRCA 1.10 1.10 1.16 0.06 5.45
OKOMUOIL 75.80 75.80 79.80 4.00 5.28
STANBIC 42.95 42.95 45.00 2.05 4.77
MBENEFIT 0.28 0.28 0.29 0.01 3.57

 

Top 7 Losers

Company Pclose Open Close Change % Change
INITSPLC 0.62 0.62 0.56 -0.06 -9.68
CONTINSURE 1.49 1.49 1.35 -0.14 -9.40
MCNICHOLS 0.65 0.65 0.59 -0.06 -9.23
UNITYBNK 0.99 0.99 0.90 -0.09 -9.09
FO 22.10 22.10 20.25 -1.85 -8.37
FIRSTALUM 0.35 0.35 0.33 -0.02 -5.71
CUTIX 4.50 4.50 4.33 -0.17 -3.78

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
GUARANTY                        48,719,583.00               1,778,379,775.55 36.50
FIDELITYBK                        13,884,591.00                    26,375,104.03 1.93
FCMB                        11,139,557.00                    18,795,226.36 1.68
TRANSCORP                          9,372,520.00                    11,788,346.30 1.25
FBNH                          7,161,740.00                    65,882,438.15 9.20
ZENITHBANK                          6,139,102.00                  135,544,845.25 22.05
STANBIC                          4,197,200.00                  188,692,233.00 45.00

 

Top 7 Traders By Value

Company Volume Value(₦) Current Price
GUARANTY                        48,719,583.00               1,778,379,775.55 36.50
NESTLE                             214,464.00                  306,413,615.00 1430.00
STANBIC                          4,197,200.00                  188,692,233.00 45.00
ZENITHBANK                          6,139,102.00                  135,544,845.25 22.05
FBNH                          7,161,740.00                    65,882,438.15 9.20
OKOMUOIL                             810,226.00                    64,101,383.75 79.80
NB                             491,855.00                    42,045,297.40 85.00

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