Equity Market Begins The Week In The Green, Gains 0.51%

Equity Market Begins The Week In The Green, Gains 0.51%

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The Equity Market resumed the week on a positive note, gaining 0.51% to continue last Friday’s positive sentiment. Market breadth closed positive, recording 27 gainers and 5 losers.

In summary, the All Share Index (ASI) was up by 163.96 absolute points, representing an increase of 0.51%, closing at 32,222.24 points. Similarly, Market Capitalization increased by N59.86 billion representing a spike of .51%, closing at N11.76 trillion.

GLAXOSMITH emerged the top gainer while MUTUAL BENEFIT emerged the top loser.

The upturn was impacted by gainers recorded in medium and large capitalized stocks, amongst which are; FLOURMILL (+4.65%), UCAP (+3.86%), FBNH (+2.01%), OANDO (+2.00%), DANGSUGAR (+1.17%), ACCESS (+0.65%)  ZENITHBANK (+0.425) and GUARANTY (+0.14%).

MARKET STATISTICS

CAPN11,763,605,772,956.01One Day (ASI CHG)+0.51
Index32,222.24One Week (ASI CHG)+0.25
Volume148,101,533One Month (ASI CHG)-1.89
ValueN1,796,075,043.84Six Months (ASI CHG)-20.38
Deals2,85352 Weeks (ASI CHG)-12.21
Gainers27Losers5
Unchanged66Total98
YTD Returns-15.74

Source: NSE, GTI Research

FOREIGN EXCHANGE

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The Naira at the inter-bank rate closed at N306.75 representing a 0.02% depreciation against Friday’s closing price.

The Investors and Exporters (I&E) FX window opened at N363.60, traded high at N365.00 and eventually closed at N363.69, representing a 0.09% appreciation against Friday’s closing price. A total of $108.17 million was transacted through the I&E window today.

MONEY MARKET

Overnight (O/N) rate closed at 10.83%, representing a 3.67% appreciation against Friday’s closing position, while Open Buy-Back (OBB) rate also closed at10.17% representing a 3.83% appreciation against Friday’s closing position.

FIXED INCOME
SecuritiesP. CloseCloseChange
Bond850.73844.65-6.08 bps
T.Bills447.87447.870.00 bps
Note: BPS=> Basis Point

Source: FMDQGTI Research

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Sector Performance

Sector%    Change
NSE300.57
BANKING0.38
CONSUMER GOODS1.37
INDUSTRIAL0.00
INSURANCE0.80
LOTUS ISLAMIC0.56
OIL/GAS-0.14

Top 7 Gainers

CompanyPcloseOpenCloseChange% Change
GLAXOSMITH12.0512.0513.251.209.96
UAC-PROP1.441.441.580.149.72
NPFMCRFBK1.361.361.490.139.56
PRESTIGE0.560.560.610.058.93
JAIZBANK0.450.450.490.048.89
CONTINSURE1.411.411.50.096.38
CHIPLC0.330.330.350.026.06
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Top 5 Loser

CompanyPcloseOpenCloseChange% Change
MBENEFIT0.250.250.23-0.02-8.00
UNIONDAC0.250.250.23-0.02-8.00
FO20.620.619-1.60-7.77
WAPIC0.420.420.4-0.02-4.76
DIAMONDBNK0.90.90.89-0.01-1.11

Top 7 Traders By Volume

CompanyVolumeValue(₦)Current Price
OANDO                      30,303,655.00                154,235,482.105.10
DIAMONDBNK                      16,351,940.00                  14,471,666.210.89
UBA                      12,852,482.00                100,191,759.707.80
FIDELITYBK                      11,473,087.00                  22,697,173.752.00
GUARANTY                        9,159,852.00                338,576,202.5536.95
HONYFLOUR                        7,221,103.00                    7,719,507.251.04
STERLNBANK                        6,371,627.00                  10,172,203.201.61

Top 7 Traders By Value

CompanyVolumeValue(₦)Current Price
NESTLE                           272,622.00                408,771,237.301500
GUARANTY                        9,159,852.00                338,576,202.5536.95
OANDO                      30,303,655.00                154,235,482.105.10
UNILEVER                        3,803,422.00                150,134,053.9039.50
ZENITHBANK                        4,782,795.00                115,155,862.5024.10
UBA                      12,852,482.00                100,191,759.707.80
SEPLAT                           165,935.00                  99,633,905.50652.70
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