Equity Market begins the week in the green!

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Positive Performance Sustained In Local Bourse
Domestic Bourse Starts The Week In Red

The equity market performance index (NSE-ASI) recorded 0.45% gain to open the new trading week, this was the third consecutive gain in the year. Market breadth closed at par, recording 11 gainers and 11 losers. 

The All Share Index (ASI) went up by 134.09 absolute points, representing a gain of 0.45%, closing at 29,964.79 points. Similarly, Market Capitalization increased by N50.00 billion representing a growth of 0.45%, closing at N11.17 trillion.

FIRSTALUM emerged the top gainer while LINKASSURE emerged the top loser.

The upturn was impacted by gains recorded in medium and large capitalized stocks, amongst which are; DIAMONDBANK (+3.47%), FCMB (+2.35%), DANGCEM (+1.69%), DANGFLOUR(+0.80%), and TRANSCORP (+0.78%).

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MARKET STATISTICS

CAPN11,174,141,045,353.81One Day (ASI CHG)+0.45
Index2,542One Week (ASI CHG)-1.43
Volume132,408,139One Month (ASI CHG)-2.31
ValueN1,085,698,930.52Six Months (ASI CHG)-19.86
Deals29,964.7952 Weeks (ASI CHG)-30.15
Gainers11Losers11
Unchanged69Total91
YTD Returns-4.66

 

Source: NSE, GTI Research

FOREIGN EXCHANGE

The Naira at the inter-bank rate closed at N306.85 representing a 0.02% appreciation against last Friday’s closing price.

The Investors and Exporters (I&E) FX window opened at N364.58, traded high at N366.00 and eventually closed at N364.30, representing a 0.18% appreciation against last Friday’s closing price. A total of $219.98 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 35.25%, representing a 12.75% appreciation against Friday’s closing position, while Open Buy-Back (OBB) rate also closed at 31.67% representing a 11.67% appreciation against Friday’s closing position.

FIXED INCOME
SecuritiesP. CloseCloseChange
Bond853.72837.76-15.96 bps
T.Bills535.66533.58-2.08 bps
Note: BPS=> Basis Points

Source: FMDQ, GTI Research 

Sector Performance

Sector%    Change
NSE300.34
BANKING-0.08
CONSUMER GOODS-0.07
INDUSTRIAL1.08
INSURANCE-1.53
LOTUS ISLAMIC0.43
OIL/GAS-0.27

Top 7 Gainers

CompanyPcloseOpenCloseChange% Change
FIRSTALUM0.330.330.360.039.09
UCAP2.832.832.980.155.30
MBENEFIT0.20.20.210.015.00
ROYALEX0.210.210.220.014.76
DIAMONDBNK2.022.022.090.073.47
FCMB1.71.71.740.042.35
WAPCO12.2512.2512.500.252.04

Top 7 Losers

CompanyPcloseOpenCloseChange% Change
LINKASSURE0.650.650.59-0.06-9.23
WAPIC0.440.440.4-0.04-9.09
NAHCO3.53.53.21-0.29-8.29
RESORTSAL0.370.370.34-0.03-8.11
JAIZBANK0.530.530.50-0.03-5.66
FO292928-1.00-3.45
LASACO0.30.30.29-0.01-3.33

Top 7 Traders By Volume

CompanyVolumeValue(₦)Current Price
DIAMONDBNK                      50,104,086.00                103,577,259.922.09
ACCESS                      16,467,590.00                  92,402,648.905.65
ZENITHBANK                      12,317,356.00                268,607,012.1021.80
TRANSCORP                        9,783,392.00                  12,419,540.971.30
UBA                        6,723,662.00                  49,873,944.957.35
GUARANTY                        5,296,917.00                177,400,526.0033.50
FBNH                        4,873,073.00                  36,219,723.857.40

Top 7 Traders By Value

CompanyVolumeValue(₦)Current Price
ZENITHBANK                      12,317,356.00                268,607,012.1021.80
GUARANTY                        5,296,917.00                177,400,526.0033.50
GUINNESS                        1,943,524.00                126,312,933.0065.00
DIAMONDBNK                      50,104,086.00                103,577,259.922.09
ACCESS                      16,467,590.00                  92,402,648.905.65
UBA                        6,723,662.00                  49,873,944.957.35
NB                           582,835.00                  45,439,091.9578.00