Nigerian Stock Market Index Up by 0.87% on the Last Trading Day of 2019

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Local Bourse Begins Week Higher Amid Election Atmosphere
Local Bourse Begins Week Higher Amid Election Atmosphere

The Nigeria equity market today, closed the last trading session of the year (2019) with a gain of 0.87%. Consequently, the market breadth closed positive, recording 24 gainers and 12 losers.

In summary, the All-Share Index (ASI) increased by 232.73 absolute points, representing a growth of 0.87% to close at 26,842.07points. Similarly, the overall Market Capitalization size gained N112.36 billion, representing an increase of 0.87% to close at N12.96 trillion.

SEPLAT emerged as the top gainer,  while  CUTIX emerged as top loser.

The uptrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; SEPLAT (+10.00%), ETERNA (+9.09%), OANDO (+8.42%), WEMABANK (+5.71%),  CADBURY (+2.93%),  ACCESS (+2.56%), GUARANTY (+2.41%), OKOMUOIL (+1.09%), UBA (+0.70%), UACN (+0.58%), FCMB (+0.54%), ZENITHBANK (+0.54%) and DANGCEM (+0.35%).

MARKET STATISTICS

CAP N12,958,379,438,439.41 One Day (ASI CHG) +0.87%
Index 26,842.07 One Week (ASI CHG) +2.88%
Volume 1,053,570,483 One Month (ASI CHG) -0.59%
Value N5,496,207,036.75 Six Months (ASI CHG) -10.43%
Deals 2,445 52 Weeks (ASI CHG) -14.60%
Gainers 24 Losers 12
Unchanged 50 Total 86
YTD Returns -14.60%

Source: NSEGTI Research

FOREIGN EXCHANGE

The Naira at the official rate remains unchanged to close at N307.00/$1 against Monday’s position.

The Investors and Exporters (I&E) FX window opened at N363.86, traded high at N365.00 and eventually closed at N364.51representing a 0.04% appreciation as against Monday’s position. A total of $81.36 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 3.33%, representing 0.08% depreciation as against Monday’s position, while Open Buy-Back (OBB) rate closed at 2.50%,  representing 0.176% depreciation as against previous day’s position.

FIXED INCOME
Securities P. Close Close Change
Bond 641.62 638.74 – 2.88 bps
T.Bills 513.31 504.14 – 9.17 bps
Note: BPS=> Basis Points

Source: FMDQGTI Research 

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NASD OTC MARKET         

The NASD OTC market performance indices on Tuesday closed unchanged from yesterday’s position, as the Unlisted Securities Index (USI) and Market Capitalization Values remained at 697.54 points and N501.14 billion respectively. However, the aggregate volume and value of trades declined by 96.48% and 91.09% respectively, as investors traded only a total of 11,600 units of shares valued at N1.29 million in 2 deals.

Sector Performance

Sector %    Change
NSE30 1.37
BANKING 1.37
CONSUMER GOODS -0.28
INDUSTRIAL 2.17
INSURANCE 1.96
LOTUS ISLAMIC 0.21
OIL/GAS 6.71

Top 7 Gainers 

Company close Open Close Change % Change
MANSARD 1.80 1.98 1.98 0.18 10.00
VITAFOAM 4.00 4.00 4.40 0.40 10.00
SEPLAT 598.00 598.00 657.80 59.80 10.00
GLAXOSMITH 5.55 5.55 6.10 0.55 9.91
CORNERST 0.41 0.41 0.45 0.04 9.76
WAPCO 14.00 14.00 15.30 1.30 9.29
CILEASING 5.40 5.40 5.90 0.50 9.26

Top Losers

CUTIX 1.45 1.45 1.33 -0.12 -8.28
LASACO 0.27 0.27 0.25 -0.02 -7.41
CHAMS 0.35 0.35 0.33 -0.02 -5.71
AFRIPRUD 4.18 4.18 4.00 -0.18 -4.31
COURTVILLE 0.24 0.24 0.23 -0.01 -4.17
FBNH 6.35 6.35 6.15 -0.20 -3.15
UNITYBNK 0.66 0.66 0.64 -0.02 -3.03

 Top 7 Traders By Volume

Company Volume Value(₦) Current Price
OMOMORBNK                           796,453,653                       438,049,509 0.55
ACCESS                             47,313,001                       471,373,127 10.00
UBA                             37,398,900                       267,663,183 7.15
ZENITHBANK                             29,786,039                       553,953,717 18.60
DANGCEM                             16,782,410                    2,381,646,537 142.00
AIICO                             14,237,981                         10,295,348 0.72
WAPCO                             13,002,864                       188,341,888 15.30

  Top 7 Traders By Value

Company Volume Value(₦) Current Price
DANGCEM                             16,782,410               2,381,646,536.70 142.00
ZENITHBANK                             29,786,039                  553,953,717.45 18.60
ACCESS                             47,313,001                  471,373,127.10 10.00
OMOMORBNK                           796,453,653                  438,049,509.15 0.55
UBA                             37,398,900                  267,663,182.95 7.15
GUARANTY                               6,962,819                  205,979,005.35 29.70
SEPLAT                                  311,014                  198,993,478.30 657.80