Nigerian Equities Market Rises by 0.10%, Beginning the Year on a Positive Note

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The Nigeria equity market today (Thursday) closed the first trading session of the new year with a marginal gain of 0.10% amidst bargain hunting on medium and large capitalized stocks. Consequently, the market breadth closed positive, recording 21 gainers and 13 losers.

In summary, the All-Share Index (ASI) increased by 25.72 absolute points, representing a growth of 0.10% to close at 26,867.79 points. Similarly, the overall Market Capitalization size gained N12.42 billion, representing an increase of 0.10% to close at N12.97 trillion.

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

The uptrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; TRANSCORP (+8.08%), FBNH (+5.69%), MTNN (+3.81%), UACN (+3.49%),  DANGSUGAR (+2.94%),  ACCESS (+1.00%), ETI (+0.77%), UBA (+0.70%), and ZENITHBANK (+0.35%).

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MARKET STATISTICS

CAP N12,970,797,414,239.55 One Day (ASI CHG) +0.10%
Index 26,867.79 One Week (ASI CHG) +2.98%
Volume 264,103,517 One Month (ASI CHG) -0.45%
Value N5,231,059,112.25 Six Months (ASI CHG) -8.60%
Deals 3,178 52 Weeks (ASI CHG) -13.53%
Gainers 21 Losers 13
Unchanged 54 Total 88
YTD Returns +0.10%

Source: NSEGTI Research

FOREIGN EXCHANGE

The Naira at the official window closed unchanged at N307.00/$1, same as on Tuesday.

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The Investors and Exporters (I&E) FX window opened at N364.35, traded high at N366.05 and eventually closed at N364.79representing a 0.08% depreciation as against last Tuesday’s position. A total of $47.51 million was transacted through the I&E window today.

MONEY MARKET

Overnight(O/N) rate closed at 2.79%, representing 0.55% depreciation as against Tuesday’s position, while Open Buy-Back (OBB) rate closed at 2.14%,  representing 0.36% depreciation as against Tuesday’s position.

FIXED INCOME
Securities P. Close Close Change
Bond 638.74 646.95 +5.33 bps
T.Bills 504.14 498.22 – 15.09 bps
Note: BPS=> Basis Points

Source: FMDQGTI Research 

Read Also:  EQUITY MARKET SUMMARY: DANGOTE CEMENT, ZENITH BANK & 28 OTHERS DRAG MARKET TO 0.90% LOSS.
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NASD OTC MARKET         

The NASD OTC market performance indices today (Thursday) closed unchanged from last Tuesday’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 grew significantly by 250,545.17% and 2,068.33% respectively, as investors traded a total of 29,074,840 units of shares valued at N28.01 million in 10 deals.

Sector Performance

Sector %    Change
NSE30 0.25
BANKING -0.39
CONSUMER GOODS -0.10
INDUSTRIAL -2.26
INSURANCE 0.97
LOTUS ISLAMIC 1.00
OIL/GAS -5.01

Top 7 Gainers 

Company P.close Open Close Change % Change
ROYALEX 0.30 0.30 0.33 0.03 10.00
CORNERST 0.45 0.45 0.49 0.04 8.89
COURTVILLE 0.23 0.23 0.25 0.02 8.70
TRANSCORP 0.99 0.99 1.07 0.08 8.08
VITAFOAM 4.40 4.40 4.70 0.30 6.82
FBNH 6.15 6.15 6.50 0.35 5.69
UNITYBNK 0.64 0.64 0.67 0.03 4.69
Read Also:  Nigeria Money Market: Review and Outlook

Top Losers

Company P.close Open Close Change % Change
SEPLAT 657.80 657.80 592.10 -65.70 -9.99
GLAXOSMITH 6.10 6.10 5.50 -0.60 -9.84
WAPCO 15.30 15.30 13.80 -1.50 -9.80
FIDSON 3.10 3.10 2.80 -0.30 -9.68
WEMABANK 0.74 0.74 0.68 -0.06 -8.11
UNILEVER 22.00 22.00 20.70 -1.30 -5.91
STERLNBANK 1.99 1.99 1.90 -0.09 -4.52

 

Top 7 Traders By Volume

Company Volume Value(₦) Current Price
FBNH                             60,265,373                       384,003,552 6.50
ACCESS                             33,544,111                       335,581,156 10.10
ZENITHBANK                             30,910,561                       578,181,152 18.70
UBA                             28,168,755                       202,594,781 7.20
GUARANTY                             18,898,012                       553,424,538 29.20
WAPIC                             13,581,370                           4,627,521 0.35
WAPCO                               6,063,918                         84,551,755 13.80

  Top 7 Traders By Value

Company Volume Value(₦) Current Price
SEPLAT                               3,999,854               2,368,314,453.40 592.10
ZENITHBANK                             30,910,561                  578,181,152.15 18.70
GUARANTY                             18,898,012                  553,424,537.60 29.20
FBNH                             60,265,373                  384,003,551.60 6.50
ACCESS                             33,544,111                  335,581,155.95 10.10
DANGCEM                               1,871,726                  265,144,402.30 142.00
STANBIC                               5,819,755                  232,789,175.40 40.00
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