Transactions on the Nigerian equity market sustained last week uptrend to six consecutive trading session, as the market indices grew by 0.07%, following gains in Banking and Consumer goods sectors. Consequently, the market breadth closed positively, recording 32 gainers as against 11 losers.
In summary, the All-Share Index (ASI) increased by 16.48 absolute points, representing a growth of 0.07% to close at 25,221.23 points. Similarly, the overall Market Capitalization size gained N8.59 million, representing an increase of 0.07% to close at N13.14 trillion.
NB emerged as the top gainer while ARDOVA emerged as the top loser.
The uptrend was impacted by gains recorded in large and medium capitalized stocks, amongst which are; NB (+10.00%), STANBIC (+9.98%), ACCESS (+9.70%), FBNH (+9.62%), DANGSUGAR (+9.38%), GUINNESS (+8.17%), UACN (+7.78%), UBA (+5.88%), ZENITHBANK (+5.60%), GUARANTY (+4.63%), WAPCO (+3.11%), DANGCEM (+2.46%), and WEMABANK (+1.69%).
MARKET STATISTICS
| CAP | N13,144,119,164,300.35 | One Day (ASI CHG) | +0.07% |
| Index | 25,221.23 | One Week (ASI CHG) | +3.14% |
| Volume | 581,606,575 | One Month (ASI CHG) | +11.52% |
| Value | N5,590,619,232.87 | Six Months (ASI CHG) | -5.86% |
| Deals | 7,759 | 52 Weeks (ASI CHG) | -16.47% |
| Gainers | 32 | Losers | 11 |
| Unchanged | 56 | Total | 99 |
| -6.04% |
Source: NSE, GTI Research
FOREIGN EXCHANGE
The Naira at the official window on Thursday closed unchanged at 361.00/$1, against last Friday’s position.
The Investors and Exporters (I&E) FX window opened at N386.52, traded high at N390.00 and eventually closed at N385.94, to remain unchanged as against last Friday’s closing position. A total of $29.38 million was transacted through the I&E window today.
MONEY MARKET
Overnight(O/N) rate closed at 15.60%, representing a 0.03% depreciation against last Friday’s closing position, while Open Buy-Back (OBB) rate closed at 15.00%, to remain unchanged as against last Friday’s position.
| FIXED INCOME | |||
| Securities | P. Close | Close | Change |
| Bond | 490.24 | 478.24 | -12.00 bps |
| T.Bills | 243.45 | 243.63 | +0.19 bps |
| Note: BPS=> Basis Points |
Source: FMDQ, GTI Research
NASD OTC MARKET
The NASD OTC market on Wednesday closed negatively as the Unlisted Securities Index (USI) declined by 1.31% closed at 679.46, as against last Friday’s closing position. Similarly, Market Capitalization lost N6.65 billion closed at N499.11 billion. The aggregate volume dipped by 85.54%, while the aggregate value grew by 88.34%, as investors traded a total of 47,750 shares, worth N13.67 in 6 deal.
Sector Performance
| Sector | % Change |
| NSE30 | 0.09 |
| BANKING | 5.36 |
| CONSUMER GOODS | 3.09 |
| INDUSTRIAL | -1.98 |
| INSURANCE | -0.56 |
| LOTUS ISLAMIC | -1.80 |
| OIL/GAS | -0.34 |
Top 7 Gainers
| Company | Pclose | Open | Close | Change | % Change |
| NB | 39.50 | 39.50 | 43.45 | 3.95 | 10.00 |
| STANBIC | 32.55 | 32.55 | 35.80 | 3.25 | 9.98 |
| MAYBAKER | 2.81 | 2.81 | 3.09 | 0.28 | 9.96 |
| GLAXOSMITH | 7.15 | 7.15 | 7.85 | 0.70 | 9.79 |
| ACCESS | 6.70 | 6.70 | 7.35 | 0.65 | 9.70 |
| SKYAVN | 1.45 | 1.45 | 1.59 | 0.14 | 9.66 |
| FBNH | 5.20 | 5.20 | 5.70 | 0.50 | 9.62 |
Top 7 Losers
| Company | Pclose | Open | Close | Change | % Change |
| ARDOVA | 16.00 | 16.00 | 14.40 | -1.60 | -10.00 |
| REGALINS | 0.23 | 0.23 | 0.21 | -0.02 | -8.70 |
| AFROMEDIA | 0.28 | 0.28 | 0.26 | -0.02 | -7.14 |
| TRANSCORP | 0.77 | 0.77 | 0.72 | -0.05 | -6.49 |
| WAPIC | 0.33 | 0.33 | 0.31 | -0.02 | -6.06 |
| CAVERTON | 2.61 | 2.35 | 2.47 | -0.14 | -5.36 |
| NAHCO | 2.40 | 2.40 | 2.32 | -0.08 | -3.33 |
Top 7 Traders By Volume
| Company | Volume | Value(₦) | Current Price |
| FBNH | 120,862,227 | 681,865,462 | 5.70 |
| ZENITHBANK | 67,266,796 | 1,192,369,261 | 17.90 |
| GUARANTY | 62,688,244 | 1,542,059,290 | 24.85 |
| UBA | 45,789,532 | 328,617,532 | 7.20 |
| TRANSCORP | 36,542,307 | 26,993,045 | 0.72 |
| WAPCO | 29,723,280 | 347,325,791 | 11.60 |
| ACCESS | 23,781,234 | 170,083,576 | 7.35 |
Top 7 Traders By Value
| Company | Volume | Value(₦) | Current Price |
| GUARANTY | 62,688,244 | 1,542,059,289.90 | 24.85 |
| ZENITHBANK | 67,266,796 | 1,192,369,261.25 | 17.90 |
| FBNH | 120,862,227 | 681,865,461.50 | 5.70 |
| MTNN | 3,776,272 | 435,828,609.80 | 115.00 |
| WAPCO | 29,723,280 | 347,325,791.35 | 11.60 |
| UBA | 45,789,532 | 328,617,531.60 | 7.20 |
| ACCESS | 23,781,234 | 170,083,575.70 | 7.35 |