Transactions on the Nigeria equity market today (Wednesday) closed on a positive note, gaining 0.18%, to extend the seesaw movement of alternating losses and gains to five consecutive days, following value appreciation on some bellwether stocks like BUA CEMENT, FBNH, UBA and 15 others.
Consequently, the market breadth closed on a positive note, recording 18 gainers as against 14 losers.
In summary, the All-Share Index (ASI) decreased by 133.45 absolute points, representing a dip of 0.54% to close at 24,650.16 points. Similarly, the overall Market Capitalization size shed N69.61 billion, representing a contraction of 0.54% to close at N12.86 trillion
SEPLAT emerged as the top gainers while NPFMCRFBK emerged as the top loser.
The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are; SEPLAT (+10.00%), HONYFLOUR (+4.17%), BUACEMENT (+1.03%), FBNH (+1.01%), UBA (+0.81%), FIDELITYBK (+0.59%) and FLOURMILL (+0.29%).
MARKET STATISTICS
| CAP | N12,881,709,459,280.55 | One Day (ASI CHG) | +0.18% |
| Index | 24,693.73 | One Week (ASI CHG) | +2.15% |
| Volume | 101,586,874.00 | One Month (ASI CHG) | -0.66% |
| Value | N973,636,783.16 | Six Months (ASI CHG) | -15.17% |
| Deals | 3,685 | 52 Weeks (ASI CHG) | -11.65% |
| Gainers | 18 | Losers | 14 |
| Unchanged | 61 | Total | 92 |
| YTD | -8.00% |
Source: NSE, GTI Research
FOREIGN EXCHANGE
The Naira at the official window on Wednesday closed at 381.00/$1, unchanged against the previous day’s position.
The Investors and Exporters (I&E) FX window opened at N388.61, traded high at N392.50, and eventually closed at N389.25, representing a 0.06% appreciation against the previous day’s closing position. A total of $18.83 million was transacted through the I&E window today.
MONEY MARKET
Overnight(O/N) rate closed at 2.10%, representing a 0.10% appreciation against the previous day’s closing position, while Open Buy-Back (OBB) rate closed at 1.40%, representing a 0.07% appreciation against the previous day’s position.
| FIXED INCOME | |||
| Securities | Close | P. Close | Change |
| Bond | 302.40 | 297.37 | +5.03 bps |
| T.Bills | 168.42 | 175.29 | -6.87 bps |
| Note: BPS=> Basis Points |
Source: FMDQ, GTI Research
NASD OTC MARKET
The NASD OTC market today (Wednesday) closed on a negative note as the Unlisted Securities Index (USI) closed at 700.82, representing a 0.68% depreciation against the previous day’s closing position. Similarly, Market Capitalization shed N3.50 billion to close at N514.80 billion, representing a 0.68% depreciation against the previous day’s closing position. However, the aggregate volume decreased by 3.24% while the aggregate value increased by 16.52%, as investors traded a total of 405,530 shares, worth N19.91 million in 19 deal.
Sector Performance
| Sector | % Change |
| NSE30 | 0.19 |
| BANKING | -0.21 |
| CONSUMER GOODS | 0.01 |
| INDUSTRIAL | 0.27 |
| INSURANCE | 1.40 |
| LOTUS ISLAMIC | 0.10 |
| OIL/GAS | 4.58 |
Top 7 Gainers
| Company | Pclose | Open | Close | Change | % Change |
| SEPLAT | 282.00 | 282.00 | 310.20 | 28.20 | 10.00 |
| CORNERST | 0.50 | 0.50 | 0.55 | 0.05 | 10.00 |
| PRESTIGE | 0.46 | 0.46 | 0.50 | 0.04 | 8.70 |
| PZ | 3.90 | 3.90 | 4.10 | 0.20 | 5.13 |
| MBENEFIT | 0.22 | 0.22 | 0.23 | 0.01 | 4.55 |
| HONYFLOUR | 0.96 | 0.96 | 1.00 | 0.04 | 4.17 |
| UACN | 6.80 | 6.80 | 7.00 | 0.20 | 2.94 |
Top 7 Losers
| Company | Pclose | Open | Close | Change | % Change |
| NPFMCRFBK | 1.31 | 1.31 | 1.18 | -0.13 | -9.92 |
| ARBICO | 1.54 | 1.54 | 1.39 | -0.15 | -9.74 |
| STUDPRESS | 1.99 | 1.99 | 1.80 | -0.19 | -9.55 |
| NAHCO | 2.10 | 2.10 | 2.00 | -0.10 | -4.76 |
| JAPAULOIL | 0.23 | 0.23 | 0.22 | -0.01 | -4.35 |
| GUINNESS | 13.50 | 13.50 | 13.00 | -0.50 | -3.70 |
| TRANSCORP | 0.64 | 0.64 | 0.62 | -0.02 | -3.13 |
Top 7 Traders By Volume
| Company | Volume | Value(₦) | Current Price |
| GUARANTY | 10,868,529 | 244,682,665 | 22.50 |
| FBNH | 9,715,949 | 49,141,768 | 5.00 |
| UBA | 9,446,483 | 58,597,588 | 6.20 |
| ETI | 6,081,250 | 25,427,858 | 4.15 |
| STERLNBANK | 5,870,265 | 6,990,621 | 1.19 |
| FCMB | 5,696,557 | 10,857,297 | 1.95 |
| ZENITHBANK | 5,176,792 | 83,899,538 | 16.30 |
Top 7 Traders By Value
| Company | Volume | Value(₦) | Current Price |
| GUARANTY | 10,868,529 | 244,682,665.15 | 22.50 |
| SEPLAT | 537,303 | 166,658,481.70 | 310.20 |
| ZENITHBANK | 5,176,792 | 83,899,537.90 | 16.30 |
| MTNN | 659,860 | 77,657,957.80 | 117.90 |
| UBA | 9,446,483 | 58,597,587.70 | 6.20 |
| FBNH | 9,715,949 | 49,141,768.40 | 5.00 |
| DANGCEM | 263,196 | 35,668,810.00 | 141.80 |
GTI Group Research
